NYSE:NGVT Ingevity - NGVT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ingevity Co. Please log in to your account or sign up in order to add this asset to your watchlist. $70.36 -2.05 (-2.83%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$70.30▼$72.7050-Day Range$68.89▼$90.7552-Week Range$58.44▼$90.81Volume140,874 shsAverage Volume347,389 shsMarket Capitalization$2.62 billionP/E Ratio12.84Dividend YieldN/APrice Target$90.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ingevity MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside28.9% Upside$90.67 Price TargetShort InterestBearish2.57% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.19Based on 7 Articles This WeekInsider TradingSelling Shares$1.25 M Sold Last QuarterProj. Earnings Growth15.72%From $6.36 to $7.36 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.50 out of 5 starsBasic Materials Sector54th out of 159 stocksChemicals & Allied Products Industry8th out of 15 stocks 3.3 Analyst's Opinion Consensus RatingIngevity has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $90.67, Ingevity has a forecasted upside of 28.9% from its current price of $70.36.Amount of Analyst CoverageIngevity has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.57% of the float of Ingevity has been sold short.Short Interest Ratio / Days to CoverIngevity has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Ingevity has recently increased by 1.17%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldIngevity does not currently pay a dividend.Dividend GrowthIngevity does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NGVT. Previous Next 1.8 News and Social Media Coverage News SentimentIngevity has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.30 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Ingevity this week, compared to 3 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ingevity insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,247,519.00 in company stock.Percentage Held by InsidersOnly 0.79% of the stock of Ingevity is held by insiders.Percentage Held by Institutions90.01% of the stock of Ingevity is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ingevity are expected to grow by 15.72% in the coming year, from $6.36 to $7.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ingevity is 12.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Ingevity is 12.84, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 84.60.Price to Book Value per Share RatioIngevity has a P/B Ratio of 3.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ingevity (NYSE:NGVT) StockIngevity Corp. engages in the manufacture of specialty chemicals and carbon materials. It operates through the following segments: Performance Chemicals and Performance Materials. The Performance Materials segment consists of automotive technologies and process purifications product families. Automotive technologies produces automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. Process purifications produce a number of activated carbon products for food, water, beverage and chemical purification applications. The Performance Chemicals segment primarily addresses applications in three product families: pavement technologies, oilfield technologies, and industrial specialties. The company was founded on March 27, 2015 and is headquartered in North Charleston, SC.Read More Receive NGVT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ingevity and its competitors with MarketBeat's FREE daily newsletter. Email Address NGVT Stock News HeadlinesMarch 23, 2023 | americanbankingnews.comFinancial Survey: Standard Lithium (OTCMKTS:SLI) versus Ingevity (NYSE:NGVT)March 18, 2023 | americanbankingnews.comIngevity Co. (NYSE:NGVT) Expected to Earn Q1 2023 Earnings of $1.33 Per ShareMarch 23, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. March 16, 2023 | americanbankingnews.comIngevity (NYSE:NGVT) Now Covered by Analysts at StockNews.comMarch 15, 2023 | finance.yahoo.comIngevity (NGVT) to Feature Capa at European Coatings ShowMarch 15, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for Ingevity Co. (NYSE:NGVT) Boosted by Zacks ResearchMarch 14, 2023 | americanbankingnews.comIngevity Co. (NYSE:NGVT) Expected to Post Q1 2023 Earnings of $1.32 Per ShareMarch 13, 2023 | finance.yahoo.comIngevity Corporation (NYSE:NGVT) Q4 2022 Earnings Call TranscriptMarch 23, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. February 28, 2023 | finance.yahoo.comIngevity (NGVT) Lags Q4 Earnings and Revenue EstimatesFebruary 21, 2023 | finance.yahoo.comIngevity pushes boundaries of polyurethane performance with Capa® LT, a new Capa polyol with extended low temperature performanceFebruary 21, 2023 | msn.comChart of the Day: Ingevity - Special Chemical StockFebruary 20, 2023 | finance.yahoo.comIngevity (NGVT) Reports Next Week: Wall Street Expects Earnings GrowthJanuary 27, 2023 | finance.yahoo.comThose who invested in Ingevity (NYSE:NGVT) a year ago are up 24%December 13, 2022 | finance.yahoo.comCan Ingevity Corporation (NYSE:NGVT) Maintain Its Strong Returns?November 20, 2022 | finance.yahoo.comIs Ingevity Corporation (NYSE:NGVT) Potentially Undervalued?November 4, 2022 | finance.yahoo.comHow Much Upside is Left in Ingevity (NGVT)? Wall Street Analysts Think 30%November 2, 2022 | finance.yahoo.comIngevity (NGVT) Q3 Earnings and Revenues Surpass EstimatesNovember 2, 2022 | finance.yahoo.comIngevity reports third quarter 2022 financial resultsOctober 19, 2022 | streetinsider.comIngevity announces dates for third quarter 2022 earnings release and webcast - StreetInsider.comOctober 4, 2022 | finance.yahoo.comIngevity completes acquisition of leading pavement marking materials business, Ozark Materials - Yahoo FinanceOctober 3, 2022 | businesswire.comIngevity completes acquisition of leading pavement marking materials business, Ozark Materials - Business WireOctober 3, 2022 | finance.yahoo.comIngevity (NGVT) Wraps Up Expansion of Polyols ProductionSeptember 29, 2022 | businesswire.comIngevity rebrands adsorbed natural gas business to NeuFuel™ and expands carbon- neutral offerings for existing diesel vehicles - Business WireSeptember 29, 2022 | finance.yahoo.comIngevity rebrands adsorbed natural gas business to NeuFuel™ and expands carbon- neutral offerings for existing diesel vehiclesSeptember 29, 2022 | finance.yahoo.comHere's Why Ingevity (NGVT) is a Strong Growth StockSeptember 28, 2022 | finance.yahoo.comIngevity completes planned expansion of caprolactone polyols production to the United States, increases global capacity for polyols by 40% - Yahoo FinanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NGVT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ingevity and its competitors with MarketBeat's FREE daily newsletter. Email Address NGVT Company Calendar Last Earnings2/27/2023Today3/23/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Chemicals & allied products Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:NGVT Previous SymbolNASDAQ:NGVT CUSIPN/A CIK1653477 Webwww.ingevity.com Phone(843) 740-2300Fax843-740-8165Employees2,050Year FoundedN/APrice Target and Rating Average Stock Price Forecast$90.67 High Stock Price Forecast$100.00 Low Stock Price Forecast$85.00 Forecasted Upside/Downside+28.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$5.48 Trailing P/E Ratio12.84 Forward P/E Ratio11.06 P/E GrowthN/ANet Income$211.60 million Net Margins12.68% Pretax Margin16.16% Return on Equity34.63% Return on Assets9.36% Debt Debt-to-Equity Ratio2.11 Current Ratio2.24 Quick Ratio1.13 Sales & Book Value Annual Sales$1.67 billion Price / Sales1.57 Cash Flow$9.29 per share Price / Cash Flow7.57 Book Value$18.68 per share Price / Book3.77Miscellaneous Outstanding Shares37,170,000Free Float36,874,000Market Cap$2.62 billion OptionableOptionable Beta1.83 Key ExecutivesJohn C. FortsonPresident, Chief Executive Officer & DirectorMary Dean HallChief Financial Officer & Executive Vice PresidentStuart Edward WoodcockExecutive VP & President-Performance MaterialsErik RippleSenior VP, Chief Growth & Innovation OfficerChristine StunyoChief Human Resources Officer & Senior VPKey CompetitorsInnospecNASDAQ:IOSPLiventNYSE:LTHMBalchemNASDAQ:BCPCPerimeter SolutionsNYSE:PRMChemoursNYSE:CCView All CompetitorsInsiders & InstitutionsRichard Allen White JrSold 1,439 sharesTotal: $116,559.00 ($81.00/share)Stuart Edward Jr. WoodcockSold 4,968 sharesTotal: $408,071.52 ($82.14/share)Phillip John PlattSold 8,847 sharesTotal: $722,888.37 ($81.71/share)Voya Investment Management LLCSold 65,184 shares on 2/28/2023Ownership: 0.401%Teachers Retirement System of The State of KentuckySold 900 shares on 2/22/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions NGVT Stock - Frequently Asked Questions Should I buy or sell Ingevity stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ingevity in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NGVT shares. View NGVT analyst ratings or view top-rated stocks. What is Ingevity's stock price forecast for 2023? 3 brokers have issued 12-month price targets for Ingevity's shares. Their NGVT share price forecasts range from $85.00 to $100.00. On average, they anticipate the company's share price to reach $90.67 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price. View analysts price targets for NGVT or view top-rated stocks among Wall Street analysts. How have NGVT shares performed in 2023? Ingevity's stock was trading at $70.44 at the start of the year. Since then, NGVT stock has decreased by 0.1% and is now trading at $70.36. View the best growth stocks for 2023 here. Are investors shorting Ingevity? Ingevity saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 936,500 shares, an increase of 20.2% from the January 31st total of 778,800 shares. Based on an average daily trading volume, of 178,700 shares, the days-to-cover ratio is currently 5.2 days. Currently, 2.5% of the shares of the company are sold short. View Ingevity's Short Interest. When is Ingevity's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our NGVT earnings forecast. How were Ingevity's earnings last quarter? Ingevity Co. (NYSE:NGVT) released its quarterly earnings data on Monday, February, 27th. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by $0.33. The firm earned $383.60 million during the quarter, compared to analysts' expectations of $395.77 million. Ingevity had a trailing twelve-month return on equity of 34.63% and a net margin of 12.68%. The firm's revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 EPS. What ETFs hold Ingevity's stock? ETFs with the largest weight of Ingevity (NYSE:NGVT) stock in their portfolio include ProShares Smart Materials ETF (TINT), Putnam BioRevolution ETF (SYNB), Thrivent Small-Mid Cap ESG ETF (TSME), Putnam Sustainable Future ETF (PFUT), Invesco DWA Basic Materials Momentum ETF (PYZ), Pacer US Export Leaders ETF (PEXL), iShares U.S. Infrastructure ETF (IFRA) and Distillate Small/Mid Cash Flow ETF (DSMC). What guidance has Ingevity issued on next quarter's earnings? Ingevity issued an update on its FY 2023 earnings guidance on Monday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.90 billion-$2.10 billion, compared to the consensus revenue estimate of $1.83 billion. What is John Fortson's approval rating as Ingevity's CEO? 2 employees have rated Ingevity Chief Executive Officer John Fortson on Glassdoor.com. John Fortson has an approval rating of 100% among the company's employees. This puts John Fortson in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Ingevity own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ingevity investors own include Pfizer (PFE), AbbVie (ABBV), General Electric (GE), Verizon Communications (VZ), WestRock (WRK), Abbott Laboratories (ABT), Boeing (BA), Costco Wholesale (COST), Dominion Energy (D) and Johnson & Johnson (JNJ). What is Ingevity's stock symbol? Ingevity trades on the New York Stock Exchange (NYSE) under the ticker symbol "NGVT." Who are Ingevity's major shareholders? Ingevity's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include LSV Asset Management (4.05%), Thrivent Financial for Lutherans (2.76%), Dimensional Fund Advisors LP (1.95%), Maple Rock Capital Partners Inc. (1.85%), Brown Advisory Inc. (1.82%) and Geode Capital Management LLC (1.74%). Insiders that own company stock include Erik Spencer Ripple, Phillip John Platt, Richard Allen White Jr and Stuart Edward Jr Woodcock. View institutional ownership trends. How do I buy shares of Ingevity? Shares of NGVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ingevity's stock price today? One share of NGVT stock can currently be purchased for approximately $70.36. How much money does Ingevity make? Ingevity (NYSE:NGVT) has a market capitalization of $2.62 billion and generates $1.67 billion in revenue each year. The company earns $211.60 million in net income (profit) each year or $5.48 on an earnings per share basis. How many employees does Ingevity have? The company employs 2,050 workers across the globe. How can I contact Ingevity? Ingevity's mailing address is 4920 O`Hear Avenue Suite 400, North Charleston SC, 29406. The official website for the company is www.ingevity.com. The company can be reached via phone at (843) 740-2300, via email at daniel.gallagher@ingevity.com, or via fax at 843-740-8165. This page (NYSE:NGVT) was last updated on 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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