Ingevity Corporation Q3 2024 Earnings Call Transcript

NGVT Stock  USD 50.21  1.65  3.40%   
Slightly above 70 percent of all Ingevity Corp's private investors are curious in acquiring. The analysis of overall sentiment of trading Ingevity Corp stock suggests that a large number of investors are confidant at this time. Ingevity Corp's investing sentiment can be driven by a variety of factors including economic data, Ingevity Corp's earnings reports, geopolitical events, and overall market trends.
  
Operator Good morning or good afternoon, and welcome to the Ingevity Third Quarter 2024 Earnings Call and Webcast. My name is Adam, and Ill be your operator today.

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Ingevity Corp Current Investor Sentiment

Panic Vs Confidence

70

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Ingevity Corp's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Ingevity Corp.

Ingevity Corp Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Ingevity Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Ingevity Corp Historical Investor Sentiment

Investor biases related to Ingevity Corp's public news can be used to forecast risks associated with an investment in Ingevity. The trend in average sentiment can be used to explain how an investor holding Ingevity can time the market purely based on public headlines and social activities around Ingevity Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ingevity Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ingevity Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Ingevity Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Ingevity Corp.

Ingevity Corp Fundamental Analysis

We analyze Ingevity Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ingevity Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ingevity Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Short Ratio

Short Ratio Comparative Analysis

Ingevity Corp is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Ingevity Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ingevity Corp stock to make a market-neutral strategy. Peer analysis of Ingevity Corp could also be used in its relative valuation, which is a method of valuing Ingevity Corp by comparing valuation metrics with similar companies.

Peers

Ingevity Corp Related Equities

HWKNHawkins   4.18   
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OECOrion Engineered   4.04   
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96.0%
FULH B   2.40   
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57.0%
MTXMinerals Technologies   1.45   
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34.0%
ESIElement Solutions   1.00   
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23.0%
SXTSensient Technologies   0.67   
0%
16.0%
IOSPInnospec   0.17   
0%
4.0%
ECVTEcovyst   0.61   
14.0%
0%
ODCOil Dri   1.15   
27.0%
0%
KWRQuaker Chemical   1.57   
37.0%
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Additional Tools for Ingevity Stock Analysis

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.