NYSE:INGR - Ingredion Stock Price, News, & Analysis

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$99.83 -2.39 (-2.34 %)
(As of 11/16/2018 02:09 AM ET)
Previous Close$102.22
Today's Range$99.16 - $101.47
52-Week Range$89.48 - $146.28
Volume459,114 shs
Average Volume526,138 shs
Market Capitalization$7.32 billion
P/E Ratio12.96
Dividend Yield2.45%
Beta0.64
Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. The company operates through four segments: North America, South America, Asia Pacific and Europe, and Middle East and Africa. It offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins, glucose and syrup solids, as well as food-grade and industrial starches, and biomaterials. The company also provides animal feed products; edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise, and other foods; and corn gluten feed used as protein feed for chickens, pet food, and aquaculture. Its products are derived primarily from processing corn and other starch-based materials, such as tapioca, potato, and rice. The company serves food, beverage, paper and corrugating products, brewing, pharmaceutical, textile, and personal care industries, as well as animal feed and corn oil markets. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Grain mill products
Sub-IndustryAgricultural Products
SectorConsumer Staples
Current SymbolNYSE:INGR
Previous SymbolNYSE:CPO
CUSIP45718710
Phone708-551-2600

Debt

Debt-to-Equity Ratio0.55
Current Ratio2.50
Quick Ratio1.53

Price-To-Earnings

Trailing P/E Ratio12.96
Forward P/E Ratio14.43
P/E Growth1.36

Sales & Book Value

Annual Sales$6.18 billion
Price / Sales1.14
Cash Flow$10.3881 per share
Price / Cash9.61
Book Value$40.41 per share
Price / Book2.47

Profitability

EPS (Most Recent Fiscal Year)$7.70
Net Income$519 million
Net Margins7.40%
Return on Equity17.55%
Return on Assets8.71%

Miscellaneous

Employees11,000
Outstanding Shares70,700,000
Market Cap$7.32 billion
OptionableOptionable

Ingredion (NYSE:INGR) Frequently Asked Questions

What is Ingredion's stock symbol?

Ingredion trades on the New York Stock Exchange (NYSE) under the ticker symbol "INGR."

How often does Ingredion pay dividends? What is the dividend yield for Ingredion?

Ingredion declared a quarterly dividend on Monday, September 17th. Investors of record on Monday, October 1st will be given a dividend of $0.625 per share on Thursday, October 25th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, September 28th. This is a positive change from Ingredion's previous quarterly dividend of $0.60. View Ingredion's Dividend History.

How were Ingredion's earnings last quarter?

Ingredion Inc (NYSE:INGR) announced its quarterly earnings data on Thursday, November, 1st. The company reported $1.70 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $1.70. The business earned $1.56 billion during the quarter, compared to analyst estimates of $1.46 billion. Ingredion had a return on equity of 17.55% and a net margin of 7.40%. The firm's revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter last year, the business posted $2.21 EPS. View Ingredion's Earnings History.

When is Ingredion's next earnings date?

Ingredion is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Ingredion.

What guidance has Ingredion issued on next quarter's earnings?

Ingredion issued an update on its FY18 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $6.80-7.05 for the period, compared to the Thomson Reuters consensus estimate of $6.91. Ingredion also updated its FY 2018 guidance to $6.80-7.05 EPS.

What price target have analysts set for INGR?

6 equities research analysts have issued 1 year target prices for Ingredion's shares. Their predictions range from $89.00 to $145.00. On average, they expect Ingredion's share price to reach $117.80 in the next year. This suggests a possible upside of 18.0% from the stock's current price. View Analyst Price Targets for Ingredion.

What is the consensus analysts' recommendation for Ingredion?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingredion in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ingredion.

What are Wall Street analysts saying about Ingredion stock?

Here are some recent quotes from research analysts about Ingredion stock:
  • 1. According to Zacks Investment Research, "Ingredion Incorporated is an ingredients solutions provider specializing in nature-based sweeteners, starches and nutrition ingredients. The Company serves diverse sectors in food, beverage, brewing, pharmaceuticals and other industries. Its sweetener products include dextrose, glucose, polyols, HFCS and Maltodextrin. The Company's nutrition solutions include prebiotic fibers, resistant starch, soluble fibers and Inulin fibers. Its starch-based products include both industrial and food-grade starches. Ingredion Incorporated, formerly known as Corn Products International, Inc., is headquartered in Chicago. " (10/30/2018)
  • 2. Jefferies Financial Group Inc analysts commented, "Yesterday AMC, INGR pre-announced 2Q results & lowered 2018 EPS guidance by 5% owing to weaker than expected HFCS demand in NA. While disappointing, HFCS is a fairly small portion of INGR’s overall portfolio & has been in secular decline for some time. Our LT thesis is predicated more on Specialty business growth, which remains on track, while the newly announced cost savings program should accelerate margin expansion. We reiterate our Buy rating & $145 PT." (7/13/2018)

Has Ingredion been receiving favorable news coverage?

News articles about INGR stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ingredion earned a news sentiment score of 1.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of Ingredion's key competitors?

Some companies that are related to Ingredion include General Mills (GIS), Kellogg (K), Post (POST), Freshpet (FRPT), RiceBran Technologies (RIBT) and Z-Trim (FBER).

Who are Ingredion's key executives?

Ingredion's management team includes the folowing people:
  • Mr. James P. Zallie, Pres, CEO & Director (Age 57)
  • Mr. James D. Gray, Exec. VP & CFO (Age 51)
  • Ms. Christine M. Castellano, Sr. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 52)
  • Mr. Jorgen Kokke, Exec. VP of Global Specialties & Pres of North America (Age 49)
  • Mr. Stephen K. Latreille, VP, Corp. Controller & Principal Accounting Officer, (Age 51)

Who are Ingredion's major shareholders?

Ingredion's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.42%), LSV Asset Management (3.45%), Victory Capital Management Inc. (2.85%), Bank of New York Mellon Corp (2.33%), FMR LLC (2.09%) and AQR Capital Management LLC (1.82%). Company insiders that own Ingredion stock include Barbara A Klein, Christine M Castellano, Ilene S Gordon, James P Zallie, Jorgen Kokke, Martin Sonntag and Robert J Stefansic. View Institutional Ownership Trends for Ingredion.

Which institutional investors are selling Ingredion stock?

INGR stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Deutsche Bank AG, Acadian Asset Management LLC, Prudential Financial Inc., Mitsubishi UFJ Trust & Banking Corp, AQR Capital Management LLC, Forsta AP Fonden and Wells Fargo & Company MN. Company insiders that have sold Ingredion company stock in the last year include Barbara A Klein, Christine M Castellano, Ilene S Gordon, Jorgen Kokke, Martin Sonntag and Robert J Stefansic. View Insider Buying and Selling for Ingredion.

Which institutional investors are buying Ingredion stock?

INGR stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Massachusetts Financial Services Co. MA, FMR LLC, Panagora Asset Management Inc., Victory Capital Management Inc., Alliancebernstein L.P., South Texas Money Management Ltd. and CWM LLC. View Insider Buying and Selling for Ingredion.

How do I buy shares of Ingredion?

Shares of INGR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ingredion's stock price today?

One share of INGR stock can currently be purchased for approximately $99.83.

How big of a company is Ingredion?

Ingredion has a market capitalization of $7.32 billion and generates $6.18 billion in revenue each year. The company earns $519 million in net income (profit) each year or $7.70 on an earnings per share basis. Ingredion employs 11,000 workers across the globe.

What is Ingredion's official website?

The official website for Ingredion is http://www.ingredion.com.

How can I contact Ingredion?

Ingredion's mailing address is 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL, 60154. The company can be reached via phone at 708-551-2600 or via email at [email protected]


MarketBeat Community Rating for Ingredion (NYSE INGR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  268 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  609
MarketBeat's community ratings are surveys of what our community members think about Ingredion and other stocks. Vote "Outperform" if you believe INGR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INGR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2018 by MarketBeat.com Staff

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