A share price of Ingredion Inc [INGR] is currently trading at $141.84, down -0.23%. An important factor to consider is whether the stock is rising or falling in short-term value. The INGR shares have lost -1.79% over the last week, with a monthly amount glided 2.17%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ingredion Inc [NYSE: INGR] stock has seen the most recent analyst activity on August 09, 2024, when Barclays upgraded its rating to a Overweight and also boosted its price target to $145 from $122. Previously, Goldman upgraded its rating to Buy on February 15, 2024, and elevated its price target to $135. On September 29, 2023, Oppenheimer initiated with a Outperform rating and assigned a price target of $120 on the stock. UBS upgraded its rating to a Buy and raised its price target to $121 on April 13, 2023. Barclays downgraded its rating to Equal Weight for this stock on January 23, 2023, and upped its price target to $110. In a note dated January 17, 2023, Stephens upgraded an Overweight rating on this stock and boosted its target price from $100 to $120.
Ingredion Inc experienced fluctuations in its stock price throughout the past year between $105.78 and $155.44. Currently, Wall Street analysts expect the stock to reach $140 within the next 12 months. Ingredion Inc [NYSE: INGR] shares were valued at $141.84 at the most recent close of the market. An investor can expect a potential drop of -1.3% based on the average INGR price forecast.
Analyzing the INGR fundamentals
Trailing Twelve Months sales for Ingredion Inc [NYSE:INGR] were 7.55B which represents -8.02% decline. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.18 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 140.93 points at the first support level, and at 140.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 143.27, and for the 2nd resistance point, it is at 144.71.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ingredion Inc [NYSE:INGR] is 2.67. On the other hand, the Quick Ratio is 1.69, and the Cash Ratio is 0.7. Considering the valuation of this stock, the price to sales ratio is 1.22, the price to book ratio is 2.34 and price to earnings (TTM) ratio is 13.84.
Transactions by insiders
Recent insider trading involved Uribe Jorge A., Director, that happened on Dec 12 ’24 when 1.0 shares were sold. Executive VP and CFO, Gray James D completed a deal on Nov 29 ’24 to sell 54869.0 shares. Meanwhile, Officer Gray James D bought 54869.0 shares on Nov 29 ’24.
