Reading the tape
NYSE: INGR
Ingredion Incorporated
Consumer Defensive · Packaged Foods
Market Cap
$6.78B
52w High
$141.78
52w Low
$100.71
P/E
10.11
Volume
71.72K
Outstanding Shares
63.05M
Valuation Data Insufficient
The DCF model's fair value estimate is more than 3× the current stock price. This typically indicates unreliable model inputs — such as irregular cash flows or balance sheet distortions — rather than a genuine opportunity, so the valuation is not shown.
Price vs Fundamentals
Why The Stock Is Moving
Likely fundamental deteriorationHigh confidence
1Y Price: -20.75%Revenue (TTM): -26.56%FCF (TTM): -28.72%P/FCF: 38th pct
What changed
The stock fell 20.75% over the last year. Revenue declined 26.56% over the trailing twelve months. Operating margin moved from 12.85% to 13.73%. Free cash flow declined 28.72% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/FCF, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at 13.73%. Revenue declined 26.56% — this read reverses if that trend stabilizes. Free cash flow fell 28.72% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Company profile
Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries.
CEOJames Zallie
SectorConsumer Defensive
IndustryPackaged Foods
Employees11,000
IPO dateDec 11, 1997
Valuation
Forward P/E—
EV/EBITDA6.36
Enterprise value$7.84B
Stock splits
Jan 26, 2005↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth-100%
Gross margin25.19%▲5.05%vs FY2024
Operating margin13.73%▲18.08%vs FY2024
ROE16.8%▲0.36%vs FY2024
Analyst consensus
RatingHold
Target price$124.67▲15.98%
9
Buy
11
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est $2.44 · Revenue est $1.79B
View
Dividends
$3.26/shareQuarterlySafeINGR pays a dividend with a 3.03% dividend yield, growing at 4.86% annually, covered 2.4× by free cash flow.
Dividend Yield
3.03%
Annual Div / Share
$3.26
5yr CAGR
+4.86%
Doubles every ~14.6yr
Payout Ratio
30.94%
Safe
Dividend Growth Rate
3yr CAGR
+5.79%
5yr CAGR
+4.86%
10yr CAGR
+6.35%
Dividend Safety
10/10Safe
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$3.22+36.4%
2024$2.36-20.8%
2023$2.98+9.6%
2022$2.72+5.4%
2021$2.58+1.6%
2020$2.54+1.2%
2019$2.51+2.4%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$30/yr
$3/mo
In 5 yrs
$38/yr+27%
$3/mo
In 10 yrs
$49/yr+61%
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$30/yr $3/mo | $38/yr+27% $3/mo | $49/yr+61% $4/mo |
Yield-on-cost grows from 3.03% → 4.87% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 2.4× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.