Ingevity Corporation (NGVT)
NYSE: NGVT · IEX Real-Time Price · USD
44.44
-0.65 (-1.44%)
At close: Jul 19, 2024, 4:00 PM
44.45
+0.01 (0.02%)
Pre-market: Jul 22, 2024, 4:46 AM EDT
Ingevity Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Ingevity stock have an average target of 55.2, with a low estimate of 45 and a high estimate of 62. The average target predicts an increase of 24.21% from the current stock price of 44.44.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 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 | 4 | 4 | 4 | 5 | 5 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wells Fargo | Wells Fargo | Hold Maintains $55 → $45 | Hold | Maintains | $55 → $45 | +1.26% | Jul 11, 2024 |
BMO Capital | BMO Capital | Hold Maintains $50 → $55 | Hold | Maintains | $50 → $55 | +23.76% | May 8, 2024 |
Loop Capital | Loop Capital | Hold Maintains $49 → $56 | Hold | Maintains | $49 → $56 | +26.01% | May 7, 2024 |
Oppenheimer | Oppenheimer | Buy Maintains $50 → $58 | Buy | Maintains | $50 → $58 | +30.51% | May 2, 2024 |
Jefferies | Jefferies | Hold → Strong Buy Upgrades $52 → $62 | Hold → Strong Buy | Upgrades | $52 → $62 | +39.51% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
1.52B
from 1.69B
Decreased by -10.35%
Revenue Next Year
1.57B
from 1.52B
Increased by 3.49%
EPS This Year
3.79
from -0.15
EPS Next Year
5.18
from 3.79
Increased by 36.41%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.6B | 1.7B | 1.7B |
Avg | 1.5B | 1.6B | 1.6B |
Low | 1.4B | 1.4B | 1.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | -6.2% | 11.3% | 8.0% |
Avg | -10.3% | 3.5% | 3.8% |
Low | -17.0% | -6.7% | -1.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 4.26 | 6.86 | 6.15 |
Avg | 3.79 | 5.18 | 5.97 |
Low | 3.33 | 4.39 | 5.73 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | 80.7% | 18.9% |
Avg | - | 36.4% | 15.4% |
Low | - | 15.7% | 10.8% |
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.