Ingredion Inc (NYSE: INGR) kicked off on Friday, down -5.60% from the previous trading day, before settling in for the closing price of $149.19. Over the past 52 weeks, INGR has traded in a range of $100.90-$155.44.
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A company in the Consumer Defensive sector has jumped its sales by 5.65% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 11.11%. With a float of $64.56 million, this company’s outstanding shares have now reached $65.20 million.
In an organization with 11600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 24.87%, operating margin of 14.42%, and the pretax margin is 12.65%.
Ingredion Inc (INGR) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of Ingredion Inc is 0.91%, while institutional ownership is 87.43%. The most recent insider transaction that took place on Nov 06 ’24, was worth 721,027. In this transaction SVP, Chief Comm & Sust Officer of this company sold 4,700 shares at a rate of $153.41, taking the stock ownership to the 29,034 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 4,700 for $153.41, making the entire transaction worth $721,027.
Ingredion Inc (INGR) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.97 earnings per share (EPS), higher than consensus estimate (set at 1.87) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to 9.24% growth over the previous five years of trading.
Ingredion Inc (NYSE: INGR) Trading Performance Indicators
Take a look at Ingredion Inc’s (INGR) current performance indicators. Last quarter, stock had a quick ratio of 1.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.15. Likewise, its price to free cash flow for the trailing twelve months is 7.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.25, a number that is poised to hit 2.53 in the next quarter and is forecasted to reach 11.06 in one year’s time.
Technical Analysis of Ingredion Inc (INGR)
Let’s dig in a bit further. During the last 5-days, its volume was 0.53 million. That was better than the volume of 0.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 51.21%. Additionally, its Average True Range was 3.40.
During the past 100 days, Ingredion Inc’s (INGR) raw stochastic average was set at 66.72%, which indicates a significant increase from 36.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.58% in the past 14 days, which was higher than the 29.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $137.55, while its 200-day Moving Average is $123.01. However, in the short run, Ingredion Inc’s stock first resistance to watch stands at $146.63. Second resistance stands at $152.43. The third major resistance level sits at $155.85. If the price goes on to break the first support level at $137.42, it is likely to go to the next support level at $134.00. Assuming the price breaks the second support level, the third support level stands at $128.20.
Ingredion Inc (NYSE: INGR) Key Stats
The company with the Market Capitalisation of 8.66 billion has total of 65,158K Shares Outstanding. Its annual sales at the moment are 8,160 M in contrast with the sum of 643,000 K annual income. Company’s last quarter sales were recorded 1,870 M and last quarter income was 188,000 K.