Ingredion (NYSE:INGR) Updates FY 2025 Earnings Guidance

Ingredion (NYSE:INGRGet Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 10.750-11.550 for the period, compared to the consensus estimate of 11.200. The company issued revenue guidance of -.

Ingredion Trading Down 7.0 %

Shares of INGR stock traded down $9.48 on Tuesday, hitting $125.25. 392,131 shares of the stock traded hands, compared to its average volume of 507,782. Ingredion has a twelve month low of $107.40 and a twelve month high of $155.44. The stock has a market capitalization of $8.16 billion, a PE ratio of 12.24, a PEG ratio of 1.11 and a beta of 0.74. The firm’s 50-day moving average price is $139.51 and its two-hundred day moving average price is $135.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.69 and a current ratio of 2.67.

Ingredion (NYSE:INGRGet Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $2.63 EPS for the quarter, beating the consensus estimate of $2.54 by $0.09. Ingredion had a return on equity of 17.75% and a net margin of 9.05%. As a group, analysts anticipate that Ingredion will post 10.59 EPS for the current year.

Ingredion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 21st. Stockholders of record on Thursday, January 2nd were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $3.20 annualized dividend and a dividend yield of 2.55%. Ingredion’s dividend payout ratio is presently 31.22%.

Wall Street Analysts Forecast Growth

INGR has been the subject of a number of recent research reports. Barclays lifted their target price on Ingredion from $145.00 to $168.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. BMO Capital Markets upped their target price on shares of Ingredion from $128.00 to $147.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 6th. Oppenheimer lifted their price target on shares of Ingredion from $147.00 to $178.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. UBS Group raised their price objective on shares of Ingredion from $165.00 to $173.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Stephens upgraded shares of Ingredion to a “hold” rating in a research note on Monday, December 2nd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Ingredion presently has a consensus rating of “Moderate Buy” and an average price target of $155.17.

Read Our Latest Report on INGR

Insider Activity

In other Ingredion news, SVP Larry Fernandes sold 4,700 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $153.41, for a total transaction of $721,027.00. Following the completion of the transaction, the senior vice president now owns 29,034 shares in the company, valued at approximately $4,454,105.94. This represents a 13.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO James D. Gray sold 54,869 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer now owns 12,795 shares of the company’s stock, 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 three months, insiders sold 65,692 shares of company stock valued at $9,634,868. Insiders own 1.80% of the company’s stock.

Ingredion Company Profile

(Get Free Report)

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.

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