Ingredion (INGR) Stock Overview
Engages in the manufacture and sale of sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
INGR Community Fair Values
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Analyst Price Targets
Ingredion Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$106.76 |
| 52 Week High | US$141.78 |
| 52 Week Low | US$100.71 |
| Beta | 0.63 |
| 1 Month Change | -6.89% |
| 3 Month Change | -10.95% |
| 1 Year Change | -22.46% |
| 3 Year Change | -2.54% |
| 5 Year Change | 10.15% |
| Change since IPO | 636.28% |
Recent News & Updates
Analysis Article • May 08
Ingredion Incorporated Just Missed EPS By 9.8%: Here's What Analysts Think Will Happen Next
Shareholders might have noticed that Ingredion Incorporated ( NYSE:INGR ) filed its quarterly result this time last...
Narrative Update • Apr 27
INGR: Health And Affordability Positioning Will Support Long Term Earnings Recovery Potential
Analysts have trimmed the Ingredion price target slightly, with the updated fair value moving from about $127.14 to $126.57 as they weigh recent target cuts alongside fresh Buy initiations that highlight the company’s mix of health and affordability themes. Analyst Commentary Recent research paints a mixed picture for Ingredion, with several firms adjusting price targets in both directions while one initiation highlights longer term earnings potential tied to health and affordability themes.Recent updates
Analysis Article • May 08
Ingredion Incorporated Just Missed EPS By 9.8%: Here's What Analysts Think Will Happen Next
Shareholders might have noticed that Ingredion Incorporated ( NYSE:INGR ) filed its quarterly result this time last...Narrative Update • Apr 27
INGR: Health And Affordability Positioning Will Support Long Term Earnings Recovery Potential
Analysts have trimmed the Ingredion price target slightly, with the updated fair value moving from about $127.14 to $126.57 as they weigh recent target cuts alongside fresh Buy initiations that highlight the company’s mix of health and affordability themes. Analyst Commentary Recent research paints a mixed picture for Ingredion, with several firms adjusting price targets in both directions while one initiation highlights longer term earnings potential tied to health and affordability themes.Narrative Update • Apr 12
INGR: Health And Affordability Themes Will Underpin Measured Earnings Recovery Potential
Analysts have nudged the Ingredion price target slightly lower to about $127, reflecting a mix of modest model adjustments and recent Street research that includes both target increases and decreases, along with a new $130 initiation that highlights the stock's role in health and affordability trends. Analyst Commentary Recent research on Ingredion reflects a mix of optimism around its role in health and affordability trends and some caution around execution risks and earnings visibility, which is feeding into the modest reset in price targets.Narrative Update • Mar 28
INGR: Health And Affordability Positioning Will Support Future Earnings Recovery
The analyst price target for Ingredion has edged up by about $0.43 to roughly $127.43, with analysts citing the company’s exposure to health and affordability trends, along with expectations for site-specific improvements, as key supports for this slight reset in valuation assumptions. Analyst Commentary Recent Street research around Ingredion highlights a mix of optimism and caution, with fresh coverage, adjusted price targets, and a focus on how current headwinds could influence execution and valuation over the next few years.Narrative Update • Mar 12
INGR: Healthful Solutions And Execution Will Support Future Fair Value
Analysts have nudged their price targets on Ingredion higher overall, reflecting a blended view from recent $5 and $4 target increases and a $3 trim that ties back to updated assumptions on a fair value of $127, a discount rate of 6.978%, and projected profitability. Analyst Commentary Bullish Takeaways Bullish analysts lifting their targets by $5 and $4 point to a view that the updated fair value of $127 still leaves room for execution to support that assessment.Narrative Update • Feb 25
INGR: Healthful Solutions Will Support Fair Value As Revenue And Margin Outlook Evolves
Analysts have lifted their fair value estimate for Ingredion to $127.00, a move supported by updated views on modestly higher revenue growth, slightly stronger profit margins, and a lower assumed future P/E multiple, along with mixed but generally constructive price target revisions from recent UBS, BMO Capital, and Barclays research. Analyst Commentary Recent Street research around Ingredion reflects a mix of optimism and caution, with price target changes clustering around the new US$127.00 fair value estimate.Narrative Update • Feb 10
INGR: Healthful Solutions Will Support Fair Value As Mixed Outlook Persists
The analyst price target for Ingredion has been adjusted by about US$1 to US$125.33, as analysts balance recent mixed target revisions with updated views on growth, margins, discount rates, and future P/E assumptions. Analyst Commentary Recent target changes have been mixed, with one firm lifting its target by US$5, another trimming by US$3, and a third lifting by US$4.Seeking Alpha • Feb 03
Ingredion Q4: Poised For Lackluster First Half, But It Is Getting Interesting
Summary Ingredion Incorporated delivered resilient profitability and has a strong balance sheet despite flat sales and US/Canada production setbacks. INGR guidance for 2024 is cautious: EPS of $11.00-$11.80, low-to-mid single-digit sales growth, and modest operating income improvement. Operational efficiency initiatives and R&D focus on Clean Labels and plant-based ingredients position INGR for future margin expansion. With INGR shares trading near intrinsic value ($122–$123), I remain on the sidelines, watching for 2026 catalysts before committing capital. Read the full article on Seeking AlphaNarrative Update • Jan 25
INGR: Healthful Solutions Will Support Fair Value Despite Latin America Weakness
Narrative Update: Ingredion Analyst Price Target Shift Analysts have reset their price target on Ingredion to $124. This reflects more cautious views on the Food and Industrial Ingredients business in Latin America and the U.S., as well as the impact of softer economic activity in Brazil and Mexico on volumes and profits.Analysis Article • Jan 23
Ingredion Incorporated's (NYSE:INGR) Business And Shares Still Trailing The Market
Ingredion Incorporated's ( NYSE:INGR ) price-to-earnings (or "P/E") ratio of 11.2x might make it look like a buy right...Narrative Update • Jan 10
INGR: Healthful Solutions Strength Will Offset Latin America And U.S. Ingredient Weakness
Analysts have trimmed their Ingredion price target to about $124 per share, aligning with a more cautious view on Food and Industrial Ingredients exposure in Latin America and the U.S., as well as a softer consumer and pricing backdrop for ingredients overall. Analyst Commentary Bullish and bearish analysts are looking at the same set of data and coming away with different emphases, especially around Ingredion's mix of higher margin Texture and Healthful Solutions versus the more cyclical Food and Industrial Ingredients exposure in Latin America and the U.S. Bullish Takeaways Bullish analysts highlight that the Texture and Healthful Solutions segment is still posting solid volume and profit growth, which they see as an important support for overall earnings quality and execution.Narrative Update • Dec 19
INGR: Healthful Solutions Strength Will Drive Upside Despite Latin America Weakness
Analysts have trimmed their price target on Ingredion to approximately $124 from prior expectations near the mid $130s, citing a more cautious earnings setup amid weakening demand in Food and Industrial Ingredients and softer macro conditions in key Latin American markets. Analyst Commentary Street research on Ingredion reflects a more balanced stance, with recent notes highlighting both supportive fundamental drivers and mounting cyclical risks that are influencing valuation and ratings.Narrative Update • Dec 05
INGR: Healthful Solutions Strength Will Support Rebound Despite Food Ingredients Weakness
Analysts have trimmed their price target on Ingredion to $124 from prior levels near the mid $150s, citing mounting caution around softer demand and profit headwinds in the Food and Industrial Ingredients segment, as well as a more challenging consumer and macro backdrop. Analyst Commentary Recent notes from Wall Street reflect a mixed but increasingly cautious stance on Ingredion, with target prices reset lower to reflect a tougher earnings setup and macro environment.Narrative Update • Nov 21
INGR: Demand For Healthful Solutions Will Support Rebound Despite Regional Headwinds
Analysts have reduced their price target for Ingredion from approximately $142 to $124 per share. They cite softer revenue growth expectations and ongoing challenges in key business segments as reasons for the change.Analysis Article • Nov 07
Earnings Miss: Ingredion Incorporated Missed EPS By 8.8% And Analysts Are Revising Their Forecasts
It's shaping up to be a tough period for Ingredion Incorporated ( NYSE:INGR ), which a week ago released some...Narrative Update • Nov 05
INGR: Fertilizer Market Upside Will Drive Outperformance Despite Near-Term Market Challenges
Analysts have recently lowered their price target for Ingredion by approximately $4.50 per share. They cite ongoing caution about earnings prospects due to a muted consumer environment and challenging pricing conditions in the ingredient market.Narrative Update • Oct 22
Ingredion Analyst Commentary Highlights Mixed Outlook and Revised Price Target Amid Stable Valuation
Analysts have revised their price target for Ingredion downward from $144 to $130. They cite a more conservative outlook on the company's growth prospects in their latest assessments.Narrative Update • Oct 08
Clean Label Trends And Sustainable Sourcing Will Expand Global Reach
Narrative Update on Ingredion Analysts have lowered their price target for Ingredion from $144 to $130 per share. This reflects a modest downward revision due to updated profit margin and valuation expectations.Analysis Article • Sep 12
Ingredion Incorporated's (NYSE:INGR) Prospects Need A Boost To Lift Shares
With a price-to-earnings (or "P/E") ratio of 12x Ingredion Incorporated ( NYSE:INGR ) may be sending bullish signals at...Analysis Article • Aug 04
Earnings Beat: Ingredion Incorporated Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Shareholders might have noticed that Ingredion Incorporated ( NYSE:INGR ) filed its quarterly result this time last...Analysis Article • Jun 24
Does Ingredion (NYSE:INGR) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • May 22
Some May Be Optimistic About Ingredion's (NYSE:INGR) Earnings
The market for Ingredion Incorporated's ( NYSE:INGR ) shares didn't move much after it posted weak earnings recently...Seeking Alpha • Mar 05
Ingredion Q4: A Mixed Result Doesn't Give Me Confidence In 2025
Summary Ingredion Incorporated's Q4 sales missed estimates, with mixed financial results and non-existent growth, leading me to rate it as a hold. The company has a strong balance sheet with significant cash reserves, but its 2025 EPS guidance is slightly below consensus. Concerns about Latin American operations due to currency depreciation and potential tariff impacts add uncertainty to the outlook. Facility closures and Capex plans may improve operations, but the overall economic conditions and tariff wars create too much uncertainty for INGR investment. Read the full article on Seeking AlphaSeeking Alpha • Jan 02
Ingredion: Delivering On Real Margin Performance Here
Summary Ingredion's shares are appealing due to improved margins, low double-digit earnings multiples, and modest leverage, even after solid returns over the past year. The company has shown significant earnings improvements in 2024, driven by lower corn input costs and effective cost control, boosting adjusted earnings guidance to $10.50 per share. Ingredion's business stability, reasonable valuation multiples, and reduced net debt below 1 times EBITDA make it a compelling investment with potential for M&A, buybacks, or dividend increases. Despite sales stagnation, strong margin performance and lower leverage, I maintain my positive outlook on Ingredion, making me a happy holder of the shares. Read the full article on Seeking AlphaSeeking Alpha • Oct 15
Ingredion: Holding Through Headwinds As Corn Prices Fall
Summary Ingredion's Q2 2024 sales dropped 9% YoY, impacted by lower corn prices and the South Korean business divestiture. Despite sales challenges, Ingredion beat EPS expectations in the last four quarters, increasing in Q2 its full year EPS guidance to a range of $10.20 to $10.70. It seems that the South Korean business sale has increased the company's profitability, with a new focus on higher growth markets. Rising put options and low insider buying indicate weak market confidence. High P/B and P/S ratios signal the stock may be overpriced relative to fundamentals, leading to my Hold rating. Read the full article on Seeking AlphaShareholder Returns
| INGR | US Food | US Market | |
|---|---|---|---|
| 7D | -0.3% | -0.9% | 1.5% |
| 1Y | -22.5% | -5.3% | 25.5% |
Return vs Industry: INGR underperformed the US Food industry which returned -7.4% over the past year.
Return vs Market: INGR underperformed the US Market which returned 26.2% over the past year.
Price Volatility
| INGR volatility | |
|---|---|
| INGR Average Weekly Movement | 2.2% |
| Food Industry Average Movement | 5.1% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.0% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: INGR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: INGR's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1906 | 11,200 | Jim Zallie | www.ingredion.com |
Ingredion Incorporated, together with its subsidiaries, engages in the manufacture and sale of sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide. The company operates in Texture & Healthful Solutions; Food & Industrial Ingredients–LATAM; and Food & Industrial Ingredients–U S./CANADA segments.
Ingredion Incorporated Fundamentals Summary
| INGR fundamental statistics | |
|---|---|
| Market cap | US$6.70b |
| Earnings (TTM) | US$674.00m |
| Revenue (TTM) | US$7.20b |
10.0x
P/E Ratio0.9x
P/S RatioIs INGR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INGR income statement (TTM) | |
|---|---|
| Revenue | US$7.20b |
| Cost of Revenue | US$5.44b |
| Gross Profit | US$1.76b |
| Other Expenses | US$1.09b |
| Earnings | US$674.00m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 10.69 |
| Gross Margin | 24.49% |
| Net Profit Margin | 9.36% |
| Debt/Equity Ratio | 41.4% |
How did INGR perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield31%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/12 06:52 |
| End of Day Share Price | 2026/05/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ingredion Incorporated is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Theurer | Barclays |
| Matthew Korn | Barclays |
| Benjamin Theurer | Barclays |