INGR Stock Recent News

Here is how Ingredion (INGR) and Kerry Group PLC (KRYAY) have performed compared to their sector so far this year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Brokers have deeper insights into stocks and macroeconomic factors. So, one must follow broker rating upgrades to pick stocks like Ingredion (INGR), YETI Holdings (YETI), Dutch Bros (BROS), Heritage Insurance (HRTG) & Genpact (G).

Here is how Ingredion (INGR) and New York Times Co. (NYT) have performed compared to their sector so far this year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Sometimes, even the most boring stocks hold big potential. Look at plant-based food stocks, for example.

Ingredion (INGR) came out with quarterly earnings of $2.87 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to earnings of $2.32 per share a year ago.

WESTCHESTER, Ill., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today reported results for the second quarter of 2024. The results, reported in accordance with U.S. generally accepted accounting principles (“GAAP”) for the second quarter of 2024 and 2023, include items that are excluded from the non-GAAP financial measures that the Company presents.

Ingredion saw a strong performance in 2023, with sales and earnings increasing significantly. The company reduced net debt and improved operating margins, leading to a strong bottom line result. Unfortunately, the company has relied largely on price hikes, resulting in volume declines in recent years.

Plant-based stocks have seen somewhat of a decline in recent months, but the long-term outlook remains promising.  The concept of plant-based eating is no novelty and has been around for centuries.