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.

Several price targets were given for NGVT by the analysts covering the stock. The most optimistic price target was 71, which equates to a potential upside of 21.12 percent. The most pessimistic analyst gave a price target of 53, which equates to a potential downside of -9.59 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 1.44 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of NGVT's earnings is estimated by analysts to be 120.17 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. NGVT has a PEG ratio of 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 below the high by 9.84 percent. 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 market cap of NGVT is $2.47 billion. NGVT's next earnings release will be on 0000-00-00, which is days away.