Ingevity (NGVT) Scheduled to Post Quarterly Earnings on Tuesday

Ingevity (NYSE:NGVT) will issue its quarterly earnings data after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.

Shares of Ingevity (NGVT) opened at $71.24 on Tuesday. The firm has a market capitalization of $2,922.81, a P/E ratio of 28.10, a price-to-earnings-growth ratio of 2.00 and a beta of 1.20. The company has a quick ratio of 1.34, a current ratio of 2.36 and a debt-to-equity ratio of 1.92. Ingevity has a 1-year low of $52.79 and a 1-year high of $80.18.

NGVT has been the subject of a number of research analyst reports. Jefferies Group lifted their target price on Ingevity from $71.00 to $84.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. Loop Capital lowered their target price on Ingevity from $83.00 to $80.00 and set a “buy” rating for the company in a report on Tuesday, December 26th. BidaskClub upgraded Ingevity from a “hold” rating to a “buy” rating in a report on Saturday, November 4th. Zacks Investment Research downgraded Ingevity from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Rowe reiterated an “outperform” rating and issued a $90.00 target price (up from $80.00) on shares of Ingevity in a report on Thursday, November 30th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $78.17.

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About Ingevity

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.

Earnings History for Ingevity (NYSE:NGVT)

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