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.
Investors with an interest in Food - Miscellaneous stocks have likely encountered both Ingredion (INGR) and Celsius Holdings Inc. (CELH). But which of these two stocks presents investors with the better value opportunity right now?
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.
Ingredion Incorporated (NYSE:INGR ) Q3 2024 Results Conference Call November 5, 2024 9:00 AM ET Company Participants Noah Weiss - Vice President, Investor Relations Jim Zallie - President and Chief Executive Officer Jim Gray - Executive Vice President and Chief Financial Officer Conference Call Participants Ben Theurer - Barclays Kristen Owen - Oppenheimer Josh Spector - UBS Heather Jones - Heather Jones Research Operator Good day, and thank you for standing by. Welcome to the Q3 2024 Ingredion Earnings Conference Call.
Ingredion (INGR) came out with quarterly earnings of $3.05 per share, beating the Zacks Consensus Estimate of $2.58 per share. This compares to earnings of $2.33 per share a year ago.
Investors interested in stocks from the Food - Miscellaneous sector have probably already heard of Ingredion (INGR) and Danone (DANOY). But which of these two stocks is more attractive to value investors?
Ingredion (INGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.
The company has increased the proportion of its total sales derived from Specialty Ingredients; this sector is expected to have a high growth potential. Ingredion's ROE exceeded 15% in five out of seven years, and its worst ROE in that period was 4.01%, demonstrating growth and stability. In 2023 and 2024 Q2 TTM, Ingredion reduced its cost of sales, which allowed the company to increase its profit margin.