Ingevity Corporation (NGVT)
NYSE: NGVT · Real-Time Price · USD
41.75
+0.29 (0.70%)
Dec 26, 2024, 4:00 PM EST - Market closed

Ingevity Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Ingevity stock have an average target of 51, with a low estimate of 40 and a high estimate of 62. The average target predicts an increase of 22.16% from the current stock price of 41.75.

Analyst Consensus: Buy
Target Low Average Median High
Price $40 $51 $50 $62
Change -4.19% +22.16% +19.76% +48.50%
* Price targets were last updated on Oct 31, 2024.

Analyst Ratings

The average analyst rating for Ingevity stock from 5 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 111111
Hold 333333
Sell 000000
Strong Sell 000000
Total 555555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Hold
Maintains
$40$47
Hold Maintains $40$47 +12.57% Oct 31, 2024
BMO Capital
BMO Capital
Hold
Maintains
$42$40
Hold Maintains $42$40 -4.19% Sep 30, 2024
BMO Capital
BMO Capital
Hold
Maintains
$45$42
Hold Maintains $45$42 +0.60% Aug 5, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$45$40
Hold Maintains $45$40 -4.19% Aug 5, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$58$50
Buy Maintains $58$50 +19.76% Aug 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.44B
from 1.69B
Decreased by -14.78%
Revenue Next Year
1.48B
from 1.44B
Increased by 2.64%
EPS This Year
2.82
from -0.15
EPS Next Year
4.13
from 2.82
Increased by 46.38%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.29B1.22B1.39B1.67B1.69B1.44B1.48B1.57B
Revenue Growth
14.05%-5.94%14.42%19.89%1.43%-14.78%2.64%5.95%
EPS
4.354.372.955.50-0.152.824.135.14
EPS Growth
9.57%0.46%-32.49%86.44%--46.38%24.52%
Forward PE
-----14.8010.118.12
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.5B 1.6B 1.7B
Avg 1.4B 1.5B 1.6B
Low 1.4B 1.4B 1.4B

Revenue Growth

Revenue Growth 202420252026
High
-10.6%
10.4%
14.4%
Avg
-14.8%
2.6%
5.9%
Low
-18.9%
-3.7%
-2.6%

EPS Forecast

EPS 202420252026
High 3.16 4.99 5.95
Avg 2.82 4.13 5.14
Low 2.16 3.38 4.31

EPS Growth

EPS Growth 202420252026
High -
76.8%
44.2%
Avg -
46.4%
24.5%
Low -
19.9%
4.4%
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.