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.
INGR was given price targets by several analysts. The maximum price target given was 147, implying a possible profit of 19.76 percent. The most pessimistic price target was 108, implying a possible loss of -12.02 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -3.88 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.07 percent, as compared to a month ago. 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 made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
INGR has an estimated earnings growth rate of 18.57 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. INGR has a PEG ratio of 1.02.
In the last 52-weeks, INGR has achieved a high of 140.00 and a low of 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 P/E 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 market cap of INGR is $8.8 billion. INGR's next earnings release will be on 0000-00-00, which is days away.