NGVT vs. OLN, ASH, BCPC, HUN, CC, IOSP, HWKN, ECVT, PRM, and SLI
Should you be buying Ingevity stock or one of its competitors? The main competitors of Ingevity include Olin (OLN), Ashland (ASH), Balchem (BCPC), Huntsman (HUN), Chemours (CC), Innospec (IOSP), Hawkins (HWKN), Ecovyst (ECVT), Perimeter Solutions (PRM), and Standard Lithium (SLI). These companies are all part of the "chemicals & allied products" industry.
Olin (NYSE:OLN) and Ingevity (NYSE:NGVT) are both basic materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their institutional ownership, community ranking, profitability, earnings, valuation, risk, media sentiment, dividends and analyst recommendations.
Olin has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500. Comparatively, Ingevity has a beta of 1.79, indicating that its stock price is 79% more volatile than the S&P 500.
Olin currently has a consensus price target of $60.00, suggesting a potential upside of 11.61%. Ingevity has a consensus price target of $55.00, suggesting a potential upside of 12.59%. Given Olin's stronger consensus rating and higher possible upside, analysts clearly believe Ingevity is more favorable than Olin.
Olin has higher revenue and earnings than Ingevity. Ingevity is trading at a lower price-to-earnings ratio than Olin, indicating that it is currently the more affordable of the two stocks.
88.7% of Olin shares are held by institutional investors. Comparatively, 91.6% of Ingevity shares are held by institutional investors. 1.6% of Olin shares are held by insiders. Comparatively, 1.1% of Ingevity shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Olin received 106 more outperform votes than Ingevity when rated by MarketBeat users. However, 65.39% of users gave Ingevity an outperform vote while only 59.65% of users gave Olin an outperform vote.
In the previous week, Olin had 2 more articles in the media than Ingevity. MarketBeat recorded 3 mentions for Olin and 1 mentions for Ingevity. Ingevity's average media sentiment score of 1.12 beat Olin's score of 1.02 indicating that Olin is being referred to more favorably in the media.
Olin has a net margin of 5.32% compared to Olin's net margin of -6.84%. Olin's return on equity of 18.65% beat Ingevity's return on equity.
Summary
Olin beats Ingevity on 10 of the 18 factors compared between the two stocks.
Get Ingevity News Delivered to You Automatically
Sign up to receive the latest news and ratings for NGVT and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding NGVT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Ingevity Competitors List
Related Companies and Tools
