INGR Stock Recent News

WESTCHESTER, Ill., April 17, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, will release its 2024 first quarter financial results for the period ended March 31, 2024, before the market opens Wednesday, May 8, 2024.

With the growing demand for healthier food, pay close attention to undervalued plant-based food stocks. According to EWG.com, plant-based food sales “increased 44 percent, from $5 billion in 2019 to more than $8 billion in 2022.

European countries are taking action to reduce methane emissions by curtailing livestock production, leading to a potential increase in demand for meat alternatives. Ingredion, a company that produces ingredients for plant-based meat alternatives, stands to benefit from this trend. Ingredion's recent financial report shows modest increases in net sales, cash flow and earnings per share, indicating continued profitability.

WESTCHESTER, Ill., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that Jim Zallie, president and chief executive officer, James Gray, executive vice president and chief financial officer, and Rob Ritchie, senior vice president, food & industrial ingredients, U.S./Canada & LATAM, will present at the Consumer Analyst Group of New York (CAGNY) annual conference in Boca Raton, Fla., on Wednesday, Feb. 21, 2024, at 4 p.m. ET. Interested participants may listen to the webcast and access the presentation slides on the Company's website under "Events and Presentations." A replay of the presentation and accompanying slides will be available on the Company's website shortly after the webcast.

Investors interested in Food - Miscellaneous stocks are likely familiar with Ingredion (INGR) and Marine Harvest ASA (MHGVY). But which of these two companies is the best option for those looking for undervalued stocks?

Ingredion (INGR) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.65 per share a year ago.

TOWN, INGR and SJW made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 5, 2023.

Here is how Ingredion (INGR) and Alico (ALCO) have performed compared to their sector so far this year.

ISNPY, TGT and INGR made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 22, 2023.

Ingredion Incorporated is a food ingredient company that produces a variety of food additives and sweeteners using plant products. The company's revenue growth has been slow, averaging about 2% per year over the past 10 years and profits rose a bit faster due to efficiency gains in its operations. Ingredion has a strong history of steady dividend hikes and offers a decent yield of close to 3%, which is well-covered and sustainable.