NYSE:NGVT - Ingevity Stock Price, Price Target & More

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$79.63 -1.24 (-1.53 %)
(As of 05/23/2018 04:00 PM ET)
Previous Close$80.87
Today's Range$79.35 - $80.67
52-Week Range$53.62 - $84.87
Volume124,600 shs
Average Volume228,373 shs
Market Capitalization$3.51 billion
P/E Ratio30.86
Dividend YieldN/A
Beta1.04

About Ingevity (NYSE:NGVT)

Ingevity logoIngevity 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.

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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 Ratio30.86
Forward P/E Ratio23.15
P/E Growth2.02

Sales & Book Value

Annual Sales$972.40 million
Price / Sales3.45
Cash Flow$3.4074 per share
Price / Cash23.37
Book Value$7.44 per share
Price / Book10.70

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 (NYSE:NGVT) posted its quarterly earnings data on Wednesday, May, 2nd. The company reported $0.79 EPS for the quarter, beating the Zacks' consensus estimate of $0.63 by $0.16. The business earned $235.20 million during the quarter, compared to analysts' expectations of $231.76 million. Ingevity had a return on equity of 48.09% and a net margin of 13.96%. The business's revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 earnings per share. View Ingevity's Earnings History.

When is Ingevity's next earnings date?

Ingevity is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Ingevity.

What price target have analysts set for NGVT?

8 brokers have issued 12 month price objectives for Ingevity's stock. Their predictions range from $67.00 to $92.00. On average, they expect Ingevity's share price to reach $86.3750 in the next year. View Analyst Ratings for Ingevity.

Who are some of Ingevity's key competitors?

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 coverage about NGVT stock has trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ingevity earned a coverage optimism score of 0.22 on Accern's scale. They also gave news articles about the company an impact score of 47.88 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate 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 institutional 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 institutional 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 $79.63.

How big of a company is Ingevity?

Ingevity has a market capitalization of $3.51 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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  141 (Vote Outperform)
Underperform Votes:  128 (Vote Underperform)
Total Votes:  269
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.

Analyst Ratings

Ingevity (NYSE:NGVT) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
8 Wall Street analysts have issued ratings and price targets for Ingevity in the last 12 months. Their average twelve-month price target is $86.3750, suggesting that the stock has a possible upside of 8.47%. The high price target for NGVT is $92.00 and the low price target for NGVT is $67.00. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.882.863.003.00
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $86.3750$85.7143$79.20$73.20
Price Target Upside: 8.47% upside10.56% upside11.63% upside1.97% downside

Ingevity (NYSE:NGVT) Consensus Price Target History

Price Target History for Ingevity (NYSE:NGVT)

Ingevity (NYSE:NGVT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/9/2018OppenheimerReiterated RatingBuyLowView Rating Details
5/4/2018KeyCorpBoost Price TargetOverweight ➝ Overweight$89.00 ➝ $90.00HighView Rating Details
3/8/2018Buckingham ResearchUpgradeNeutral ➝ Buy$64.00 ➝ $92.00HighView Rating Details
3/8/2018Jefferies GroupBoost Price TargetBuy$92.00HighView Rating Details
2/27/2018Loop CapitalDowngradeBuy ➝ Hold$80.00HighView Rating Details
2/23/2018SunTrust BanksReiterated RatingBuy$90.00LowView Rating Details
11/30/2017RoweReiterated RatingOutperform$80.00 ➝ $90.00MediumView Rating Details
7/4/2017AegisReiterated RatingBuy$67.00LowView Rating Details
6/10/2016BB&TInitiated CoverageBuy$44.00N/AView Rating Details
(Data available from 5/23/2016 forward)

Earnings

Ingevity (NYSE:NGVT) Earnings History and Estimates Chart

Earnings by Quarter for Ingevity (NYSE:NGVT)

Ingevity (NYSE:NGVT) Earnings Estimates

2018 EPS Consensus Estimate: $3.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20183$0.65$0.87$0.73
Q2 20182$0.94$1.05$1.00
Q3 20183$1.01$1.09$1.05
Q4 20182$0.53$0.54$0.54

Ingevity (NYSE NGVT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2018        
5/2/2018Q1 2018$0.63$0.79$231.76 million$235.20 millionViewN/AView Earnings Details
2/20/2018Q4 2017$0.36$0.45$214.94 million$229.50 millionViewListenView Earnings Details
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$0.4740$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
5/31/2016Q1 2016$0.19$203.90 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Ingevity (NYSE:NGVT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Ingevity (NYSE NGVT) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 0.18%
Institutional Ownership Percentage: 90.79%
Insider Trading History for Ingevity (NYSE:NGVT)
Institutional Ownership by Quarter for Ingevity (NYSE:NGVT)

Ingevity (NYSE NGVT) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/15/2017Jean S BlackwellDirectorBuy1,500$58.38$87,570.004,711View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Ingevity (NYSE NGVT) News Headlines

Source:
DateHeadline
BRIEF-Ingevity To Increase Carbon Activation Capacity In Covington, VirginiaBRIEF-Ingevity To Increase Carbon Activation Capacity In Covington, Virginia
www.reuters.com - May 16 at 5:14 PM
Ingevity to increase carbon activation capacity in Covington, VirginiaIngevity to increase carbon activation capacity in Covington, Virginia
finance.yahoo.com - May 16 at 5:14 PM
Ingevity (NGVT) Receives Average Rating of "Buy" from BrokeragesIngevity (NGVT) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 16 at 1:23 AM
Zacks: Brokerages Expect Ingevity (NGVT) Will Announce Quarterly Sales of $308.15 MillionZacks: Brokerages Expect Ingevity (NGVT) Will Announce Quarterly Sales of $308.15 Million
www.americanbankingnews.com - May 13 at 3:46 AM
Ingevity (NGVT) Presents At Goldman Sachs Third Annual Leveraged Finance Conference 2018 - SlideshowIngevity (NGVT) Presents At Goldman Sachs Third Annual Leveraged Finance Conference 2018 - Slideshow
seekingalpha.com - May 11 at 5:27 PM
Zacks: Brokerages Expect Ingevity (NGVT) Will Post Earnings of $0.98 Per ShareZacks: Brokerages Expect Ingevity (NGVT) Will Post Earnings of $0.98 Per Share
www.americanbankingnews.com - May 11 at 4:29 PM
Ingevity (NGVT) Stock Rating Upgraded by Zacks Investment ResearchIngevity (NGVT) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 10 at 11:01 AM
Oppenheimer Reaffirms "Buy" Rating for Ingevity (NGVT)Oppenheimer Reaffirms "Buy" Rating for Ingevity (NGVT)
www.americanbankingnews.com - May 9 at 6:23 PM
Ingevity (NGVT) Presents At 2018 Wells Fargo Securities Industrials Conference - SlideshowIngevity (NGVT) Presents At 2018 Wells Fargo Securities Industrials Conference - Slideshow
seekingalpha.com - May 8 at 5:14 PM
Ingevity’s Michael Wilson to present at Goldman Sachs Third Annual Leveraged Finance Conference on May 10, 2018Ingevity’s Michael Wilson to present at Goldman Sachs Third Annual Leveraged Finance Conference on May 10, 2018
finance.yahoo.com - May 7 at 5:18 PM
Research Analysts Offer Predictions for Ingevitys FY2018 Earnings (NGVT)Research Analysts Offer Predictions for Ingevity's FY2018 Earnings (NGVT)
www.americanbankingnews.com - May 7 at 3:44 AM
Equities Analysts Issue Forecasts for Ingevitys Q3 2018 Earnings (NGVT)Equities Analysts Issue Forecasts for Ingevity's Q3 2018 Earnings (NGVT)
www.americanbankingnews.com - May 7 at 3:06 AM
SunTrust Banks Equities Analysts Decrease Earnings Estimates for Ingevity (NGVT)SunTrust Banks Equities Analysts Decrease Earnings Estimates for Ingevity (NGVT)
www.americanbankingnews.com - May 7 at 1:54 AM
Oppenheimer Equities Analysts Lower Earnings Estimates for Ingevity (NGVT)Oppenheimer Equities Analysts Lower Earnings Estimates for Ingevity (NGVT)
www.americanbankingnews.com - May 7 at 1:54 AM
Ingevitys (NGVT) CEO Michael Wilson on Q1 2018 Results - Earnings Call TranscriptIngevity's (NGVT) CEO Michael Wilson on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 8:51 AM
Ingevity (NGVT) Price Target Raised to $90.00 at KeyCorpIngevity (NGVT) Price Target Raised to $90.00 at KeyCorp
www.americanbankingnews.com - May 5 at 2:46 AM
Ingevity’s Michael Wilson to present at Oppenheimer 13th Annual Industrial Growth Conference on May 9, 2018Ingevity’s Michael Wilson to present at Oppenheimer 13th Annual Industrial Growth Conference on May 9, 2018
finance.yahoo.com - May 4 at 5:08 PM
Edited Transcript of NGVT earnings conference call or presentation 3-May-18 2:00pm GMTEdited Transcript of NGVT earnings conference call or presentation 3-May-18 2:00pm GMT
finance.yahoo.com - May 4 at 8:38 AM
Ingevity (NGVT) Given a $90.00 Price Target by Oppenheimer AnalystsIngevity (NGVT) Given a $90.00 Price Target by Oppenheimer Analysts
www.americanbankingnews.com - May 3 at 12:52 PM
Ingevity (NGVT) Announces  Earnings ResultsIngevity (NGVT) Announces Earnings Results
www.americanbankingnews.com - May 2 at 7:15 PM
BRIEF-Ingevity Q1 Earnings Per Share $0.72BRIEF-Ingevity Q1 Earnings Per Share $0.72
www.reuters.com - May 2 at 5:15 PM
Ingevity reports first quarter 2018 financial resultsIngevity reports first quarter 2018 financial results
finance.yahoo.com - May 2 at 5:15 PM
TheStreet Upgrades Ingevity (NGVT) to "B-"TheStreet Upgrades Ingevity (NGVT) to "B-"
www.americanbankingnews.com - May 2 at 8:28 AM
New Research: Key Drivers of Growth for BlackRock, Vuzix, Benchmark Electronics, Ingevity, American Woodmark, and BancorpSouth Bank — Factors of Influence, Major Initiatives and Sustained ProductionNew Research: Key Drivers of Growth for BlackRock, Vuzix, Benchmark Electronics, Ingevity, American Woodmark, and BancorpSouth Bank — Factors of Influence, Major Initiatives and Sustained Production
finance.yahoo.com - April 27 at 8:57 AM
$232.40 Million in Sales Expected for Ingevity (NGVT) This Quarter$232.40 Million in Sales Expected for Ingevity (NGVT) This Quarter
www.americanbankingnews.com - April 26 at 4:54 AM
Ingevity (NGVT) Set to Announce Earnings on WednesdayIngevity (NGVT) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - April 25 at 4:28 AM
Ingevity (NGVT) Expected to Post Earnings of $0.61 Per ShareIngevity (NGVT) Expected to Post Earnings of $0.61 Per Share
www.americanbankingnews.com - April 24 at 3:18 AM
Analyzing W. R. Grace and (GRA) and Ingevity (NGVT)Analyzing W. R. Grace and (GRA) and Ingevity (NGVT)
www.americanbankingnews.com - April 23 at 11:24 AM
Ingevity (NGVT) Receives Consensus Rating of "Buy" from AnalystsIngevity (NGVT) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - April 21 at 1:22 AM
FY2019 Earnings Estimate for Ingevity Issued By SunTrust Banks (NGVT)FY2019 Earnings Estimate for Ingevity Issued By SunTrust Banks (NGVT)
www.americanbankingnews.com - April 16 at 2:47 AM
Ingevity (NGVT) Stock Rating Lowered by Zacks Investment ResearchIngevity (NGVT) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 14 at 12:53 PM
Ingevity (NGVT) Lifted to "Hold" at Zacks Investment ResearchIngevity (NGVT) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 12 at 9:35 PM
$232.40 Million in Sales Expected for Ingevity Corp (NGVT) This Quarter$232.40 Million in Sales Expected for Ingevity Corp (NGVT) This Quarter
www.americanbankingnews.com - April 9 at 4:06 AM
$0.61 EPS Expected for Ingevity Corp (NGVT) This Quarter$0.61 EPS Expected for Ingevity Corp (NGVT) This Quarter
www.americanbankingnews.com - April 7 at 5:15 AM
Ingevity (NGVT) Earns Buy Rating from Loop CapitalIngevity (NGVT) Earns Buy Rating from Loop Capital
www.americanbankingnews.com - April 6 at 4:14 PM
Ingevity Corp (NGVT) Receives Consensus Recommendation of "Buy" from BrokeragesIngevity Corp (NGVT) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 27 at 1:38 AM
Ingevity (NGVT) Rating Lowered to Hold at Loop CapitalIngevity (NGVT) Rating Lowered to Hold at Loop Capital
www.americanbankingnews.com - March 24 at 11:12 PM
 Analysts Anticipate Ingevity Corp (NGVT) to Announce $0.61 Earnings Per Share Analysts Anticipate Ingevity Corp (NGVT) to Announce $0.61 Earnings Per Share
www.americanbankingnews.com - March 21 at 5:18 AM
Zacks Investment Research Lowers Ingevity (NGVT) to HoldZacks Investment Research Lowers Ingevity (NGVT) to Hold
www.americanbankingnews.com - March 17 at 8:22 PM
Research Analysts Issue Forecasts for Ingevity Corps FY2018 Earnings (NGVT)Research Analysts Issue Forecasts for Ingevity Corp's FY2018 Earnings (NGVT)
www.americanbankingnews.com - March 12 at 5:33 AM
FY2021 Earnings Estimate for Ingevity Corp (NGVT) Issued By Jefferies GroupFY2021 Earnings Estimate for Ingevity Corp (NGVT) Issued By Jefferies Group
www.americanbankingnews.com - March 9 at 4:32 PM
Ingevity (NGVT) PT Raised to $92.00Ingevity (NGVT) PT Raised to $92.00
www.americanbankingnews.com - March 8 at 11:40 PM
Ingevity Delivers On Expectations And Executes Solidly, Buckingham Says In UpgradeIngevity Delivers On Expectations And Executes Solidly, Buckingham Says In Upgrade
finance.yahoo.com - March 8 at 6:12 PM
Ingevity completes acquisition of Georgia-Pacific’s pine chemicals businessIngevity completes acquisition of Georgia-Pacific’s pine chemicals business
finance.yahoo.com - March 8 at 6:12 PM
Ingevity (NGVT) Rating Increased to Buy at Buckingham ResearchIngevity (NGVT) Rating Increased to Buy at Buckingham Research
www.americanbankingnews.com - March 8 at 5:53 PM
Albemarle (ALB) vs. Ingevity (NGVT) Financial ReviewAlbemarle (ALB) vs. Ingevity (NGVT) Financial Review
www.americanbankingnews.com - March 6 at 7:20 PM
Rhumbline Advisers Buys 13,677 Shares of Ingevity Corp (NGVT)Rhumbline Advisers Buys 13,677 Shares of Ingevity Corp (NGVT)
www.americanbankingnews.com - March 6 at 9:49 AM
BlackRock Inc. Grows Stake in Ingevity Corp (NGVT)BlackRock Inc. Grows Stake in Ingevity Corp (NGVT)
www.americanbankingnews.com - March 6 at 5:02 AM
Teacher Retirement System of Texas Has $1.01 Million Position in Ingevity Corp (NGVT)Teacher Retirement System of Texas Has $1.01 Million Position in Ingevity Corp (NGVT)
www.americanbankingnews.com - March 5 at 4:31 PM
Bogle Investment Management L P DE Buys Shares of 33,387 Ingevity Corp (NGVT)Bogle Investment Management L P DE Buys Shares of 33,387 Ingevity Corp (NGVT)
www.americanbankingnews.com - March 5 at 5:10 AM

SEC Filings

Ingevity (NYSE:NGVT) SEC Filings

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Social Media

Financials

Ingevity (NYSE:NGVT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Ingevity (NYSE NGVT) Stock Chart for Wednesday, May, 23, 2018

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This page was last updated on 5/23/2018 by MarketBeat.com Staff

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