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.
Several price targets were given for INGR by the analysts covering the stock. The highest price target was 147, implying potential capital gains of 19.76 percent. The most pessimistic price target was 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -3.88 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.07 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.13 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
INGR has an estimated earnings growth rate of 18.57 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of INGR is 1.02.
In the last 52-weeks, INGR has achieved a high of 140.00 and a low of 113.07. Currently the stock is 8.56 percent higher than its low, and 12.32 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.