Ingredion (NYSE:INGR – Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $10.75-11.55 for the period, compared to the consensus EPS estimate of $11.19. Ingredion also updated its FY 2025 guidance to 10.750-11.550 EPS.
Ingredion Stock Performance
Shares of Ingredion stock traded down $7.39 on Tuesday, reaching $127.34. 718,911 shares of the stock were exchanged, compared to its average volume of 524,047. Ingredion has a twelve month low of $107.40 and a twelve month high of $155.44. The business has a 50 day moving average price of $139.51 and a two-hundred day moving average price of $135.94. The company has a quick ratio of 1.69, a current ratio of 2.67 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $8.30 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 1.11 and a beta of 0.74.
Ingredion (NYSE:INGR – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $2.63 earnings per share for the quarter, topping analysts’ consensus estimates of $2.54 by $0.09. The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.82 billion. Ingredion had a net margin of 9.05% and a return on equity of 17.75%. The business’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.65 earnings per share. Analysts anticipate that Ingredion will post 10.59 earnings per share for the current fiscal year.
Ingredion Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Stockholders of record on Thursday, January 2nd were paid a $0.80 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.51%. Ingredion’s payout ratio is 31.22%.
Analysts Set New Price Targets
INGR has been the subject of a number of analyst reports. Barclays upped their price objective on Ingredion from $145.00 to $168.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. BMO Capital Markets raised their price target on shares of Ingredion from $128.00 to $147.00 and gave the company a “market perform” rating in a research report on Wednesday, November 6th. Stephens upgraded shares of Ingredion to a “hold” rating in a research report on Monday, December 2nd. Oppenheimer raised their target price on Ingredion from $147.00 to $178.00 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. Finally, UBS Group upped their price target on Ingredion from $165.00 to $173.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Ingredion presently has an average rating of “Moderate Buy” and a consensus price target of $155.17.
Read Our Latest Stock Analysis on Ingredion
Insider Buying and Selling at Ingredion
In other news, SVP Larry Fernandes sold 4,700 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $153.41, for a total value of $721,027.00. Following the completion of the sale, the senior vice president now owns 29,034 shares of the company’s stock, valued at $4,454,105.94. This represents a 13.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO James D. Gray sold 54,869 shares of Ingredion stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $146.76, for a total transaction of $8,052,574.44. Following the sale, the chief financial officer now directly owns 12,795 shares in the company, valued at approximately $1,877,794.20. The trade was a 81.09 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 65,692 shares of company stock worth $9,634,868. Insiders own 1.80% of the company’s stock.
Ingredion Company Profile
Ingredion Incorporated, together with its subsidiaries, manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa.
Further Reading
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