Ingredion (NYSE:INGR) Updates FY 2025 Earnings Guidance

Ingredion (NYSE:INGR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 10.750-11.550 for the period, compared to the consensus estimate of 11.200. The company issued revenue guidance of -.

Ingredion Stock Down 7.0 %

Shares of INGR traded down $9.48 during mid-day trading on Tuesday, reaching $125.25. 392,131 shares of the stock traded hands, compared to its average volume of 507,782. The stock has a fifty day simple moving average of $139.51 and a 200 day simple moving average of $135.94. Ingredion has a 12-month low of $107.40 and a 12-month high of $155.44. The company has a quick ratio of 1.69, a current ratio of 2.67 and a debt-to-equity ratio of 0.44. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of 12.24, a P/E/G ratio of 1.11 and a beta of 0.74.

Ingredion (NYSE:INGR) last released its quarterly earnings data on Tuesday, February 4th. The company reported $2.63 earnings per share for the quarter, topping the consensus estimate of $2.54 by $0.09. Ingredion had a net margin of 9.05% and a return on equity of 17.75%. Sell-side analysts expect that Ingredion will post 10.59 EPS for the current fiscal year.

Ingredion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 21st. Stockholders of record on Thursday, January 2nd were given a dividend of $0.80 per share. The ex-dividend date was Thursday, January 2nd. This represents a $3.20 annualized dividend and a dividend yield of 2.55%. Ingredion’s dividend payout ratio is presently 31.22%.

Wall Street Analyst Weigh In

INGR has been the subject of several recent analyst reports. UBS Group increased their price objective on shares of Ingredion from $165.00 to $173.00 and gave the company a “buy” rating in a report on Friday, November 15th. BMO Capital Markets raised their price objective on Ingredion from $128.00 to $147.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 6th. Barclays boosted their target price on Ingredion from $145.00 to $168.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. Stephens raised Ingredion to a “hold” rating in a research note on Monday, December 2nd. Finally, Oppenheimer increased their target price on Ingredion from $147.00 to $178.00 and gave the company an “outperform” rating in a research note on Wednesday, November 6th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Ingredion has a consensus rating of “Moderate Buy” and an average price target of $155.17.

Insider Buying and Selling at Ingredion

In other Ingredion news, SVP Larry Fernandes sold 4,700 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $153.41, for a total transaction of $721,027.00. Following the completion of the sale, the senior vice president now owns 29,034 shares of the company’s stock, valued at approximately $4,454,105.94. This represents a 13.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO James D. Gray sold 54,869 shares of Ingredion stock in a transaction on Friday, November 29th. The stock was sold at an average price of $146.76, for a total transaction of $8,052,574.44. Following the transaction, the chief financial officer now directly owns 12,795 shares of the company’s stock, valued at $1,877,794.20. This represents a 81.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,692 shares of company stock valued at $9,634,868 in the last quarter. 1.80% of the stock is currently owned by insiders.

About Ingredion

Ingredion Incorporated, together with its subsidiaries, manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa.