Wells Fargo Maintains Equal-Weight on Ingevity, Raises Price Target to $73
Wells Fargo analyst Michael Sison maintains Ingevity (NYSE:NGVT) with a Equal-Weight and raises the price target from $67 to $73.
Ingevity Announced $60M Investment in Lithium-ion Anode Materials Producer, Nexeon
Ingevity Corporation (NYSE: NGVT) today announced that it has invested $60 million to acquire an equity stake in Nexeon Limited ("Nexeon") in a strategic move to establish the company's presence in the electric vehicle (EV) market and expand opportunities to grow its activated carbon business.
Earnings Scheduled For August 2, 2022
Companies Reporting Before The Bell
• Ferrari (NYSE:RACE) is expected to report quarterly earnings at $1.27 per share on revenue of $1.22 billion.
Earnings Preview: Ingevity
Ingevity (NYSE:NGVT) is set to give its latest quarterly earnings report on Tuesday, 2022-08-02. Here's what investors need to know before the announcement.
Analysts estimate that Ingevity will report an earnings per share (EPS) of $1.62.
Wells Fargo Maintains Equal-Weight on Ingevity, Raises Price Target to $74
Wells Fargo analyst Michael Sison maintains Ingevity (NYSE:NGVT) with a Equal-Weight and raises the price target from $70 to $74.
Ingevity: Q1 Earnings Insights
Ingevity (NYSE:NGVT) reported its Q1 earnings results on Wednesday, May 4, 2022 at 05:15 PM.
Here's what investors need to know about the announcement.
Earnings
Ingevity beat estimated earnings by 55.77%, reporting an EPS of $1.62 versus an estimate of $1.04.
Ingevity Q1 Adj. EPS $1.62 Beats $1.04 Estimate, Sales $382.80M Beat $341.58M Estimate
Ingevity (NYSE:NGVT) reported quarterly earnings of $1.62 per share which beat the analyst consensus estimate of $1.04 by 55.77 percent. This is a 27.56 percent increase over earnings of $1.27 per share from the same
Earnings Scheduled For May 4, 2022
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.
Earnings Scheduled For February 23, 2022
Companies Reporting Before The Bell
• Sapiens Intl Corp (NASDAQ:SPNS) is likely to report earnings for its fourth quarter.