Ingredion (NYSE:INGR) Releases FY25 Earnings Guidance

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Stephens upgraded Ingredion to a “hold” rating in a research note on Monday, December 2nd. UBS Group raised their price target on Ingredion from $165.00 to $173.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. BMO Capital Markets raised their price target on Ingredion from $128.00 to $147.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 6th. Oppenheimer raised their target price on Ingredion from $147.00 to $178.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. Finally, Barclays raised 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. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Ingredion presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.17.

Ingredion Trading Down 5.7 %

Shares of INGR traded down $7.66 during mid-day trading on Tuesday, reaching $127.07. 774,916 shares of the company’s stock traded hands, compared to its average volume of 525,475. The stock’s 50-day moving average is $139.51 and its two-hundred day moving average is $135.94. 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 stock has a market cap of $8.28 billion, a P/E ratio of 12.39, a P/E/G ratio of 1.11 and a beta of 0.74. Ingredion has a 12 month low of $107.40 and a 12 month high of $155.44.

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

Ingredion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Investors of record on Thursday, January 2nd were given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend was Thursday, January 2nd. Ingredion’s payout ratio is 31.22%.

Insider Activity at Ingredion

In other Ingredion news, CFO James D. Gray sold 54,869 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $146.76, for a total transaction of $8,052,574.44. Following the sale, the chief financial officer now directly 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Larry Fernandes sold 4,700 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $153.41, for a total value of $721,027.00. Following the sale, the senior vice president now directly owns 29,034 shares in the company, valued at $4,454,105.94. This represents a 13.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 65,692 shares of company stock valued at $9,634,868 in the last ninety days. 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.