Bjorncrienen @Bjorncrienen: "A snapshot of Ingredion Ingredion..."

Netherlands

A snapshot of Ingredion Ingredion Incorporated, together with its subsidiaries, produces and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. The company offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, fiber retention, oil and grease resistance, improved printability, and biochemical oxygen demand control; starches and specialty starches for textile industry; industrial starches are used in the production of construction materials, textiles, adhesives, pharmaceuticals, and cosmetics, as well as in mining and water filtration; and specialty industrial starches for use in biomaterial applications, including biodegradable plastics, fabric softeners and detergents, hair and skin care applications, dusting powders for surgical gloves, and in the production of glass fiber and insulation. It also provides sweetener products comprising glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, glucose syrup solids, and non-genetically modified organism syrups for use in food and beverage products, such as baked goods, snack foods, canned fruits, condiments, candy and other sweets, dairy products, ice cream, jams and jellies, prepared mixes, table syrups, soft drinks, fruit-flavored drinks, and others. In addition, the company refined corn oil, corn gluten feed, and corn gluten meal; and other products, including fruit and vegetable products, such as concentrates, purees, and essences, as well as pulse proteins and hydrocolloids systems and blends. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois. Sector: Consumer Defensive Industry: Packaged Food Full Time Employees: 12.000 📌 History The 12th of December 1997, the stock has started trading at $2.13, it has hit a high of $196.12 in May of 2023, currently the price displays a +7848.36% increase from its IPO price. 📌 Some basic statistics! Market cap: $7.09B Enterprise value: $9.14B Profit Margin: 7.61% Operating Margin: 10.92% ROA: 7.65% ROE: 19.32% Total cash per share: $5.23 Book value per share: $51.60 Total shares outstanding: 65.19M Shares held by insiders: 0.86% Shares held by institutions: 88.21% 📌 Is there value here? Market range 52 weeks: $90-$113 Analyst targets: $121.71 Fair value: $133.73 (Finbox) TipRanks forecast: $120.50 (+10.30%, median target, 4 analysts) 📌 Pros and Cons Pros - Yields high return on invested capital - Consistently increasing earnings per share - Has raised dividend for 13 consecutive years - Trading at a low P/E ratio relative to near-term earnings growth - Liquid assets exceed short term obligations - Profitable over the last 12 months Cons - 5 Analysts have revised their earnings downwards for the upcoming period *Listed through analytic tool, Finbox 📌 Closing A unique and interesting business for me personally, I have invested in the packaging industry before but this is a different kind of animal seeing the diversification and broad applicability of the companies activity. It may seem lame but this gets me excited, the company looks to be in a favorable position, although the upside is not gigantic. I am interested in researching this company more, this is probably the one in the sector we’re exploring (Consumer Defensive), the first in line to get torn apart. Research in this sector will begin once the final 3 snapshot posts have been made. I am excited to get started on this project for 2024, I hope you had a great new years eve, may 2023 bring everything you’ve wanted! ⏳ Find copy trading an interesting tool to diversify or lighten your work load? Check out my profile and statistics! Copying is possible starting at $200 USD, copying does entail risks, be sure you do your due diligence before copying anyone, don’t be afraid to ask questions and interact with me! Disclaimer: I currently don't directly own shares in this business, it can be part of a ETF however, this does NOT impact my view and approach to the asset at hand! ` Sources used: Finbox, Yahoo Finance, Macrotrends, Money.cnn Etoro states $INGR (Ingredion Inc) buyers also bought: $AVT (Avnet Inc) $WLK (Westlake Chemical Corp) $FBP (First BanCorp/Puerto Rico) $INDB (Independent Bank Corp.) $KTB (Kontoor Brands Inc.) $UK100 $GER40 $SPX500 $NSDQ100 $CHINA50