NGVT - Ingevity Corp Stock Price, Fair Value and News

53.90USD+0.18 (+0.34%)Delayed as of 08 May 2024, 01:57 pm ET

Market Summary

USD53.90+0.18

Delayedas of 08 May 2024, 01:57 pm

0.34%

NGVT Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)
Losses in recent quarter

NGVT Stock Price

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NGVT RSI Chart

NGVT Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

-17.41

Price/Sales (Trailing)

1.19

EV/EBITDA

46.37

Price/Free Cashflow

10.39

NGVT Price/Sales (Trailing)

NGVT Profitability

EBT Margin

-8.91%

Return on Equity

-19.73%

Return on Assets

-4.37%

Free Cashflow Yield

9.62%

NGVT Fundamentals

NGVT Revenue

Revenue (TTM)

1.6B

Rev. Growth (Yr)

-13.37%

Rev. Growth (Qtr)

-8.5%

NGVT Earnings

Earnings (TTM)

-112.1M

Earnings Growth (Yr)

-210.45%

Earnings Growth (Qtr)

52.05%

Breaking Down NGVT Revenue

52 Week Range

41.4866.18

(Low)(High)

Last 7 days

5.0%

Last 30 days

15.4%

Last 90 days

23.9%

Trailing 12 Months

-9.2%

How does NGVT drawdown profile look like?

NGVT Financial Health

Current Ratio

1.9

Debt/Equity

2.48

Debt/Cashflow

0.13

NGVT Investor Care

Buy Backs (1Y)

0.00%

Diluted EPS (TTM)

-3.05

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.6B	0	0	0
2023	1.7B	1.7B	1.7B	1.7B
2022	1.5B	1.5B	1.6B	1.7B
2021	1.2B	1.3B	1.4B	1.4B
2020	1.3B	1.2B	1.2B	1.2B
2019	1.2B	1.2B	1.3B	1.3B
2018	989.1M	1.0B	1.1B	1.1B
2017	927.2M	942.1M	953.8M	972.4M
2016	923.4M	908.9M	906.5M	908.3M
2015	1.0B	996.9M	977.6M	958.3M
2014	0	0	0	1.0B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Ingevity Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	fisher ryan c.	sold (taxes)	-40,491	53.56	-756	vp, chro, dep gen coun & cco
Apr 24, 2024	fernandez-moreno luis m	acquired	-	-	2,800	-
Apr 24, 2024	lynch frederick j	acquired	-	-	2,800	-
Apr 24, 2024	hoechner bruce d.	acquired	-	-	2,800	-
Apr 24, 2024	sansone daniel f	acquired	-	-	2,800	-
Apr 24, 2024	wright benjamin g.	acquired	-	-	2,800	-
Apr 24, 2024	blackwell jean s	acquired	-	-	2,800	-
Apr 24, 2024	narwold karen g	acquired	-	-	2,800	-
Apr 24, 2024	gulyas diane h.	acquired	-	-	2,800	-
Apr 19, 2024	hall mary dean	sold (taxes)	-98,967	44.44	-2,227	evp & cfo

Which funds bought or sold NGVT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.34	32,430	1,402,050	0.01%
May 06, 2024	LSV ASSET MANAGEMENT	reduced	-30.14	-17,786,000	42,647,000	0.09%
May 06, 2024	DiNuzzo Private Wealth, Inc.	added	33.33	49.00	191	-%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	sold off	-100	-228,875	-	-%
May 06, 2024	Manchester Capital Management LLC	unchanged	-	40.00	3,960	-%
May 06, 2024	Investors Research Corp	unchanged	-	36.00	3,578	-%
May 06, 2024	Savant Capital, LLC	added	0.33	53,642	4,035,560	0.05%
May 06, 2024	Schechter Investment Advisors, LLC	added	47.51	449,741	1,367,320	0.10%
May 06, 2024	SG Americas Securities, LLC	reduced	-84.29	-551,000	104,000	-%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-4,722	-	-%

Are Funds Buying or Selling NGVT?

Are funds buying NGVT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NGVT

No. of Funds

Unveiling Ingevity Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 28, 2024	inclusive capital partners, l.p.	3.2%	1,151,405	SC 13D/A
Feb 13, 2024	vanguard group inc	10.33%	3,743,322	SC 13G/A
Feb 08, 2024	wellington management group llp	5.93%	2,148,379	SC 13G
Feb 07, 2024	victory capital management inc	-	1,854,554	SC 13G
Jan 22, 2024	blackrock inc.	16.6%	6,003,674	SC 13G/A
May 30, 2023	inclusive capital partners, l.p.	6.6%	2,401,405	SC 13D/A
Feb 10, 2023	vanguard group inc	10.06%	3,761,430	SC 13G/A
Feb 09, 2023	vanguard group inc	9.90%	3,700,520	SC 13G/A
Jan 26, 2023	blackrock inc.	12.2%	4,567,023	SC 13G/A
Jan 20, 2023	blackrock inc.	12.2%	4,567,023	SC 13G

Recent SEC filings of Ingevity Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
May 02, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading

Peers (Alternatives to Ingevity Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
APD	55.3B	12.2B	4.18%	-15.88%	22.4	4.55	-7.47%	13.44%
DOW	41.1B	43.5B	-2.24%	7.76%	32.39	0.94	-18.61%	-57.39%
CE	17.7B	10.9B	0.09%	53.53%	9.04	1.62	13.10%	3.48%
AVTR	16.9B	6.9B	-3.98%	23.64%	64.9	2.46	-6.48%	-57.90%
ALB	15.5B	8.4B	6.57%	-29.22%	45.83	1.84	-4.27%	-90.82%
EMN	11.8B	9.1B	0.81%	24.63%	12.8	1.3	-11.38%	33.67%
MID-CAP
CBT	5.6B	3.9B	8.49%	43.15%	12.6	1.43	-9.12%	26.64%
BCPC	5.0B	929.6M	3.59%	21.49%	43.91	5.42	-1.74%	15.81%
AVNT	4.2B	3.1B	8.86%	19.59%	40.24	1.35	-6.69%	-83.56%
ARCH	2.9B	3.0B	5.03%	26.13%	9.04	0.98	-20.68%	-74.38%
SMALL-CAP
CCF	1.2B	404.0M	0.11%	32.60%	36.59	3	24.06%	-25.72%
ASIX	641.0M	1.5B	-16.06%	-31.40%	281.99	0.44	-21.27%	-97.94%
CMT	165.3M	336.4M	0.89%	-5.09%	9.07	0.49	-12.92%	28.47%
AREC	98.2M	16.7M	-11.43%	-17.88%	-8.3	5.86	-57.58%	-718.66%
AMRS	3.7M	-	-80.00%	-99.58%	-0.01	0.01	-	-

Ingevity Corp News

Latest updates

Ingevity Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-8.5%	340	372	446	482	393	384	482	420	383	336	377	358	320	326	332	271	288	303	360	353	277
Gross Profit	67.6%	100	60.00	129	153	130	105	176	151	138	105	142	140	126	127	140	84.00	115	111	140	134	97.00
S&GA Expenses	8.8%	47.00	43.00	40.00	52.00	49.00	56.00	54.00	49.00	40.00	48.00	44.00	48.00	40.00	42.00	35.00	35.00	39.00	41.00	41.00	43.00	39.00
R&D Expenses	-5.6%	7.00	7.00	8.00	8.00	9.00	7.00	8.00	8.00	7.00	7.00	7.00	6.00	7.00	6.00	5.00	5.00	6.00	5.00	5.00	5.00	5.00
EBITDA Margin	-64.8%	0.04*	0.12*	0.22*	0.24*	0.26*	0.26*	0.27*	0.23*	0.23*	0.23*	0.24*	0.33*	-	-	-	-	-	-	-	-	-
Interest Expenses	-52.0%	17.00	35.00	18.00	25.00	15.00	26.00	7.00	18.00	11.00	16.00	11.00	13.00	12.00	1.00	14.00	7.00	17.00	15.00	19.00	7.00	14.00
Income Taxes	57.3%	-15.90	-37.20	7.00	12.00	13.00	4.00	20.00	17.00	17.00	7.00	-4.80	29.00	13.00	20.00	18.00	5.00	10.00	11.00	18.00	16.00	-
Earnings Before Taxes	53.3%	-71.90	-154	32.00	48.00	64.00	20.00	96.00	77.00	78.00	36.00	-9.00	74.00	62.00	66.00	88.00	25.00	55.00	55.00	77.00	73.00	23.00
EBT Margin	-1392.8%	-0.09*	-0.01*	0.10*	0.13*	0.15*	0.16*	0.18*	0.12*	0.12*	0.12*	0.14*	0.22*	-	-	-	-	-	-	-	-	-
Net Income	52.1%	-56.00	-116	25.00	36.00	51.00	16.00	75.00	60.00	61.00	29.00	-4.20	44.00	49.00	46.00	70.00	20.00	45.00	44.00	60.00	57.00	23.00
Net Income Margin	-2042.6%	-0.07*	0.00*	0.07*	0.10*	0.12*	0.13*	0.14*	0.10*	0.09*	0.08*	0.10*	0.16*	-	-	-	-	-	-	-	-	-
Free Cashflow	-127.1%	-12.10	45.00	107	48.00	5.00	99.00	100	91.00	24.00	76.00	100	66.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.1%	2,567	2,623	2,767	2,828	2,772	2,737	2,335	2,366	2,456	2,469	2,426	2,389	2,343	2,335	2,258	2,196	2,353	2,142	2,119	2,130	2,107
Current Assets	1.6%	669	659	735	764	716	683	645	678	733	725	720	670	642	629	601	580	725	463	499	492	455
Cash Equivalents	9.6%	105	96.00	85.00	68.00	78.00	77.00	72.00	131	223	275	269	233	238	261	198	178	303	65.00	76.00	53.00	40.00
Inventory	5.4%	326	309	387	387	361	335	282	277	260	241	228	215	204	189	204	224	236	213	210	221	229
Net PPE	-4.7%	727	762	-	-	-	-	-	-	-	-	701	700	698	704	685	658	660	665	642	638	629
Goodwill	-0.3%	526	528	520	527	522	519	110	411	433	442	441	449	448	445	428	416	417	436	416	426	432
Liabilities	0.3%	1,999	1,992	2,048	2,114	2,047	2,038	1,702	1,712	1,770	1,795	1,782	1,701	1,681	1,692	1,641	1,673	1,851	1,611	1,676	1,729	1,749
Current Liabilities	-3.1%	352	363	305	311	279	304	290	267	552	269	248	233	225	223	179	188	208	216	209	216	198
Long Term Debt	1.9%	1,409	1,383	1,470	1,526	1,503	1,473	1,153	1,176	946	1,250	1,254	1,259	1,263	1,267	1,277	1,309	1,468	1,228	1,294	1,363	1,403
LT Debt, Current	0.4%	85.00	84.00	3.00	1.00	1.00	1.00	1.00	1.00	320	20.00	20.00	20.00	20.00	26.00	22.00	22.00	22.00	23.00	23.00	22.00	18.00
Shareholder's Equity	-10.0%	568	631	719	714	726	698	634	654	686	674	645	689	661	642	617	523	502	531	443	401	359
Retained Earnings	-5.6%	946	1,002	1,119	1,094	1,058	1,008	992	917	857	796	767	771	727	678	632	562	542	497	453	393	336
Additional Paid-In Capital	2.6%	169	165	163	164	159	153	148	143	140	136	133	130	125	121	117	116	114	113	111	108	104
Shares Outstanding	0.3%	36.00	36.00	36.00	36.00	37.00	37.00	37.00	38.00	39.00	39.00	39.00	40.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,102	-	-	-	2,401	-	-	-	3,237	-	-	-	2,162	-	-	-	4,384	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-127.1%	-12,100	44,600	106,900	48,400	5,200	98,500	100,100	90,500	24,300	76,300	100,100	65,800	51,100	153,300	90,000	48,900	60,200	85,500	118,700	79,500	-8,000
Share Based Compensation	-100.0%	-	2,300	-600	4,900	4,000	5,000	4,400	3,700	3,000	2,500	3,100	4,200	2,500	4,100	1,100	2,400	800	1,300	3,600	3,300	4,100
Cashflow From Investing	22.4%	-16,300	-21,000	-34,800	-23,400	1,900	-407,200	-86,100	-28,400	-30,200	-55,200	-26,200	-39,900	-17,300	-32,200	-41,000	-17,200	-20,200	-35,900	-23,100	-30,000	-569,300
Cashflow From Financing	460.0%	23,400	-6,500	-53,300	-34,500	-5,600	313,000	-71,600	-147,000	-46,300	-12,800	-36,700	-31,500	-52,100	-65,000	-31,100	-157,300	203,200	-64,400	-71,200	-34,600	539,400
Buy Backs	-	-	-	-	58,700	33,400	6,000	49,300	49,500	40,400	9,100	32,200	28,700	39,400	55,600	-	-	32,400	-	3,100	-	3,300

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NGVT Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 340.1	$ 392.6
Cost of sales	240.4	262.2
Gross profit	99.7	130.4
Selling, general, and administrative expenses	47.2	48.6
Research and technical expenses	6.8	8.8
Restructuring and other (income) charges, net	62.8	5.6
Acquisition-related costs	0.3	1.9
Other (income) expense, net	32.2	(18.2)
Interest expense, net	22.3	19.6
Income (loss) before income taxes	(71.9)	64.1
Provision (benefit) for income taxes	(15.9)	13.4
Net income (loss)	$ (56.0)	$ 50.7
Per share data
Basic earnings (loss) per share (usd per share)	$ (1.54)	$ 1.36
Diluted earnings (loss) per share (usd per share)	$ (1.54)	$ 1.35

NGVT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 88.5	$ 95.9
Accounts receivable, net of allowance of $1.2 - 2024 and $1.1 - 2023	191.3	182.0
Inventories, net	325.5	308.8
Prepaid and other current assets	63.9	71.9
Current assets	669.2	658.6
Property, plant, and equipment, net	726.5	762.2
Operating lease assets, net	63.6	67.1
Goodwill	525.9	527.5
Other intangibles, net	302.8	336.1
Deferred income taxes	23.8	11.6
Restricted investment, net of allowance of $0.1 - 2024 and $0.2 - 2023	79.8	79.1
Strategic investments	94.1	99.2
Other assets	81.2	81.9
Total Assets	2,566.9	2,623.3
Liabilities
Accounts payable	153.1	158.4
Accrued expenses	70.5	72.3
Accrued payroll and employee benefits	16.6	19.9
Current operating lease liabilities	18.8	18.7
Notes payable and current maturities of long-term debt	84.7	84.4
Income taxes payable	8.0	9.2
Current liabilities	351.7	362.9
Long-term debt including finance lease obligations	1,408.7	1,382.8
Noncurrent operating lease liabilities	45.0	48.6
Deferred income taxes	64.4	70.9
Other liabilities	128.9	126.7
Total Liabilities	1,998.7	1,991.9
Commitments and contingencies (Note 13)
Equity
Preferred stock (par value $0.01 per share; 50,000,000 shares authorized; zero issued and outstanding at 2024 and 2023, respectively)	0.0	0.0
Common stock (par value $0.01 per share; 300,000,000 shares authorized; 43,585,084 and 43,446,513 issued and 36,324,153 and 36,233,092 outstanding at 2024 and 2023, respectively)	0.4	0.4
Additional paid-in capital	169.2	164.9
Retained earnings	946.3	1,002.3
Accumulated other comprehensive income (loss)	(35.6)	(26.7)
Treasury stock, common stock, at cost (7,260,931 shares - 2024 and 7,213,421 shares - 2023)	(512.1)	(509.5)
Total Equity	568.2	631.4
Total Liabilities and Equity	$ 2,566.9	$ 2,623.3

About Ingevity Corp

Ingevity Corporation manufactures and sells specialty chemicals and activated carbon materials in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. It operates through two segments, Performance Materials and Performance Chemicals. The Performance Materials segment engineers, manufactures, and sells hardwood-based and chemically activated carbon products primarily for use in gasoline vapor emission control systems in cars, motorcycles, trucks, and boats. This segment also produces other activated carbon products for use in various applications, including food, water, beverage, and chemical purification. The Performance Chemicals segment comprises of pavement technologies, industrial specialties, and engineered polymers. It manufactures products derived from crude tall oil and lignin extracted from the kraft pulping process, as well as caprolactone monomers and derivatives derived from cyclohexanone and hydrogen peroxide. This segment's products are used in various applications comprising warm mix paving, pavement preservation, pavement reconstruction and recycling, road striping, oil well service additives, oil production, and downstream applications; and adhesives, agrochemical dispersants, lubricants, printing inks, industrial intermediates and oilfield, coatings, resins, elastomers, bioplastics, and medical devices. The company was founded in 1964 and is headquartered in North Charleston, South Carolina.

CEO	Mr. John C. Fortson
WEBSITE	ingevity.com
INDUSTRY	Chemicals
EMPLOYEES	2050

Ingevity Corp Frequently Asked Questions

What is the ticker symbol for Ingevity Corp? What does NGVT stand for in stocks?

NGVT is the stock ticker symbol of Ingevity Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ingevity Corp (NGVT)?

As of Tue May 07 2024, market cap of Ingevity Corp is 1.95 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NGVT stock?

You can check NGVT's fair value in chart for subscribers.

What is the fair value of NGVT stock?

You can check NGVT's fair value in chart for subscribers. The fair value of Ingevity Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ingevity Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NGVT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ingevity Corp a good stock to buy?

The fair value guage provides a quick view whether NGVT is over valued or under valued. Whether Ingevity Corp is cheap or expensive depends on the assumptions which impact Ingevity Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NGVT.

What is Ingevity Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, NGVT's PE ratio (Price to Earnings) is -17.41 and Price to Sales (PS) ratio is 1.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NGVT PE ratio will change depending on the future growth rate expectations of investors.