Analyst Ratings for Ingredion Inc. (INGR)Updated: 2017-07-29
An average rating of Overweight has been given to Ingredion Inc. (NYSE:INGR) by analysts covering the stock. Last month, INGR received an average rating of Overweight.
4 analysts declared INGR a buy, 0 issued an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for INGR. The maximum price target given was 147, implying potential capital gains of 19.76 percent. The most pessimistic analyst gave a price target of 108, which equates to a potential downside of -12.02 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.88 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.07 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.13 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
INGR has an estimated earnings growth rate of 18.57 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of INGR is 1.02.
In the trailing 52-weeks, INGR hit 140.00 at the highest peak, while it's lowest trading point was 113.07. Today's price is 8.56 percent above the 52-week low, and below the high by 12.32 percent. INGR has a price/earnings ratio of 19.03. Investors typically compare the P/E ratio to a company's peers in the industry. The INGR value stock report compares INGR to some of its peers using value stock charts. The stock has a market capitalization of $8.8 billion. INGR's next earnings release will be on 0000-00-00, which is days away.