Ingredion (NYSE:INGR) Issues FY 2025 Earnings Guidance

Ingredion (NYSE:INGR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 10.750-11.550 for the period, compared to the consensus earnings per share estimate of 11.200. The company issued revenue guidance of -. Ingredion also updated its FY25 guidance to $10.75-11.55 EPS.

Ingredion Price Performance

Shares of NYSE INGR traded down $1.00 during trading hours on Wednesday, reaching $126.14. 49,116 shares of the stock traded hands, compared to its average volume of 521,937. Ingredion has a 52-week low of $107.40 and a 52-week high of $155.44. The company has a quick ratio of 1.69, a current ratio of 2.67 and a debt-to-equity ratio of 0.44. The company’s 50-day simple moving average is $138.82 and its two-hundred day simple moving average is $136.10. The company has a market capitalization of $8.22 billion, a P/E ratio of 12.32, a price-to-earnings-growth ratio of 1.11 and a beta of 0.74.

Ingredion (NYSE:INGR) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $2.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.54 by $0.09. Ingredion had a net margin of 9.05% and a return on equity of 17.75%. The company had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the prior year, the company earned $1.65 EPS. The firm’s revenue was down 6.3% on a year-over-year basis. Equities research analysts forecast that Ingredion will post 10.59 EPS for the current year.

Ingredion Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $3.20 annualized dividend and a yield of 2.54%. Ingredion’s payout ratio is 31.22%.

Analyst Upgrades and Downgrades

INGR has been the topic of several research reports. Oppenheimer lifted their price target on Ingredion from $147.00 to $178.00 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. UBS Group upped their target price on shares of Ingredion from $165.00 to $173.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. BMO Capital Markets upped their price objective on shares of Ingredion from $128.00 to $147.00 and gave the stock a “market perform” rating in a report on Wednesday, November 6th. Barclays lifted their target price on shares of Ingredion from $145.00 to $168.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. Finally, Stephens upgraded Ingredion to a “hold” rating in a report on Monday, December 2nd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Ingredion currently has a consensus rating of “Moderate Buy” and an average price target of $155.17.

Insider Buying and Selling

In related news, SVP Larry Fernandes sold 6,122 shares of Ingredion stock in a transaction on Friday, November 15th. The stock was sold at an average price of $140.66, for a total transaction of $861,120.52. Following the transaction, the senior vice president now directly owns 29,034 shares in the company, valued at approximately $4,083,922.44. The trade was a 17.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO James D. Gray sold 54,869 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief financial officer now owns 12,795 shares of the company’s stock, valued at approximately $1,877,794.20. This trade represents a 81.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 60,992 shares of company stock worth $8,913,841. 1.80% of the stock is owned by insiders.

About Ingredion

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.