Ingredion Incorporated (INGR)

Market Cap	6.89B
Revenue (ttm)	8.23B
Net Income (ttm)	626.00M
Shares Out	65.19M
EPS (ttm)	9.34
PE Ratio	11.36
Forward PE	11.29
Dividend	$3.12 (2.94%)
Ex-Dividend Date	Sep 29, 2023

Volume	198,402
Open	106.02
Previous Close	105.75
Day's Range	105.28 - 106.70
52-Week Range	89.54 - 113.46
Beta	0.82
Analysts	Buy
Price Target	120.50 (+13.56%)
Earnings Date	Nov 7, 2023

About INGR

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 biochem...

• Industry: Packaged Foods
• Sector: Consumer Staples
• IPO Date: Dec 11, 1997
• Employees: 11,700
• Stock Exchange: NYSE
• Ticker Symbol: INGR

Financial Performance

In 2022, Ingredion's revenue was $7.95 billion, an increase of 15.26% compared to the previous year's $6.89 billion. Earnings were $492.00 million, an increase of 320.51%.

Analyst Forecast

According to 6 analysts, the average rating for INGR stock is "Buy." The 12-month stock price forecast is $120.5, which is an increase of 13.56% from the latest price.

Price Target

$120.5

(13.56% upside)

Analyst Consensus: Buy