Ingevity (NYSE:NGVT – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.98 per share for the quarter. Ingevity has set its FY 2024 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.
Ingevity (NYSE:NGVT – Get Free Report) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.15. The business had revenue of $340.10 million during the quarter, compared to analysts’ expectations of $319.15 million. Ingevity had a positive return on equity of 18.65% and a negative net margin of 6.84%. The company’s revenue for the quarter was down 13.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.09 EPS. On average, analysts expect Ingevity to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Ingevity Stock Performance
Shares of NGVT stock opened at $45.66 on Tuesday. The stock has a market cap of $1.66 billion, a PE ratio of -14.70 and a beta of 1.66. The business has a 50-day simple moving average of $45.43 and a 200-day simple moving average of $46.40. The company has a quick ratio of 0.98, a current ratio of 1.90 and a debt-to-equity ratio of 2.48. Ingevity has a 52-week low of $36.66 and a 52-week high of $64.76.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Ingevity
Ingevity Company Profile
Ingevity Corporation manufactures and sells activated carbon products, derivative specialty chemicals, and engineered polymers in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. It operates through three segments: Performance Materials, Performance Chemicals, and Advanced Polymer Technologies.
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