Currently, Ingredion Inc [INGR] is trading at $136.79, up 0.97%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The INGR shares have gain 4.78% over the last week, with a monthly amount glided 7.38%, 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.
This stock has fluctuated between a low of $109.51 and a high of $155.44 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $147 within the next 12 months. Ingredion Inc [NYSE: INGR] shares were valued at $136.79 at the most recent close of the market. An investor can expect a potential return of 7.46% based on the average INGR price forecast.
Analyzing the INGR fundamentals
Trailing Twelve Months sales for Ingredion Inc [NYSE:INGR] were 7.43B which represents -6.30% decline. Gross Profit Margin for this corporation currently stands at 0.26% 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 0.17 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.
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 134.56 points at the first support level, and at 132.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 139.42, and for the 2nd resistance point, it is at 142.05.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ingredion Inc [NYSE:INGR] is 2.62. Also, the Quick Ratio is 1.69, while the Cash Ratio stands at 0.78. Considering the valuation of this stock, the price to sales ratio is 1.18, the price to book ratio is 2.32 and price to earnings (TTM) ratio is 14.10.
Transactions by insiders
Recent insider trading involved Zallie James P., President and CEO, that happened on Feb 19 ’25 when 10815.0 shares were sold. Officer, Zallie James P. completed a deal on Feb 19 ’25 to buy 10815.0 shares. Meanwhile, President and CEO Zallie James P. sold 39329.0 shares on Feb 14 ’25.
