Ingevity Corp Stock Analysis

NGVT Stock  USD 48.23  0.67  1.37%   
Ingevity Corp is undervalued with Real Value of 55.85 and Target Price of 64.57. The main objective of Ingevity Corp stock analysis is to determine its intrinsic value, which is an estimate of what Ingevity Corp is worth, separate from its market price. There are two main types of Ingevity Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Ingevity Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Ingevity Corp's stock to identify patterns and trends that may indicate its future price movements.
The Ingevity Corp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Ingevity Corp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Ingevity Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ingevity Corp's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ingevity Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.

Ingevity Stock Analysis Notes

About 93.0% of the company shares are owned by institutional investors. The book value of Ingevity Corp was now reported as 17.43. The company has Price/Earnings To Growth (PEG) ratio of 2.05. Ingevity Corp recorded a loss per share of 0.15. The entity had not issued any dividends in recent years. 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. Ingevity Corporation was founded in 1964 and is headquartered in North Charleston, South Carolina. Ingevity Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 1850 people. To find out more about Ingevity Corp contact Michael Wilson at 843 740 2300 or learn more at https://www.ingevity.com.

Ingevity Corp Quarterly Total Revenue

371.7 Million

Ingevity Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ingevity Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ingevity Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company reported the previous year's revenue of 1.69 B. Net Loss for the year was (5.4 M) with profit before overhead, payroll, taxes, and interest of 570.1 M.
Ingevity Corp has a strong financial position based on the latest SEC filings
Over 93.0% of the company shares are owned by institutional investors
Latest headline from investing.com: Jefferies upgrades Ingevity stock on hybrid vehicle tailwinds, FCF growth

Ingevity Corp Upcoming and Recent Events

Earnings reports are used by Ingevity Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ingevity Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Ingevity Largest EPS Surprises

Earnings surprises can significantly impact Ingevity Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2017-02-22
2016-12-310.30.340.0413 
2017-08-02
2017-06-300.70.780.0811 
2018-02-20
2017-12-310.360.450.0925 
View All Earnings Estimates

Ingevity Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ingevity Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ingevity Corp backward and forwards among themselves. Ingevity Corp's institutional investor refers to the entity that pools money to purchase Ingevity Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2023-12-31
738.5 K
American Century Companies Inc2023-12-31
665.4 K
Royce & Associates, Lp2023-12-31
660.9 K
Palisade Capital Management Llc2023-12-31
544.4 K
Morgan Stanley - Brokerage Accounts2023-12-31
494.4 K
Charles Schwab Investment Management Inc2023-12-31
484 K
Northern Trust Corp2023-12-31
403.3 K
Rice Hall James & Associates, Llc2023-12-31
396.1 K
Millennium Management Llc2023-12-31
345.1 K
Blackrock Inc2023-12-31
M
Vanguard Group Inc2023-12-31
3.7 M
Note, although Ingevity Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ingevity Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ingevity Corp's market, we take the total number of its shares issued and multiply it by Ingevity Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Ingevity Profitablity

Ingevity Corp's profitability indicators refer to fundamental financial ratios that showcase Ingevity Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Ingevity Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ingevity Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ingevity Corp's profitability requires more research than a typical breakdown of Ingevity Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0)(0)
Return On Capital Employed 0.11  0.11 
Return On Assets(0)(0)
Return On Equity(0.01)(0.01)

Management Efficiency

Ingevity Corp has return on total asset (ROA) of 0.0597 % which means that it generated a profit of $0.0597 on every $100 spent on assets. This is way below average. Ingevity Corp's management efficiency ratios could be used to measure how well Ingevity Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.003 in 2024. Return On Capital Employed is likely to drop to 0.11 in 2024. Change To Liabilities is likely to gain to about 51.6 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 219 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 17.30  9.36 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(7.71)(7.32)
Enterprise Value Over EBITDA 8.00  8.25 
Price Book Value Ratio 2.73  2.59 
Enterprise Value Multiple 8.00  8.25 
Price Fair Value 2.73  2.59 
Enterprise Value 0.00  0.00 
The analysis of Ingevity Corp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ingevity Corp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ingevity Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.85

Technical Drivers

As of the 25th of April, Ingevity Corp retains the Downside Deviation of 2.26, risk adjusted performance of 0.0803, and Market Risk Adjusted Performance of 0.118. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Ingevity Corp, as well as the relationship between them. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Ingevity Corp, which can be compared to its competitors. Please check out Ingevity Corp semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Ingevity Corp is priced fairly, providing market reflects its last-minute price of 48.23 per share. Given that Ingevity Corp has jensen alpha of 0.0621, we strongly advise you to confirm Ingevity Corp's regular market performance to make sure the company can sustain itself at a future point.

Ingevity Corp Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ingevity Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ingevity Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Ingevity Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ingevity Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ingevity Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ingevity Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Ingevity Corp Outstanding Bonds

Ingevity Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ingevity Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ingevity bonds can be classified according to their maturity, which is the date when Ingevity Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Ingevity Corp Predictive Daily Indicators

Ingevity Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ingevity Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Ingevity Corp Corporate Filings

F4
23rd of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F3
8th of April 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
22nd of March 2024
Other Reports
ViewVerify
8K
14th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
11th of March 2024
Other Reports
ViewVerify
1st of March 2024
Other Reports
ViewVerify
F4
28th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
26th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Ingevity Corp Forecast Models

Ingevity Corp's time-series forecasting models are one of many Ingevity Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ingevity Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Ingevity Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Ingevity Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ingevity shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ingevity Corp. By using and applying Ingevity Stock analysis, traders can create a robust methodology for identifying Ingevity entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.01)(0.01)
Operating Profit Margin 0.15  0.22 
Net Loss(0)(0)
Gross Profit Margin 0.25  0.26 

Current Ingevity Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ingevity analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ingevity analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
64.57Buy7Odds
Ingevity Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ingevity analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ingevity stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ingevity Corp, talking to its executives and customers, or listening to Ingevity conference calls.
Ingevity Analyst Advice Details

Ingevity Stock Analysis Indicators

Ingevity Corp stock analysis indicators help investors evaluate how Ingevity Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ingevity Corp shares will generate the highest return on investment. By understating and applying Ingevity Corp stock analysis, traders can identify Ingevity Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow77.3 M
Total Stockholder Equity631.4 M
Capital Lease Obligations67.3 M
Property Plant And Equipment Net829.4 M
Cash And Short Term Investments96.5 M
Cash96.5 M
50 Day M A46.2274
Net Interest Income-87 M
Total Current Liabilities362.9 M
Forward Price Earnings13.6426
Investments-465.5 M
Interest Expense93.3 M
Stock Based Compensation10.6 M
Long Term Debt1.4 B
Common Stock Shares Outstanding36.5 M
Tax Provision-4.7 M
Quarterly Earnings Growth Y O Y-0.652
Accounts Payable158.4 M
Net Debt1.4 B
Other Operating Expenses1.4 B
Non Current Assets TotalB
Liabilities And Stockholders Equity2.6 B
Non Currrent Assets Other32.6 M
When determining whether Ingevity Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ingevity Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ingevity Corp Stock. Highlighted below are key reports to facilitate an investment decision about Ingevity Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ingevity Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Ingevity Corp's price analysis, check to measure Ingevity Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ingevity Corp is operating at the current time. Most of Ingevity Corp's value examination focuses on studying past and present price action to predict the probability of Ingevity Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingevity Corp's price. Additionally, you may evaluate how the addition of Ingevity Corp to your portfolios can decrease your overall portfolio volatility.
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Is Ingevity Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ingevity Corp. If investors know Ingevity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ingevity Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Earnings Share
(0.15)
Revenue Per Share
46.364
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0597
The market value of Ingevity Corp is measured differently than its book value, which is the value of Ingevity that is recorded on the company's balance sheet. Investors also form their own opinion of Ingevity Corp's value that differs from its market value or its book value, called intrinsic value, which is Ingevity Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ingevity Corp's market value can be influenced by many factors that don't directly affect Ingevity Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ingevity Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingevity Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingevity Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.