81.46 -0.02 (-0.02%)
After hours: 4:13PM EDT
|Bid||79.72 x 800|
|Ask||84.88 x 800|
|Day's Range||81.33 - 82.85|
|52 Week Range||75.67 - 116.39|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||14.20|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||2.50 (3.28%)|
|1y Target Est||92.50|
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]
Ingredion Inc NYSE:INGRView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for INGR with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting INGR. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding INGR totaled $64.98 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Ingredion...
While it's not the best-known of the pot stocks, Hexo (NYSEAMERICAN:HEXO) is starting to build its reputation. Between fantastic year-to-date performance, a recent uplisting to a major U.S. stock exchange, and a shrewd merger, things are looking up for Hexo stock. There's also a promising venture with MolsonCoors (NYSE:TAP) that gives Hexo credibility and helps elevate it to the big leagues within the pot stock universe.Unfortunately, shareholders buying into the story today may be getting in a little late. The stock is up to more than $6 in just a few months. That, along with dilution from its recent merger has inflated Hexo's market cap a great deal. The company now has a lot to prove in order to justify its stock price.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Yield REITs to Buy (Even When the Market Tanks) Hexo Has Huge AmbitionsA lot of marijuana companies are talking a big game about their future plans. More than a couple of the bigger companies seem intent on building global empires. Even by those standards, however, Hexo is shooting for the moon.On the company's most recent earnings conference call, CEO Sebastien St. Louis stated, "Our vision has remained consistent to create a branded consistent on and off cannabis experience across a variety of verticals in a variety of experiences ranging from sleep, to sport, to sex, to diet, to fun."Hexo isn't just aiming to sell marijuana, it wants to change everything ranging from sex to athletics and nutrition. Heady stuff.Furthermore, Hexo either sees the pot market becoming huge. Or perhaps it is planning on a variety of non cannabis things as well. To those ends, St. Louis said, "We intend to become the premiere branded ingredients for food companies not only a top two in Canada, but also top three globally."For comparison's sake, a U.S. leader in the ingredients for food space, Ingredion (NYSE:INGR) has both a market cap and annual sales of around $6 billion. Hexo, by contrast, has a market cap of under $2 billion and sold just ~$10 million of product last quarter. If Hexo can reach the size of a company like Ingredion, it'd be a home run for shareholders. But it has a long way to go to reach that aim. Can Hexo Live up to the Hype?Hexo stock is having a fantastic year. As of this writing, the stock is up 101% year to date. That's incredible on its own. It's even more impressive when you consider that most of the other leading marijuana stocks have been in a bit of a slump lately.We have to ask if Hexo will be able to maintain its hot streak though. As our Vince Martin recently wrote, much of Hexo's recent gains have come from investors discovering the stock, rather than the company's actual accomplishments."The story behind Hexo is gaining a broader reach -- and the Hexo stock price is responding in kind. The question at this point is whether that's a good thing -- and whether a strong YTD is starting to price in at least some of the opportunity here, "Martin wrote.Martin went on to explain how trading volume in HEXO stock has surged. In particular, with the company's up-listing to a major market in the U.S., it has attracted far more activity. But the company will now need to demonstrate that it can live up to its greatly increased share price. Newstrike Deal Looks Like a PositiveOne positive for Hexo, as compared to other marijuana companies, is that it acquired Newstrike Brands (OTCMKTS:NWKRF). Hexo appears to have gotten a great deal, as it paid just a few percent premium to Newstrike's then stock price. Newstrike removes one key limitation for Hexo. Remember that Hexo is based in Quebec and has taken a big lead in French-speaking Canada. However Quebec makes up just 8 million out of Canada's 37 million person population. Newcastle, with its business relationships in English-speaking provinces gives Hexo a major boost in becoming a national rather than just regional player.Additionally, as of Newcastle's latest filing, that company had a large cash position and few liabilities. Combine with Hexo, which recently raised money of its own, and the combined firm will have a great balance sheet with which to pursue further growth opportunities. Hexo Stock VerdictHexo has built itself a bit of a differentiated business model from many of the other large Canadian marijuana rivals. Its focus on both edibles and beverages via the MolsonCoors relationship should give it some cover from steadily sinking marijuana prices in the Canadian recreational marijuana market. And if the company's ambitions come anywhere close to playing out, Hexo stock should be a big winner.On top of that, the company's balance sheet and Newstrike deal should give it a lot of positive momentum through the rest of 2019. The company is looking at going from a revenue run rate that is currently around $40 million to something like four times that next year. Hexo should have some solid earnings releases coming in future quarters.While the company's story is promising, make sure you are comfortable with the risk before buying into Hexo stock at this price. It wouldn't surprise me at all if the stock dipped 20-30% in coming weeks, particularly if the general malaise in the pot stock sector continues.At the time of this writing, Ian Bezek owned TAP and INGR stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post Up More Than 100% Already, It's Time to Take Profits on Hexo Stock appeared first on InvestorPlace.
, formerly called Corn Products International, is an underfollowed food products manufacturer. Over the past 10 years Ingredion outperformed 80% of the approximately 1,700 companies in Value Line's main research universe. Earnings contracted to $6.92 in 2018, taking INGR back down to the $87 area.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! When Ingredion Incorporated's (NYSE:INGR) announced its latest earnings (31 December 2018), I wanted...
Ingredion (INGR) delivered earnings and revenue surprises of -7.23% and -4.59%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Westchester, Illinois-based company said it had net income of $1.48 per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, came to $1.54 per share. The ...
First quarter 2019 reported and adjusted EPS* were $1.48 and $1.54, compared with $1.90 and $1.94 in the first quarter 20182019 adjusted EPS expected to be in the range of.
Ingredion Incorporated (INGR), a leading global provider of ingredient solutions to diversified industries, will present at BMO Capital Markets 14th Annual Farm to Market Conference on Thursday, May 16 in New York City. James Gray, executive vice president and chief financial officer, will participate in a fireside chat at 8:50 a.m. Eastern Time (7:50 a.m. Central Time). The presentation will be webcast live on, www.ingredion.com, in the "Company and Investors" section, under "Investors/Presentations & Webcasts/Presentations." Participants are encouraged to log onto the webcast approximately 10 minutes prior to the start of the presentation. A replay of the presentation will also be available for a limited time on the Company`s website. Ingredion Incorporated (INGR) headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries.
Ingredion (INGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEWS RELEASE CONTACTS: Investors: Heather Kos, 708-551-2592 Media: Becca Hary, 708-551-2602 INGREDION LEADS SERIES B FUNDING FOR CLARA FOODS AND CONTINUES EXPANDING ITS PROTEIN PORTFOLIO Novel fermentation ...
SOUTH SAN FRANCISCO, Calif., April 25, 2019 /PRNewswire/ -- Clara Foods today announced its Series B financing, led by global ingredient solutions leader Ingredion. Clara Foods is the market leader in engineering, manufacturing and formulating animal-free, animal proteins as ingredients for the global food and beverage industry.
WESTCHESTER, Ill., April 15, 2019 - Ingredion Incorporated (INGR), a leading global provider of ingredient solutions, today announced that its board of directors has elected Janet Bawcom, as general counsel and corporate secretary, effective immediately. In this capacity, Bawcom will be responsible for all legal and regulatory affairs and serve as the corporate secretary of the board of directors. Bawcom will report to Jim Zallie, president and chief executive officer. "Janet is an accomplished leader with an extensive background managing global legal, regulatory and compliance issues," said Zallie.
Ingredion Incorporated (INGR), a leading global provider of ingredient solutions to diversified industries, will release its 2019 first-quarter financial results for the period ended March 31, 2019, before the market opens on Thursday, May 2, 2019. Ingredion will conduct a conference call on Thursday, May 2 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time), during which Jim Zallie, president and chief executive officer, and James Gray, executive vice president and chief financial officer, will discuss the quarterly results. The conference call and accompanying slide presentation will be webcast live on, www.ingredion.com, in the "Company and Investors" section, under "Investors/Presentations & Webcasts/Presentations." Participants are encouraged to log onto the webcast approximately 10 minutes prior to the start of the presentation. A replay of the presentation will also be available on the Company`s website.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for th...