Is Ingevity Corp Stock a Good Investment?
Ingevity Corp Investment Advice | NGVT |
- Examine Ingevity Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ingevity Corp's leadership team and their track record. Good management can help Ingevity Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Specialty Chemicals space and any emerging trends that could impact Ingevity Corp's business and its evolving consumer preferences.
- Compare Ingevity Corp's performance and market position to its competitors. Analyze how Ingevity Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Ingevity Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ingevity Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ingevity Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ingevity Corp is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Ingevity Corp Stock
Researching Ingevity Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.05. Ingevity Corp recorded a loss per share of 15.51. The entity had not issued any dividends in recent years.
To determine if Ingevity Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ingevity Corp's research are outlined below:
| Ingevity Corp had very high historical volatility over the last 90 days | |
| 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 99.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Ingevity Corp Shares Up 0.09 percent on Nov 19 |
Ingevity Corp Quarterly Good Will |
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Ingevity Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ingevity Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ingevity Corp's 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 |
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. Below are the table of largest EPS Surprises Ingevity Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-02-22 | 2016-12-31 | 0.3 | 0.34 | 0.04 | 13 | ||
2017-08-02 | 2017-06-30 | 0.7 | 0.78 | 0.08 | 11 | ||
2018-02-20 | 2017-12-31 | 0.36 | 0.45 | 0.09 | 25 | ||
2017-11-01 | 2017-09-30 | 0.76 | 0.86 | 0.1 | 13 | ||
2018-10-24 | 2018-09-30 | 1.04 | 1.16 | 0.12 | 11 | ||
2018-07-25 | 2018-06-30 | 1 | 1.12 | 0.12 | 12 | ||
2018-05-02 | 2018-03-31 | 0.63 | 0.79 | 0.16 | 25 | ||
2016-08-03 | 2016-06-30 | 0.49 | 0.66 | 0.17 | 34 |
Know Ingevity Corp's Top 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 | Dimensional Fund Advisors, Inc. | 2024-09-30 | 832.7 K | Geode Capital Management, Llc | 2024-09-30 | 815.7 K | Lsv Asset Management | 2024-09-30 | 793.5 K | Brown Advisory Holdings Inc | 2024-09-30 | 750.9 K | Southernsun Asset Management, Llc | 2024-09-30 | 673.3 K | Charles Schwab Investment Management Inc | 2024-09-30 | 607.6 K | Palisade Capital Management Llc | 2024-09-30 | 521.6 K | Millennium Management Llc | 2024-06-30 | 504.6 K | London Company Of Virginia | 2024-06-30 | 394 K | Blackrock Inc | 2024-06-30 | 5.7 M | Vanguard Group Inc | 2024-09-30 | 4.2 M |
Ingevity Corp's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.77 B.Market Cap |
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Ingevity Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.16 | 0.25 | |
| Return On Equity | (0.01) | (0.01) |
Determining Ingevity Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Ingevity Corp is a good buy. For example, gross profit margin measures Ingevity Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ingevity Corp's profitability and make more informed investment decisions.
Ingevity Corp's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Ingevity Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ingevity Corp. Check Ingevity Corp's Beneish M Score to see the likelihood of Ingevity Corp's management manipulating its earnings.
Evaluate Ingevity Corp's management efficiency
Ingevity Corp has return on total asset (ROA) of 0.0585 % which means that it generated a profit of $0.0585 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.2081) %, meaning that it created substantial loss on money invested by shareholders. 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 Capital Employed is likely to gain to 0.25 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0). 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 Reported | Projected for Next Year | ||
| Book Value Per Share | 17.30 | 9.38 | |
| Tangible Book Value Per Share | (7.71) | (7.32) | |
| Enterprise Value Over EBITDA | 15.35 | 8.18 | |
| Price Book Value Ratio | 2.73 | 2.59 | |
| Enterprise Value Multiple | 15.35 | 8.18 | |
| Price Fair Value | 2.73 | 2.59 |
The leadership approach at Ingevity Corp's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Beta 1.607 |
Basic technical analysis of Ingevity Stock
As of the 25th of November, Ingevity Corp retains the Market Risk Adjusted Performance of 0.2136, downside deviation of 3.17, and Risk Adjusted Performance of 0.1013. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Ingevity Corp, as well as the relationship between them.Ingevity Corp's 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's Outstanding Corporate 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.
| IENOVA 475 15 JAN 51 Corp BondUS456829AC41 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US45685EAJ55 Corp BondUS45685EAJ55 | View | |
| INGERSOLL RAND GLOBAL HLDG Corp BondUS45687AAG76 | View | |
| ING Groep 6083 Corp BondUS456837BF96 | View | |
| INGERSOLL RAND GLOBAL HLDG Corp BondUS45687AAN28 | View | |
| INTNED 61032 28 MAR 26 Corp BondUS456837BD49 | View | |
| INGERSOLL RAND GLOBAL HLDG Corp BondUS45687AAP75 | View |
Understand Ingevity Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ingevity Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1013 | |||
| Market Risk Adjusted Performance | 0.2136 | |||
| Mean Deviation | 3.02 | |||
| Semi Deviation | 2.79 | |||
| Downside Deviation | 3.17 | |||
| Coefficient Of Variation | 824.29 | |||
| Standard Deviation | 4.3 | |||
| Variance | 18.48 | |||
| Information Ratio | 0.0909 | |||
| Jensen Alpha | 0.208 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1233 | |||
| Treynor Ratio | 0.2036 | |||
| Maximum Drawdown | 21.33 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 8.28 | |||
| Downside Variance | 10.04 | |||
| Semi Variance | 7.76 | |||
| Expected Short fall | (3.69) | |||
| Skewness | 1.19 | |||
| Kurtosis | 4.22 |
| Risk Adjusted Performance | 0.1013 | |||
| Market Risk Adjusted Performance | 0.2136 | |||
| Mean Deviation | 3.02 | |||
| Semi Deviation | 2.79 | |||
| Downside Deviation | 3.17 | |||
| Coefficient Of Variation | 824.29 | |||
| Standard Deviation | 4.3 | |||
| Variance | 18.48 | |||
| Information Ratio | 0.0909 | |||
| Jensen Alpha | 0.208 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1233 | |||
| Treynor Ratio | 0.2036 | |||
| Maximum Drawdown | 21.33 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 8.28 | |||
| Downside Variance | 10.04 | |||
| Semi Variance | 7.76 | |||
| Expected Short fall | (3.69) | |||
| Skewness | 1.19 | |||
| Kurtosis | 4.22 |
Consider Ingevity Corp's intraday 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
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 30th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 4th of October 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 Stock media impact
Far too much social signal, news, headlines, and media speculation about Ingevity Corp that are available to investors today. That information is available publicly through Ingevity media outlets and privately through word of mouth or via Ingevity internal channels. However, regardless of the origin, that massive amount of Ingevity data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ingevity Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ingevity Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ingevity Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ingevity Corp alpha.
Ingevity Corp Sentiment by Major 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 Corporate Directors
| Daniel Sansone | Independent Director | Profile | |
| Karen Narwold | Independent Director | Profile | |
| Caroline Monahan | Director Communications | Profile | |
| Frederick Lynch | Lead Independent Director | Profile |
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.