Ingredion Inc (INGR) kicked off at the price of $127.13: Venture capitalists have an exciting new opportunity

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Ingredion Inc (NYSE: INGR) on Tuesday, plunged -5.64% from the previous trading day, before settling in for the closing price of $134.73. Within the past 52 weeks, INGR’s price has moved between $107.40 and $155.44.

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Consumer Defensive Sector giant saw their annual sales surged by 7.38% over the last five years. The company achieved an average annual earnings per share of 5.03%. With a float of $64.56 million, this company’s outstanding shares have now reached $65.10 million.

The firm has a total of 11600 workers. Let’s measure their productivity. In terms of profitability, gross margin is 24.87%, operating margin of 14.42%, and the pretax margin is 12.65%.

Ingredion Inc (INGR) Breakdown of a Key Holders of the stock

Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Ingredion Inc is 0.91%, while institutional ownership is 87.98%. The most recent insider transaction that took place on Dec 12 ’24, was worth 128. In this transaction Director of this company sold 1 shares at a rate of $145.55, taking the stock ownership to the 12,737 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Executive VP and CFO sold 54,869 for $146.76, making the entire transaction worth $8,052,689. This insider now owns 12,795 shares in total.

Ingredion Inc (INGR) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.95 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 5.03% per share during the next fiscal year.

Ingredion Inc (NYSE: INGR) Trading Performance Indicators

Ingredion Inc (INGR) is currently performing well based on its current performance indicators. A quick ratio of 1.69 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.10. Likewise, its price to free cash flow for the trailing twelve months is 7.16.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.25, a number that is poised to hit 2.57 in the next quarter and is forecasted to reach 11.65 in one year’s time.

Technical Analysis of Ingredion Inc (INGR)

Analysing the last 5-days average volume posted by the [Ingredion Inc, INGR], we can find that recorded value of 0.73 million was better than the volume posted last year of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 33.23%. Additionally, its Average True Range was 3.01.

During the past 100 days, Ingredion Inc’s (INGR) raw stochastic average was set at 8.38%, which indicates a significant decrease from 18.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.47% in the past 14 days, which was lower than the 29.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $139.56, while its 200-day Moving Average is $129.56. Now, the first resistance to watch is $131.71. This is followed by the second major resistance level at $136.30. The third major resistance level sits at $139.88. If the price goes on to break the first support level at $123.54, it is likely to go to the next support level at $119.96. Now, if the price goes above the second support level, the third support stands at $115.37.

Ingredion Inc (NYSE: INGR) Key Stats

Market capitalization of the company is 8.28 billion based on 65,158K outstanding shares. Right now, sales total 8,160 M and income totals 643,000 K. The company made 1,870 M in profit during its latest quarter, and 188,000 K in sales during its previous quarter.