Why Is Ingevity (NGVT) Up 6.4% Since Last Earnings Report?

A month has gone by since the last earnings report for Ingevity (NGVT). Shares have added about 6.4% in that time frame, underperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Ingevity due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.

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This article originally published on Zacks Investment Research (zacks.com).

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