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

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$104.90 +1.03 (+0.99 %)
(As of 09/20/2018 03:50 PM ET)
Previous Close$104.10
Today's Range$103.90 - $104.90
52-Week Range$95.01 - $146.28
Volume6,942 shs
Average Volume457,945 shs
Market Capitalization$7.49 billion
P/E Ratio13.50
Dividend Yield2.32%
Beta0.64
Ingredion logoIngredion 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
SymbolNYSE:INGR
CUSIP45718710
Phone708-551-2600

Debt

Debt-to-Equity Ratio0.54
Current Ratio2.46
Quick Ratio1.48

Price-To-Earnings

Trailing P/E Ratio13.50
Forward P/E Ratio13.93
P/E Growth1.25

Sales & Book Value

Annual Sales$6.18 billion
Price / Sales1.23
Cash Flow$10.9157 per share
Price / Cash9.61
Book Value$40.59 per share
Price / Book2.58

Profitability

EPS (Most Recent Fiscal Year)$7.70
Net Income$519 million
Net Margins8.40%
Return on Equity18.91%
Return on Assets9.33%

Miscellaneous

Employees11,000
Outstanding Shares72,240,000
Market Cap$7.49 billion

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 announced a quarterly dividend on Monday, September 17th. Stockholders 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 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend is Friday, September 28th. This is an increase 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) released its earnings results on Thursday, August, 2nd. The company reported $1.66 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.65 by $0.01. The business earned $1.50 billion during the quarter, compared to analyst estimates of $1.47 billion. Ingredion had a net margin of 8.40% and a return on equity of 18.91%. Ingredion's revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $1.89 EPS. View Ingredion's Earnings History.

When is Ingredion's next earnings date?

Ingredion is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. 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, August, 2nd. The company provided earnings per share guidance of $7.50-7.80 for the period, compared to the Thomson Reuters consensus estimate of $7.52.

What price target have analysts set for INGR?

6 analysts have issued 12-month target prices for Ingredion's shares. Their forecasts range from $110.00 to $145.00. On average, they anticipate Ingredion's stock price to reach $125.00 in the next twelve months. This suggests a possible upside of 19.4% 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 1 sell rating, 3 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. " (9/19/2018)
  • 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)

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)

Has Ingredion been receiving favorable news coverage?

Media headlines about INGR stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ingredion earned a news impact score of 0.18 on Accern's scale. They also gave press coverage about the company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Ingredion.

Who are Ingredion's major shareholders?

Ingredion's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.21%), LSV Asset Management (3.44%), Victory Capital Management Inc. (2.38%), Bessemer Group Inc. (1.43%), FMR LLC (1.37%) and FMR LLC (1.37%). Company insiders that own Ingredion stock include Ilene S Gordon, James P Zallie, Jorgen Kokke, Martin Sonntag and Robert J Stefansic. View Institutional Ownership Trends for Ingredion.

Which major investors are selling Ingredion stock?

INGR stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Renaissance Technologies LLC, FMR LLC, FMR LLC, Russell Investments Group Ltd., Dana Investment Advisors Inc., Acadian Asset Management LLC and Aperio Group LLC. Company insiders that have sold Ingredion company stock in the last year include Ilene S Gordon, Jorgen Kokke, Martin Sonntag and Robert J Stefansic. View Insider Buying and Selling for Ingredion.

Which major investors are buying Ingredion stock?

INGR stock was purchased by a variety of institutional investors in the last quarter, including Bessemer Group Inc., USS Investment Management Ltd, Millennium Management LLC, Schwab Charles Investment Management Inc., Natixis, Reinhart Partners Inc., Hermes Investment Management Ltd. and Wells Fargo & Company MN. 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 $104.69.

How big of a company is Ingredion?

Ingredion has a market capitalization of $7.49 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.

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:  257 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  581
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 9/20/2018 by MarketBeat.com Staff

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