A share price of Ingevity Corp [NGVT] is currently trading at $46.49, up 5.64%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NGVT shares have gain 5.61% over the last week, with a monthly amount glided 9.08%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ingevity Corp [NYSE: NGVT] stock has seen the most recent analyst activity on February 26, 2025, when BMO Capital Markets upgraded its rating to a Outperform and also boosted its price target to $65 from $62. Previously, CJS Securities upgraded its rating to Market Outperform on August 07, 2024, and kept the price target unchanged to $58. On April 22, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $62 on the stock. CJS Securities downgraded its rating to a Market Perform but stick to its price target of $49 on November 06, 2023. Loop Capital downgraded its rating to a Hold and reduced its price target to $53 on October 03, 2023. BMO Capital Markets downgraded its rating to Market Perform for this stock on August 07, 2023, and downed its price target to $60. In a note dated July 27, 2023, Loop Capital upgraded an Buy rating on this stock and boosted its target price from $64 to $75.
Ingevity Corp experienced fluctuations in its stock price throughout the past year between $30.90 and $56.29. Currently, Wall Street analysts expect the stock to reach $47 within the next 12 months. Ingevity Corp [NYSE: NGVT] shares were valued at $46.49 at the most recent close of the market. An investor can expect a potential return of 1.1% based on the average NGVT price forecast.
Analyzing the NGVT fundamentals
Trailing Twelve Months sales for Ingevity Corp [NYSE:NGVT] were 1.41B which represents -19.64% decline. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -1.36 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of7.45.
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 44.48 points at the first support level, and at 42.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.67, and for the 2nd resistance point, it is at 48.85.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ingevity Corp [NYSE:NGVT] is 1.87. Also, the Quick Ratio is 1.00, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 1.20, the price to book ratio is 8.66.
Transactions by insiders
Recent insider trading involved Cozad Stacy, Officer, that happened on Aug 19 ’24 when 9256.0 shares were purchased.
