At the time of writing, Ingevity Corp [NGVT] stock is trading at $39.20, up 10.36%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NGVT shares have gain 18.68% over the last week, with a monthly amount glided 24.72%, 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.
For the past year, the stock price of Ingevity Corp fluctuated between $28.49 and $56.28. Currently, Wall Street analysts expect the stock to reach $55 within the next 12 months. Ingevity Corp [NYSE: NGVT] shares were valued at $39.20 at the most recent close of the market. An investor can expect a potential return of 40.31% based on the average NGVT price forecast.
Analyzing the NGVT fundamentals
According to Ingevity Corp [NYSE:NGVT], the company’s sales were 1.35B for trailing twelve months, which represents an -16.50% plunge. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at -0.32%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -1.52 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.94.
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 36.88 points at the first support level, and at 34.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.82, and for the 2nd resistance point, it is at 42.44.
Ratios To Look Out For
It is important to note that Ingevity Corp [NYSE:NGVT] has a current ratio of 2.00. In addition, the Quick Ratio stands at 1.08 and the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 7.30.
Transactions by insiders
Recent insider trading involved Cozad Stacy, Officer, that happened on Aug 19 ’24 when 9256.0 shares were purchased.
