Home Sectors Consumer Defensive Latest Trend: Ingredion (NYSE: INGR)

Latest Trend: Ingredion (NYSE: INGR)


Ingredion is part of the consumer defensive sector and consumer packaged goods industry. The company CEO is James Zallie. Ingredion Inc is a major supplier of high-quality food and industrial ingredients to customers around the world. The ingredients are used by customers in the food, beverage, animal feed, paper and corrugating, and brewing industries, among others.

Previous Intraday Trading Performance:

The INGR stock showed a previous change of -0.39% with an open at 80.69 and a close of 80.23. It reached an intraday high of 81.09 and a low of 79.84.

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The stock has a market cap of $5.4b with 66.7m shares outstanding, of which the float is 65.0m shares. Trading volume reached 690,887 shares compared to its average volume of 618,071 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Ingredion shares returned -0.46% and in the past 30 trading days it returned -15.32%. Over three months, it changed -12.43%. In one year it has changed -27.22% and within that year its 52-week high was 116.39 and its 52-week low was 75.67. INGR stock is 6.03% above its 52 Week Low.

Our calculations show a 200 day moving average of 94.66 and a 50 day moving average of 87.09. Currently INGR stock is trading -15.24% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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The last annual fiscal EPS for the company was reported at 6.16 that ended on 31st of December 2018, which according to the previous close, that is a PE of 13.02. Based on 2 analyst estimates, the consensus EPS for the next quarter is 1.66. The TTM EPS is 6.91, which comes to a TTM PE of 11.61. Historically, the PE high was 25.40 and the PE low was 11.50. If the stock reached its PE low, that would represent a price of 79.47, which is a decrease of -0.95%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): 1.48
4thQtr of 2018 (Reported on 02/05/2019): 1.36
3rdQtr of 2018 (Reported on 11/01/2018): 1.32
2ndQtr of 2018 (Reported on 08/02/2018): 1.57
1stQtr of 2018 (Reported on 05/03/2018): 1.90

The dividend per share is currently 2.50, which is a dividend yield of 3.12%. Also, the payout ratio is 36.18%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 171.05, which means it is possibly undervalued and has a margin of safety of 53.10%.

Indicators to Watch:

Short-interest was 2,969,632, which was 4.45% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.77. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.84.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 15.23%, return on assets is 7.09%, profit margin is 6.68%, price-to-sales is 0.86 and price-to-book is 2.13.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 2  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.