Shares of Ingredion Incorporated (NYSE:INGR – Get Free Report) have received an average recommendation of “Hold” from the nine research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $122.4286.
INGR has been the topic of a number of recent analyst reports. Zacks Research cut Ingredion from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. Oppenheimer lowered shares of Ingredion from an “outperform” rating to a “market perform” rating in a research report on Monday, June 8th. UBS Group restated a “neutral” rating and set a $114.00 price target on shares of Ingredion in a research report on Thursday, May 7th. Weiss Ratings restated a “hold (c)” rating on shares of Ingredion in a report on Wednesday, June 24th. Finally, Benchmark reaffirmed a “buy” rating on shares of Ingredion in a research report on Tuesday, June 9th.
Hedge Funds Weigh In On Ingredion
Ingredion Stock Performance
INGR stock opened at $97.57 on Friday. The firm has a market cap of $6.15 billion, a PE ratio of 9.40, a P/E/G ratio of 0.80 and a beta of 0.62. The company has a quick ratio of 1.83, a current ratio of 2.76 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average of $102.80 and a 200-day moving average of $110.12. Ingredion has a 12-month low of $94.44 and a 12-month high of $138.40.
Ingredion (NYSE:INGR – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $2.34 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.10). Ingredion had a return on equity of 15.86% and a net margin of 9.36%.The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter last year, the business posted $2.97 earnings per share. The business’s revenue was down 1.2% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. As a group, sell-side analysts expect that Ingredion will post 10.88 earnings per share for the current year.
Ingredion Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.82 per share. The ex-dividend date is Wednesday, July 1st. This represents a $3.28 annualized dividend and a dividend yield of 3.4%. Ingredion’s dividend payout ratio (DPR) is presently 31.60%.
About Ingredion
Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.
The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.
See Also
- Five stocks we like better than Ingredion
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for Ingredion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ingredion and related companies with MarketBeat.com's FREE daily email newsletter.
