Ingevity Corp (NASDAQ: NGVT) is one of 38 public companies in the “Commodity Chemicals” industry, but how does it weigh in compared to its competitors? We will compare Ingevity Corp to related businesses based on the strength of its profitability, risk, earnings, dividends, analyst recommendations, institutional ownership and valuation.
Institutional & Insider Ownership
69.1% of shares of all “Commodity Chemicals” companies are held by institutional investors. 8.2% of shares of all “Commodity Chemicals” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
This is a breakdown of recent ratings for Ingevity Corp and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Ingevity Corp Competitors||106||823||1207||34||2.54|
Ingevity Corp presently has a consensus target price of $72.40, suggesting a potential downside of 0.81%. As a group, “Commodity Chemicals” companies have a potential upside of 0.58%. Given Ingevity Corp’s competitors higher probable upside, analysts clearly believe Ingevity Corp has less favorable growth aspects than its competitors.
This table compares Ingevity Corp and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Ingevity Corp Competitors||-24.65%||23.39%||5.68%|
Earnings and Valuation
This table compares Ingevity Corp and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Ingevity Corp Competitors||$4.14 billion||$352.97 million||123.51|
Ingevity Corp’s competitors have higher revenue and earnings than Ingevity Corp. Ingevity Corp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Ingevity Corp Company Profile
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. The Performance Materials segment primarily produces automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Performance Chemicals segment develops, manufactures and sells a range of specialty chemicals primarily derived from co-products of the Kraft pulping process. Its products are used in a range of applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks and automotive components that reduce gasoline vapor emissions.
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