Analyst Ratings for Ingevity Corp. (NGVT)Updated: 2017-07-28
Analysts covering Ingevity Corp. (NYSE:NGVT) have given it a consensus rating of Overweight. Last month, NGVT received an average rating of Overweight.
5 analysts declared NGVT a buy, 0 gave an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for NGVT. The highest price target was 71, implying potential capital gains of 21.12 percent. The most pessimistic price target was 53, which equates to a potential downside of -9.59 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.44 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.69 percent.
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, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of NGVT to grow at a rate of 120.17 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of NGVT is 0.46.
In the last 52-weeks, NGVT has achieved a high of 65.02 and a low of 37.32. Today's price is 57.07 percent above the 52-week low, and 9.84 percent lower than its 52-week high. NGVT has a P/E ratio of 55.35. Investors typically compare the P/E ratio to a company's peers in the industry. The NGVT value stock report compares NGVT to some of its peers using value stock charts. The stock has a market capitalization of $2.47 billion. NGVT will post this quarters earnings in days, on 0000-00-00.