NGVT - Ingevity Corporation

NYSE - NYSE Delayed Price. Currency in USD
88.71
-1.10 (-1.22%)
At close: 4:02PM EST
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Previous Close89.81
Open88.93
Bid88.62 x 800
Ask88.66 x 900
Day's Range88.48 - 90.65
52 Week Range72.59 - 120.41
Volume286,318
Avg. Volume281,276
Market Cap3.71B
Beta (3Y Monthly)2.08
PE Ratio (TTM)20.68
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Ingevity Corporation (NGVT) Up 2.7% Since Last Earnings Report: Can It Continue?
    Zacks

    Ingevity Corporation (NGVT) Up 2.7% Since Last Earnings Report: Can It Continue?

    Ingevity Corporation (NGVT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Here's Why I Think Ingevity (NYSE:NGVT) Is An Interesting Stock
    Simply Wall St.

    Here's Why I Think Ingevity (NYSE:NGVT) Is An Interesting Stock

    Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

  • Thomson Reuters StreetEvents

    Edited Transcript of NGVT earnings conference call or presentation 24-Oct-19 2:00pm GMT

    Q3 2019 Ingevity Corp Earnings Call

  • Moody's

    Ingevity Corporation -- Moody's announces completion of a periodic review of ratings of Ingevity Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Ingevity Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Near-Term Prospects Gloomy for Specialty Chemical Stocks
    Zacks

    Near-Term Prospects Gloomy for Specialty Chemical Stocks

    Near-Term Prospects Gloomy for Specialty Chemical Stocks

  • Wells Fargo: 3 Top Chemical Stocks to Buy Now
    TipRanks

    Wells Fargo: 3 Top Chemical Stocks to Buy Now

    Which stocks are primed for positive reactions? While less trendy than biotechs, Wall Street pros point to chemical stocks as capable of rewarding investors handsomely in the years to come. Not only has this sector generated double-digit returns in the last five years, but names in this space also typically perform well in an economic downturn.“Even during the financial crisis, the chemicals industry outperformed other industries. And the difference in value creation is substantial: where a $100 investment in telecoms in 2000 would have returned a meager $164 by 2018, the same investment in chemicals would have returned over $500,” wrote Arthur D Little consultants Michael Kolk, Koji Uchida and Marc de Pater.With the consultants noting that the demand for chemical-based solutions is likely to persist, we turned to one of the Street’s best-performing analysts, Wells Fargo’s Michael Sison, to find compelling investments in the sector.Using TipRanks, we were able to take an in-depth look at his top picks in the chemical industry. On top of getting a vote of confidence from Sison, each of the names has amassed enough support from other Wall Street analysts in the last three months to warrant a “Strong Buy” consensus rating.Ingevity Corporation (NGVT)Performance materials and chemicals company Ingevity provides specialty chemicals and high performance carbon materials. While investors have expressed concerns related to the demand for pine chemicals, Sison remains optimistic about NGVT.The five-star analyst tells investors that NGVT is a stand-out as it’s the only major global player that can meet the new Vapor Emission regulatory road map. This is necessary to be compliant with stricter standards in the U.S., China and Canada.“We believe NGVT is the only player serving the U.S. and Canada changes and market share in China could double in the term. Performance materials has grown well above 20% annually for the last three years including 2019 and we expect double digit growth through 2021,” Sison commented.It also doesn’t hurt that regulatory requirements in China as well as sales of its honeycomb scrubber products drove a third quarter earnings beat. In addition, given the company’s recent purchase of Perstorp Holding AB’s Capa segment and its pine chemicals stabilization, Sison is convinced that NGVT will be a long-term winner. As a result, the analyst reiterated his Buy rating and $100 price target, which implies about 15% upside from current levels.Similarly, the rest of the Street takes a bullish approach when it comes to NGVT. 4 Buy ratings and 1 Hold received in the last three months add up to a ‘Strong Buy’ analyst consensus. Not to mention its $108 average price target implies 23% upside potential. (See Ingevity stock analysis on TipRanks)Ashland Global Holdings (ASH)On the heels of recent divestitures, Sison argues that now is the ideal time to buy chemical company Ashland.Over the last decade, ASH has placed a significant focus on tailoring its product portfolio to become a pure play specialty chemical and ingredient company. Sison believes this shift away from non-chemical and more commoditized assets, which included divesting from Composites and its Marl BDO facility, was strategic as it could drive substantial gains.“With recent divestitures, ASH is now a pure-play specialty chemical company with EBITDA margins firmly in the low 20s, with a pathway to move to the mid-20s. We see growth for the next couple years anchored by cost savings initiatives, improved organic growth and bolt-on acquisitions,” the analyst explained.Sison also highlights ASH for its long-term goal of improving EBITDA margins. He adds that this improvement could be fueled by “a combination of more productivity/cost savings initiatives and more capital deployed to its consumer and personal care franchises to drive more consistent organic sales growth."All of the above factors prompted the analyst to initiate his ASH coverage with a bullish call. On top of this, Sison’s $90 price target indicates that he sees shares rising 15% over the next twelve months.As only Buy recommendations have been issued in the last three months, the message is clear: ASH is a ‘Strong Buy’. The average price target of $90 has the upside potential falling right in line with Sison’s projection. (See Ashland stock analysis on TipRanks)Linde (LIN)Sison maintains that Linde is a solid bet in the space thanks to the fact that its strong long-term growth narrative is supported by integration synergies, positive pricing and several new projects.Back in October 2018, the company merged with Praxair to become the largest industrial gas company in the world. With the expected cost and capex synergies resulting from the merger landing at $1.1 billion, it’s no wonder Sison is excited about this name. Not to mention he adds that the upside potential from cross selling offerings as well as improved focus on applications and technology could bring EBITDA margins back to the low 30s. If that wasn’t enough, the analyst sees EPS growth being driven by the $4.7 billion worth of backlogged projects it had as of Q2 2019.Sison reminds investors that the industry as a whole remains attractive with “four global players where pricing power is accelerating, margins are high, customer contracts are long term in nature with some having take or pay provisions and all focused on improving returns on capital”.Based on all of these positives, the five-star analyst gave LIN his stamp of approval by starting coverage with a Buy rating. According to his $223 price target, the upside potential comes in at about 12%.Other Wall Street analysts appear to mirror the analyst’s sentiment. As a result of the 3 Buy ratings and 1 Hold it racked up over the last three months, LIN is a ‘Strong Buy’. (See Linde stock analysis on TipRanks)

  • Ingevity's (NGVT) Earnings Top Estimates in Q3, Sales Miss
    Zacks

    Ingevity's (NGVT) Earnings Top Estimates in Q3, Sales Miss

    While Ingevity (NGVT) faced challenges from weak market conditions in Q3, it gained from the Capa caprolactone acquisition.

  • Is Ingevity Corporation (NGVT) Going To Burn These Hedge Funds ?
    Insider Monkey

    Is Ingevity Corporation (NGVT) Going To Burn These Hedge Funds ?

    It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]

  • Ingevity Corporation (NGVT) Q3 Earnings Beat Estimates
    Zacks

    Ingevity Corporation (NGVT) Q3 Earnings Beat Estimates

    Ingevity Corporation (NGVT) delivered earnings and revenue surprises of 2.82% and -1.47%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Benzinga

    Q3 Earnings Outlook For Ingevity

    On Wednesday, Ingevity (NYSE: NGVT ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Sell-side analysts expect Ingevity's EPS to be near $1.41 on ...

  • What Can We Make Of Ingevity Corporation’s (NYSE:NGVT) High Return On Capital?
    Simply Wall St.

    What Can We Make Of Ingevity Corporation’s (NYSE:NGVT) High Return On Capital?

    Today we'll look at Ingevity Corporation (NYSE:NGVT) and reflect on its potential as an investment. To be precise...

  • Ingevity Corporation (NGVT) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks

    Ingevity Corporation (NGVT) Reports Next Week: Wall Street Expects Earnings Growth

    Ingevity Corporation (NGVT) 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.

  • AXTA vs. NGVT: Which Stock Should Value Investors Buy Now?
    Zacks

    AXTA vs. NGVT: Which Stock Should Value Investors Buy Now?

    AXTA vs. NGVT: Which Stock Is the Better Value Option?

  • Is Ingevity Corporation's (NYSE:NGVT) CEO Pay Fair?
    Simply Wall St.

    Is Ingevity Corporation's (NYSE:NGVT) CEO Pay Fair?

    D. Wilson has been the CEO of Ingevity Corporation (NYSE:NGVT) since 2015. This analysis aims first to contrast CEO...

  • Ingevity Corporation (NGVT) Down 20.7% Since Last Earnings Report: Can It Rebound?
    Zacks

    Ingevity Corporation (NGVT) Down 20.7% Since Last Earnings Report: Can It Rebound?

    Ingevity Corporation (NGVT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • What Should You Know About The Future Of Ingevity Corporation's (NYSE:NGVT)?
    Simply Wall St.

    What Should You Know About The Future Of Ingevity Corporation's (NYSE:NGVT)?

    On 30 June 2019, Ingevity Corporation (NYSE:NGVT) announced its earnings update. Overall, analyst consensus outlook...

  • ICL or NGVT: Which Is the Better Value Stock Right Now?
    Zacks

    ICL or NGVT: Which Is the Better Value Stock Right Now?

    ICL vs. NGVT: Which Stock Is the Better Value Option?

  • Thomson Reuters StreetEvents

    Edited Transcript of NGVT earnings conference call or presentation 25-Jul-19 2:00pm GMT

    Q2 2019 Ingevity Corp Earnings Call

  • These 4 Measures Indicate That Ingevity (NYSE:NGVT) Is Using Debt Reasonably Well
    Simply Wall St.

    These 4 Measures Indicate That Ingevity (NYSE:NGVT) Is Using Debt Reasonably Well

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • ICL vs. NGVT: Which Stock Is the Better Value Option?
    Zacks

    ICL vs. NGVT: Which Stock Is the Better Value Option?

    ICL vs. NGVT: Which Stock Is the Better Value Option?

  • Ingevity Corporation (NGVT) Q2 2019 Earnings Call Transcript
    Motley Fool

    Ingevity Corporation (NGVT) Q2 2019 Earnings Call Transcript

    NGVT earnings call for the period ending June 30, 2019.

  • Ingevity's (NGVT) Earnings Beat Estimates in Q2, Sales Lag
    Zacks

    Ingevity's (NGVT) Earnings Beat Estimates in Q2, Sales Lag

    Ingevity (NGVT) gains from inorganic and organic growth strategy in Q2. The company reaffirms guidance for 2019.

  • Ingevity Corporation (NGVT) Q2 Earnings Surpass Estimates
    Zacks

    Ingevity Corporation (NGVT) Q2 Earnings Surpass Estimates

    Ingevity Corporation (NGVT) delivered earnings and revenue surprises of 0.74% and -3.52%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Ingevity Corporation (NGVT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks

    Ingevity Corporation (NGVT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    Ingevity Corporation (NGVT) 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.