Ingredion (NYSE:INGR – Get Free Report) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 10.300-10.900 for the period, compared to the consensus estimate of 10.830. The company issued revenue guidance of -.
Ingredion Stock Performance
Shares of NYSE INGR traded up $0.12 during trading on Thursday, reaching $103.41. 190,856 shares of the company traded hands, compared to its average volume of 748,202. The firm has a 50 day simple moving average of $99.94 and a 200-day simple moving average of $108.22. Ingredion has a 52-week low of $94.44 and a 52-week high of $130.48. The stock has a market capitalization of $6.52 billion, a PE ratio of 11.30, a P/E/G ratio of 0.89 and a beta of 0.62. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.39.
Ingredion (NYSE:INGR – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.11. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.83 billion. Ingredion had a net margin of 8.21% and a return on equity of 15.40%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.87 EPS. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. Equities research analysts anticipate that Ingredion will post 10.7 earnings per share for the current year.
Ingredion Announces Dividend
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on INGR shares. UBS Group upped their price target on Ingredion from $104.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday. Zacks Research upgraded Ingredion from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Benchmark reissued a “buy” rating on shares of Ingredion in a report on Tuesday, June 9th. Oppenheimer downgraded shares of Ingredion from an “outperform” rating to a “market perform” rating in a report on Monday, June 8th. Finally, Weiss Ratings cut shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ingredion has a consensus rating of “Hold” and a consensus target price of $121.29.
Get Our Latest Analysis on Ingredion
Institutional Trading of Ingredion
Several institutional investors have recently modified their holdings of INGR. Vista Investment Management raised its holdings in shares of Ingredion by 0.8% in the 2nd quarter. Vista Investment Management now owns 10,789 shares of the company’s stock valued at $1,463,000 after purchasing an additional 89 shares in the last quarter. Teza Capital Management LLC boosted its holdings in Ingredion by 4.2% in the second quarter. Teza Capital Management LLC now owns 2,275 shares of the company’s stock valued at $309,000 after purchasing an additional 92 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Ingredion by 3.6% in the fourth quarter. Quadrant Capital Group LLC now owns 2,958 shares of the company’s stock valued at $326,000 after purchasing an additional 103 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Ingredion by 2.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 4,685 shares of the company’s stock valued at $572,000 after acquiring an additional 116 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its holdings in shares of Ingredion by 4.9% during the second quarter. Balyasny Asset Management L.P. now owns 2,640 shares of the company’s stock worth $358,000 after purchasing an additional 123 shares during the last quarter. Institutional investors and hedge funds own 85.27% of the company’s stock.
About Ingredion
Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.
The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.
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