About Ingevity Corporation (NYSE:NGVT)
Ingevity Corporation is a manufacturer of specialty chemicals and high performance carbon materials. The Company is also a manufacturer of activated carbon used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Company operates through two segments: Performance Materials and Performance Chemicals. The Performance Materials segment primarily produces automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Performance Chemicals segment develops, manufactures and sells a range of specialty chemicals primarily derived from co-products of the Kraft pulping process. Its products are used in a range of applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks and automotive components that reduce gasoline vapor emissions.
Industry, Sector and Symbol:
- Industry: Commodity Chemicals
- Sub-Industry: N/A
- Sector: Commodity Chemicals - NEC
- Symbol: NYSE:NGVT
- Previous Symbol: NASDAQ:NGVT
- CUSIP: N/A
- Web: www.ingevity.com
- Debt-to-Equity Ratio: 1.92%
- Current Ratio: 2.36%
- Quick Ratio: 1.34%
Sales & Book Value:
- Trailing P/E Ratio: 30.44
- Forward P/E Ratio: 29.45
- P/E Growth: 2.51
- Annual Sales: $908.3 million
- Price / Sales: 3.40
- Cash Flow: $2.94 per share
- Price / Cash: 24.97
- Book Value: $5.55 per share
- Price / Book: 13.21
- Trailing EPS: $2.24
- Net Income: $35.2 million
- Net Margins: 9.86%
- Return on Equity: 58.14%
- Return on Assets: 12.09%
- Employees: 1,500
- Outstanding Shares: 42,120,000
Frequently Asked Questions for Ingevity Corporation (NYSE:NGVT)
What is Ingevity Corporation's stock symbol?
Ingevity Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NGVT."
How were Ingevity Corporation's earnings last quarter?
Ingevity Corporation (NYSE:NGVT) issued its quarterly earnings data on Wednesday, November, 1st. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. The firm earned $264.10 million during the quarter, compared to the consensus estimate of $260.88 million. Ingevity Corporation had a net margin of 9.86% and a return on equity of 58.14%. The company's quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.64 earnings per share. View Ingevity Corporation's Earnings History.
When will Ingevity Corporation make its next earnings announcement?
Where is Ingevity Corporation's stock going? Where will Ingevity Corporation's stock price be in 2017?
5 Wall Street analysts have issued 12 month price targets for Ingevity Corporation's stock. Their forecasts range from $60.00 to $84.00. On average, they expect Ingevity Corporation's stock price to reach $73.20 in the next twelve months. View Analyst Ratings for Ingevity Corporation.
What are Wall Street analysts saying about Ingevity Corporation stock?
Here are some recent quotes from research analysts about Ingevity Corporation stock:
- 1. According to Zacks Investment Research, "Ingevity Corporation provides specialty chemicals, carbon materials and technologies. The Company's operating segments consists of Performance Materials and Performance Chemicals. Performance Chemicals segment products consists of asphalt paving, adhesives, agrochemical dispersants, printing inks, lubricants, petroleum and other diverse industries. Performance Materials segment engineers, manufactures and sells wood-based chemically activated carbon products. Ingevity Corporation is based in North Charleston, SC. " (10/4/2017)
- 2. Jefferies Group LLC analysts commented, "The introduction of a tighter fuel vapor emission standard by the European Union, and the likely tightening of standards in China, should accelerate activated carbon in 2019-2020. Near-term, the US shift to a near-zero standard will support Performance Materials revenue. Industrial specialties pricing remains weak, but a rebound in energy sales and strength in pavement technologies should support Performance Chemicals sales. Q4 results: Q4 EPS of $0.34 was $0.04 above consensus but $0.02 below our projections." (2/25/2017)
Who are some of Ingevity Corporation's key competitors?
Some companies that are related to Ingevity Corporation include NewMarket Corporation (NEU), Methanex Corporation (MEOH), Quaker Chemical Corporation (KWR), Taminco Corp (TAM), A. Schulman (SHLM), Calgon Carbon Corporation (CCC), Innophos Holdings (IPHS), Westlake Chemical Partners LP (WLKP), UFP Technologies (UFPT), Zotefoams plc (ZTF), Verenium Corp (VRNM), Applied Graphene Materials plc (AGM) and PetroLogistics LP (PDH).
Who are Ingevity Corporation's key executives?
Ingevity Corporation's management team includes the folowing people:
- Richard B. Kelson, Independent Chairman of the Board (Age 70)
- D. Michael Wilson, President, Chief Executive Officer, Director (Age 54)
- John C. Fortson, Chief Financial Officer, Executive Vice President, Treasurer (Age 49)
- Katherine Pryor Burgeson J.D., Executive Vice President, General Counsel, Secretary (Age 59)
- Michael P, Smith, Executive Vice President and President, Performance Chemicals, Strategy and Business Development (Age 56)
- S. Edward Woodcock Jr., Senior Vice President and President of Performance Materials (Age 51)
- Dan Gallagher, Vice President, Financial Planning & Analysis and Investor Relations
- Jean S. Blackwell, Independent Director (Age 62)
- Luis Fernandez-Moreno, Independent Director (Age 54)
- J. Michael Fitzpatrick, Independent Director (Age 70)
Who owns Ingevity Corporation stock?
Ingevity Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Channing Capital Management LLC (2.21%), Bank of New York Mellon Corp (1.62%), Cortina Asset Management LLC (1.15%), American Century Companies Inc. (1.04%), Dimensional Fund Advisors LP (0.98%) and Wells Fargo & Company MN (0.86%). View Institutional Ownership Trends for Ingevity Corporation.
Who sold Ingevity Corporation stock? Who is selling Ingevity Corporation stock?
Ingevity Corporation's stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., DSAM Partners London Ltd, Mesirow Financial Investment Management Equity Management, Axiom International Investors LLC DE, California State Teachers Retirement System, Cortina Asset Management LLC, Boothbay Fund Management LLC and Strs Ohio. View Insider Buying and Selling for Ingevity Corporation.
Who bought Ingevity Corporation stock? Who is buying Ingevity Corporation stock?
Ingevity Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Patten Group Inc., Prudential Financial Inc., Rice Hall James & Associates LLC, Segall Bryant & Hamill LLC, ClariVest Asset Management LLC, Convergence Investment Partners LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Ingevity Corporation.
How do I buy Ingevity Corporation stock?
Shares of Ingevity Corporation 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 Ingevity Corporation's stock price today?
One share of Ingevity Corporation stock can currently be purchased for approximately $73.32.
How big of a company is Ingevity Corporation?
Ingevity Corporation has a market capitalization of $3.03 billion and generates $908.3 million in revenue each year. The company earns $35.2 million in net income (profit) each year or $2.24 on an earnings per share basis. Ingevity Corporation employs 1,500 workers across the globe.
How can I contact Ingevity Corporation?
Ingevity Corporation's mailing address is 5255 Virginia Ave, NORTH CHARLESTON, SC 29406-3615, United States. The company can be reached via phone at +1-843-7402300 or via email at [email protected]
MarketBeat Community Rating for Ingevity Corporation (NYSE NGVT)MarketBeat's community ratings are surveys of what our community members think about Ingevity Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Ingevity Corporation (NYSE:NGVT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 5 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$73.20 (0.16% downside)|
Consensus Price Target History for Ingevity Corporation (NYSE:NGVT)
Analysts' Ratings History for Ingevity Corporation (NYSE:NGVT)
(Data available from 11/18/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/14/2017||Loop Capital||Reiterated Rating||Buy||$76.00 -> $80.00||N/A|
|11/3/2017||Jefferies Group LLC||Boost Price Target||Buy||$71.00 -> $84.00||N/A|
|10/5/2017||KeyCorp||Reiterated Rating||Buy||$70.00 -> $75.00||N/A|
|12/15/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$50.00 -> $60.00||N/A|
|9/23/2016||Buckingham Research||Initiated Coverage||Neutral||N/A|
|8/6/2016||SunTrust Banks, Inc.||Reiterated Rating||Buy||N/A|
|6/10/2016||BB&T Corporation||Initiated Coverage||Buy||$44.00||N/A|
Earnings History and Estimates Chart for Ingevity Corporation (NYSE:NGVT)
Earnings History by Quarter for Ingevity Corporation (NYSE NGVT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/28/2018|| || || || || || || || |
|11/1/2017||Q3 2017||$0.75||$0.86||$260.88 million||$264.10 million||View||N/A|
|8/2/2017||Q2 2017||$0.70||$0.78||$259.56 million||$260.30 million||View||N/A|
|5/3/2017||Q1 2017||$0.47||$0.49||$206.90 million||$218.50 million||View||Listen|
|2/22/2017||Q416||$0.30||$0.34||$201.96 million||$210.90 million||View||N/A|
|11/2/2016||Q316||$0.61||$0.64||$247.60 million||$252.00 million||View||N/A|
|8/3/2016||Q216||$0.49||$0.66||$246.70 million||$248.70 million||View||N/A|
Earnings Estimates for Ingevity Corporation (NYSE:NGVT)
Current Year EPS Consensus Estimate: $2.49 EPS
Next Year EPS Consensus Estimate: $2.9 EPS
Dividend History for Ingevity Corporation (NYSE:NGVT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Ingevity Corporation (NYSE NGVT)
Insider Ownership Percentage: 0.06%
Institutional Ownership Percentage: 90.81%
Insider Trades by Quarter for Ingevity Corporation (NYSE NGVT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/15/2017||Jean S Blackwell||Director||Buy||1,500||$58.38||$87,570.00|| |
Headline Trends for Ingevity Corporation (NYSE:NGVT)
Latest Headlines for Ingevity Corporation (NYSE NGVT)
Ingevity Corporation (NYSE NGVT) Chart for Saturday, November, 18, 2017