Free Trial
NYSE:IR

Ingersoll Rand (IR) Stock Price, News & Analysis

$98.70
+1.76 (+1.82%)
(As of 07/26/2024 ET)
Today's Range
$97.84
$99.61
50-Day Range
$87.96
$100.36
52-Week Range
$59.20
$101.30
Volume
1.80 million shs
Average Volume
2.62 million shs
Market Capitalization
$39.82 billion
P/E Ratio
49.10
Dividend Yield
0.08%
Price Target
$98.17

Ingersoll Rand MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
0.5% Downside
$98.17 Price Target
Short Interest
Healthy
2.55% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.62
Upright™ Environmental Score
News Sentiment
0.47mentions of Ingersoll Rand in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$19.55 M Sold Last Quarter
Proj. Earnings Growth
8.20%
From $3.17 to $3.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.94 out of 5 stars

Industrial Products Sector

59th out of 172 stocks

General Industrial Machinery & Equipment Industry

3rd out of 9 stocks

IR stock logo

About Ingersoll Rand Stock (NYSE:IR)

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. The Precision and Science Technologies segment designs, manufactures, and markets diaphragm, piston, water-powered, peristaltic, gear, vane, progressive cavity, and syringe pumps; and gas boosters, hydrogen compression systems, automated liquid handling systems, odorant injection systems, controls, software, and other related components and accessories for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management, and flow control in specialized or critical applications under the Air Dimensions, Albin, ARO, Dosatron, Haskel, Ingersoll Rand, LMI, Maximus, Milton Roy, MP, Oberdorfer, Seepex, Thomas, Welch, Williams, YZ, and Zinnser Analytic brand names. This segment's products are used in medical, life sciences, industrial manufacturing, water and wastewater, chemical processing, energy, food and beverage, agriculture, and other markets. It sells through an integrated network of direct sales representatives and independent distributors. The company was formerly known as Gardner Denver Holdings, Inc. and changed its name to Ingersoll Rand Inc. in March 2020. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina.

IR Stock Price History

IR Stock News Headlines

Ingersoll Rand Declares Regular Quarterly Cash Dividend
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Analysts Set Ingersoll Rand Inc. (NYSE:IR) Price Target at $98.17
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
See More Headlines
Receive IR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ingersoll Rand and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/6 Dividend
5/15/2024
Dividend Payable
6/06/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Dividend Payable
9/05/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 9/5 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
General industrial machinery & equipment
Sub-Industry
Industrial Machinery
CUSIP
G4779110
Fax
N/A
Employees
18,000
Year Founded
1859

Price Target and Rating

Average Stock Price Target
$98.17
High Stock Price Target
$112.00
Low Stock Price Target
$73.00
Potential Upside/Downside
-0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$778.70 million
Pretax Margin
15.75%

Debt

Sales & Book Value

Annual Sales
$6.88 billion
Cash Flow
$4.15 per share
Book Value
$24.33 per share

Miscellaneous

Free Float
400,689,000
Market Cap
$39.82 billion
Optionable
Optionable
Beta
1.45

Social Links

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Key Executives

Should I Buy Ingersoll Rand Stock? IR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ingersoll Rand Inc.:

  • Ingersoll Rand has received positive analyst ratings, with an average target price of $95.82, indicating potential growth.
  • The company's Industrial Technologies and Services segment provides mission-critical technologies worldwide, offering diversified revenue streams.
  • Recent insider transactions show confidence in the company's future, with insiders holding a significant stake in the stock.
  • Ingersoll Rand's Precision and Science Technologies segment focuses on innovative solutions, positioning the company for long-term success in evolving markets.
  • The stock price has shown resilience and potential for growth, making it an attractive investment opportunity.

Cons

Investors should be bearish about investing in Ingersoll Rand Inc. for these reasons:

  • Market analysts have issued some hold ratings on the stock, indicating potential risks or uncertainties in the company's performance.
  • The company operates in various sectors, which could lead to exposure to economic fluctuations and industry-specific challenges.
  • Recent insider selling activities may raise concerns about short-term stock performance or internal outlook.
  • Competitive pressures in the industrial technologies sector could impact Ingersoll Rand's market position and profitability.
  • External factors such as regulatory changes or global economic conditions may affect the company's operations and financial results.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Ingersoll Rand pros and cons to contact@marketbeat.com.

IR Stock Analysis - Frequently Asked Questions

How have IR shares performed this year?

Ingersoll Rand's stock was trading at $77.34 on January 1st, 2024. Since then, IR stock has increased by 27.6% and is now trading at $98.70.
View the best growth stocks for 2024 here
.

How were Ingersoll Rand's earnings last quarter?

Ingersoll Rand Inc. (NYSE:IR) issued its earnings results on Thursday, May, 2nd. The industrial products company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.09. The industrial products company had revenue of $1.67 billion for the quarter, compared to analysts' expectations of $1.70 billion. Ingersoll Rand had a trailing twelve-month return on equity of 12.57% and a net margin of 11.85%.

Is Ingersoll Rand buying back stock?

Ingersoll Rand's Board of Directors initiated a stock buyback plan on Thursday, April 25th 2024, which authorizes the company to repurchase $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 2.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

Does Ingersoll Rand have any subsidiaries?

Ingersoll Rand subsidiaries include these companies: Air Dimensions, Maximus Solutions, SEEPEX, Vacuum and Blower Systems division, Oina VV, MP Pumps Inc., DV Systems Inc., and others.

Who are Ingersoll Rand's major shareholders?

Ingersoll Rand's top institutional shareholders include Bank of New York Mellon Corp (1.37%), Douglas Lane & Associates LLC (0.24%), Sumitomo Mitsui Trust Holdings Inc. (0.24%) and Swedbank AB (0.19%). Insiders that own company stock include Vicente Reynal, Vikram Kini, Gary E Gillespie, Andrew R Schiesl, Michael J Scheske, Viseras Enrique Minarro, Nicholas J Kendall-Jones, Kathleen M Keene and Sia Abbaszadeh.
View institutional ownership trends
.

How do I buy shares of Ingersoll Rand?

Shares of IR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ingersoll Rand own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ingersoll Rand investors own include Home Depot (HD), Bank of America (BAC), AT&T (T), Johnson & Johnson (JNJ), Micron Technology (MU), NVIDIA (NVDA) and Procter & Gamble (PG).

This page (NYSE:IR) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners