Ingredion (NYSE:INGR) Releases FY25 Earnings Guidance

Ingredion (NYSE:INGR) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $10.75-11.55 for the period, compared to the consensus estimate of $11.19. Ingredion also updated its FY 2025 guidance to 10.750-11.550 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on INGR shares. Barclays lifted their target price on Ingredion from $145.00 to $168.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. BMO Capital Markets boosted their price objective on shares of Ingredion from $128.00 to $147.00 and gave the company a “market perform” rating in a research report on Wednesday, November 6th. UBS Group raised their target price on shares of Ingredion from $165.00 to $173.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Oppenheimer upped their price target on shares of Ingredion from $147.00 to $178.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. Finally, Stephens raised 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 issued a buy rating to the company. According to MarketBeat, Ingredion presently has a consensus rating of “Moderate Buy” and a consensus price target of $155.17.

Ingredion Trading Down 5.5 %

Shares of NYSE:INGR traded down $7.39 during trading on Tuesday, reaching $127.34. 718,911 shares of the company were exchanged, compared to its average volume of 524,047. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.67 and a quick ratio of 1.69. The firm has a market capitalization of $8.30 billion, a PE ratio of 12.42, a P/E/G ratio of 1.11 and a beta of 0.74. The business’s fifty day simple moving average is $139.51 and its 200-day simple moving average is $135.94. Ingredion has a 12-month low of $107.40 and a 12-month high of $155.44.

Ingredion (NYSE:INGR) last issued its earnings results on Tuesday, February 4th. The company reported $2.63 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.09. The business had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.82 billion. Ingredion had a return on equity of 17.75% and a net margin of 9.05%. Ingredion’s revenue was down 6.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.65 EPS. On average, research analysts anticipate that Ingredion will post 10.59 EPS for the current year.

Ingredion Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Shareholders of record on Thursday, January 2nd were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend was Thursday, January 2nd. Ingredion’s dividend payout ratio (DPR) is 31.22%.

Insider Transactions at Ingredion

In other news, 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 value of $8,052,574.44. Following the sale, the chief financial officer now directly owns 12,795 shares in the company, valued at approximately $1,877,794.20. This trade represents a 81.09 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Larry Fernandes sold 4,700 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $153.41, for a total transaction of $721,027.00. Following the transaction, the senior vice president now owns 29,034 shares of the company’s stock, valued at approximately $4,454,105.94. This trade represents a 13.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 65,692 shares of company stock valued at $9,634,868. Company insiders own 1.80% of the company’s stock.

Ingredion Company Profile

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.