Analysts See $1.89 EPS for Ingredion Incorporated (INGR)

April 17, 2018 - By Graig Alexander

Ingredion Incorporated (NYSE:INGR) LogoInvestors sentiment decreased to 1 in Q4 2017. Its down 0.05, from 1.05 in 2017Q3. It dropped, as 26 investors sold Ingredion Incorporated shares while 155 reduced holdings. 61 funds opened positions while 120 raised stakes. 59.96 million shares or 0.78% more from 59.50 million shares in 2017Q3 were reported.
Mutual Of America Cap Mgmt Ltd Llc accumulated 0.15% or 69,033 shares. State Farm Mutual Automobile Insur stated it has 0.01% of its portfolio in Ingredion Incorporated (NYSE:INGR). First Interstate Fincl Bank accumulated 700 shares or 0.02% of the stock. Atlantic Trust Group Inc Llc invested 0% in Ingredion Incorporated (NYSE:INGR). Amundi Pioneer Asset accumulated 397,166 shares. Td Asset has 189,606 shares for 0.04% of their portfolio. Brown Brothers Harriman & invested 0% of its portfolio in Ingredion Incorporated (NYSE:INGR). Dekabank Deutsche Girozentrale stated it has 53,167 shares. Robeco Institutional Asset Management Bv reported 14,625 shares. State Board Of Administration Of Florida Retirement holds 105,035 shares. Moreover, Strs Ohio has 0% invested in Ingredion Incorporated (NYSE:INGR). Denver Advisors Ltd Liability Company reported 0.2% of its portfolio in Ingredion Incorporated (NYSE:INGR). State Common Retirement Fund holds 308,646 shares or 0.05% of its portfolio. Fincl Architects Inc has 300 shares. Riverhead Management Lc owns 1,700 shares for 0.01% of their portfolio.

Analysts expect Ingredion Incorporated (NYSE:INGR) to report $1.89 EPS on May, 2.They anticipate $0.01 EPS change or 0.53 % from last quarter’s $1.88 EPS. INGR’s profit would be $136.53M giving it 17.26 P/E if the $1.89 EPS is correct. After having $1.73 EPS previously, Ingredion Incorporated’s analysts see 9.25 % EPS growth. The stock increased 0.02% or $0.02 during the last trading session, reaching $130.46. About 82,397 shares traded. Ingredion Incorporated (NYSE:INGR) has risen 6.23% since April 17, 2017 and is uptrending. It has underperformed by 5.32% the S&P500.

Ingredion Incorporated (NYSE:INGR) Ratings Coverage

Among 3 analysts covering Ingredion (NYSE:INGR), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ingredion had 4 analyst reports since October 27, 2017 according to SRatingsIntel. The company was upgraded on Wednesday, November 15 by Stephens. The rating was maintained by Credit Suisse on Wednesday, January 10 with “Buy”. The company was maintained on Thursday, November 2 by Credit Suisse. The company was maintained on Friday, October 27 by Jefferies.

Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. The company has market cap of $9.42 billion. The firm operates through four divisions: North America, South America, Asia Pacific and Europe, and Middle East and Africa. It has a 18.48 P/E ratio. It offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins and glucose, and syrup solids, as well as food-grade and industrial starches, and biomaterials.

Ingredion Incorporated (NYSE:INGR) Institutional Positions Chart

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