Ingredion Incorporated (INGR) Analysts See $1.89 EPS

April 27, 2018 - By Linda Rogers

Ingredion Incorporated (NYSE:INGR) LogoInvestors sentiment decreased to 1 in 2017 Q4. Its down 0.05, from 1.05 in 2017Q3. It worsened, 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.
Chicago Equity Prtn Lc has 28,170 shares for 0.12% of their portfolio. North Point Port Managers Oh invested 2.99% of its portfolio in Ingredion Incorporated (NYSE:INGR). State Bank stated it has 2,876 shares. New York-based Brown Brothers Harriman And has invested 0% in Ingredion Incorporated (NYSE:INGR). Glob X Mngmt Co Limited Liability Company holds 0% of its portfolio in Ingredion Incorporated (NYSE:INGR) for 1,241 shares. Cibc World Inc holds 0.01% or 14,144 shares. Moreover, Andra Ap has 0.11% invested in Ingredion Incorporated (NYSE:INGR). Comml Bank Of Mellon has 1.01 million shares for 0.04% of their portfolio. Hanson Mcclain has invested 0% in Ingredion Incorporated (NYSE:INGR). Nomura Asset Mngmt reported 0.02% stake. Eulav Asset Management reported 34,800 shares. Moreover, Goldman Sachs Group has 0.03% invested in Ingredion Incorporated (NYSE:INGR). Retirement Of Alabama, Alabama-based fund reported 135,726 shares. Citigroup Inc has invested 0% in Ingredion Incorporated (NYSE:INGR). Comm Bankshares reported 2,424 shares.

Analysts expect Ingredion Incorporated (NYSE:INGR) to report $1.89 EPS on May, 3 before the open.They anticipate $0.01 EPS change or 0.53 % from last quarter’s $1.88 EPS. INGR’s profit would be $136.52M giving it 16.55 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 decreased 0.32% or $0.4 during the last trading session, reaching $125.12. About 347,799 shares traded. Ingredion Incorporated (NYSE:INGR) has risen 6.23% since April 27, 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 rating was upgraded by Stephens to “Overweight” on Wednesday, November 15. The stock of Ingredion Incorporated (NYSE:INGR) earned “Buy” rating by Jefferies on Friday, October 27. The firm has “Buy” rating given on Wednesday, January 10 by Credit Suisse. The rating was maintained by Credit Suisse with “Buy” on Thursday, November 2.

Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. The company has market cap of $9.04 billion. The firm operates through four divisions: North America, South America, Asia Pacific and Europe, and Middle East and Africa. It has a 17.72 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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