Ingredion Incorporated (INGR)
NYSE: INGR · Real-Time Price · USD
137.51
+2.32 (1.72%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Ingredion Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Ingredion stock have an average target of 137.33, with a low estimate of 128 and a high estimate of 148. The average target predicts a decrease of -0.13% from the current stock price of 137.51.
Analyst Consensus: Buy
* Price targets were last updated on Aug 15, 2024.
Analyst Ratings
The average analyst rating for Ingredion stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $141 → $148 | Strong Buy | Maintains | $141 → $148 | +7.63% | Aug 15, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $122 → $145 | Hold → Buy | Upgrades | $122 → $145 | +5.45% | Aug 9, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $120 → $128 | Hold | Maintains | $120 → $128 | -6.92% | Aug 7, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $126 → $138 | Buy | Maintains | $126 → $138 | +0.36% | Aug 7, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $117 → $120 | Hold | Maintains | $117 → $120 | -12.73% | May 9, 2024 |
Financial Forecast
Revenue This Year
7.82B
from 8.16B
Decreased by -4.23%
Revenue Next Year
7.86B
from 7.82B
Increased by 0.52%
EPS This Year
10.17
from 9.60
Increased by 5.97%
EPS Next Year
10.82
from 10.17
Increased by 6.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.2B | 8.3B | 8.5B | ||
| Avg | 7.8B | 7.9B | 8.0B | ||
| Low | 7.4B | 7.1B | 7.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.6% | 5.8% | 8.8% | ||
| Avg | -4.2% | 0.5% | 2.4% | ||
| Low | -9.3% | -8.6% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.68 | 11.73 | 12.90 | ||
| Avg | 10.17 | 10.82 | 11.50 | ||
| Low | 9.57 | 9.79 | 9.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.2% | 15.3% | 19.3% | ||
| Avg | 6.0% | 6.4% | 6.3% | ||
| Low | -0.3% | -3.8% | -10.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.