Ingredion Incorporated is set to release its latest quarterly earnings report on Monday, May 4th. Analysts expect the company to post earnings per share of $2.44.
Ingredion's current stock price stands at $113.77, with a price change of 75.5 cents, reflecting a 0.668% increase from the previous close. The trading volume is $33,158, which is 4.88% higher than the average.
In the most recent earnings report released on Monday, February 2nd, Ingredion reported earnings per share of $2.59. The company's revenue and profit margin figures have shown stability, with a strong performance in the last quarter.
Ingredion offers a forward dividend yield of 2.88%, with a dividend per share of 82 cents for the most recent quarter. The trailing twelve months dividend per share stands at $3.26, indicating a consistent distribution of profits to shareholders.
Ingredion's cash flow reflects a net change of $115 million, with a free cash flow of $270 million. The company maintains a healthy cash position, ending the period with $1 billion in cash.
Key financial metrics show Ingredion's strong performance, with notable ratios like a net profit margin of 9.39%, return on equity of 3.8%, and a price-to-earnings ratio of 10.63, indicating the company's profitability and investor confidence.
Ingredion's balance sheet reveals a total asset value of $7.90 billion, with total liabilities amounting to $3.53 billion. The company's net debt stands at $760 million, showcasing a stable financial position.
By analyzing these financial aspects, investors can gain insights into Ingredion's market performance and financial health.
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.