Published on 20 Apr 2024 on Simply Wall St. via Yahoo Finance
Ingredion Incorporated's (NYSE:INGR) Stock Has Been Sliding But Fundamentals Look Strong: Is The...
Ingredion (NYSE:INGR) has had a rough month with its share price down 4.1%. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to Ingredion's ROE today.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.