The price-to-earnings ratio for Ingredion Inc (NYSE: INGR) is above average at 13.18x, Company’s 36-month beta value is 0.74.Analysts have differing 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 1.60% ratio of that floaft. The average trading volume of INGR on January 20, 2025 was 485.11K shares.
INGR) stock’s latest price update
The stock price of Ingredion Inc (NYSE: INGR) has jumped by 0.58 compared to previous close of 134.33. Despite this, the company has seen a gain of 3.29% in its stock price over the last five trading days. globenewswire.com reported 2025-01-14 that WESTCHESTER, Ill., Jan. 14, 2025 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, will release its 2024 fourth quarter and year-end financial results for the period ended December 31, 2024, before the market opens Tuesday, February 4, 2025.
INGR’s Market Performance
Ingredion Inc (INGR) has experienced a 3.29% rise in stock performance for the past week, with a -5.50% drop in the past month, and a -0.30% drop in the past quarter. The volatility ratio for the week is 1.64%, and the volatility levels for the past 30 days are at 1.61% for INGR.. The simple moving average for the past 20 days is -0.66% for INGR’s stock, with a 5.30% 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 -5.09% 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 -13.08% of loss for the given period.
Volatility was left at 1.61%, however, over the last 30 days, the volatility rate increased by 1.64%, as shares sank -4.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.80% upper at present.
During the last 5 trading sessions, INGR rose by +3.29%, which changed the moving average for the period of 200-days by +16.08% in comparison to the 20-day moving average, which settled at $136.01. In addition, Ingredion Inc saw -1.78% 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 1.29. 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
In a nutshell, Ingredion Inc (INGR) has experienced a mixed performance in recent times. The stock has received mixed “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.
