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Ingredion Inc Stock Research

INGR

100.31USD+0.13(+0.13%)Delayed

Market Summary

USD100.31+0.13
Delayed
0.13%

INGR Alerts

INGR Stock Price

INGR RSI Chart

INGR Valuation

Market Cap

6.4B

Price/Earnings (Trailing)

13.08

Price/Sales (Trailing)

0.81

EV/EBITDA

6.42

Price/Free Cashflow

-43.48

INGR Price/Sales (Trailing)

INGR Profitability

EBT Margin

8.41%

Return on Equity

15.63%

Return on Assets

6.51%

Free Cashflow Yield

-2.3%

INGR Fundamentals

INGR Revenue

Revenue (TTM)

7.9B

Revenue Y/Y

13.22%

Revenue Q/Q

-1.78%

INGR Earnings

Earnings (TTM)

492.0M

Earnings Y/Y

70.15%

Earnings Q/Q

7.55%

Price Action

52 Week Range

78.81105.24
(Low)(High)

Last 7 days

2.0%

Last 30 days

-1.4%

Last 90 days

1.6%

Trailing 12 Months

17.3%

INGR Financial Health

Current Ratio

1.76

INGR Investor Care

Dividend Yield

2.74%

Dividend/Share (TTM)

2.68

Buy Backs (1Y)

1.79%

Diluted EPS (TTM)

7.34

Peers (Alternatives to Ingredion)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
47.8B
19.4B
5.26% 28.68%
16.42
2.47
4.08% 30.06%
43.6B
101.6B
-4.53% -15.24%
10.05
0.43
19.13% 60.21%
24.6B
12.4B
-13.59% -21.90%
24.65
1.98
3.48% 5.62%
22.4B
15.3B
-1.88% 5.67%
23.38
1.47
8.00% -35.48%
14.6B
4.5B
1.70% 79.41%
30.92
3.25
15.82% 144.25%
MID-CAP
6.4B
7.9B
-1.41% 17.27%
13.08
0.81
15.26% 320.51%
5.2B
17.5B
-10.03% -6.91%
6.98
0.3
18.21% 2306.23%
3.0B
595.3M
3.19% -34.23%
-50.1
5.01
39.92% -100.32%
5.1B
6.1B
-2.05% 39.31%
5.87
0.84
18.23% 1243.59%
SMALL-CAP
124.4M
263.4M
9.04% 29.23%
2.72
0.47
5.45% 786.05%
100.4M
136.7M
8.41% -12.10%
873.11
0.73
20.26% -96.88%
36.0M
-
-13.55% -47.56%
-3.61
0.72
513.44% -38.56%
33.0M
33.1M
4.60% -30.91%
-9.14
1
2.77% -346.02%
4.4M
39.0M
-22.81% 65.63%
-0.38
0.11
30.61% -109.87%

Financials for Ingredion

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.0%7,9467,7147,4547,1726,894
Gross Profit4.3%1,4941,4331,3821,3591,331
  R&D Expenses20.9%52.0043.00---
EBITDA15.2%965838916540-
EBITDA Margin8.0%0.12*0.11*0.13*0.08*-
Earnings Before Taxes7.4%668622614623248
EBT Margin4.3%0.08*0.08*0.08*0.09*-
Interest Expenses13.9%82.0072.00---
Net Income10.6%492445457493117
Net Income Margin7.3%0.06*0.06*0.06*0.07*-
Free Cahsflow-70.1%-148-87.00-68.0044.00-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.1%7,5617,4037,3897,4356,999
  Current Assets1.3%3,3093,2683,1773,1292,697
    Cash Equivalents-19.7%236294318324328
  Inventory6.5%1,5971,5001,4031,3061,172
  Net PPE4.3%2,4072,3082,3752,4462,423
Liabilities1.8%4,2994,2244,1214,0213,774
  Current Liabilities-3.4%1,8821,9491,8451,7211,512
    LT Debt, Non Current11.6%1,9401,7391,7391,7391,738
Shareholder's Equity2.6%3,1473,0663,1463,2933,100
  Retained Earnings1.6%4,2104,1434,0853,9863,899
  Additional Paid-In Capital-0.1%1,1321,1331,1331,1601,158
Accumulated Depreciation2.1%3,3263,2563,2793,3043,232
Shares Outstanding-0.9%66.0066.0067.00--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-28.6%152213259318392
  Share Based Compensation11.1%30.0027.0025.0023.00-
Cashflow From Investing-7.0%-320-299-314-347-335
Cashflow From Financing786.7%103-15.00-134-214-373
  Dividend Payments1.1%181179181184184
  Buy Backs-10.8%-103-93.00-108-74.00-49.00

Risks for INGR

What is the probability of a big loss on INGR?

61.9%


Probability that Ingredion stock will be more than 20% underwater in next one year

33.5%


Probability that Ingredion stock will be more than 30% underwater in next one year.

0%


Probability that Ingredion stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does INGR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Ingredion was unfortunately bought at previous high price.

Drawdowns

Returns for INGR

Cumulative Returns on INGR

5.7%


10-Year Cumulative Returns

1.7%


7-Year Cumulative Returns

-2%


5-Year Cumulative Returns

14.0%


3-Year Cumulative Returns

What are the long-term rolling returns for INGR?

FIve years rolling returns for Ingredion.

Annualized Returns

Which funds bought or sold INGR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-1.91
653,762
4,041,960
0.03%
2023-03-17
American Portfolios Advisors
added
94.82
13,261
30,276
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.21
19,136,300
108,703,000
0.12%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-2.54
43,000
277,000
-%
2023-03-03
TIAA, FSB
reduced
-16.72
4,269
304,269
-%
2023-03-01
Regal Investment Advisors LLC
reduced
-0.41
217,831
1,251,830
0.12%
2023-02-28
Voya Investment Management LLC
added
0.32
159,685
880,685
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
183,000
1,032,000
0.01%
2023-02-21
Adalta Capital Management LLC
new
-
197,000
197,000
0.14%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
10.79
81,822
315,822
-%

1–10 of 44

Latest Funds Activity

Are funds buying INGR calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own INGR
No. of Funds

Ingredion News

MarketBeat

Hanson & Doremus Investment Management Grows Position in ....

MarketBeat,
3 days ago

Food Institute Blog

Marketscreener.com

Schedule 13G FIlings of Ingredion

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.26%
7,379,241
SC 13G/A
Jan 24, 2023
blackrock inc.
9.4%
6,165,517
SC 13G/A
Feb 01, 2022
blackrock inc.
8.5%
5,683,001
SC 13G/A
Oct 12, 2021
vanguard group inc
10.00%
6,701,732
SC 13G/A
Feb 10, 2021
vanguard group inc
9.15%
6,126,244
SC 13G/A
Jan 29, 2021
blackrock inc.
8.7%
5,825,821
SC 13G/A
Feb 12, 2020
vanguard group inc
9.56%
6,384,990
SC 13G/A
Feb 04, 2020
blackrock inc.
10.6%
7,069,576
SC 13G/A

INGR Fair Value

Ingredion fair value in different scenarios

The table shows the Fair Value estimates for Ingredion for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

67.79

-32.42%

85.57

-14.69%

102.68

2.36%

127.81

27.42%

164.65

64.14%
Current Inflation

76.99

-23.25%

89.40

-10.88%

124.13

23.75%

154.60

54.12%

177.46

76.91%
Very High Inflation

59.47

-40.71%

73.32

-26.91%

81.18

-19.07%

98.78

-1.53%

122.57

22.19%

Historical Ingredion Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Ingredion

View All Filings
Date Filed Form Type Document
Mar 24, 2023
PRE 14A
PRE 14A
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading

Latest Insider Trading transactions for INGR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-16
Perez y Landazuri Pierre
sold
-2.71312
96.21
-0.0282
svp, president emea
2023-03-16
Bastos-Evans Valdirene
sold
-20.6178
96.21
-0.2143
svp, president, apac
2023-03-16
Kokke Jorgen
sold (taxes)
-30,113
96.21
-313
evp, president americas
2023-03-16
Gray James D
sold (taxes)
-36,271
96.21
-377
evp, chief financial officer
2023-03-16
Fernandes Larry
sold (taxes)
-8,466
96.21
-88.00
svp, chief commercial officer
2023-03-16
Xu Jinghuai
sold
-52.3575
96.21
-0.5442
svp, chief innovation officer
2023-03-16
Perez y Landazuri Pierre
sold (taxes)
-14,623
96.21
-152
svp, president emea
2023-03-16
Bastos-Evans Valdirene
sold (taxes)
-3,655
96.21
-38.00
svp, president, apac
2023-03-16
Xu Jinghuai
sold (taxes)
-37,618
96.21
-391
svp, chief innovation officer
2023-03-16
Kokke Jorgen
sold
-42.0149
96.21
-0.4367
evp, president americas

1–10 of 50

James P. Zallie
12000
Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. It operates through four segments: North America; South America; Asia-Pacific; and Europe, Middle East and Africa. The company offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins, and glucose syrup solids, as well as food-grade and industrial starches, biomaterials, and nutrition ingredients. It also provides edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise, and other foods; and corn gluten feed used as protein feed for chickens, pet food, and aquaculture, as well as fruit and vegetable products, such as concentrates, purees and essences, pulse proteins, and hydrocolloids systems and blends. The company's products are derived primarily from processing corn and other starch-based materials, such as tapioca, potato, and rice. It serves food, beverage, brewing, and animal nutrition industries. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

INGR Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Net sales$ 7,946$ 6,894$ 5,987
Cost of sales6,4525,5634,715
Gross profit1,4941,3311,272
Operating expenses715668628
Other operating expense (income)13(34)(31)
Restructuring/impairment charges and related adjustments438793
Operating income762310582
Financing costs997481
Other non-operating (income)(5)(12)(5)
Income before income taxes668248506
Provision for income taxes166123152
Net income502125354
Less: Net income attributable to non-controlling interests1086
Net income attributable to Ingredion$ 492$ 117$ 348
Weighted average common shares outstanding:   
Basic (in shares)66.267.167.2
Diluted (in shares)67.067.867.6
Earnings per common share of Ingredion:   
Basic (in dollars per share)$ 7.43$ 1.74$ 5.18
Diluted (in dollars per share)$ 7.34$ 1.73$ 5.15

INGR Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 236$ 328
Short-term investments34
Accounts receivable, net1,4111,130
Inventories1,5971,172
Prepaid expenses6263
Total current assets3,3092,697
Property, plant and equipment, net of accumulated depreciation of $3,326 and $3,232, respectively2,4072,423
Intangible assets1,3011,348
Other assets544531
Total assets7,5616,999
Current liabilities:  
Short-term borrowings543308
Accounts payable873774
Accrued liabilities466430
Total current liabilities1,8821,512
Long-term debt1,9401,738
Other non-current liabilities477524
Total liabilities4,2993,774
Share-based payments subject to redemption4836
Redeemable non-controlling interests5171
Ingredion stockholders’ equity:  
Preferred stock — authorized 25,000,000 shares — $0.01 par value, none issued00
Common stock — authorized 200,000,000 shares — $0.01 par value, 77,810,875 issued at December 31, 2022 and December 31, 202111
Additional paid-in capital1,1321,158
Less: Treasury stock (common stock: 12,116,920 and 11,154,203 shares at December 31, 2022 and December 31, 2021, respectively) at cost(1,148)(1,061)
Accumulated other comprehensive loss(1,048)(897)
Retained earnings4,2103,899
Total Ingredion stockholders’ equity3,1473,100
Non-redeemable non-controlling interests1618
Total equity3,1633,118
Total liabilities and equity$ 7,561$ 6,999