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An announcement from Ingevity ( (NGVT) ) is now available.
On September 4, 2025, Ingevity Corporation announced an agreement to sell its North Charleston crude tall oil refinery and the majority of its Industrial Specialties product line to Mainstream Pine Products for $110 million in cash, with potential additional contingent payments. This transaction aims to reduce portfolio volatility, strengthen Ingevity’s margin and cash flow profile, and enhance strategic flexibility. The sale is expected to close by early 2026 and will not impact Ingevity’s Road Technologies product line. The agreement includes various operational and supply arrangements between Ingevity and Mainstream, ensuring continuity and mutual benefits for both parties.
The most recent analyst rating on (NGVT) stock is a Hold with a $60.00 price target. To see the full list of analyst forecasts on Ingevity stock, see the NGVT Stock Forecast page.
Spark’s Take on NGVT Stock
According to Spark, TipRanks’ AI Analyst, NGVT is a Neutral.
Ingevity’s overall stock score reflects a mix of financial challenges and strong technical momentum. The company’s financial performance is under pressure due to high leverage and negative margins, but the technical indicators show bullish momentum. The positive sentiment from the earnings call, with improved guidance and strategic execution, also contributes positively to the score. However, the negative valuation metrics weigh down the overall attractiveness.
To see Spark’s full report on NGVT stock, click here.
More about Ingevity
Ingevity Corporation operates in the specialty chemicals industry, providing products and technologies that purify, protect, and enhance the environment. The company is involved in three segments: Performance Materials, Advanced Polymer Technologies, and Performance Chemicals, with applications in adhesives, agrochemicals, asphalt paving, and more. Headquartered in North Charleston, South Carolina, Ingevity operates globally and employs approximately 1,600 people.
Average Trading Volume: 258,391
Technical Sentiment Signal: Buy
Current Market Cap: $2.14B
For an in-depth examination of NGVT stock, go to TipRanks’ Overview page.