Ingredion Incorporated's Q4 sales missed estimates, with mixed financial results and non-existent growth, leading me to rate it as a hold. The company has a strong balance sheet with significant cash reserves, but its 2025 EPS guidance is slightly below consensus. Concerns about Latin American operations due to currency depreciation and potential tariff impacts add uncertainty to the outlook.
Ingredion Incorporated (NYSE:INGR ) Q4 2024 Earnings Conference Call February 4, 2025 9:00 AM ET Company Participants Noah Weiss - Vice President, Investor Relations Jim Zallie - President & Chief Executive Officer Jim Gray - Executive Vice President & Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer Josh Spector - UBS Andrew Strelzik - BMO Capital Markets Pooran Sharma - Stephens Ben Theurer - Barclays Heather Jones - Heather Jones Research Operator Good day, and thank you for standing by. Welcome to the Ingredion Fourth Quarter and Full Year 2024 Earnings Conference Call.
Ingredion (INGR) came out with quarterly earnings of $2.63 per share, beating the Zacks Consensus Estimate of $2.60 per share. This compares to earnings of $1.97 per share a year ago.
Investors looking for stocks in the Food - Miscellaneous sector might want to consider either Ingredion (INGR) or Lamb Weston (LW). But which of these two stocks presents investors with the better value opportunity right now?
Ingredion's shares are appealing due to improved margins, low double-digit earnings multiples, and modest leverage, even after solid returns over the past year. The company has shown significant earnings improvements in 2024, driven by lower corn input costs and effective cost control, boosting adjusted earnings guidance to $10.50 per share. Ingredion's business stability, reasonable valuation multiples, and reduced net debt below 1 times EBITDA make it a compelling investment with potential for M&A, buybacks, or dividend increases.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in stocks from the Food - Miscellaneous sector have probably already heard of Ingredion (INGR) and Nestle SA (NSRGY). But which of these two stocks presents investors with the better value opportunity right now?
Two AgriTech and Food innovation stocks have strong potential for 2025. These are: INGR and TSN.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
These five growth stocks have strong potential for December. These are: MNDY, PSN, PI, INSP, INGR.
Here is how Ingredion (INGR) and McCormick (MKC) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.