Ingevity Corporation (NYSE: NGVT) is one of 31 publicly-traded companies in the “Commodity Chemicals” industry, but how does it contrast to its peers? We will compare Ingevity Corporation to similar businesses based on the strength of its dividends, risk, valuation, institutional ownership, profitability, analyst recommendations and earnings.

Volatility & Risk

Ingevity Corporation has a beta of 1.66, suggesting that its stock price is 66% more volatile than the S&P 500. Comparatively, Ingevity Corporation’s peers have a beta of 1.31, suggesting that their average stock price is 31% more volatile than the S&P 500.

Earnings and Valuation

This table compares Ingevity Corporation and its peers revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Ingevity Corporation $908.30 million $35.20 million 33.03
Ingevity Corporation Competitors $4.32 billion $373.13 million 124.11

Ingevity Corporation’s peers have higher revenue and earnings than Ingevity Corporation. Ingevity Corporation is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a breakdown of current ratings for Ingevity Corporation and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ingevity Corporation 0 0 5 0 3.00
Ingevity Corporation Competitors 106 824 1213 35 2.54

Ingevity Corporation currently has a consensus price target of $73.20, suggesting a potential downside of 0.16%. As a group, “Commodity Chemicals” companies have a potential upside of 4.33%. Given Ingevity Corporation’s peers higher possible upside, analysts plainly believe Ingevity Corporation has less favorable growth aspects than its peers.

Profitability

This table compares Ingevity Corporation and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Ingevity Corporation 9.86% 58.14% 12.09%
Ingevity Corporation Competitors -29.50% 24.34% 5.63%

Institutional & Insider Ownership

90.8% of Ingevity Corporation shares are owned by institutional investors. Comparatively, 70.2% of shares of all “Commodity Chemicals” companies are owned by institutional investors. 0.1% of Ingevity Corporation shares are owned by insiders. Comparatively, 7.8% of shares of all “Commodity Chemicals” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Ingevity Corporation beats its peers on 7 of the 13 factors compared.

About Ingevity Corporation

Ingevity Corporation is a manufacturer of specialty chemicals and high performance carbon materials. The Company is also a manufacturer of activated carbon used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Company operates through two segments: Performance Materials and Performance Chemicals. The Performance Materials segment primarily produces automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Performance Chemicals segment develops, manufactures and sells a range of specialty chemicals primarily derived from co-products of the Kraft pulping process. Its products are used in a range of applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks and automotive components that reduce gasoline vapor emissions.

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