Ingevity Corporation Stock Price, News & Analysis (NYSE:NGVT)

$73.32 -1.40 (-1.87 %)
(As of 11/17/2017 04:00 PM ET)
Previous Close$73.32
Today's Range$73.32 - $74.64
52-Week Range$48.74 - $76.00
Volume200,674 shs
Average Volume210,364 shs
Market Capitalization$3.03 billion
P/E Ratio30.44
Dividend YieldN/A
BetaN/A

About Ingevity Corporation (NYSE:NGVT)

Ingevity Corporation logoIngevity 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:
  • Debt-to-Equity Ratio: 1.92%
  • Current Ratio: 2.36%
  • Quick Ratio: 1.34%
Price-To-Earnings:
  • Trailing P/E Ratio: 30.44
  • Forward P/E Ratio: 29.45
  • P/E Growth: 2.51
Sales & Book Value:
  • 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
Profitability:
  • Trailing EPS: $2.24
  • Net Income: $35.2 million
  • Net Margins: 9.86%
  • Return on Equity: 58.14%
  • Return on Assets: 12.09%
Misc:
  • 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) released its quarterly earnings results on Wednesday, November, 1st. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.11. The business earned $264.10 million during the quarter, compared to analysts' expectations of $260.88 million. Ingevity Corporation had a return on equity of 58.14% and a net margin of 9.86%. The firm's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 EPS. View Ingevity Corporation's Earnings History.

When will Ingevity Corporation make its next earnings announcement?

Ingevity Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, February, 28th 2018. View Earnings Estimates for Ingevity Corporation.

Where is Ingevity Corporation's stock going? Where will Ingevity Corporation's stock price be in 2017?

5 brokers have issued 1 year price targets for Ingevity Corporation's shares. Their predictions range from $60.00 to $84.00. On average, they expect Ingevity Corporation's share price to reach $73.20 in the next year. 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?

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 many different of institutional and retail investors. Top institutional investors 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 bought 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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  95 (Vote Outperform)
Underperform Votes:  82 (Vote Underperform)
Total Votes:  177
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.

Analyst Ratings

Analysts' Consensus Rating for Ingevity Corporation (NYSE:NGVT)

  (How are Consensus Ratings Calculated?)
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)

Price Target History for Ingevity Corporation (NYSE:NGVT)

Analysts' Ratings History for Ingevity Corporation (NYSE:NGVT)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/14/2017Loop CapitalReiterated RatingBuy$76.00 -> $80.00N/AView Rating Details
11/3/2017Jefferies Group LLCBoost Price TargetBuy$71.00 -> $84.00N/AView Rating Details
10/5/2017KeyCorpReiterated RatingBuy$70.00 -> $75.00N/AView Rating Details
7/4/2017AegisReiterated RatingBuy$67.00LowView Rating Details
12/15/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$50.00 -> $60.00N/AView Rating Details
9/23/2016Buckingham ResearchInitiated CoverageNeutralN/AView Rating Details
8/6/2016SunTrust Banks, Inc.Reiterated RatingBuyN/AView Rating Details
6/10/2016BB&T CorporationInitiated CoverageBuy$44.00N/AView Rating Details
(Data available from 11/18/2015 forward)

Earnings

Earnings History and Estimates Chart for Ingevity Corporation (NYSE:NGVT)

Earnings by Quarter for Ingevity Corporation (NYSE:NGVT)

Earnings History by Quarter for Ingevity Corporation (NYSE NGVT)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2018        
11/1/2017Q3 2017$0.75$0.86$260.88 million$264.10 millionViewN/AView Earnings Details
8/2/2017Q2 2017$0.70$0.78$259.56 million$260.30 millionViewN/AView Earnings Details
5/3/2017Q1 2017$0.47$0.49$206.90 million$218.50 millionViewListenView Earnings Details
2/22/2017Q416$0.30$0.34$201.96 million$210.90 millionViewN/AView Earnings Details
11/2/2016Q316$0.61$0.64$247.60 million$252.00 millionViewN/AView Earnings Details
8/3/2016Q216$0.49$0.66$246.70 million$248.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ingevity Corporation (NYSE:NGVT)
Current Year EPS Consensus Estimate: $2.49 EPS
Next Year EPS Consensus Estimate: $2.9 EPS

Dividends

Dividend History for Ingevity Corporation (NYSE:NGVT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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)
Institutional Ownership by Quarter for Ingevity Corporation (NYSE:NGVT)

Insider Trades by Quarter for Ingevity Corporation (NYSE NGVT)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/15/2017Jean S BlackwellDirectorBuy1,500$58.38$87,570.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ingevity Corporation (NYSE:NGVT)

Latest Headlines for Ingevity Corporation (NYSE NGVT)

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Financials

Chart

Ingevity Corporation (NYSE NGVT) Chart for Saturday, November, 18, 2017
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This page was last updated on 11/18/2017 by MarketBeat.com Staff

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