Ingevity (NYSE:NGVT – Get Free Report) will be releasing its earnings data after the market closes on Tuesday, October 29th. Analysts expect Ingevity to post earnings of $0.60 per share for the quarter. Ingevity has set its FY 2024 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.
Ingevity (NYSE:NGVT – Get Free Report) last released its earnings results on Wednesday, July 31st. The company reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.04). The firm had revenue of $390.60 million for the quarter, compared to analyst estimates of $407.58 million. Ingevity had a positive return on equity of 19.59% and a negative net margin of 27.85%. Ingevity’s revenue was down 18.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.41 earnings per share. On average, analysts expect Ingevity to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Ingevity Price Performance
NYSE:NGVT opened at $33.65 on Monday. The business’s 50-day moving average price is $36.67 and its 200 day moving average price is $42.58. The firm has a market cap of $1.22 billion, a P/E ratio of -2.83 and a beta of 1.62. Ingevity has a 52-week low of $30.90 and a 52-week high of $56.29. The company has a quick ratio of 1.07, a current ratio of 1.92 and a debt-to-equity ratio of 4.92.
Analysts Set New Price Targets
View Our Latest Analysis on Ingevity
About Ingevity
Ingevity Corporation manufactures and sells activated carbon products, derivative specialty chemicals, and engineered polymers in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. It operates through three segments: Performance Materials, Performance Chemicals, and Advanced Polymer Technologies.
Featured Stories
- Five stocks we like better than Ingevity
- Election Stocks: How Elections Affect the Stock Market
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- Stock Sentiment Analysis: How it Works
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- High Flyers: 3 Natural Gas Stocks for March 2022
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Receive News & Ratings for Ingevity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ingevity and related companies with MarketBeat.com's FREE daily email newsletter.