Ingredion (NYSE:INGR) Releases FY 2025 Earnings Guidance

Ingredion (NYSE:INGR) updated its FY 2025 earnings guidance on Tuesday. 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 Stock Down 0.6 %

INGR stock opened at $126.32 on Thursday. Ingredion has a one year low of $107.40 and a one year high of $155.44. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.69 and a current ratio of 2.67. The firm has a market cap of $8.23 billion, a PE ratio of 12.32, a P/E/G ratio of 1.11 and a beta of 0.74. The firm’s fifty day moving average is $138.40 and its 200 day moving average is $136.03.

Ingredion (NYSE:INGR) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $2.63 earnings per share for the quarter, topping 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 period in the prior year, the business posted $1.65 earnings per share. The firm’s revenue for the quarter was down 6.3% on a year-over-year basis. On average, research analysts forecast that Ingredion will post 10.59 EPS for the current year.

Ingredion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 21st. Stockholders of record on Thursday, January 2nd were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 2.53%. The ex-dividend date was Thursday, January 2nd. Ingredion’s dividend payout ratio is currently 31.22%.

Analysts Set New Price Targets

A number of brokerages have commented on INGR. Barclays lifted their target price on shares of Ingredion from $145.00 to $168.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. Stephens decreased their price target on Ingredion from $155.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday. BMO Capital Markets cut their price target on shares of Ingredion from $147.00 to $133.00 and set a “market perform” rating on the stock in a research note on Wednesday. Oppenheimer decreased their price objective on shares of Ingredion from $178.00 to $167.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, UBS Group raised their price objective on Ingredion from $165.00 to $173.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Ingredion has an average rating of “Moderate Buy” and an average target price of $154.33.

Insiders Place Their Bets

In other news, SVP Larry Fernandes sold 6,122 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $140.66, for a total value of $861,120.52. Following the completion of the sale, the senior vice president now directly owns 29,034 shares of the company’s stock, valued at $4,083,922.44. This trade represents a 17.41 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO James D. Gray sold 54,869 shares of the company’s stock in a transaction on Friday, November 29th. The stock was 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 directly owns 12,795 shares in the company, valued at $1,877,794.20. This represents a 81.09 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 60,992 shares of company stock valued at $8,913,841. Insiders own 1.80% of the company’s stock.

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.