How Should Investors View Ingredion Incorporated (INGR) Insider Trading?


As of Wednesday close, Ingredion Incorporated’s (NYSE:INGR) stock was up $0.05, moving up 0.05 percent to $97.99. The average number of shares traded per day over the past five days has been 341,980 shares. 5 times new highs have been achieved over the past 5 days, with a $4.00 gain in that time frame. In the last twenty days, the average volume was 329,650, while in the previous 50 days, it was 359,102.

Since last month, INGR stock rose 14.09%. Shares of the company fell to $83.94 on 10/24/22, the lowest level in the past month. A 52-week high of $101.89 was reached on 01/20/22 after having rallying from a 52-week low of $78.81. Since the beginning of this year, INGR’s stock price has risen by 1.40% or $1.35, and marked a new high 8 times. However, the stock has declined by -3.83% since its 52-week high.

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INGR stock investors should be aware that Ingredion Incorporated (INGR) stock had its last reported insider trading activity 21 days ago on Nov 03. Fernandes Larry, the SVP, Chief Comm & Sust Officer of the company, disposed of 3,044 shares for $90.05 on Nov 03. It resulted in a $274,103 divestment by the insider. Xu Jinghuai sold 0 shares at an average price of $80.52 on Oct 03. The insider now owns 14,635 shares following the transaction. On Jun 17, Sr. VP and Pres, APAC Bastos-Evans Valdirene sold 1,958 shares at $85.52 apiece. The transaction was valued at $167,441.

Valuation Metrics

Right now, Ingredion Incorporated (INGR) has a P/E ratio of about 14.80. The stock’s beta is 0.78. Besides these, the trailing price-to-sales (P/S) ratio of 0.82, the price-to-book (PB) ratio of 2.10.

The latest dividend of $0.71 per share was paid out, which is 9.23% more than last year’s $0.65. On Monday September 26 2022, a $0.06 dividend increase was announced.

Financial Health

In the three months ended June 29, Ingredion Incorporated’s quick ratio stood at 0.90, while its current ratio was 1.70, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.57, and the total debt-to-equity ratio was 0.80. On the profitability front, the trailing twelve-month gross margin is 18.60% percent. In the year ended June 29, operating margins totaled 9.00%. Based on annual data, INGR earned $1.33 billion in gross profit and brought in $6.89 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.60%. Return on equity (ROE) for the past 12 months was 14.10%.

In Ingredion Incorporated’s quarter-end financial report for June 29, it reported total debt of $1.74 billion against cash and short-term investments of $4.0 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. INGR’s revenue rose 12.85% to $2.04 billion during the quarter, while net income inched up to $2.02 billion. While analysts expected Ingredion Incorporated to report $1.94 quarterly earnings, the actual figure was $2.12 per share, beating the consensus estimate by 9.30%. During the quarter, the company generated $235.0 million in EBITDA. The liabilities of Ingredion Incorporated were 4.32 billion at the end of its most recent quarter ended June 29, and its total debt was $2.39 billion. The value of shareholders’ equity is $65.56 million.

Technical Picture

This quick technical analysis looks at Ingredion Incorporated’s (INGR) price momentum. With a historical volatility rate of 18.16%, the RSI 9-day stood at 79.43% on 23 November.

With respect to its five-day moving average, the current Ingredion Incorporated price is up by +4.26% percent or $4.00. At present, INGR shares trade +13.57% above its 20-day simple moving average and +10.47% percent above its 100-day simple moving average. However, the stock is currently trading approximately +17.49% above its SMA50 and +13.55% above its SMA200.

Stochastic coefficient K was 95.26% and Stochastic coefficient D was 94.85%, while ATR was 1.84. Given the Stochastic reading of 94.88% for the 14-day period, the RSI (14) reading has been calculated as 74.73%. As of today, the MACD Oscillator reading stands at 2.27, while the 14-day reading stands at 2.93.

Analyst Ratings

UBS launched its rating on Ingredion Incorporated (NYSE: INGR) to a Neutral in a note to investors on September 30, 2022. Ingredion Incorporated (INGR) has been rated Overweight by analysts. According to 0 brokerage firms, INGR is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Ingredion Incorporated stock as buy, with 1 recommending it as overweight.

With a median target price of $100.00, the current consensus forecast for the stock is $93.00 – $112.00. Based on these forecasts, analysts predict Ingredion Incorporated (INGR) will achieve an average price target of $101.67.


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