(NGVT) Ingevity - Ratings and Ratios

Ingevity Corporation is a global manufacturer and supplier of high-performance materials and chemicals, operating across three distinct business segments: Performance Materials, Performance Chemicals, and Advanced Polymer Technologies. The companys products play a critical role in various industries, including automotive, construction, and industrial manufacturing, with applications in emission control systems, pavement construction, and specialty polymers for coatings and adhesives.

The Performance Materials segment is a key player in the production of activated carbon products, which are used in gasoline vapor emission control systems, as well as in food, water, and beverage purification applications. The Performance Chemicals segment serves the road construction and industrial sectors with a range of products, including pavement preservation technologies and agrochemical dispersants. Meanwhile, the Advanced Polymer Technologies segment produces caprolactone-based specialty polymers used in coatings, resins, and bioplastics.

With a global presence spanning North America, Asia Pacific, Europe, the Middle East, Africa, and South America, Ingevity Corporation has established a diverse customer base, including automotive parts manufacturers, construction companies, and industrial manufacturers. The companys products are sold through a combination of sales representatives, third-party sales representatives, and distributors.

From a technical analysis perspective, Ingevitys stock price has been trending upwards, with the 50-day SMA at $42.29 and the 200-day SMA at $41.02. The current price of $42.01 is near the 52-week high of $50.21, indicating a strong recovery from the 52-week low of $29.88. The ATR of 1.61 represents a 3.83% daily price range, suggesting moderate volatility.

Combining the technical and fundamental data, we can forecast that Ingevity Corporation is poised for growth, driven by its diversified product portfolio and global presence. With a forward P/E ratio of 9.97, the stock appears undervalued relative to its growth prospects. As the company continues to expand its operations and improve its profitability, we can expect the stock price to appreciate, potentially reaching $50 in the near term. However, the negative RoE of -152.32 indicates that the company still faces challenges in terms of profitability, and investors should closely monitor the companys progress in addressing these issues.