NYSE:INGRIngredion Stock Price, Forecast & News

$76.21

-0.89 (-1.15 %)

(As of 04/3/2020 04:00 PM ET)

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Today's Range

$74.77

Now: $76.21▼

$77.28

50-Day Range

$60.80

MA: $81.74▼

$97.80

52-Week Range

$59.11

Now: $76.21▼

$99.51

Volume542,139 shs

Average Volume610,692 shs

Market Capitalization$5.10 billion

P/E Ratio12.45

Dividend Yield3.27%

Beta0.79

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.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
Ingredion has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $94.40, Ingredion has a potential upside of 23.9% from its current price of $76.21.
Amount of Analyst Coverage
Ingredion has only been the subject of 3 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Ingredion has received 338 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ingredion has received 464 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ingredion has received 57.86% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Ingredion is a leading dividend payer. It pays a dividend yield of 3.27%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ingredion has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of Ingredion is 37.89 %. This payout ratio is at a healthy, sustainable level, below 75%.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ingredion insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $187.00 in company stock.
Percentage Held by Insiders
Only 0.56% of the stock of Ingredion is held by insiders.
Percentage Held by Institutions
89.49% of the stock of Ingredion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Ingredion are expected to decrease by -100.00% in the coming year, from $7.05 to $0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ingredion is 12.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ingredion is 12.45, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.61.
Price to Book Value per Share Ratio
Ingredion has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.83 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Grain mill products

Sub-IndustryAgricultural Products

SectorConsumer Staples

Current SymbolNYSE:INGR

Previous SymbolNYSE:CPO

CUSIP45718710

CIK1046257

Webhttp://www.ingredion.com/

Phone708-551-2600

Debt

Debt-to-Equity Ratio0.69

Current Ratio2.23

Quick Ratio1.34

Price-To-Earnings

Trailing P/E Ratio12.45

Forward P/E Ratio10.81

P/E GrowthN/A

Sales & Book Value

Annual Sales$6.21 billion

Price / Sales0.82

Cash Flow$10.09 per share

Price / Cash Flow7.55

Book Value$41.06 per share

Price / Book1.86

Profitability

EPS (Most Recent Fiscal Year)$6.65

Net Income$413 million

Net Margins6.91%

Return on Equity17.05%

Return on Assets7.45%

Miscellaneous

Employees11,000

Outstanding Shares66,882,000

Market Cap$5.10 billion

Next Earnings Date5/7/2020 (Estimated)

OptionableOptionable

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Ingredion (NYSE:INGR) Frequently Asked Questions

How has Ingredion's stock been impacted by COVID-19 (Coronavirus)?

Ingredion's stock was trading at $79.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, INGR stock has decreased by 4.1% and is now trading at $76.21. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ingredion?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingredion in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ingredion.

When is Ingredion's next earnings date?

Ingredion is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Ingredion.

How were Ingredion's earnings last quarter?

Ingredion Inc (NYSE:INGR) announced its quarterly earnings data on Tuesday, February, 11th. The company reported $1.61 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.48 by $0.13. The firm earned $1.55 billion during the quarter, compared to analysts' expectations of $1.44 billion. Ingredion had a return on equity of 17.05% and a net margin of 6.91%. The business's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.61 EPS. View Ingredion's earnings history.

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

Ingredion announced a quarterly dividend on Wednesday, March 18th. Investors of record on Wednesday, April 1st will be given a dividend of $0.63 per share on Monday, April 27th. This represents a $2.52 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date is Tuesday, March 31st. View Ingredion's dividend history.

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

Ingredion updated its FY20 earnings guidance on Tuesday, February, 11th. The company provided earnings per share guidance of $6.60-7.20 for the period, compared to the Thomson Reuters consensus estimate of $6.84.

What price target have analysts set for INGR?

5 analysts have issued 1 year price targets for Ingredion's shares. Their forecasts range from $74.00 to $115.00. On average, they expect Ingredion's share price to reach $94.40 in the next twelve months. This suggests a possible upside of 23.9% from the stock's current price. View analysts' price targets for Ingredion.

Has Ingredion been receiving favorable news coverage?

Headlines about INGR stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ingredion earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutIngredion.

Are investors shorting Ingredion?

Ingredion saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 3,050,000 shares, a decline of 17.6% from the February 13th total of 3,700,000 shares. Based on an average trading volume of 584,900 shares, the short-interest ratio is presently 5.2 days. Approximately 4.6% of the shares of the company are sold short. View Ingredion's Current Options Chain.

Who are some of Ingredion's key competitors?

Some companies that are related to Ingredion include Archer Daniels Midland (ADM), Bunge (BG), Darling Ingredients (DAR), Fresh Del Monte Produce (FDP), Alico (ALCO), Limoneira (LMNR) and Griffin Industrial Realty (GRIF).

What other stocks do shareholders of Ingredion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingredion investors own include Walt Disney (DIS), NVIDIA (NVDA), Occidental Petroleum (OXY), Gilead Sciences (GILD), Mastercard (MA), Mcdonald's (MCD), Verizon Communications (VZ), Intel (INTC), Alibaba Group (BABA) and AbbVie (ABBV).

Who are Ingredion's key executives?

Ingredion's management team includes the following people:

Mr. James P. Zallie, Pres, CEO & Director (Age 58)
Mr. James D. Gray, Exec. VP & CFO (Age 52)
Mr. Jorgen Kokke, Exec. VP of Global Specialties & Pres of North America (Age 50)
Mr. Ernesto Peres Pousada Jr., Sr. VP & Pres of South America (Age 50)
Heather Kos, VP of Investor Relations and Corp. Communications

What is Ingredion's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Ingredion's stock price today?

One share of INGR stock can currently be purchased for approximately $76.21.

How big of a company is Ingredion?

Ingredion has a market capitalization of $5.10 billion and generates $6.21 billion in revenue each year. The company earns $413 million in net income (profit) each year or $6.65 on an earnings per share basis. Ingredion employs 11,000 workers across the globe. View additional information about Ingredion.

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]

This page was last updated on 4/3/2020 by MarketBeat.com Staff

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NYSE:INGRIngredion Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

2.1 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.1 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment