Ingredion Incorporated (INGR)

Market Cap	7.42B
Revenue (ttm)	8.16B
Net Income (ttm)	643.00M
Shares Out	65.56M
EPS (ttm)	9.60
PE Ratio	11.70
Forward PE	11.40
Dividend	$3.12 (2.76%)
Ex-Dividend Date	Mar 28, 2024

Volume	61,949
Open	112.36
Previous Close	112.33
Day's Range	112.20 - 113.38
52-Week Range	89.54 - 118.83
Beta	0.81
Analysts	Buy
Price Target	126.67 (+11.87%)
Earnings Date	May 8, 2024

About INGR

Ingredion Incorporated, together with its subsidiaries, manufactures 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 bio...

• Industry: Packaged Foods
• Sector: Consumer Staples
• IPO Date: Dec 11, 1997
• Employees: 11,600
• Stock Exchange: NYSE
• Ticker Symbol: INGR

Financial Performance

In 2023, Ingredion's revenue was $8.16 billion, an increase of 2.69% compared to the previous year's $7.95 billion. Earnings were $643.00 million, an increase of 30.69%.

Analyst Forecast

According to 6 analysts, the average rating for INGR stock is "Buy." The 12-month stock price forecast is $126.67, which is an increase of 11.87% from the latest price.

Price Target

$126.67

(11.87% upside)

Analyst Consensus: Buy