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
Stock Exchange NYSE
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 Ratio35.17
Forward P/E Ratio26.23
P/E Growth2.13
Sales & Book Value
Annual Sales$972.40 million
Price / Sales3.93
Cash Flow$3.6726 per share
Price / Cash24.71
Book Value$6.60 per share
Price / Book13.75
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
Market Cap$3,712.34
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) posted its earnings results on Wednesday, May, 2nd. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.63 by $0.16. The firm earned $235.20 million during the quarter, compared to the consensus estimate of $231.76 million. Ingevity had a return on equity of 48.09% and a net margin of 13.96%. The business's quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the company earned $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 brokerages have issued 1 year price objectives for Ingevity's shares. Their predictions range from $80.00 to $102.00. On average, they anticipate Ingevity's stock price to reach $92.6250 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price. View Analyst Ratings for Ingevity.
What is the consensus analysts' recommendation for Ingevity?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingevity in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Ingevity's key competitors?
Some companies that are related to Ingevity include FMC (FMC), Johnson Matthey (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?
News articles about NGVT stock have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ingevity earned a daily sentiment score of 0.14 on Accern's scale. They also gave news coverage about the company an impact score of 45.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Ingevity's major shareholders?
Ingevity's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Copper Rock Capital Partners LLC (0.92%), Assenagon Asset Management S.A. (0.05%), Mitsubishi UFJ Asset Management UK Ltd. (0.05%) and Xact Kapitalforvaltning AB (0.02%). View Institutional Ownership Trends for Ingevity.
Which institutional investors are selling Ingevity stock?
Which institutional investors are buying Ingevity stock?
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 $90.75.
How big of a company is Ingevity?
Ingevity has a market capitalization of $3.71 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 (NYSE 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.
