Ingevity Corp
General ticker "NGVT" information:
- Sector: Materials
- Industry: Chemicals
- Capitalization: $1.7B
Ingevity Corp follows the US Stock Market performance with the rate: 6.4%.
Estimated limits based on current volatility of 2.6%: low 40.60$, high 42.74$
Factors to consider:
- North America accounted for 63.2% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [30.15$, 49.78$]
- 2024-12-30 to 2025-12-30 estimated range: [31.67$, 51.36$]
Financial Metrics affecting the NGVT estimates:
- Positive: Non-GAAP EPS, $ of 3.92 > 2.29
- Negative: Operating profit margin, % of -0.59 <= 1.03
- Positive: Operating cash flow per share per price, % of 13.20 > 12.76
- Positive: -3.48 < Investing cash flow per share, $ of -2.12
- Positive: 2.14 < Industry operating profit margin (median), % of 6.58
- Negative: Industry inventory ratio change (median), % of 0.71 > 0.49
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of -0.21
- Positive: 1.31 < Industry earnings per price (median), % of 3.50
Short-term NGVT quotes
Long-term NGVT plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,315.60MM | $1,668.30MM | $1,692.10MM |
| Operating Expenses | $1,152.80MM | $1,325.60MM | $1,403.90MM |
| Operating Income | $162.80MM | $342.70MM | $288.20MM |
| Non-Operating Income | $0.00MM | $-73.10MM | $-298.30MM |
| Interest Expense | $47.70MM | $54.30MM | $93.30MM |
| R&D Expense | $26.30MM | $30.30MM | $31.80MM |
| Income(Loss) | $162.80MM | $269.60MM | $-10.10MM |
| Taxes | $44.70MM | $58.00MM | $-4.70MM |
| Profit(Loss) | $118.10MM | $211.60MM | $-5.40MM |
| Stockholders Equity | $673.80MM | $698.30MM | $631.40MM |
| Inventory | $241.20MM | $335.00MM | $308.80MM |
| Assets | $2,469.00MM | $2,736.50MM | $2,623.30MM |
| Operating Cash Flow | $293.00MM | $313.10MM | $205.10MM |
| Capital expenditure | $103.80MM | $142.50MM | $109.80MM |
| Investing Cash Flow | $-140.60MM | $-553.90MM | $-77.30MM |
| Financing Cash Flow | $-133.10MM | $48.10MM | $-99.90MM |
| Earnings Per Share* | $2.97 | $5.54 | $-0.15 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.