Ingredion Inc (NYSE: INGR) has reported E.P.S. of $2.88 for its third fiscal quarter (ending September 30) versus $2.39 for the same period a year ago — an increase of 21%. E.P.S. were $10.41 for the latest four quarters through September 30 versus $9.48 for the same period a year ago — an increase of 10%.
Recent Price Action
Ingredion Inc (NYSE: INGR) stock closed at $154.86 on 11/5/24 after a major increase of 15.5%. Moreover, trading volume in this advance was exceptionally high at 420% of normal. The stock has risen 14.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
INGR’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Ingredion has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Ingredion has a neutral Appreciation Score of 48 but a good Power Rating of 78, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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