Ingevity Corporation manufactures and sells specialty chemicals and carbon materials in the United States and internationally. The company operates through two segments, Performance Materials and Performance Chemicals. The Performance Materials segment engineers, manufactures, and sells wood-based chemically activated carbon products primarily for gasoline vapor emission control systems. This segment also produces other activated carbon products for use in various applications, including food, water, beverage, and chemical purification. The Performance Chemicals segment develops, manufactures, and sells a range of specialty chemicals derived from co-products of the Kraft pulping process. This segment's products are used in various applications comprising asphalt paving, oilfield exploration and production, printing inks, adhesives, agrochemical dispersants, lubricants, and other diverse industries. Ingevity Corporation was incorporated in 2015 and is headquartered in North Charleston, South Carolina.
Industry, Sector and Symbol
Industry Chemicals & allied products
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:NGVT
CUSIPN/A
Phone843-740-2300
Debt
Debt-to-Equity Ratio2.34
Current Ratio2.67
Quick Ratio1.39
Price-To-Earnings
Trailing P/E Ratio32.07
Forward P/E Ratio23.44
P/E Growth2
Sales & Book Value
Annual Sales$972.40 million
Price / Sales3.51
Cash Flow$3.4847 per share
Price / Cash23.27
Book Value$6.60 per share
Price / Book12.29
Profitability
EPS (Most Recent Fiscal Year)$2.58
Net Income$126.50 million
Net Margins13.96%
Return on Equity48.09%
Return on Assets12.37%
Miscellaneous
Employees1,500
Outstanding Shares42,090,000
Ingevity (NYSE:NGVT) Frequently Asked Questions
What is Ingevity's stock symbol?
Ingevity trades on the New York Stock Exchange (NYSE) under the ticker symbol "NGVT."
How were Ingevity's earnings last quarter?
Ingevity Corp (NYSE:NGVT) announced its quarterly earnings results on Wednesday, May, 2nd. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.16. The firm earned $235.20 million during the quarter, compared to analyst estimates of $231.76 million. Ingevity had a net margin of 13.96% and a return on equity of 48.09%. The business's revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.49 earnings per share. View Ingevity's Earnings History.
When is Ingevity's next earnings date?
What price target have analysts set for NGVT?
8 equities research analysts have issued 1-year price objectives for Ingevity's shares. Their forecasts range from $67.00 to $92.00. On average, they anticipate Ingevity's stock price to reach $86.3750 in the next year. View Analyst Ratings for Ingevity.
Who are some of Ingevity's key competitors?
Some companies that are related to Ingevity include FMC (FMC), JOHNSON MATTHEY/S (JMPLY), Chemours (CC), Huntsman (HUN), Ashland Global (ASH), W. R. Grace & Co (GRA), Olin (OLN), Univar (UNVR), Balchem (BCPC), PQ Group (PQG), GCP Applied Technologies (GCP), Innospec (IOSP), KMG Chemicals (KMG), OCI Partners (OCIP) and Innophos (IPHS).
Who are Ingevity's key executives?
Ingevity's management team includes the folowing people:
- Mr. D. Michael Wilson, Pres, CEO & Director (Age 55)
- Mr. John C. Fortson, Exec. VP, CFO & Treasurer (Age 51)
- Ms. Katherine Pryor Burgeson, Exec. VP, Gen. Counsel & Sec. (Age 60)
- Mr. Stuart Edward Woodcock Jr., Exec. VP & Pres of Performance Materials (Age 52)
- Mr. Michael P. Smith, Exec. VP and Pres of Performance Chemicals, Strategy & Bus. Devel. (Age 57)
Has Ingevity been receiving favorable news coverage?
Media coverage about NGVT stock has been trending somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ingevity earned a news sentiment score of 0.22 on Accern's scale. They also gave news coverage about the company an impact score of 43.66 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Ingevity's major shareholders?
Ingevity's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.20%), Franklin Resources Inc. (4.09%), Chilton Investment Co. LLC (2.27%), Silvercrest Asset Management Group LLC (2.22%), Massachusetts Financial Services Co. MA (2.05%) and Loomis Sayles & Co. L P (1.78%). View Institutional Ownership Trends for Ingevity.
Which major investors are selling Ingevity stock?
NGVT stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Royal Bank of Canada, Millennium Management LLC, Silvercrest Asset Management Group LLC, Wells Fargo & Company MN, Loomis Sayles & Co. L P, Chilton Investment Co. LLC and Mesirow Financial Investment Management Equity Management. View Insider Buying and Selling for Ingevity.
Which major investors are buying Ingevity stock?
NGVT stock was bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Palisade Capital Management LLC NJ, BlackRock Inc., Prudential Financial Inc., Dimensional Fund Advisors LP, OppenheimerFunds Inc., Natixis Advisors L.P. and Old Mutual Global Investors UK Ltd.. View Insider Buying and Selling for Ingevity.
How do I buy shares of Ingevity?
Shares of NGVT 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's stock price today?
One share of NGVT stock can currently be purchased for approximately $81.09.
How big of a company is Ingevity?
Ingevity has a market capitalization of $3.50 billion and generates $972.40 million in revenue each year. The company earns $126.50 million in net income (profit) each year or $2.58 on an earnings per share basis. Ingevity employs 1,500 workers across the globe.
How can I contact Ingevity?
Ingevity's mailing address is 5255 VIRGINIA AVENUE, NORTH CHARLESTON SC, 29406. The company can be reached via phone at 843-740-2300 or via email at [email protected]
MarketBeat Community Rating for Ingevity (NGVT)
MarketBeat's community ratings are surveys of what our community members think about Ingevity and other stocks. Vote "Outperform" if you believe NGVT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NGVT will underperform the S&P 500 over the long term. You may vote once every thirty days.
