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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Economic and National Security Threats Create Lithium Bonanza (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Economic and National Security Threats Create Lithium Bonanza (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Economic and National Security Threats Create Lithium Bonanza (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
NYSE:INGR

Ingredion - INGR Stock Forecast, Price & News

$94.47
+0.89 (+0.95%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$92.76
$94.50
50-Day Range
$84.62
$94.47
52-Week Range
$81.25
$101.89
Volume
240,816 shs
Average Volume
264,020 shs
Market Capitalization
$6.19 billion
P/E Ratio
13.93
Dividend Yield
2.78%
Price Target
$107.00

Ingredion MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
13.3% Upside
$107.00 Price Target
Short Interest
Healthy
1.39% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.63
Upright™ Environmental Score
News Sentiment
0.23mentions of Ingredion in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$167,448 Sold Last Quarter
Proj. Earnings Growth
1.67%
From $7.19 to $7.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Consumer Staples Sector

44th out of 150 stocks

Grain Mill Products Industry

1st out of 6 stocks

INGR stock logo

About Ingredion (NYSE:INGR) Stock

Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. It operates through four segments: North America; South America; Asia-Pacific; and Europe, Middle East and Africa. The company offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins, and glucose syrup solids, as well as food-grade and industrial starches, biomaterials, and nutrition ingredients. It also provides 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, as well as fruit and vegetable products, such as concentrates, purees and essences, pulse proteins, and hydrocolloids systems and blends. The company's products are derived primarily from processing corn and other starch-based materials, such as tapioca, potato, and rice. It serves food, beverage, brewing, and animal nutrition industries. 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.

Analyst Upgrades and Downgrades

INGR has been the subject of a number of research analyst reports. StockNews.com cut Ingredion from a "buy" rating to a "hold" rating in a research note on Saturday, May 14th. TheStreet raised Ingredion from a "c+" rating to a "b-" rating in a research note on Tuesday, April 19th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $107.00.

Ingredion Trading Up 1.0 %

NYSE:INGR traded up $0.89 on Monday, reaching $94.47. The company's stock had a trading volume of 240,816 shares, compared to its average volume of 382,696. Ingredion has a 1-year low of $81.25 and a 1-year high of $101.89. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.96 and a current ratio of 1.72. The firm has a market cap of $6.19 billion, a PE ratio of 13.93 and a beta of 0.76. The business's 50-day moving average price is $88.86 and its two-hundred day moving average price is $88.71.

Ingredion (NYSE:INGR - Get Rating) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.18. The company had revenue of $2.04 billion during the quarter, compared to analysts' expectations of $1.92 billion. Ingredion had a return on equity of 14.53% and a net margin of 6.13%. Ingredion's revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.05 earnings per share. Equities research analysts anticipate that Ingredion will post 7.19 earnings per share for the current fiscal year.

Ingredion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 26th. Stockholders of record on Friday, July 1st were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Thursday, June 30th. This represents a $2.60 annualized dividend and a dividend yield of 2.75%. Ingredion's dividend payout ratio is currently 38.35%.

Insider Transactions at Ingredion

In other news, VP Valdirene Bastos-Evans sold 1,958 shares of the company's stock in a transaction dated Friday, June 17th. The stock was sold at an average price of $85.52, for a total transaction of $167,448.16. Following the completion of the transaction, the vice president now directly owns 7,375 shares of the company's stock, valued at $630,710. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.68% of the stock is owned by insiders.

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INGR Stock News Headlines

Form 10-Q Ingredion Inc For: Jun 30 - StreetInsider.com
Form 8-K Ingredion Inc For: Aug 09 - StreetInsider.com
Ingredion Q2 Earnings Top Estimates
See More Headlines
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INGR Company Calendar

Ex-Dividend for 7/26 Dividend
6/30/2022
Dividend Payable
7/26/2022
Last Earnings
8/09/2022
Today
8/16/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Agricultural Products
CUSIP
45718710
Employees
12,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$107.00
High Stock Price Forecast
$115.00
Low Stock Price Forecast
$94.00
Forecasted Upside/Downside
+13.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$117 million
Pretax Margin
8.24%

Debt

Sales & Book Value

Annual Sales
$6.89 billion
Cash Flow
$10.19 per share
Book Value
$46.86 per share

Miscellaneous

Free Float
64,420,000
Market Cap
$6.19 billion
Optionable
Optionable
Beta
0.76

Key Executives














INGR Stock - Frequently Asked Questions

Should I buy or sell Ingredion stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ingredion in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" INGR shares.
View INGR analyst ratings
or view top-rated stocks.

What is Ingredion's stock price forecast for 2022?

3 Wall Street analysts have issued 1 year price objectives for Ingredion's stock. Their INGR share price forecasts range from $94.00 to $115.00. On average, they anticipate the company's share price to reach $107.00 in the next twelve months. This suggests a possible upside of 13.3% from the stock's current price.
View analysts price targets for INGR
or view top-rated stocks among Wall Street analysts.

How have INGR shares performed in 2022?

Ingredion's stock was trading at $96.64 at the beginning of the year. Since then, INGR stock has decreased by 2.2% and is now trading at $94.47.
View the best growth stocks for 2022 here
.

Are investors shorting Ingredion?

Ingredion saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 884,000 shares, an increase of 21.7% from the July 15th total of 726,600 shares. Based on an average daily volume of 348,000 shares, the short-interest ratio is currently 2.5 days. Approximately 1.4% of the company's stock are sold short.
View Ingredion's Short Interest
.

When is Ingredion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our INGR earnings forecast
.

How were Ingredion's earnings last quarter?

Ingredion Incorporated (NYSE:INGR) issued its earnings results on Tuesday, August, 9th. The company reported $2.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.94 by $0.18. The business earned $2.04 billion during the quarter, compared to analysts' expectations of $1.92 billion. Ingredion had a trailing twelve-month return on equity of 14.53% and a net margin of 6.13%. Ingredion's quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.05 EPS.

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

Ingredion announced a quarterly dividend on Friday, May 20th. Investors of record on Friday, July 1st will be paid a dividend of $0.65 per share on Tuesday, July 26th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Thursday, June 30th.
Read our dividend analysis for INGR
.

Is Ingredion a good dividend stock?

Ingredion (NYSE:INGR) pays an annual dividend of $2.60 per share and currently has a dividend yield of 2.78%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INGR will have a dividend payout ratio of 35.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INGR.

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

Ingredion issued an update on its FY 2022 earnings guidance on Tuesday, August, 16th. The company provided earnings per share guidance of $6.90-$7.45 for the period, compared to the consensus EPS estimate of $7.14. The company issued revenue guidance of -.

What is James Zallie's approval rating as Ingredion's CEO?

61 employees have rated Ingredion Chief Executive Officer James Zallie on Glassdoor.com. James Zallie has an approval rating of 69% among the company's employees.

What other stocks do shareholders of Ingredion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingredion investors own include Pfizer (PFE), Walt Disney (DIS), Intel (INTC), NVIDIA (NVDA), Johnson & Johnson (JNJ), Cisco Systems (CSCO), AT&T (T), Verizon Communications (VZ), CVS Health (CVS) and International Business Machines (IBM).

What is Ingredion's stock symbol?

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

Who are Ingredion's major shareholders?

Ingredion's stock is owned by many different retail and institutional investors. Top institutional shareholders include Yacktman Asset Management LP (3.57%), State Street Corp (3.56%), Macquarie Group Ltd. (2.46%), Massachusetts Financial Services Co. MA (2.19%), Cooke & Bieler LP (1.80%) and FMR LLC (1.81%). Insiders that own company stock include David Eric Seip, Elizabeth Adefioye, James D Gray, James P Zallie, Jinghuai Xu, Jorgen Kokke, Larry Fernandes, Stephan B Tanda, Stephen K Latreille, Valdirene Bastos-Evans, Valdirene Bastos-Licht and Y Landazuri Pierre Perez.
View institutional ownership trends
.

How do I buy shares of Ingredion?

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

What is Ingredion's stock price today?

One share of INGR stock can currently be purchased for approximately $94.47.

How much money does Ingredion make?

Ingredion (NYSE:INGR) has a market capitalization of $6.19 billion and generates $6.89 billion in revenue each year. The company earns $117 million in net income (profit) each year or $6.78 on an earnings per share basis.

How many employees does Ingredion have?

The company employs 12,000 workers across the globe.

How can I contact Ingredion?

Ingredion's mailing address is 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL, 60154. The official website for the company is www.ingredion.com. The company can be reached via phone at (708) 551-2600, via email at investor.relations@ingredion.com, or via fax at 708-551-2700.

This page (NYSE:INGR) was last updated on 8/16/2022 by MarketBeat.com Staff

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