ingredion inc. - INGR

INGR

Close Chg Chg %
142.37 2.07 1.45%

Open Market

144.44

+2.07 (1.45%)

Volume: 196.54K

Last Updated:

Nov 21, 2024, 2:41 PM EDT

Company Overview: ingredion inc. - INGR

INGR Key Data

Open

$143.02

Day Range

142.35 - 145.00

52 Week Range

100.90 - 155.27

Market Cap

$9.28B

Shares Outstanding

65.16M

Public Float

64.56M

Beta

0.73

Rev. Per Employee

N/A

P/E Ratio

13.89

EPS

$10.42

Yield

220.58%

Dividend

$0.80

EX-DIVIDEND DATE

Oct 1, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

491.73K

 

INGR Performance

1 Week
 
1.08%
 
1 Month
 
6.03%
 
3 Months
 
7.18%
 
1 Year
 
37.03%
 
5 Years
 
71.51%
 

INGR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 8
Full Ratings ➔

About ingredion inc. - INGR

Ingredion, Inc. engages in the development, production, and sale of food and beverage ingredients, primarily starches and sweeteners. The firm is involved in transforming corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums, and vegetables into value-added ingredients and biomaterials for the food, beverage, brewing, and other industries. It operates through the following geographical segments: North America, South America, Asia-Pacific, and Europe, Middle East, and Africa (EMEA). The North America segment includes businesses in the United States, Mexico, and Canada. The South America segment refers to the businesses in Brazil, Colombia, Peru, Ecuador, and Argentina. The Asia-Pacific segment consists of businesses in Thailand, China, Japan, Australia, Indonesia, India, the Philippines, Malaysia, Singapore, New Zealand, and Vietnam. The EMEA segment focuses on the businesses in Germany, Pakistan, the United Kingdom, South Africa, and Poland. The company was founded in 1906 and is headquartered in Westchester, IL.

INGR At a Glance

Ingredion, Inc.
5 Westbrook Corporate Center
Westchester, Illinois 60154-5749
Phone 1-708-551-2600 Revenue 8.16B
Industry Food: Specialty/Candy Net Income 643.00M
Sector Consumer Non-Durables 2023 Sales Growth 2.693%
Fiscal Year-end 12 / 2024 Employees 11,600
View SEC Filings

INGR Valuation

P/E Current 13.853
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 11.309
Price to Sales Ratio 0.891
Price to Book Ratio 2.00
Price to Cash Flow Ratio 6.879
Enterprise Value to EBITDA 6.532
Enterprise Value to Sales 1.142
Total Debt to Enterprise Value 0.258

INGR Efficiency

Revenue/Employee 703,448.276
Income Per Employee 55,431.034
Receivables Turnover 6.38
Total Asset Turnover 1.073

INGR Liquidity

Current Ratio 1.918
Quick Ratio 1.10
Cash Ratio 0.231

INGR Profitability

Gross Margin 24.473
Operating Margin 14.804
Pretax Margin 10.282
Net Margin 7.88
Return on Assets 8.459
Return on Equity 19.237
Return on Total Capital 10.827
Return on Invested Capital 12.055

INGR Capital Structure

Total Debt to Total Equity 67.863
Total Debt to Total Capital 40.428
Total Debt to Total Assets 31.418
Long-Term Debt to Equity 53.618
Long-Term Debt to Total Capital 31.941
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ingredion Inc. - INGR

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
5.99B 6.89B 7.95B 8.16B
Sales Growth
-3.58% +15.15% +15.26% +2.69%
Cost of Goods Sold (COGS) incl D&A
4.71B 5.56B 6.45B 6.16B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
213.00M 221.00M 215.00M 219.00M
Depreciation
183.00M 194.00M 189.00M 193.00M
Amortization of Intangibles
30.00M 27.00M 26.00M 26.00M
COGS Growth
-3.72% +17.99% +15.98% -4.48%
Gross Income
1.27B 1.33B 1.49B 2.00B
Gross Income Growth
-3.05% +4.64% +12.25% +33.67%
Gross Profit Margin
+21.25% +19.31% +18.80% +24.47%
2020 2021 2022 2023 5-year trend
SG&A Expense
628.00M 668.00M 715.00M 789.00M
Research & Development
43.00M 43.00M 52.00M 63.00M
Other SG&A
585.00M 625.00M 663.00M 726.00M
SGA Growth
+2.95% +6.37% +7.04% +10.35%
Other Operating Expense
- - (36.00M) (15.00M)
-
Unusual Expense
98.00M 387.00M 8.00M 172.00M
EBIT after Unusual Expense
582.00M 291.00M 771.00M 1.04B
Non Operating Income/Expense
6.00M 31.00M (8.00M) (83.00M)
Non-Operating Interest Income
- - - 6.00M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
82.00M 74.00M 95.00M 114.00M
Interest Expense Growth
-6.82% -9.76% +28.38% +20.00%
Gross Interest Expense
89.00M 78.00M 99.00M 117.00M
Interest Capitalized
7.00M 4.00M 4.00M 3.00M
Pretax Income
506.00M 248.00M 668.00M 839.00M
Pretax Income Growth
-13.06% -50.99% +169.35% +25.60%
Pretax Margin
+8.45% +3.60% +8.41% +10.28%
Income Tax
152.00M 123.00M 166.00M 188.00M
Income Tax - Current - Domestic
3.00M 4.00M 10.00M 11.00M
Income Tax - Current - Foreign
156.00M 180.00M 159.00M 183.00M
Income Tax - Deferred - Domestic
(19.00M) (59.00M) 4.00M 1.00M
Income Tax - Deferred - Foreign
12.00M (2.00M) (7.00M) (7.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
354.00M 125.00M 502.00M 651.00M
Minority Interest Expense
6.00M 8.00M 10.00M 8.00M
Net Income
348.00M 117.00M 492.00M 643.00M
Net Income Growth
-15.74% -66.38% +320.51% +30.69%
Net Margin Growth
+5.81% +1.70% +6.19% +7.88%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
348.00M 117.00M 492.00M 643.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
348.00M 117.00M 492.00M 643.00M
EPS (Basic)
5.1786 1.7437 7.432 9.7424
EPS (Basic) Growth
-16.11% -66.33% +326.22% +31.09%
Basic Shares Outstanding
67.20M 67.10M 66.20M 66.00M
EPS (Diluted)
5.1479 1.7257 7.3433 9.597
EPS (Diluted) Growth
-15.99% -66.48% +325.53% +30.69%
Diluted Shares Outstanding
67.60M 67.80M 67.00M 67.00M
EBITDA
893.00M 899.00M 994.00M 1.43B
EBITDA Growth
-5.40% +0.67% +10.57% +43.56%
EBITDA Margin
+14.92% +13.04% +12.51% +17.49%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 156.40
Number of Ratings 8 Current Quarters Estimate 2.544
FY Report Date 12 / 2024 Current Year's Estimate 10.547
Last Quarter’s Earnings 3.05 Median PE on CY Estimate N/A
Year Ago Earnings 9.42 Next Fiscal Year Estimate 11.12
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 4 6 6
Mean Estimate 2.54 2.58 10.55 11.12
High Estimates 2.60 2.78 10.60 11.35
Low Estimate 2.49 2.33 10.50 10.41
Coefficient of Variance 1.46 7.23 0.34 3.25

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 3
OVERWEIGHT 2 2 2
HOLD 4 3 3
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Ingredion Inc. - INGR

Date Name Shares Transaction Value
Oct 2, 2024 Eric Seip SVP, Global Ops and CSCO 5,172 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 11, 2024 Jorge Alberto Uribe Lopez Director 12,359 Bona fide gift 0.00
Jul 11, 2024 Jorge Alberto Uribe Lopez Director 4,685 Bona fide gift 0.00
Jun 4, 2024 James P. Zallie President and CEO; Director 79,697 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $82.28 per share 6,557,469.16
Jun 4, 2024 James P. Zallie President and CEO; Director 52,197 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $116.36 per share 6,073,642.92
Jun 4, 2024 James P. Zallie President and CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 15, 2024 James Derek Gray Executive VP and CFO 51,323 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $82.28 per share 4,222,856.44
May 15, 2024 Michael Leonard SVP, CIO & Head of Prot. Fort. 2,602 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $121.37 per share 315,804.74
May 15, 2024 James Derek Gray Executive VP and CFO 42,833 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $121.76 per share 5,215,346.08
May 15, 2024 James Derek Gray Executive VP and CFO 46,335 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $121.72 per share 5,639,896.20
May 15, 2024 James Derek Gray Executive VP and CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 10, 2024 Larry Fernandes SVP, Chief Comm & Sust Officer 31,217 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $82.28 per share 2,568,534.76
May 10, 2024 Larry Fernandes SVP, Chief Comm & Sust Officer 28,848 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $119.12 per share 3,436,373.76
May 10, 2024 Larry Fernandes SVP, Chief Comm & Sust Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 15, 2024 Jinghuai Xu SVP, Chief Innovation Officer 13,725 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 15, 2024 Tanya M. Jaeger de Foras Chief Legal Officer, Corp. Sec 150 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $117.04 per share 17,556.00
Mar 8, 2024 James P. Zallie President and CEO; Director 73,530 Other acquisition or disposition 0.00
Mar 8, 2024 James P. Zallie President and CEO; Director 55,399 Other acquisition or disposition 0.00
Mar 8, 2024 James P. Zallie President and CEO; Director 57,057 Other acquisition or disposition 0.00
Mar 6, 2024 Tanya M. Jaeger de Foras Chief Legal Officer, Corp. Sec 25 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $115.94 per share 2,898.50

Ingredion Inc. in the News