Last $81.82 USD
Change Today -0.20 / -0.24%
Volume 272.2K
INGR On Other Exchanges
Symbol
Exchange
Stuttgart
As of 8:04 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

ingredion inc (INGR) Snapshot

Open
$82.33
Previous Close
$82.02
Day High
$82.33
Day Low
$81.27
52 Week High
12/29/14 - $87.20
52 Week Low
04/30/14 - $65.25
Market Cap
5.9B
Average Volume 10 Days
258.7K
EPS TTM
$5.21
Shares Outstanding
71.5M
EX-Date
12/29/14
P/E TM
15.7x
Dividend
$1.68
Dividend Yield
2.05%
Current Stock Chart for INGREDION INC (INGR)

ingredion inc (INGR) Related Businessweek News

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ingredion inc (INGR) Details

Ingredion Incorporated, together with its subsidiaries, manufactures and sells starches and sweeteners to various industries. It offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins and glucose, and syrup solids, as well as food-grade and industrial starches. The company also provides animal feed products; edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise and other foods; and corn gluten feed used as protein feed for chickens, pet food, and aquaculture. Its products are derived primarily from processing corn and other starch-based materials, such as tapioca, potato, and rice. The company serves food, beverage, brewing, pharmaceutical, paper and corrugated products, textile, and personal care industries, as well as animal feed and corn oil markets. It operates in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

10,300 Employees
Last Reported Date: 02/20/15
Founded in 1906

ingredion inc (INGR) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $531.5K
Executive Vice President of Global Specialtie...
Total Annual Compensation: $492.4K
Compensation as of Fiscal Year 2013.

ingredion inc (INGR) Key Developments

Ingredion Incorporated Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for 2015 and 2016; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2014

Ingredion Incorporated reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales of $1,368.3 million against $1,499.2 million for the same period in the last year. Operating income was $118.3 million against $160.7 million for the same period in the last year. Income before income taxes was $106.1 million against $145.6 million for the same period in the last year. Net income attributable to the company was $61.1 million or $0.83 per diluted share against $103.5 million or $1.35 per diluted share for the same period in the last year. Non-GAAP adjusted net income was $95.6 million or $1.30 per share against $103.5 million or $1.35 per share for the same period in the last year. Non-GAAP adjusted operating income was $153.2 million against $160.7 million for the same period in the last year. The reduction in net sales is largely due to lower pricing from passing along lower corn cost relative to last year. For the year, the company reported net sales of $5,668.4 million against $6,328.3 million for the same period in the last year. Operating income was $581.3 million against $612.7 million for the same period in the last year. Income before income taxes was $520.1 million against $546.8 million for the same period in the last year. Net income attributable to the company was $354.9 million or $4.74 per diluted share against $395.7 million or $5.05 per diluted share for the same period in the last year. Cash provided by operating activities was $731 million against $619 million for the same period in the last year. Capital expenditures, net of proceeds on disposals were $271 million against $295 million for the same period in the last year. Non-GAAP adjusted net income was $389.4 million or $5.20 per share against $395.7 million or $5.05 per share for the same period in the last year. Non-GAAP adjusted operating income was $616.2 million against $612.7 million for the same period in the last year. Net sales were down in the fourth quarter and full year as a result of the pass-through of lower raw material costs and currency devaluations, partially offset by volume growth. For the quarter, the company reported impairment charge of $32.8 million. 2015 EPS guidance, excluding the impact of the pending Penford acquisition, expected to be $5.40 to $5.90. The effective annual tax rate is expected to be in the range of 29% to 30%. Capital expenditures in 2015 are anticipated to be approximately $300 million. The company expects cash from operations of $650 million to $750 million. This is slightly down from last year as working capital normalizes after a year-over-year benefit in 2014 from significantly lower corn costs versus 2013, which impacts inventories, payables and receivables. And in 2016 and beyond, the company expects earnings accretion to be even greater.

Ingredion Incorporated to Report Q4, 2014 Results on Jan 30, 2015

Ingredion Incorporated announced that they will report Q4, 2014 results at 7:00 AM, Central Standard Time on Jan 30, 2015

Ingredion Incorporated, Q4 2014 Earnings Call, Jan 30, 2015

Ingredion Incorporated, Q4 2014 Earnings Call, Jan 30, 2015

 

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INGR

Industry Average

Valuation INGR Industry Range
Price/Earnings 17.3x
Price/Sales 1.0x
Price/Book 2.7x
Price/Cash Flow 16.5x
TEV/Sales 0.6x
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