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NYSE:NGVT

Ingevity (NGVT) Stock Price, News & Analysis

$45.96
+0.32 (+0.70%)
(As of 06/12/2024 ET)
Today's Range
$45.83
$47.71
50-Day Range
$43.50
$55.12
52-Week Range
$36.66
$66.18
Volume
261,431 shs
Average Volume
231,388 shs
Market Capitalization
$1.67 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$55.00

Ingevity MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
19.7% Upside
$55.00 Price Target
Short Interest
Healthy
2.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.09mentions of Ingevity in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
41.53%
From $3.78 to $5.35 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.71 out of 5 stars

Basic Materials Sector

138th out of 173 stocks

Chemicals & Allied Products Industry

11th out of 14 stocks

NGVT stock logo

About Ingevity Stock (NYSE:NGVT)

Ingevity Corporation manufactures and sells activated carbon products, derivative specialty chemicals, and engineered polymers in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. It operates through three segments: Performance Materials, Performance Chemicals, and Advanced Polymer Technologies. The Performance Materials segment engineers, manufactures, and sells hardwood-based and chemically activated carbon products for use in gasoline vapor emission control systems in cars, motorcycles, trucks, and boats. This segment also produces other activated carbon products for food, water, beverage, and chemical purification applications. The Performance Chemicals segment consists of road technologies and industrial specialties. This segment's products are used in pavement construction, pavement preservation, pavement reconstruction and recycling, road markings, agrochemical dispersants, paper chemicals, and other industrial uses. The Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers for use in coatings, resins, elastomers, adhesives, bioplastics, and medical devices. It serves automotive parts and components manufacturers through sales representatives and distributors. The company was formerly known as WestRock Company, Specialty Chemicals Business and changed its name to Ingevity Corporation in September 2015. Ingevity Corporation was founded in 1964 and is headquartered in North Charleston, South Carolina.

NGVT Stock Price History

NGVT Stock News Headlines

Stifel Nicolaus Reaffirms Their Buy Rating on Ingevity (NGVT)
Jefferies Upgrades Ingevity (NGVT)
Ingevity Corporation (NGVT)
Ingevity (NYSE: NGVT)
NGVT Jun 2024 50.000 call
NGVT Apr 2024 45.000 call
Ingevity price target raised by $7 at Wells Fargo, here's why
Ingevity: Hold Rating Amidst Transition and Macroeconomic Uncertainties
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
6/12/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Chemicals & allied products
Sub-Industry
N/A
Previous Symbol
NASDAQ:NGVT
Employees
1,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$55.00
High Stock Price Target
$62.00
Low Stock Price Target
$49.00
Potential Upside/Downside
+19.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Pretax Margin
-8.91%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$7.31 per share
Book Value
$17.43 per share

Miscellaneous

Free Float
35,929,000
Market Cap
$1.67 billion
Optionable
Optionable
Beta
1.72
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Key Executives

  • Mr. John C. Fortson (Age 57)
    President, CEO & Director
    Comp: $1.29M
  • Ms. Mary Dean Hall (Age 66)
    Executive VP & CFO
    Comp: $658.77k
  • Ms. Stacy Lancaster Cozad (Age 53)
    Executive VP, General Counsel & Secretary
    Comp: $615.75k
  • Mr. Stuart Edward Woodcock Jr.Mr. Stuart Edward Woodcock Jr. (Age 58)
    Executive VP & President of Performance Materials
    Comp: $823.8k
  • Mr. Richard A. White Jr. (Age 61)
    Senior VP & President of Performance Chemicals
    Comp: $575.57k
  • Mr. Phillip John Platt (Age 43)
    VP, Chief Accounting Officer & Business Transformation Lead
  • John E. Nypaver Jr.
    VP of Investor Relations & Treasurer
  • Caroline Monahan
    Director of Communications
  • Mr. Steven P. Hulme (Age 55)
    Senior VP & President of Advanced Polymer Technologies

NGVT Stock Analysis - Frequently Asked Questions

Should I buy or sell Ingevity stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingevity in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NGVT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NGVT, but not buy additional shares or sell existing shares.
View NGVT analyst ratings
or view top-rated stocks.

What is Ingevity's stock price target for 2024?

6 brokerages have issued 12-month price objectives for Ingevity's shares. Their NGVT share price targets range from $49.00 to $62.00. On average, they predict the company's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price.
View analysts price targets for NGVT
or view top-rated stocks among Wall Street analysts.

How have NGVT shares performed in 2024?

Ingevity's stock was trading at $47.22 at the beginning of the year. Since then, NGVT shares have decreased by 2.7% and is now trading at $45.96.
View the best growth stocks for 2024 here
.

When is Ingevity's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our NGVT earnings forecast
.

How were Ingevity's earnings last quarter?

Ingevity Co. (NYSE:NGVT) released its earnings results on Wednesday, May, 1st. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.15. The firm had revenue of $340.10 million for the quarter, compared to the consensus estimate of $319.15 million. Ingevity had a negative net margin of 6.84% and a positive trailing twelve-month return on equity of 18.65%. The firm's revenue for the quarter was down 13.4% compared to the same quarter last year. During the same period last year, the company earned $1.09 EPS.

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

Ingevity updated its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.4 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion.

What is John Fortson's approval rating as Ingevity's CEO?

2 employees have rated Ingevity Chief Executive Officer John Fortson on Glassdoor.com. John Fortson has an approval rating of 100% among the company's employees. This puts John Fortson in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ingevity own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingevity investors own include Pfizer (PFE), AbbVie (ABBV), General Electric (GE), Verizon Communications (VZ), WestRock (WRK), Abbott Laboratories (ABT), Boeing (BA), Costco Wholesale (COST), Dominion Energy (D) and Johnson & Johnson (JNJ).

Who are Ingevity's major shareholders?

Ingevity's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.51%), Inclusive Capital Partners L.P. (3.17%), LSV Asset Management (2.46%), Rice Hall James & Associates LLC (1.07%), Leeward Investments LLC MA (0.78%) and Patten & Patten Inc. TN (0.53%). Insiders that own company stock include Erik Spencer Ripple, Phillip John Platt, Richard Allen White Jr and Stuart Edward Jr Woodcock.
View institutional ownership trends
.

How do I buy shares of Ingevity?

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

This page (NYSE:NGVT) was last updated on 6/12/2024 by MarketBeat.com Staff

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