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After finishing at $134.73 in the prior trading day, Ingredion Inc (NYSE: INGR) closed at $127.13, down -5.64%. In other words, the price has decreased by -$5.64 from its previous closing price. On the day, 1.13 million shares were traded. INGR stock price reached its highest trading level at $132.71 during the session, while it also had its lowest trading level at $124.54.
Ratios:
Our goal is to gain a better understanding of INGR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 2.67. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on August 09, 2024, Upgraded its rating to Overweight and sets its target price to $145 from $122 previously.
On February 15, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $122 to $135.
On September 29, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $120.Oppenheimer initiated its Outperform rating on September 29, 2023, with a $120 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 12 ’24 when Uribe Jorge A. sold 1 shares for $145.55 per share. The transaction valued at 128 led to the insider holds 12,737 shares of the business.
Gray James D sold 54,869 shares of INGR for $8,052,689 on Nov 29 ’24. The Executive VP and CFO now owns 12,795 shares after completing the transaction at $146.76 per share. On Nov 29 ’24, another insider, Gray James D, who serves as the Officer of the company, bought 54,869 shares for $146.76 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INGR now has a Market Capitalization of 8199884800 and an Enterprise Value of 9760688128. As of this moment, Ingredion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.40, and their Forward P/E ratio for the next fiscal year is 10.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 1.293 whereas that against EBITDA is 8.35.
Stock Price History:
The Beta on a monthly basis for INGR is 0.75, which has changed by 0.21729314 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, INGR has reached a high of $155.44, while it has fallen to a 52-week low of $107.40. The 50-Day Moving Average of the stock is -8.91%, while the 200-Day Moving Average is calculated to be -1.88%.
Shares Statistics:
The stock has traded on average 535.53K shares per day over the past 3-months and 540980 shares per day over the last 10 days, according to various share statistics. A total of 65.10M shares are outstanding, with a floating share count of 64.56M. Insiders hold about 0.91% of the company’s shares, while institutions hold 87.98% stake in the company. Shares short for INGR as of 1736899200 were 1238263 with a Short Ratio of 2.31, compared to 1734048000 on 1004534. Therefore, it implies a Short% of Shares Outstanding of 1238263 and a Short% of Float of 2.17.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.82. The current Payout Ratio is 31.05% for INGR, which recently paid a dividend on 2025-01-02 with an ex-dividend date of 1735776000. Stock splits for the company last occurred on 2005-01-26 when the company split stock in a 2:1 ratio.
