Latest news with #IngevityCorporation


Business Wire
22-07-2025
- Business
- Business Wire
Ingevity announces dates for second-quarter 2025 earnings release and webcast
NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE: NGVT) announced today that it will release its second-quarter 2025 earnings after the stock market close on Monday, August 4, 2025. The company will host a live webcast on Tuesday, August 5, at 10:00 a.m. (Eastern) to discuss second-quarter 2025 fiscal results. The webcast can be accessed here or on the investors section of Ingevity's website. Participants may also listen to the conference call by dialing 833 470 1428 (inside the U.S.) and entering access code 590026. Callers outside the U.S. can find global dial-in numbers here. For those unable to join the live event, a recording will be available beginning at approximately 2:00 p.m. (Eastern) on August 5, 2025, through August 4, 2026, at this replay link. Information on how to access the webcast and conference call, along with a slide deck containing other relevant financial and statistical information, will be posted to the Investors section of Ingevity's website prior to the call. Ingevity: Purify, Protect and Enhance Ingevity provides products and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, we develop, manufacture and bring to market solutions that help customers solve complex problems and make the world more sustainable. We operate in three reporting segments: Performance Materials, which includes activated carbon; Advanced Polymer Technologies, which includes caprolactone polymers; and Performance Chemicals, which includes specialty chemicals and road technologies. Our products are used in a variety of demanding applications, including adhesives, agrochemicals, asphalt paving, certified biodegradable bioplastics, coatings, elastomers, pavement markings and automotive components. Headquartered in North Charleston, South Carolina, Ingevity operates from 24 locations around the world and employs approximately 1,600 people. The company's common stock is traded on the New York Stock Exchange (NYSE:NGVT). For more information, visit


Business Wire
07-07-2025
- Business
- Business Wire
Ingevity releases 2024 sustainability report, highlights product innovation and technologies for a sustainable future
NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) today published its 2024 Sustainability Report featuring the company's transformative technologies and products designed to create sustainable solutions for customers and the planet. Ingevity's report, titled 'Powering a Cleaner, More Sustainable Tomorrow,' centers on its sustainability catalysts reflecting the company's values and aspirations. The report outlines breakthrough products, created from 73% renewable raw materials, producing long-term value for stakeholders. 2024 Sustainability Report highlights include: Identified six priority ESG topics from 2024 materiality reassessment pertinent to our operations and commercial activities Recognized as one of 'America's Most Responsible Companies of 2025' by Newsweek Magazine for the third consecutive year Reached the American Chemistry Council's (ACC) top-quartile safety performance rating, four years ahead of plan Expanded International Sustainability & Carbon Certification (ISCC+) to cover all Capa ® product lines, enabling our customers to integrate more sustainable raw materials into their supply chains Achieved a 700-hour increase in volunteer hours, strengthening community support 'For more than a century, Ingevity has been committed to developing renewable solutions,' said Dave Li, Ingevity president and CEO. 'I am honored to lead a company recognized for our rich history of sustainability and a strong commitment to securing a bright future for our business, our communities and our world.' Ingevity's 2024 Sustainability Report outlines efforts to support a global vision for a more sustainable world. Refer to the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) indices published on Ingevity's website for a complete report of 2024 data. Except as expressly indicated otherwise, the information in the Sustainability Report is given as of the date of publication, July 7, 2025. Ingevity: Purify, Protect, Enhance Ingevity provides products and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, we develop, manufacture and bring to market solutions that help customers solve complex problems and make the world more sustainable. We operate in three reporting segments: Performance Materials, which includes activated carbon; Advanced Polymer Technologies, which includes caprolactone polymers; and Performance Chemicals, which includes specialty chemicals and road technologies. Our products are used in a variety of demanding applications, including adhesives, agrochemicals, asphalt paving, certified biodegradable bioplastics, coatings, elastomers, paint for road markings and automotive components. Headquartered in North Charleston, South Carolina, Ingevity operates from 24 locations around the world and employs approximately 1,600 people. The company's common stock is traded on the New York Stock Exchange (NYSE:NGVT). For more information, visit Forward Looking Statement This press release contains 'forward-looking statements' within the meaning of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such statements generally include the words 'will,' 'plans,' 'intends,' 'targets,' 'expects,' 'outlook,' 'believes,' 'anticipates' or similar expressions. Forward-looking statements may include, without limitation, leadership transitions; expected financial positions, guidance, results of operations and cash flows; financing plans; and business strategies and expectations. Actual results could differ materially from the views expressed. Factors that could cause actual results to materially differ from those contained in the forward-looking statements, or that could cause other forward-looking statements to prove incorrect, include, without limitation, such factors detailed from time to time in Part I, Item 1A. Risk Factors in our most recent Annual Report on Form 10-K as well as in our other filings with the SEC. These forward-looking statements speak only to management's beliefs as of the date of this press release. Ingevity assumes no obligation to provide any revisions to, or update, any projections and forward-looking statements contained in this press release.
Yahoo
13-05-2025
- Business
- Yahoo
Should You Consider Adding Ingevity Corporation (NGVT) to Your Portfolio?
The London Company, an investment management company, released 'The London Company Small Cap Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equities experienced a correction in 1Q25 due to macro risks, weak economic growth, and inflation. The fund declined 6.9% (-7.1%, net) compared to a 9.5% decrease in the Russell 2000 Index. The positive impact of stock selection contributed to the strategy's relative performance in the quarter, partially offset by sector exposure. For more information on the fund's top picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, The London Company Small Cap Strategy highlighted stocks such as Ingevity Corporation (NYSE:NGVT). Headquartered in North Charleston, South Carolina, Ingevity Corporation (NYSE:NGVT) engages in the manufacturing and distribution of activated carbon products, derivative specialty chemicals, and engineered polymers. The one-month return of Ingevity Corporation (NYSE:NGVT) was 36.03%, and its shares lost 21.54% of their value over the last 52 weeks. On May 12, 2025, Ingevity Corporation (NYSE:NGVT) stock closed at $43.04 per share with a market capitalization of $1.571 billion. The London Company Small Cap Strategy stated the following regarding Ingevity Corporation (NYSE:NGVT) in its Q1 2025 investor letter: "Increased: Ingevity Corporation (NYSE:NGVT) - We added to NGVT on weakness, as we believe the sum of the parts is attractive. While the performance chemicals division has been weak, we believe the performance materials division should be strong driven by more restrictive global emission standards for vehicles." An engineer in her office examining a blueprint, surrounded by engineering components. Ingevity Corporation (NYSE:NGVT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 19 hedge fund portfolios held Ingevity Corporation (NYSE:NGVT) at the end of the fourth quarter which was 17 in the previous quarter. Ingevity Corporation (NYSE:NGVT) reported a revenue of $284 million in Q1 2025, representing a decrease of 17% year-over-year. While we acknowledge the potential of Ingevity Corporation (NYSE:NGVT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Ingevity Corporation (NYSE:NGVT) and shared the list of best small-cap chemical stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
13-05-2025
- Business
- Yahoo
At US$43.04, Is Ingevity Corporation (NYSE:NGVT) Worth Looking At Closely?
Ingevity Corporation (NYSE:NGVT), is not the largest company out there, but it saw a significant share price rise of 44% in the past couple of months on the NYSE. While good news for shareholders, the company has traded much higher in the past year. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. However, could the stock still be trading at a relatively cheap price? Today we will analyse the most recent data on Ingevity's outlook and valuation to see if the opportunity still exists. We've discovered 1 warning sign about Ingevity. View them for free. Great news for investors – Ingevity is still trading at a fairly cheap price. Our valuation model shows that the intrinsic value for the stock is $70.08, but it is currently trading at US$43.04 on the share market, meaning that there is still an opportunity to buy now. What's more interesting is that, Ingevity's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. View our latest analysis for Ingevity Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. However, with a relatively muted revenue growth of 4.4% expected over the next couple of years, growth doesn't seem like a key driver for a buy decision for Ingevity, at least in the short term. Are you a shareholder? Even though growth is relatively muted, since NGVT is currently undervalued, it may be a great time to increase your holdings in the stock. However, there are also other factors such as financial health to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on NGVT for a while, now might be the time to make a leap. Its future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy NGVT. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed buy. If you'd like to know more about Ingevity as a business, it's important to be aware of any risks it's facing. While conducting our analysis, we found that Ingevity has 1 warning sign and it would be unwise to ignore this. If you are no longer interested in Ingevity, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.


Business Wire
24-04-2025
- Business
- Business Wire
Ingevity announces dates for first-quarter 2025 earnings release and webcast
NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE: NGVT) announced today that it will release its first-quarter 2025 earnings after the stock market close on Monday, May 5, 2025. Ingevity announces dates for first-quarter 2025 earnings release and webcast Share The company will host a live webcast on Tuesday, May 6, at 9:00 a.m. (Eastern) to discuss first-quarter 2025 fiscal results. The webcast can be accessed here or on the investors section of Ingevity's website. Participants may also listen to the conference call by dialing 833 470 1428 (inside the U.S.) and entering access code 815699. Callers outside the U.S. can find global dial-in numbers here. For those unable to join the live event, a recording will be available beginning at approximately 2:00 p.m. (Eastern) on May 6, 2025, through May 5, 2026, at this replay link. Information on how to access the webcast and conference call, along with a slide deck containing other relevant financial and statistical information, will be posted to the investors section of Ingevity's website prior to the call. Ingevity: Purify, Protect and Enhance Ingevity provides products and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, we develop, manufacture and bring to market solutions that help customers solve complex problems and make the world more sustainable. We operate in three reporting segments: Performance Materials, which includes activated carbon; Advanced Polymer Technologies, which includes caprolactone polymers; and Performance Chemicals, which includes specialty chemicals and road technologies. Our products are used in a variety of demanding applications, including adhesives, agrochemicals, asphalt paving, certified biodegradable bioplastics, coatings, elastomers, pavement markings and automotive components. Headquartered in North Charleston, South Carolina, Ingevity operates from 24 locations around the world and employs approximately 1,600 people. The company's common stock is traded on the New York Stock Exchange (NYSE:NGVT). For more information, visit