INGR - Ingredion Inc Stock Price, Fair Value and News

119.63+0.75 (+0.63%)Market Closed

Market Summary

119.63+0.75

Market Closed

0.63%

INGR Alerts

1 major insider sales recently.

Big fall in Revenue (Y/Y)

INGR Stock Price

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INGR RSI Chart

INGR Valuation

Market Cap

7.9B

Price/Earnings (Trailing)

11.75

Price/Sales (Trailing)

0.99

EV/EBITDA

7.82

Price/Free Cashflow

7.76

INGR Price/Sales (Trailing)

INGR Profitability

EBT Margin

10.83%

Return on Equity

17.86%

Return on Assets

9.13%

Free Cashflow Yield

12.89%

INGR Fundamentals

INGR Revenue

Revenue (TTM)

7.9B

Rev. Growth (Yr)

-11.93%

Rev. Growth (Qtr)

-2.03%

INGR Earnings

Earnings (TTM)

668.0M

Earnings Growth (Yr)

13.09%

Earnings Growth (Qtr)

64.89%

Breaking Down INGR Revenue

Last 7 days

-0.5%

Last 30 days

7.5%

Last 90 days

4.8%

Trailing 12 Months

7.5%

How does INGR drawdown profile look like?

INGR Financial Health

Current Ratio

2.44

Debt/Equity

0.47

Debt/Cashflow

0.76

INGR Investor Care

Dividend Yield

2.27%

Dividend/Share (TTM)

2.72

Buy Backs (1Y)

0.56%

Diluted EPS (TTM)

9.98

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	7.9B	0	0	0
2023	8.2B	8.2B	8.2B	8.2B
2022	7.2B	7.5B	7.7B	7.9B
2021	6.1B	6.5B	6.7B	6.9B
2020	6.2B	6.0B	5.9B	6.0B
2019	6.2B	6.2B	6.2B	6.2B
2018	6.0B	6.1B	6.2B	6.3B
2017	6.0B	6.0B	5.9B	5.8B
2016	6.0B	6.0B	6.0B	6.0B
2015	6.0B	5.9B	5.9B	6.0B
2014	6.4B	6.3B	444.0M	6.0B
2013	6.9B	6.9B	6.8B	6.7B
2012	6.7B	6.7B	6.8B	6.9B
2011	5.2B	5.8B	6.4B	6.5B
2010	4.0B	4.1B	4.2B	4.6B
2009	0	4.1B	4.0B	3.9B
2008	0	0	0	4.2B

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Expensive Stocks: $8,224

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Tracking the Latest Insider Buys and Sells of Ingredion Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	fernandes larry	acquired	194,921	82.28	2,369	svp, chief comm & sust officer
May 09, 2024	fernandes larry	sold	-282,183	119	-2,369	svp, chief comm & sust officer
Apr 10, 2024	uribe jorge a.	gifted	-	-	-277	-
Apr 10, 2024	uribe jorge a.	gifted	-	-	277	-
Mar 29, 2024	kenny gregory b	acquired	40,000	116	342	-
Mar 29, 2024	uribe jorge a.	sold	-83.6243	116	-0.7159	-
Mar 29, 2024	wilson dwayne andree	acquired	40,000	116	342	-
Mar 29, 2024	uribe jorge a.	sold (taxes)	-7,560	116	-64.7205	-
Mar 29, 2024	verduin patricia	acquired	39,949	116	342	-
Mar 29, 2024	uribe jorge a.	acquired	40,000	116	342	-

Which funds bought or sold INGR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-3.68	238,381	6,675,900	0.03%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-13.97	-102,625	1,288,620	-%
May 16, 2024	Tidal Investments LLC	added	35.22	725,969	2,318,540	0.04%
May 16, 2024	Redwood Investment Management, LLC	sold off	-100	-1,404,000	-	-%
May 16, 2024	HANCOCK WHITNEY CORP	reduced	-5.53	13,469	798,791	0.03%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.73	32,144	7,703,800	0.01%
May 16, 2024	Global Financial Private Client, LLC	reduced	-78.26	-9,550	2,931	-%
May 15, 2024	FIRST MANHATTAN CO. LLC.	reduced	-2.2	2,065,010	41,073,900	0.13%
May 15, 2024	Point72 (DIFC) Ltd	new	-	16,307	16,307	-%
May 15, 2024	WELLINGTON MANAGEMENT GROUP LLP	added	254	589,049	797,969	-%

Are Funds Buying or Selling INGR?

Are funds buying INGR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own INGR

No. of Funds

Unveiling Ingredion Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.92%	7,773,126	SC 13G/A
Jan 24, 2024	blackrock inc.	9.5%	6,224,071	SC 13G/A
Feb 09, 2023	vanguard group inc	11.26%	7,379,241	SC 13G/A
Jan 24, 2023	blackrock inc.	9.4%	6,165,517	SC 13G/A
Feb 01, 2022	blackrock inc.	8.5%	5,683,001	SC 13G/A
Oct 12, 2021	vanguard group inc	10.00%	6,701,732	SC 13G/A
Feb 10, 2021	vanguard group inc	9.15%	6,126,244	SC 13G/A
Jan 29, 2021	blackrock inc.	8.7%	5,825,821	SC 13G/A
Feb 12, 2020	vanguard group inc	9.56%	6,384,990	SC 13G/A
Feb 04, 2020	blackrock inc.	10.6%	7,069,576	SC 13G/A

Recent SEC filings of Ingredion Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	144	Notice of Insider Sale Intent
May 16, 2024	144	Notice of Insider Sale Intent
May 16, 2024	4	Insider Trading
May 16, 2024	8-K	Current Report
May 14, 2024	144	Notice of Insider Sale Intent
May 14, 2024	3	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 13, 2024	144	Notice of Insider Sale Intent
May 09, 2024	10-Q	Quarterly Report

Peers (Alternatives to Ingredion Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADM	30.5B	91.7B	1.99%	-15.35%	10.02	0.33	-10.07%	-31.73%
BG	15.0B	61.3B	-2.21%	16.07%	7.7	0.25	-8.91%	30.43%
CAG	14.7B	12.1B	1.62%	-14.16%	15.43	1.21	-0.78%	18.26%
CPB	13.8B	9.3B	7.27%	-12.09%	18.08	1.49	1.02%	-5.78%
ACI	11.9B	79.2B	0.88%	1.68%	9.19	0.15	2.05%	-14.37%
MID-CAP
BRBR	7.5B	1.8B	5.71%	59.23%	39.11	4.06	23.06%	29.48%
FRPT	6.1B	823.2M	20.41%	92.18%	627.36	7.45	30.53%	114.65%
FLO	5.2B	5.1B	4.80%	-15.22%	41.05	1.01	4.66%	-41.11%
CENT	3.0B	3.3B	17.04%	57.25%	20.35	0.91	1.49%	31.18%
CALM	2.8B	2.4B	-3.61%	21.31%	10.29	1.19	-22.17%	-63.60%
SMALL-CAP
ANDE	1.8B	13.6B	-9.19%	34.04%	14.42	0.13	-21.14%	9.65%
BGS	743.1M	2.0B	-11.49%	-26.60%	-6.76	0.37	-5.45%	-247.51%
BYND	467.2M	326.7M	11.98%	-36.95%	-1.4	1.43	-18.66%	-2.70%
ALCO	208.0M	103.1M	2.36%	17.74%	5.21	2.02	56.46%	236.17%
AQB	7.1M	2.6M	5.71%	277.55%	-0.22	2.8	-0.77%	-36.97%

Ingredion Inc News

Latest updates

Ingredion Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.0%	1,882	1,921	2,033	2,069	2,137	1,987	2,023	2,044	1,892	1,755	1,763	1,762	1,614	1,593	1,502	1,349	1,543	1,549	1,574	1,550	1,536
Gross Profit	4.3%	417	400	421	441	487	351	374	390	379	290	323	367	351	352	326	271	323	323	344	329	316
EBITDA Margin	4.7%	0.15*	0.14*	0.13*	0.13*	0.13*	0.12*	0.12*	0.12*	0.13*	0.08*	0.09*	0.09*	-	-	-	-	-	-	-	-	-
Income Taxes	34.9%	58.00	43.00	25.00	55.00	65.00	9.00	52.00	51.00	54.00	10.00	34.00	24.00	55.00	27.00	40.00	27.00	58.00	38.00	38.00	45.00	37.00
Earnings Before Taxes	56.8%	276	176	185	219	259	124	161	196	187	78.00	153	205	-188	143	133	94.00	136	151	140	152	139
EBT Margin	5.3%	0.11*	0.10*	0.10*	0.09*	0.09*	0.08*	0.08*	0.08*	0.09*	0.04*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	64.9%	216	131	158	163	191	114	106	142	130	67.00	118	178	-246	115	92.00	66.00	75.00	109	99.00	105	100
Net Income Margin	7.2%	0.08*	0.08*	0.08*	0.07*	0.07*	0.06*	0.06*	0.06*	0.07*	0.02*	0.02*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	-56.0%	144	327	289	252	-127	-25.00	25.00	-11.00	-137	36.00	44.00	55.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-4.2%	7,319	7,642	7,549	7,600	7,645	7,561	7,403	7,389	7,435	6,999	6,986	7,098	6,803	6,858	6,464	6,611	5,952	6,040	6,095	5,998	5,932
Current Assets	-8.1%	3,125	3,399	3,289	3,311	3,402	3,309	3,268	3,177	3,129	2,697	2,733	2,813	2,610	2,647	2,430	2,820	2,188	2,160	2,342	2,215	2,170
Cash Equivalents	9.2%	438	401	335	257	216	236	294	318	324	328	434	542	576	665	553	1,047	278	264	443	297	255
Inventory	-7.3%	1,344	1,450	1,502	1,618	1,663	1,597	1,500	1,403	1,306	1,172	1,093	1,054	950	917	908	859	857	861	879	865	862
Net PPE	-1.5%	2,334	2,370	2,401	2,414	2,397	2,407	2,308	2,375	2,446	2,423	2,369	2,386	2,355	2,455	2,354	2,231	2,208	2,306	2,226	2,232	2,208
Goodwill	-0.9%	910	918	-	-	-	-	-	-	-	-	916	913	899	902	841	791	787	801	795	801	815
Liabilities	-12.5%	3,494	3,992	4,082	4,125	4,280	4,299	4,224	4,121	4,021	3,774	3,783	4,156	4,049	3,786	3,593	-	-	3,268	-	-	-
Current Liabilities	-27.6%	1,283	1,772	1,668	1,720	1,892	1,882	1,949	1,845	1,721	1,512	1,457	1,101	1,380	1,458	955	1,282	937	967	957	894	901
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77.00	82.00	81.00	107	153
Long Term Debt	0%	1,740	1,740	1,940	1,939	1,938	1,940	1,739	1,739	1,739	1,738	1,748	2,129	1,749	1,748	2,115	2,140	1,871	1,766	2,001	1,946	1,957
LT Debt, Non Current	-100.0%	-	1,740	1,940	1,939	1,938	1,940	1,739	1,739	1,739	1,738	1,748	2,129	1,749	1,748	2,115	2,140	1,871	1,766	2,001	1,946	1,957
Shareholder's Equity	5.7%	3,740	3,538	3,364	1.00	4,354	3,147	87.00	1,133	3,986	48.00	3,084	1,154	1,155	42.00	2,744	20.00	1.00	2,720	2,593	1.00	1.00
Retained Earnings	3.5%	4,818	4,654	4,575	4,469	4,354	4,210	4,143	4,085	3,986	3,899	3,877	3,802	3,667	3,957	3,884	3,836	3,813	3,780	3,713	3,656	3,594
Additional Paid-In Capital	0%	1,146	1,146	1,143	1,142	1,133	1,132	1,133	1,133	1,160	1,158	1,155	1,154	1,155	1,150	1,145	1,143	1,142	1,137	1,137	1,138	1,137
Accumulated Depreciation	0.5%	3,444	3,428	3,455	3,434	3,369	3,326	3,256	3,279	3,304	3,232	3,225	3,225	3,165	3,175	3,087	3,039	2,979	3,056	3,016	3,008	2,963
Shares Outstanding	-0.5%	66.00	66.00	66.00	66.00	66.00	66.00	66.00	67.00	67.00	67.00	67.00	67.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20.00	21.00	21.00	19.00	16.00	22.00
Float	-	-	-	-	6,990	-	-	-	5,794	-	-	-	6,055	-	-	-	5,551	-	-	-	5,477	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-49.0%	209	410	368	330	-51.00	72.00	84.00	48.00	-52.00	133	130	107	22.00	267	268	229	65.00	190	237	235	18.00
Cashflow From Investing	308.0%	181	-87.00	-82.00	-79.00	-81.00	-118	-66.00	-60.00	-76.00	-97.00	-81.00	-93.00	-64.00	-111	-282	-82.00	-96.00	-96.00	-73.00	-87.00	-118
Cashflow From Financing	-29.5%	-347	-268	-204	-210	113	-19.00	-23.00	26.00	119	-137	-142	-54.00	-40.00	-59.00	-481	621	62.00	-278	-11.00	-103	28.00
Dividend Payments	-100.0%	-	51.00	48.00	48.00	47.00	48.00	43.00	47.00	43.00	46.00	45.00	50.00	43.00	46.00	45.00	45.00	42.00	43.00	44.00	45.00	42.00
Buy Backs	-Infinity%	-1.00	-	-101	-	-	-	-29.00	-44.00	-39.00	-	-44.00	-10.00	-14.00	-	-	-	-	3.00	-	-	63.00

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INGR Income Statement

2024-03-31

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 1,882	$ 2,137
Cost of sales	1,465	1,650
Gross profit	417	487
Operating expenses	189	187
Other operating expense	12	9
Restructuring/impairment charges	3	0
Operating income	213	291
Financing costs	19	32
Net gain on sale of business	(82)	0
Income before income taxes	276	259
Provision for income taxes	58	65
Net income	218	194
Less: Net income attributable to non-controlling interests	2	3
Net income attributable to Ingredion	$ 216	$ 191
Weighted average common shares outstanding:
Basic (in shares)	65.7	66.1
Diluted (in shares)	66.8	67.1
Earnings per common share of Ingredion:
Basic (in dollars per share)	$ 3.29	$ 2.89
Diluted (in dollars per share)	$ 3.23	$ 2.85

INGR Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 438	$ 401
Short-term investments	7	8
Accounts receivable, net	1,284	1,279
Inventories	1,344	1,450
Prepaid expenses and assets held for sale	52	261
Total current assets	3,125	3,399
Property, plant and equipment, net of accumulated depreciation of $3,444 and $3,428	2,334	2,370
Intangible assets, net of accumulated amortization of $305 and $299	1,286	1,303
Other non-current assets	574	570
Total assets	7,319	7,642
Current liabilities:
Short-term borrowings	141	448
Accounts payable	659	778
Accrued liabilities and liabilities held for sale	483	546
Total current liabilities	1,283	1,772
Long-term debt	1,740	1,740
Other non-current liabilities	471	480
Total liabilities	3,494	3,992
Share-based payments subject to redemption	43	55
Redeemable non-controlling interests	42	43
Ingredion stockholders’ equity:
Preferred stock — authorized 25.0 shares — $0.01 par value, none issued	0	0
Common stock — authorized 200.0 shares — $0.01 par value, 77.8 shares issued at March 31, 2024 and December 31, 2023	1	1
Additional paid-in capital	1,146	1,146
Less: Treasury stock (common stock: 12.2 and 12.6 shares at March 31, 2024 and December 31, 2023) at cost	(1,179)	(1,207)
Accumulated other comprehensive loss	(1,062)	(1,056)
Retained earnings	4,818	4,654
Total Ingredion stockholders’ equity	3,724	3,538
Non-redeemable non-controlling interests	16	14
Total stockholders' equity	3,740	3,552
Total liabilities and stockholders' equity	$ 7,319	$ 7,642

About Ingredion Inc

Ingredion Incorporated, together with its subsidiaries, produces and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. The company offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, fiber retention, oil and grease resistance, improved printability, and biochemical oxygen demand control; starches and specialty starches for textile industry; industrial starches are used in the production of construction materials, textiles, adhesives, pharmaceuticals, and cosmetics, as well as in mining and water filtration; and specialty industrial starches for use in biomaterial applications, including biodegradable plastics, fabric softeners and detergents, hair and skin care applications, dusting powders for surgical gloves, and in the production of glass fiber and insulation. It also provides sweetener products comprising glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, glucose syrup solids, and non-genetically modified organism syrups for use in food and beverage products, such as baked goods, snack foods, canned fruits, condiments, candy and other sweets, dairy products, ice cream, jams and jellies, prepared mixes, table syrups, soft drinks, fruit-flavored drinks, and others. In addition, the company refined corn oil, corn gluten feed, and corn gluten meal; and other products, including fruit and vegetable products, such as concentrates, purees, and essences, as well as pulse proteins and hydrocolloids systems and blends. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

CEO	Mr. James P. Zallie
WEBSITE	ingredion.com
INDUSTRY	Packaged Foods
EMPLOYEES	11700

Ingredion Inc Frequently Asked Questions

What is the ticker symbol for Ingredion Inc? What does INGR stand for in stocks?

INGR is the stock ticker symbol of Ingredion Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ingredion Inc (INGR)?

As of Fri May 17 2024, market cap of Ingredion Inc is 7.85 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of INGR stock?

You can check INGR's fair value in chart for subscribers.

What is the fair value of INGR stock?

You can check INGR's fair value in chart for subscribers. The fair value of Ingredion Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ingredion Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for INGR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ingredion Inc a good stock to buy?

The fair value guage provides a quick view whether INGR is over valued or under valued. Whether Ingredion Inc is cheap or expensive depends on the assumptions which impact Ingredion Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for INGR.

What is Ingredion Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, INGR's PE ratio (Price to Earnings) is 11.75 and Price to Sales (PS) ratio is 0.99. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. INGR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ingredion Inc's stock?

In the past 10 years, Ingredion Inc has provided 0.072 (multiply by 100 for percentage) rate of return.