Ingevity Corporation (NGVT)

NYSE: NGVT · IEX Real-Time Price · USD
47.61
-0.57 (-1.18%)
Sep 29, 2023, 4:00 PM EDT - Market closed
-1.18%
Market Cap 1.72B
Revenue (ttm) 1.74B
Net Income (ttm) 177.20M
Shares Out 36.22M
EPS (ttm) 4.74
PE Ratio 10.04
Forward PE 12.23
Dividend n/a
Ex-Dividend Date n/a
Volume 260,604
Open 48.71
Previous Close 48.18
Day's Range 47.15 - 48.71
52-Week Range 46.52 - 90.81
Beta 1.87
Analysts Buy
Price Target 69.00 (+44.93%)
Earnings Date Nov 1, 2023

About NGVT

Ingevity Corporation manufactures and sells specialty chemicals and activated carbon materials in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. It operates through two segments, Performance Materials and Performance Chemicals. The Performance Materials segment engineers, manufactures, and sells hardwood-based and chemically activated carbon products primarily for use in gasoline vapor emission control systems in cars, motorcycles, trucks, and boats. This segment also produces other activated carbon product... [Read more]

Sector Materials
CEO John C. Fortson
Employees 2,050
Stock Exchange NYSE
Ticker Symbol NGVT
Full Company Profile

Financial Performance

In 2022, Ingevity's revenue was $1.67 billion, an increase of 19.89% compared to the previous year's $1.39 billion. Earnings were $211.60 million, an increase of 79.17%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for NGVT stock is "Buy." The 12-month stock price forecast is $69.0, which is an increase of 44.93% from the latest price.

Price Target
$69.0
(44.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ingevity announces renewable energy project to reduce carbon emissions for United States manufacturing locations

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity has entered into an RPPA to produce offsetting renewable energy to lower emissions related to Ingevity's U.S. manufacturing locations.

6 weeks ago - Business Wire

Ingevity reports second quarter 2023 financial results

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation today reported its financial results for the second quarter 2023.

2 months ago - Business Wire

Ingevity announces dates for second-quarter 2023 earnings release and webcast

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity announced today that it will release its second-quarter 2023 earnings after the stock market close on Wednesday, August 2, 2023.

2 months ago - Business Wire

Ingevity's Capa® thermoplastics recognized for providing biodegradable solutions for agricultural and horticultural applications, awarded OK biodegradable SOIL certification

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--The SOIL distinction is the fifth TÜV Austria OK certification earned by the Capa thermoplastics portfolio of biodegradable and compostable products.

3 months ago - Business Wire

Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , June 2, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

4 months ago - PRNewsWire

Ingevity makes splash with fresh water environment biodegradability certification for Capa® thermoplastic technology

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity adds to sustainability certifications, earns fresh water biodegradability certification for Capa thermoplastic technology from TUV Austria.

4 months ago - Business Wire

Ingevity highlights actions as a catalyst for good in 2022 sustainability report, announces new sustainability goals

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity celebrates company's sustainability DNA, publishes its 2022 "Catalyst for Good" sustainability report and announces new sustainability goals.

4 months ago - Business Wire

Ingevity Capa® thermoplastic technology earns Biodegradable Products Institute compostable certification

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity today announced its Capa® thermoplastic grades are now certified compostable by the Biodegradable Products Institute (BPI).

5 months ago - Business Wire

Ingevity reports first quarter 2023 financial results

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation today reported its financial results for the first quarter 2023.

5 months ago - Business Wire

Ingevity's North Charleston plant to maintain continued operations with announced closure of WestRock's adjacent North Charleston paper mill

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity's North Charleston plant to maintain continued operations with announced closure of WestRock's adjacent North Charleston paper mill.

5 months ago - Business Wire

Ingevity announces dates for first-quarter 2023 earnings release and webcast

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity announced today that it will release its first-quarter 2023 earnings after the stock market close on Wednesday, May 3, 2023.

5 months ago - Business Wire

Ingevity announces 2023 Investor Day

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity will host an Investor Day with financial analysts and institutional investors on Monday, May 22, 2023, in New York City.

6 months ago - Business Wire

Ingevity to highlight Capa® caprolactone high performance polyol technology and expanded vegetable oil-based offerings at the European Coatings Show 2023

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) will participate in the European Coatings Show 2023 in Nuremburg, Germany, from March 27-30, to highlight its Capa® caprolacto...

7 months ago - Business Wire

Ingevity reports fourth quarter and full year 2022 financial results

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation reports fourth quarter and full-year 2022 financial results.

7 months ago - Business Wire

Ingevity elects new member to its Board of Directors

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity announced the election of Bruce Hoechner to the board of directors effective February 16, 2023.

7 months ago - Business Wire

Ingevity pushes boundaries of polyurethane performance with Capa® LT, a new Capa polyol with extended low temperature performance

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity to launch Capa® LT, a new Capa polyol with extended low temperature performance, during a webinar on February 23, 2023.

7 months ago - Business Wire

Ingevity to highlight road striping capabilities and expanded pavement marking portfolio at the American Traffic Safety Services Association Convention and Traffic Expo

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE: NGVT) will showcase its recently acquired downstream road striping capabilities and the company's expanded portfolio of pavement ma...

8 months ago - Business Wire

Ingevity announces dates for fourth-quarter and full-year 2022 earnings release and webcast

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity will release its fourth-quarter and full-year 2022 earnings after the stock market close on Monday, February 27, 2023.

8 months ago - Business Wire

Ingevity CEO John Fortson named to Charleston Business Magazine's List of 50 Most Influential People of 2022

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) is pleased to announce that Ingevity president and CEO, John Fortson, was recognized as one of the 50 Most Influential People ...

8 months ago - Business Wire

Ingevity recognized on Newsweek's America's Most Responsible Companies 2023 list

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) today announced it has been recognized on Newsweek Magazine's list of America's Most Responsible Companies 2023. The award r...

10 months ago - Business Wire

Ingevity reports third quarter 2022 financial results

NORTH CHARLESTON, S.C.

11 months ago - Business Wire

Ingevity rebrands adsorbed natural gas business to NeuFuel™ and expands carbon- neutral offerings for existing diesel vehicles

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) today announced the rebranding of the company's adsorbed natural gas vehicle business (ANG) to NeuFuel™ .

1 year ago - Business Wire

Ingevity completes planned expansion of caprolactone polyols production to the United States, increases global capacity for polyols by 40%

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity completes planned expansion of caprolactone polyols production to the United States, increases global capacity for polyols by 40%.

1 year ago - Business Wire

Ingevity awarded gold rating for corporate social responsibility by EcoVadis, places in the top 3% in its industry

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity has received the gold rating for sustainability by EcoVadis, placing Ingevity in the top 3% of respondents in the specialty chemicals sector.

1 year ago - Business Wire