Ingredion Incorporated (INGR)
NYSE: INGR · IEX Real-Time Price · USD
114.03
-0.45 (-0.39%)
Apr 26, 2024, 11:09 AM EDT - Market open
Ingredion Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Ingredion stock have an average target of 126.67, with a low estimate of 117 and a high estimate of 136. The average target predicts an increase of 11.08% from the current stock price of 114.03.
Analyst Consensus: Buy
* Price targets were last updated on Mar 6, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| 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 |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $115 → $122 | Hold | Maintains | $115 → $122 | +6.99% | Mar 6, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $122 → $135 | Strong Buy | Maintains | $122 → $135 | +18.39% | Feb 16, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Buy Upgrades $122 → $135 | Hold → Strong Buy | Upgrades | $122 → $135 | +18.39% | Feb 15, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $130 | Buy | Reiterates | $130 | +14.01% | Feb 7, 2024 |
| UBS | UBS | Strong Buy Maintains $132 → $136 | Strong Buy | Maintains | $132 → $136 | +19.27% | Nov 13, 2023 |
Financial Forecast
Revenue This Year
8.17B
from 8.16B
Increased by 0.15%
Revenue Next Year
8.37B
from 8.17B
Increased by 2.47%
EPS This Year
9.82
from 9.60
Increased by 2.32%
EPS Next Year
10.47
from 9.82
Increased by 6.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.6B | 8.9B | 9.1B | 9.5B |
| Avg | 8.2B | 8.4B | 8.6B | 9.2B |
| Low | 7.6B | 7.8B | 7.9B | 8.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.4% | 8.8% | 9.1% | 10.4% |
| Avg | 0.1% | 2.5% | 2.6% | 7.2% |
| Low | -6.3% | -5.0% | -5.4% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.26 | 11.25 | 12.22 | 10.66 |
| Avg | 9.82 | 10.47 | 11.14 | 10.35 |
| Low | 9.28 | 9.33 | 9.37 | 9.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.9% | 14.5% | 16.7% | -4.3% |
| Avg | 2.3% | 6.6% | 6.3% | -7.0% |
| Low | -3.3% | -5.0% | -10.5% | -10.7% |
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.