Ingredion (NYSE:INGR) Updates 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 Analysts Forecast Growth

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

Ingredion Trading Down 5.5 %

Shares of INGR stock opened at $127.36 on Wednesday. The company’s 50-day moving average price is $138.82 and its 200-day moving average price is $136.10. The company has a current ratio of 2.67, a quick ratio of 1.69 and a debt-to-equity ratio of 0.44. The stock has a market cap of $8.30 billion, a price-to-earnings ratio of 12.43, a PEG ratio of 1.11 and a beta of 0.74. Ingredion has a twelve month low of $107.40 and a twelve month high of $155.44.

Ingredion (NYSE:INGR) last released its earnings results 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. The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.82 billion. Ingredion had a net margin of 9.05% and a return on equity of 17.75%. The business’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.65 earnings per share. As a group, equities analysts predict that Ingredion will post 10.59 earnings per share for the current year.

Ingredion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 21st. Stockholders of record on Thursday, January 2nd were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend was Thursday, January 2nd. Ingredion’s payout ratio is currently 31.22%.

Insider Activity

In other Ingredion news, SVP Larry Fernandes sold 6,122 shares of the stock in a transaction 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 transaction, the senior vice president now owns 29,034 shares in the company, valued at approximately $4,083,922.44. This represents a 17.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO James D. Gray sold 54,869 shares of the 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 completion of the transaction, the chief financial officer now owns 12,795 shares of the company’s stock, valued at $1,877,794.20. The trade was a 81.09 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 60,992 shares of company stock valued at $8,913,841. 1.80% of the stock is currently owned by company insiders.

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.