Ingevity Corporation (NGVT)
NYSE: NGVT · Real-Time Price · USD
48.56
+0.15 (0.31%)
Nov 22, 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 5.02% from the current stock price of 48.56.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $40 → $47 | Hold | Maintains | $40 → $47 | -3.21% | Oct 31, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $42 → $40 | Hold | Maintains | $42 → $40 | -17.63% | Sep 30, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $45 → $42 | Hold | Maintains | $45 → $42 | -13.51% | Aug 5, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $45 → $40 | Hold | Maintains | $45 → $40 | -17.63% | Aug 5, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $58 → $50 | Buy | Maintains | $58 → $50 | +2.97% | Aug 1, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -10.6% | 10.4% | 14.4% |
| Avg | -14.8% | 2.6% | 5.9% |
| Low | -18.9% | -3.7% | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.