How to Buy Ingevity Stock
Ingevity Corp
Ingevity is a specialty chemical company located in South Carolina, United States, which is part of the Basic Materials sector, and is traded under the ticker NGVT on the NYSE exchange.
Ingevity stock last closed at $48.51, up 1.34% from the previous day, and has decreased 30.08% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.42 percentage points. Ingevity stock is currently +32.32% from its 52-week low of $36.66, and -33.33% from its 52-week high of $72.76.
There are currently 36.24M shares of NGVT outstanding. The market capitalization of NGVT is $1.76B. In the last 24 hours, 146,026 NGVT shares were traded.
How to Buy Ingevity Stock
Wondering how to invest in Ingevity stock? Here's how.
- Decide where to buy Ingevity stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Ingevity stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your method of payment and add your details.
- Analyze Ingevity stock: The Ingevity ticker symbol is NGVT. Is Ingevity stock a good investment? Should you buy shares of NGVT? How do NGVT's underlying business fundamentals look? Do top analysts think Ingevity is a good buy? Why has NGVT's stock price moved recently? (Hint: Our stock research tools can help you understand if NGVT is a good stock to buy).
- Execute your NGVT trade: Decide if you will purchase NGVT shares at the current market price or use a limit order to purchase NGVT shares at a particular price.
- Keep tabs on your NGVT position: Create a watchlist to get live updates on your investment in Ingevity stock.
Step 1: Decide where to buy Ingevity stock
You need an online brokerage account in order to access the NYSE market and buy NGVT shares.
Our favorite brokerage: eToro
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Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you can buy NGVT stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on the best stock trading app, you need to deposit funds:
Watch this video walkthrough for more details transferring money into your new investment account.
Step 4: Analyze Ingevity stock
After you have figured out the best place to buy Ingevity stock, it's critical to evaluate their stock prior to investing, so you actually understand the risk and upside.
Ingevity shares quick numbers
NGVT Overview
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on NGVT's stock page.
Is NGVT stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge NGVT's true value.
Using relative valuations ratios:
- NGVT could be undervalued based on its P/B ratio of 2.78x, relative to Specialty Chemicals industry P/B ratio of 3.35x
You can do additional valuation analysis on NGVT's stock here.
NGVT Financials at a glance
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the NGVT balance sheet.
Negative Health Checks:
- Total NGVT debt is higher than 5 years ago, relative to shareholder equity.
- NGVT's operating cash flow of $205.10M allows it to safely service it's debt of $1.53B.
- NGVT has a relatively high debt to equity ratio of 3.16.
- There are more long-term liabilities than short-term assets on the NGVT balance sheet.
- NGVT profit margin has gone down from 12.7% to -0.3% in the past year.
- NGVT earnings of $83.20M is not enough to cover its interest payments.
Do analysts think it's a good time to buy Ingevity stock
Out of 3 Wall Street analysts who research NGVT, the consensus analyst rating on Ingevity is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Ingevity stock forecast page.
NGVT Technicals
NGVT Revenue
Last year, NGVT revenue was $1.69B. In the past 5 year, NGVT's revenue has grown by 8.34% per year. This was slower than the Specialty Chemicals industry average of 9.43%.
Learn more about NGVT's earnings and revenue performance here.
Latest Insiders Trades at NGVT
Over the past 12 months, executives and large shareholders at NGVT have sold more shares than they have bought.
Mary Dean Hall, EVP CFO of NGVT, was the latest NGVT insider to sell. They sold $7,999.20 worth of NGVT shares on Apr 19, 2024.
Get more info about who owns NGVT shares here.
Does NGVT provide a stable income stream?
No, Ingevity doesn't provide an income stream by paying out dividends.
What others are saying about NGVT
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your NGVT trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you want additional info about investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your NGVT position
Now that you own some NGVT stock, you'll want to keep up with your shares.
Create a watchlist to get the latest updates about your NGVT stock.
NGVT Feed
How to Buy Stock in Ingevity
To summarize, here are the 6 steps you need to take to buy Ingevity stock right now:
- Decide where to buy Ingevity stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Ingevity stock
- Execute your NGVT trade
- Keep tabs on your NGVT position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your new investment in Ingevity, add NGVT to your watchlist by clicking the button below.
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