Inghams Group (ASX:ING) - Stock Price, News & Analysis

ING Stock Overview

Produces and sells chicken and turkey products under the Ingham’s brand in Australia and New Zealand.

ING fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	5/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 52.1% below our estimate of its fair value

Earnings are forecast to grow 6.68% per year

Earnings grew by 64.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Unstable dividend track record

Inghams Group Limited Competitors

Cobram Estate Olives

ASX:CBO

AU$668.8m

Ricegrowers

ASX:SGLLV

AU$525.8m

FFI Holdings

ASX:FFI

AU$41.4m

Costa Group Holdings

ASX:CGC

AU$1.5b

Price History & Performance

Summary of all time highs, changes and price drops for Inghams Group
Historical stock prices
Current Share Price	AU$3.11
52 Week High	AU$4.51
52 Week Low	AU$3.05
Beta	0.40
11 Month Change	-17.51%
3 Month Change	-12.15%
1 Year Change	-10.89%
33 Year Change	-23.21%
5 Year Change	-4.60%
Change since IPO	-3.42%

Inghams Group's (ASX:ING) Dividend Will Be Reduced To A$0.08

Aug 26

Recent updates

Inghams Group's (ASX:ING) Dividend Will Be Reduced To A$0.08

Aug 26

Getting In Cheap On Inghams Group Limited (ASX:ING) Is Unlikely

Aug 14

Inghams Group Limited (ASX:ING) Shares Could Be 43% Below Their Intrinsic Value Estimate

Jul 02

Here's What's Concerning About Inghams Group's (ASX:ING) Returns On Capital

May 22

Inghams Group Limited's (ASX:ING) Popularity With Investors Is Under Threat From Overpricing

Feb 17

We Think Some Shareholders May Hesitate To Increase Inghams Group Limited's (ASX:ING) CEO Compensation

Oct 31

Inghams Group Limited's (ASX:ING) Intrinsic Value Is Potentially 30% Above Its Share Price

Aug 20

Here's Why Inghams Group (ASX:ING) Has A Meaningful Debt Burden

Jun 14

Returns On Capital Signal Tricky Times Ahead For Inghams Group (ASX:ING)

May 04

Inghams Group's (ASX:ING) Dividend Will Be Reduced To AU$0.065

Mar 07

Inghams Group's (ASX:ING) Shareholders Will Receive A Smaller Dividend Than Last Year

Feb 21

Investors Could Be Concerned With Inghams Group's (ASX:ING) Returns On Capital

Feb 02

We Think Inghams Group (ASX:ING) Can Stay On Top Of Its Debt

Oct 06

Inghams Group (ASX:ING) Is Paying Out A Larger Dividend Than Last Year

Aug 27

Earnings Update: Inghams Group Limited (ASX:ING) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Aug 22

Returns On Capital At Inghams Group (ASX:ING) Paint A Concerning Picture

Aug 10

Is Inghams Group (ASX:ING) A Risky Investment?

Jun 14

Inghams Group (ASX:ING) Might Be Having Difficulty Using Its Capital Effectively

May 03

Inghams Group Limited (ASX:ING) Shares Could Be 25% Below Their Intrinsic Value Estimate

Apr 02

Do Institutions Own Inghams Group Limited (ASX:ING) Shares?

Mar 20

Do Investors Have Good Reason To Be Wary Of Inghams Group Limited's (ASX:ING) 4.1% Dividend Yield?

Mar 07

Is Inghams Group (ASX:ING) A Risky Investment?

Feb 21

Have Insiders Been Buying Inghams Group Limited (ASX:ING) Shares?

Feb 07

Shareholder Returns

	ING	AU Food	AU Market
7D	0.6%	-4.3%	0.03%
1Y	-10.9%	8.5%	9.5%

Return vs Industry: ING underperformed the Australian Food industry which returned 8.5% over the past year.

Return vs Market: ING underperformed the Australian Market which returned 9.5% over the past year.

Price Volatility

Is ING's price volatile compared to industry and market?
ING volatility
ING Average Weekly Movement	6.4%
Food Industry Average Movement	7.2%
Market Average Movement	8.3%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: ING's share price has been volatile over the past 3 months.

Volatility Over Time: ING's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1918	n/a	Andrew Reeves	www.inghams.com.au

Inghams Group Limited, together with its subsidiaries, produces and sells chicken and turkey products under the Ingham’s brand in Australia and New Zealand. It also offers stock feeds for poultry and pig industries. The company was founded in 1918 and is based in North Ryde, Australia.

Inghams Group Limited Fundamentals Summary

How do Inghams Group's earnings and revenue compare to its market cap?
ING fundamental statistics
Market cap	AU$1.13b
Earnings (TTM)	AU$101.50m
Revenue (TTM)	AU$3.26b

11.4x

P/E Ratio

0.4x

P/S Ratio

Is ING overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ING income statement (TTM)
Revenue	AU$3.26b
Cost of Revenue	AU$2.64b
Gross Profit	AU$620.90m
Other Expenses	AU$519.40m
Earnings	AU$101.50m

Last Reported Earnings

Jun 29, 2024

Next Earnings Date

Oct 04, 2024

Earnings per share (EPS)	0.27
Gross Margin	19.03%
Net Profit Margin	3.11%
Debt/Equity Ratio	267.3%

How did ING perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

73%

Payout Ratio

Does ING pay a reliable dividends?

See ING dividend history and benchmarks

When do you need to buy ING by to receive an upcoming dividend?
Inghams Group dividend dates
Ex Dividend Date	Sep 20 2024
Dividend Pay Date	Oct 09 2024
Days until Ex dividend	20 days
Days until Dividend pay date	39 days

Does ING pay a reliable dividends?

See ING dividend history and benchmarks

ING Stock Overview

Rewards

Risk Analysis

Inghams Group Limited Competitors

ASX:CBO

AU$668.8m

ASX:SGLLV

AU$525.8m

ASX:FFI

AU$41.4m

ASX:CGC

AU$1.5b

Price History & Performance

Recent News & Updates

Consensus EPS estimates fall by 13%

Inghams Group's (ASX:ING) Dividend Will Be Reduced To A$0.08

Price target decreased by 9.5% to AU$3.84

Final dividend of AU$0.08 announced

Full year 2024 earnings released: EPS: AU$0.27 (vs AU$0.16 in FY 2023)

Investor sentiment deteriorates as stock falls 22%

Recent updates

Consensus EPS estimates fall by 13%

Inghams Group's (ASX:ING) Dividend Will Be Reduced To A$0.08

Price target decreased by 9.5% to AU$3.84

Final dividend of AU$0.08 announced

Full year 2024 earnings released: EPS: AU$0.27 (vs AU$0.16 in FY 2023)

Investor sentiment deteriorates as stock falls 22%

Inghams Group Limited Announces Dividend for the Six Months Ended June 29, 2024, Payable on October 9, 2024

Getting In Cheap On Inghams Group Limited (ASX:ING) Is Unlikely

Inghams Group Limited (ASX:ING) Shares Could Be 43% Below Their Intrinsic Value Estimate

Here's What's Concerning About Inghams Group's (ASX:ING) Returns On Capital

Inghams Group Limited, Annual General Meeting, Nov 14, 2024

Upcoming dividend of AU$0.12 per share

Investor sentiment deteriorates as stock falls 18%

First half dividend of AU$0.12 announced

Inghams Group Limited's (ASX:ING) Popularity With Investors Is Under Threat From Overpricing

First half 2024 earnings released: EPS: AU$0.17 (vs AU$0.046 in 1H 2023)

Inghams Group Limited Announces Board Changes

Inghams Group Limited to Report First Half, 2024 Results on Feb 16, 2024

Investor sentiment improves as stock rises 16%

Price target increased by 7.8% to AU$4.02

Consensus EPS estimates increase by 26%

We Think Some Shareholders May Hesitate To Increase Inghams Group Limited's (ASX:ING) CEO Compensation

Inghams Group Limited Provides Earnings Guidance for the First Half Ending 23 December 2023 and Second Half 2024

Inghams Group Limited Announces Retirement of Jackie McArthur as Non-Executive Director, Effective 7 November 2023

Upcoming dividend of AU$0.10 per share at 4.3% yield

Inghams Group (ASX:ING) Is Paying Out A Larger Dividend Than Last Year

Inghams Group Limited Announces Appointment of Margaret (Margie) Haseltine as Non-Executive Director with Effect from 1 September 2023

Investor sentiment improves as stock rises 23%

Inghams Group (ASX:ING) Will Pay A Larger Dividend Than Last Year At A$0.10

New minor risk - Dividend sustainability

Price target increased by 13% to AU$3.61

Inghams Group Limited to Report Fiscal Year 2023 Final Results on Oct 06, 2023

Inghams Group Limited Announces Dividend for the Six Months Ended June 24, 2023, Payable on October 5, 2023

Full year 2023 earnings released: EPS: AU$0.16 (vs AU$0.094 in FY 2022)

Inghams Group Limited Announces Executive Appointments

Insufficient new directors

Upcoming dividend of AU$0.045 per share at 2.1% yield

Consensus EPS estimates fall by 11%, revenue upgraded

Inghams Group's (ASX:ING) Dividend Is Being Reduced To A$0.045

First half 2023 earnings released: EPS: AU$0.046 (vs AU$0.10 in 1H 2022)

Inghams Group Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended December 24, 2022, Payable on April 4, 2023

Inghams Group Limited Declares Interim Dividend for the Half Year of Fiscal Year 2023

Inghams Group Limited to Report First Half, 2023 Results on Feb 17, 2023

Inghams Group (ASX:ING) Will Pay A Smaller Dividend Than Last Year

Inghams Group's (ASX:ING) Dividend Will Be Reduced To A$0.005

Independent Non-Executive Director recently bought AU$53k worth of stock

Consensus forecasts updated

Inghams Group Limited's (ASX:ING) Intrinsic Value Is Potentially 30% Above Its Share Price

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 23% undervalued after recent price drop

Inghams Group Limited, Annual General Meeting, Nov 08, 2022

Inghams Group Limited to Report Fiscal Year 2022 Results on Aug 19, 2022

Here's Why Inghams Group (ASX:ING) Has A Meaningful Debt Burden

Consensus forecasts updated

Price target decreased to AU$3.45

Returns On Capital Signal Tricky Times Ahead For Inghams Group (ASX:ING)

Non-Executive Director recently bought AU$69k worth of stock

Non-Executive Director recently bought AU$69k worth of stock

Independent Non-Executive Director recently bought AU$75k worth of stock