The price of Ingredion Inc (NYSE:INGR) shares last traded on Wall Street rose 1.26% to $129.73.
INGR stock price is now -0.69% away from the 50-day moving average and -2.65% away from the 200-day moving average. The market capitalization of the company currently stands at $8.34B.
With the price target maintained at $145, UBS recently Downgraded its rating from Buy to Neutral for Ingredion Inc (NYSE: INGR). On August 09, 2024, Barclays Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $122 to quote $145, while ‘Goldman’ rates the stock as ‘Buy’
In other news, Uribe Jorge A., Director sold 0 shares of the company’s stock on Mar 31 ’25. The stock was sold for $43 at an average price of $132.66. Upon completion of the transaction, the Director now directly owns 12,851 shares in the company, valued at $1.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, President and CEO Zallie James P. sold 10,815 shares of the business’s stock. A total of $1,361,349 was realized by selling the stock at an average price of $125.88. This leaves the insider owning 34,127 shares of the company worth $4.43 million. A total of 0.94% of the company’s stock is owned by insiders.
During the past 12 months, Ingredion Inc has had a low of $110.63 and a high of $155.44. As of last week, the company has a debt-to-equity ratio of 0.53, a current ratio of 2.62, and a quick ratio of 1.69. According to the stock market information, the enterprise value for the company is $9379840000, which is based on a 13.37 price-to-earnings ratio, a 3.58 price-to-earnings-growth ratio, and a beta of 0.73. The fifty day moving average price for INGR is $130.6248 and a two-hundred day moving average price translates $133.26135 for the stock.
The latest earnings results from Ingredion Inc (NYSE: INGR) was released for 2024-12-31. The net profit margin was 8.71% and return on equity was 17.62% for INGR. The company reported revenue of $1.8 billion for the quarter, compared to $1.92 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.3 percent.
