Ingredion (NYSE:INGR) Releases FY 2025 Earnings Guidance

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

Analysts Set New Price Targets

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

Ingredion Stock Performance

Shares of NYSE:INGR traded down $1.00 during midday trading on Wednesday, reaching $126.14. The company had a trading volume of 49,116 shares, compared to its average volume of 521,937. 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 $8.22 billion, a P/E ratio of 12.32, a P/E/G ratio of 1.11 and a beta of 0.74. Ingredion has a 52-week low of $107.40 and a 52-week high of $155.44. The company’s 50 day moving average price is $138.82 and its 200 day moving average price is $136.10.

Ingredion (NYSE:INGR) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $2.63 earnings per share for the quarter, beating the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the company earned $1.65 earnings per share. As a group, sell-side analysts anticipate that Ingredion will post 10.59 EPS for the current fiscal year.

Ingredion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 21st. Investors of record on Thursday, January 2nd were paid a $0.80 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $3.20 dividend on an annualized basis and a yield of 2.54%. Ingredion’s dividend payout ratio is 31.22%.

Insider Transactions at Ingredion

In other news, CFO James D. Gray sold 54,869 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $146.76, for a total transaction of $8,052,574.44. Following the completion of the transaction, the chief financial officer now directly owns 12,795 shares in the company, valued at $1,877,794.20. The trade was a 81.09 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Larry Fernandes sold 6,122 shares of the company’s 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 completion of 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 position. The disclosure for this sale can be found here. Insiders sold 60,992 shares of company stock valued at $8,913,841 over the last three months. Company 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.