Ingredion Earnings: Shares Rise as US Plant Returns to Normal Production; Maintaining Valuation
Ingredion's second-quarter earnings reflected the impact of lower production at a key US plant as lower volumes and higher unit costs weighed on profits.
Ingredion Inc INGR
Bulls Say, Bears Say
Bulls
Ingredion benefits from its growing proportion of specialty ingredients, which carry some degree of pricing power and generate higher profit margins.
Bears
High-fructose corn syrup (roughly 8% of sales) has been linked with obesity and diabetes and is in declining use as a beverage sweetener.
Trading Information
- Previous Close Price
- $100.72
- Day Range
- $100.28–101.62
- 52-Week Range
- $94.44–127.50
- Bid/Ask
- $100.47 / $110.00
- Shares Outstanding
- 63.06M
- Market Cap
- $6.38B
- Volume/Avg
- — / 791,220
Key Statistics
- Price/Earnings (Normalized)
- 9.69
- Price/Sales
- 0.90
- Dividend Yield (Trailing)
- 3.24%
- Dividend Yield (Forward)
- 3.24%
- Dividend Payment Schedule
- Jan, Apr, Jul, Oct
- Total Yield
- 6.11%
Company Profile
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company sells specialty ingredients that include starch-based texturizers and natural alternative sweeteners such as stevia. Ingredion also sells commodity ingredients that include sweeteners, such as high-fructose corn syrup, and starches, such as those used for sustainable packaging, as well as plant-based proteins. The company plans to acquire Tate & Lyle in an all-cash deal that should close in 2027.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Stock Style Box
- Small Value
- Total Number of Employees
- 11,200
- Website
- https://www.ingredion.com
Competitors
Valuation
|
Metric
|
INGR
|
KRZ
|
IFF
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.69 | 18.66 | 21.46 |
Price/Book Value | 1.41 | 2.26 | 1.54 |
Price/Sales | 0.90 | 2.04 | 2.35 |
Price/Cash Flow | 7.41 | 15.18 | 16.60 |
Price/Earnings
INGR
KRZ
IFF
Financial Strength
|
Metric
|
INGR
|
KRZ
|
IFF
|
|---|---|---|---|
Quick Ratio | 1.86 | 1.14 | 0.54 |
Current Ratio | 2.80 | 1.77 | 2.06 |
Interest Coverage | 11.21 | 10.19 | 2.77 |
Quick Ratio
INGR
KRZ
IFF
Profitability
|
Metric
|
INGR
|
KRZ
|
IFF
|
|---|---|---|---|
Return on Assets (Normalized) | 8.14% | 7.08% | 1.85% |
Return on Equity (Normalized) | 14.87% | 13.52% | 3.34% |
Return on Invested Capital (Normalized) | 11.26% | 9.37% | 2.95% |
Return on Assets
INGR
KRZ
IFF
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United States