The price-to-earnings ratio for Ingredion Inc (NYSE: INGR) is 13.03x, which is above its average ratio. Moreover, the 36-month beta value for INGR is 0.75. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for INGR is 64.57M and currently, short sellers hold a 1.56% of that float. On January 09, 2025, INGR’s average trading volume was 454.33K shares.
INGR) stock’s latest price update
Ingredion Inc (NYSE: INGR) has seen a rise in its stock price by 0.60 in relation to its previous close of 132.72. However, the company has experienced a -2.94% decline in its stock price over the last five trading sessions. zacks.com reported 2025-01-03 that Investors looking for stocks in the Food – Miscellaneous sector might want to consider either Ingredion (INGR) or Lamb Weston (LW). But which of these two stocks presents investors with the better value opportunity right now?
INGR’s Market Performance
Ingredion Inc (INGR) has experienced a -2.94% fall in stock performance for the past week, with a -8.07% drop in the past month, and a -0.39% drop in the past quarter. The volatility ratio for the week is 1.63%, and the volatility levels for the past 30 days are at 1.60% for INGR. The simple moving average for the past 20 days is -4.12% for INGR’s stock, with a 4.44% simple moving average for the past 200 days.
Analysts’ Opinion of INGR
Many brokerage firms have already submitted their reports for INGR stocks, with Barclays repeating the rating for INGR by listing it as a “Overweight.” The predicted price for INGR in the upcoming period, according to Barclays is $145 based on the research report published on August 09, 2024 of the previous year 2024.
Goldman, on the other hand, stated in their research note that they expect to see INGR reach a price target of $135, previously predicting the price at $122. The rating they have provided for INGR stocks is “Buy” according to the report published on February 15th, 2024.
Oppenheimer gave a rating of “Outperform” to INGR, setting the target price at $120 in the report published on September 29th of the previous year.
INGR Trading at -6.27% from the 50-Day Moving Average
After a stumble in the market that brought INGR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.11% of loss for the given period.
Volatility was left at 1.60%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares sank -6.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.10% lower at present.
During the last 5 trading sessions, INGR fell by -2.94%, which changed the moving average for the period of 200-days by +13.98% in comparison to the 20-day moving average, which settled at $139.25. In addition, Ingredion Inc saw -2.94% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at INGR starting from Uribe Jorge A., who sale 1 shares at the price of $145.55 back on Dec 12 ’24. After this action, Uribe Jorge A. now owns 12,737 shares of Ingredion Inc, valued at $128 using the latest closing price.
Gray James D, the Executive VP and CFO of Ingredion Inc, sale 54,869 shares at $146.76 during a trade that took place back on Nov 29 ’24, which means that Gray James D is holding 12,795 shares at $8,052,689 based on the most recent closing price.
Stock Fundamentals for INGR
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.25 for the gross margin
The net margin for Ingredion Inc stands at 0.09. The total capital return value is set at 0.17. Equity return is now at value 18.68, with 9.06 for asset returns.
Based on Ingredion Inc (INGR), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.77. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 19.45.
Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 0.78. When we switch over and look at the enterprise to sales, we see a ratio of 1.28. The receivables turnover for the company is 6.44for trailing twelve months and the total asset turnover is 1.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.67.
Conclusion
To wrap up, the performance of Ingredion Inc (INGR) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
