Ingersoll Rand (IR) to Release Earnings on Thursday

Ingersoll Rand (NYSE:IR - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.74 per share and revenue of $1.73 billion for the quarter. Ingersoll Rand has set its FY 2025 guidance at 3.380-3.500 EPS.

Ingersoll Rand (NYSE:IR - Get Free Report) last issued its earnings results on Thursday, February 13th. The industrial products company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.04). The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.91 billion. Ingersoll Rand had a return on equity of 12.78% and a net margin of 11.59%. On average, analysts expect Ingersoll Rand to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Ingersoll Rand Stock Performance

Shares of IR stock traded up $0.05 on Tuesday, hitting $74.85. 7,168,698 shares of the stock traded hands, compared to its average volume of 2,593,591. The company's fifty day moving average is $78.00 and its 200 day moving average is $89.80. Ingersoll Rand has a 1-year low of $65.61 and a 1-year high of $106.03. The company has a market capitalization of $30.17 billion, a PE ratio of 36.34, a PEG ratio of 3.50 and a beta of 1.40. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.29 and a quick ratio of 1.71.

Ingersoll Rand Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.11%. The ex-dividend date is Thursday, May 15th. Ingersoll Rand's dividend payout ratio is presently 3.88%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on IR shares. Robert W. Baird lifted their price objective on shares of Ingersoll Rand from $105.00 to $111.00 and gave the stock an "outperform" rating in a report on Tuesday, February 18th. Evercore ISI reduced their price target on shares of Ingersoll Rand from $100.00 to $91.00 and set an "in-line" rating for the company in a report on Wednesday, February 19th. Citigroup reduced their price target on shares of Ingersoll Rand from $109.00 to $88.00 and set a "buy" rating for the company in a report on Monday, April 14th. Stifel Nicolaus reduced their price target on shares of Ingersoll Rand from $94.00 to $77.00 and set a "hold" rating for the company in a report on Monday, April 14th. Finally, Barclays reduced their price target on shares of Ingersoll Rand from $93.00 to $85.00 and set an "overweight" rating for the company in a report on Thursday, April 10th. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $100.36.

Ingersoll Rand Company Profile

Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.