Alert: Positive Investment/Fundamental Signals (11/15/23)-Ingredion Inc (NYSE: INGR)


Ingredion Inc (NYSE: INGR) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

Small positive changes in fundamentals have recently occurred for Ingredion Inc (NYSE: INGR): significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

INGR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Ingredion has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ingredion has a neutral Appreciation Score of 49 and a neutral Power Rating of 56, leading to the Neutral Value Trend Rating.

Recent Price Action

Ingredion Inc (NYSE: INGR) stock closed at $103.54 on 11/15/23 after a modest gain of 0.3%. The stock has risen 1.7% during the last week and has performed in line with the market over the last nine months.

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