About Ingersoll-Rand PLC (Ireland) (NYSE:IR)
Ingersoll-Rand Public Limited Company provides products, services and solutions to improve the quality and comfort of air in homes and buildings, transport and protect food and perishables. The Company's business segments include Climate and Industrial. It is engaged in the design, manufacture, sale and service of a portfolio of industrial and commercial products that include brand names, such as Ingersoll-Rand, Trane, American Standard, ARO and Club Car. Its Climate segment includes Trane and American Standard Heating and Air Conditioning, which provide heating, ventilation and air conditioning systems, and commercial and residential building services, parts, support and controls. It offers energy services and building automation through Trane Building Advantage and Nexia. Its Industrial segment includes compressed air and gas systems and services, power tools, material handling systems, ARO fluid management equipment, as well as Club Car golf, utility and rough terrain vehicles.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Industrial Machinery & Equipment
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:IR
- CUSIP: G4779110
- Web: www.ingersollrand.com
- Market Cap: $23.7205 billion
- Outstanding Shares: 253,667,000
- 50 Day Moving Avg: $89.60
- 200 Day Moving Avg: $88.47
- 52 Week Range: $63.87 - $94.39
Sales & Book Value:
- Trailing P/E Ratio: 23.21
- Foreward P/E Ratio: 18.26
- P/E Growth: 1.82
- Annual Revenue: $13.84 billion
- Price / Sales: 1.71
- Book Value: $26.46 per share
- Price / Book: 3.53
- Annual Dividend: $1.80
- Dividend Yield: 1.9%
- EBITDA: $1.98 billion
- Net Margins: 7.60%
- Return on Equity: 16.64%
- Return on Assets: 6.40%
- Debt-to-Equity Ratio: 0.55%
- Current Ratio: 1.50%
- Quick Ratio: 1.09%
- Average Volume: 1.61 million shs.
- Beta: 1.33
- Short Ratio: 1.51
Frequently Asked Questions for Ingersoll-Rand PLC (Ireland) (NYSE:IR)
What is Ingersoll-Rand PLC (Ireland)'s stock symbol?
Ingersoll-Rand PLC (Ireland) trades on the New York Stock Exchange (NYSE) under the ticker symbol "IR."
How often does Ingersoll-Rand PLC (Ireland) pay dividends? What is the dividend yield for Ingersoll-Rand PLC (Ireland)?
Ingersoll-Rand PLC (Ireland) declared a quarterly dividend on Tuesday, October 3rd. Shareholders of record on Friday, December 8th will be paid a dividend of $0.45 per share on Friday, December 29th. This represents a $1.80 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, December 7th. View Ingersoll-Rand PLC (Ireland)'s Dividend History.
How will Ingersoll-Rand PLC (Ireland)'s stock buyback program work?
Ingersoll-Rand PLC (Ireland) declared that its Board of Directors has approved a share repurchase plan on Sunday, April 9th 2017, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.
How were Ingersoll-Rand PLC (Ireland)'s earnings last quarter?
Ingersoll-Rand PLC (Ireland) (NYSE:IR) issued its quarterly earnings results on Wednesday, July, 26th. The company reported $1.49 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.46 by $0.03. The business earned $3.91 billion during the quarter, compared to analysts' expectations of $3.78 billion. Ingersoll-Rand PLC (Ireland) had a return on equity of 16.64% and a net margin of 7.60%. The company's quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.38 EPS. View Ingersoll-Rand PLC (Ireland)'s Earnings History.
When will Ingersoll-Rand PLC (Ireland) make its next earnings announcement?
What guidance has Ingersoll-Rand PLC (Ireland) issued on next quarter's earnings?
Ingersoll-Rand PLC (Ireland) updated its FY17 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of $4.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.53. The company issued revenue guidance of $14116, compared to the consensus revenue estimate of $13.90 billion.
Where is Ingersoll-Rand PLC (Ireland)'s stock going? Where will Ingersoll-Rand PLC (Ireland)'s stock price be in 2017?
14 brokerages have issued twelve-month price targets for Ingersoll-Rand PLC (Ireland)'s stock. Their predictions range from $93.00 to $105.00. On average, they anticipate Ingersoll-Rand PLC (Ireland)'s stock price to reach $99.78 in the next twelve months. View Analyst Ratings for Ingersoll-Rand PLC (Ireland).
What are analysts saying about Ingersoll-Rand PLC (Ireland) stock?
Here are some recent quotes from research analysts about Ingersoll-Rand PLC (Ireland) stock:
- 1. According to Zacks Investment Research, "Ingersoll has underperformed the industry year to date. Operating risks from high R&D costs for technology-driven products are expected to weigh on margins in the quarters ahead. Ingersoll is also likely to be stifled by the renegotiated deals and restrictions imposed on trade with other European Union members post Brexit referendum. In addition, restructuring actions are likely to lead to near-term earnings dilution for the company. However, Ingersoll is focusing on improving the efficiencies and capabilities of products and services within its core businesses to improve profitability. The geographic and industrial diversity coupled with a large installed product base provides ample growth opportunities within service, spare parts and replacement revenue streams. Furthermore, a robust operating platform and an efficient management team will likely drive net asset value and dividend growth in the future." (10/2/2017)
- 2. Jefferies Group LLC analysts commented, "IR shares are up ~40% YTD and ~14% since the end of 3Q16 (SP500 up ~12% and ~4%) as industry multiples continue to expand. However, we see a case for both multiple expansion and additional earnings outgrowth for 2017." (12/21/2016)
Who are some of Ingersoll-Rand PLC (Ireland)'s key competitors?
Some companies that are related to Ingersoll-Rand PLC (Ireland) include Roper Technologies (ROP), Parker-Hannifin Corporation (PH), Stanley Black & Decker (SWK), Dover Corporation (DOV), Pall (PLL), W.W. Grainger (GWW), Snap-On Incorporated (SNA), Gardner Denver Holdings (GDI), Crane Company (CR), Woodward (WWD), Weir Group PLC (WEIR), Spirax-Sarco Engineering plc (SPX), Timken Company (The) (TKR), Barnes Group (B), IMI plc (IMI), Manitowoc Food Service (WBT), KLX (KLXI) and Rexnord Corporation (RXN).
Who are Ingersoll-Rand PLC (Ireland)'s key executives?
Ingersoll-Rand PLC (Ireland)'s management team includes the folowing people:
- Michael W. Lamach, Chairman of the Board, Chief Executive Officer
- Susan K. Carter CPA, Chief Financial Officer, Senior Vice President
- Donald Simmons, President - Commercial HVAC North America and EMEA
- David Regnery, Executive Vice President - Ingersoll Rand
- Didier P. Teirlinck, Executive Vice President - Climate Segment
- Robert G. Zafari, Executive Vice President - Industrial Segment
- Paul A. Camuti, Senior Vice President - Innovation, Chief Technology Officer
- Maria C. Green, Senior Vice President, General Counsel
- Marcia J. Avedon Ph.D., Senior Vice President - Human Resources, Communications and Corporate Affairs
- Gary Solamon Michel, Senior Vice President and President of Residential HVAC and Supply
Who owns Ingersoll-Rand PLC (Ireland) stock?
Ingersoll-Rand PLC (Ireland)'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.56%), Hermes Investment Management Ltd. (0.17%), PGGM Investments (0.16%), Sit Investment Associates Inc. (0.08%), Assenagon Asset Management S.A. (0.05%) and State Treasurer State of Michigan (0.03%). Company insiders that own Ingersoll-Rand PLC (Ireland) stock include Didier P Teirlinck, Gary S Michel, Keith A Sultana, Marcia J Avedon, Michael W Lamach, Paul A Camuti, Richard J Swift and Robert Zafari. View Institutional Ownership Trends for Ingersoll-Rand PLC (Ireland).
Who sold Ingersoll-Rand PLC (Ireland) stock? Who is selling Ingersoll-Rand PLC (Ireland) stock?
Ingersoll-Rand PLC (Ireland)'s stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., State Treasurer State of Michigan, Meeder Asset Management Inc. and Park National Corp OH. Company insiders that have sold Ingersoll-Rand PLC (Ireland) stock in the last year include Didier P Teirlinck, Gary S Michel, Keith A Sultana, Marcia J Avedon, Paul A Camuti, Richard J Swift and Robert Zafari. View Insider Buying and Selling for Ingersoll-Rand PLC (Ireland).
Who bought Ingersoll-Rand PLC (Ireland) stock? Who is buying Ingersoll-Rand PLC (Ireland) stock?
Ingersoll-Rand PLC (Ireland)'s stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., PGGM Investments, Assenagon Asset Management S.A., Hermes Investment Management Ltd., Fulton Bank N.A., Oakbrook Investments LLC, Summit X LLC and Fisher Asset Management LLC. View Insider Buying and Selling for Ingersoll-Rand PLC (Ireland).
How do I buy Ingersoll-Rand PLC (Ireland) stock?
Shares of Ingersoll-Rand PLC (Ireland) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ingersoll-Rand PLC (Ireland)'s stock price today?
MarketBeat Community Rating for Ingersoll-Rand PLC (Ireland) (NYSE IR)MarketBeat's community ratings are surveys of what our community members think about Ingersoll-Rand PLC (Ireland) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ingersoll-Rand PLC (Ireland) stock can currently be purchased for approximately $93.51.
Consensus Ratings for Ingersoll-Rand PLC (Ireland) (NYSE:IR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||7 Hold Ratings, 7 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$99.78 (6.70% upside)|Consensus Price Target History for Ingersoll-Rand PLC (Ireland) (NYSE:IR)
Analysts' Ratings History for Ingersoll-Rand PLC (Ireland) (NYSE:IR)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$96.00||N/A|
|10/9/2017||Citigroup Inc.||Boost Price Target||Buy||$98.00 -> $103.00||N/A|
|9/25/2017||Morgan Stanley||Boost Price Target||Overweight||$94.00 -> $100.00||Low|
|9/20/2017||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||Low|
|9/13/2017||Stifel Nicolaus||Lower Price Target||Buy||$103.00 -> $98.00||Low|
|9/12/2017||Jefferies Group LLC||Reiterated Rating||Buy||$105.00||Medium|
|8/24/2017||Robert W. Baird||Set Price Target||Hold||$98.00||Low|
|7/27/2017||Royal Bank Of Canada||Reiterated Rating||Sector Perform -> Sector Perform||$90.00 -> $93.00||Low|
|7/11/2017||Wolfe Research||Initiated Coverage||Market Perform||Low|
|7/11/2017||Credit Suisse Group||Reiterated Rating||Buy||$105.00||Low|
|5/2/2017||BMO Capital Markets||Reiterated Rating||Buy||$100.00||Low|
|3/20/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||Low|
|2/10/2017||Evercore ISI||Downgrade||Buy -> Hold||N/A|
|11/16/2016||Buckingham Research||Downgrade||Buy -> Neutral||N/A|
|4/14/2016||Susquehanna Bancshares Inc||Boost Price Target||Neutral||$55.00 -> $61.00||N/A|
|4/3/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Hold||N/A|
|3/7/2016||Nomura||Upgrade||Neutral -> Buy||$56.00 -> $68.00||N/A|
|2/10/2016||Argus||Lower Price Target||Buy||$72.00 -> $62.00||N/A|
|1/19/2016||Barclays PLC||Boost Price Target||Equal Weight||$53.00 -> $59.00||N/A|
|12/22/2015||Sanford C. Bernstein||Lower Price Target||Outperform||$66.00 -> $65.00||N/A|
Earnings History for Ingersoll-Rand PLC (Ireland) (NYSE:IR)Earnings History by Quarter for Ingersoll-Rand PLC (Ireland) (NYSE IR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||$1.46||$1.49||$3.78 billion||$3.91 billion||View||N/A|
|4/26/2017||Q1 2017||$0.53||$0.57||$2.94 billion||$3.00 billion||View||N/A|
|2/1/2017||Q416||$0.92||$0.84||$3.35 billion||$3.36 billion||View||Listen|
|10/26/2016||Q316||$1.29||$1.41||$3.55 billion||$3.57 billion||View||Listen|
|7/27/2016||Q216||$1.30||$1.38||$3.70 billion||$3.69 billion||View||Listen|
|4/26/2016||Q116||$0.37||$0.50||$2.88 billion||$2.89 billion||View||Listen|
|2/9/2016||Q415||$0.93||$0.94||$3.30 billion||$3.33 billion||View||Listen|
|10/27/2015||Q315||$1.16||$1.21||$3.52 billion||$3.50 billion||View||Listen|
|7/28/2015||Q215||$1.23||$1.20||$3.69 billion||$3.60 billion||View||Listen|
|4/23/2015||Q115||$0.32||$0.38||$2.83 billion||$2.90 billion||View||Listen|
|1/30/2015||Q414||$0.70||$0.82||$3.19 billion||$3.20 billion||View||N/A|
|10/22/2014||Q314||$1.04||$1.10||$3.35 billion||$3.40 billion||View||Listen|
|7/22/2014||Q214||$1.11||$1.13||$3.55 billion||$3.50 billion||View||N/A|
|4/23/2014||Q114||$0.26||$0.29||$2.72 billion||$2.70 billion||View||N/A|
|2/11/2014||Q4||$0.62||$0.61||$3.03 billion||$3.10 billion||View||Listen|
|10/18/2013||Q313||$1.10||$1.16||$3.73 billion||$3.75 billion||View||N/A|
|7/19/2013||Q2 2013||$1.08||$1.14||$3.88 billion||$3.93 billion||View||N/A|
|4/23/2013||Q1 2013||$0.40||$0.42||$3.16 billion||$3.10 billion||View||Listen|
|2/1/2013||Q4 2012||$0.70||$0.76||$3.46 billion||$3.47 billion||View||N/A|
Earnings Estimates for Ingersoll-Rand PLC (Ireland) (NYSE:IR)
2017 EPS Consensus Estimate: $4.53
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Ingersoll-Rand PLC (Ireland) (NYSE:IR)
|Dividend Growth:||17.40% (3 Year Average)|
|Payout Ratio:||44.78% (Trailing 12 Months of Earnings) |
39.65% (Based on This Year's Estimates)
35.16% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Ingersoll-Rand PLC (Ireland) (NYSE IR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Ingersoll-Rand PLC (Ireland) (NYSE:IR)
Insider Ownership Percentage: 0.65%Insider Trades by Quarter for Ingersoll-Rand PLC (Ireland) (NYSE:IR)
Institutional Ownership Percentage: 80.34%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/15/2017||Didier P Teirlinck||EVP||Sell||26,174||$86.10||$2,253,581.40|| |
|8/7/2017||Richard J Swift||Director||Sell||2,500||$88.03||$220,075.00|| |
|6/5/2017||Paul A Camuti||Insider||Sell||6,960||$89.90||$625,704.00|| |
|5/19/2017||Paul A Camuti||Insider||Sell||3,500||$89.64||$313,740.00|| |
|5/19/2017||Robert Zafari||EVP||Sell||1,483||$89.59||$132,861.97|| |
|4/27/2017||Marcia J Avedon||Insider||Sell||10,000||$89.53||$895,300.00|| |
|3/3/2017||Keith A Sultana||Insider||Sell||1,046||$79.95||$83,627.70|| |
|2/28/2017||Didier P Teirlinck||EVP||Sell||6,000||$80.87||$485,220.00|| |
|2/14/2017||Didier P Teirlinck||EVP||Sell||3,635||$81.63||$296,725.05|| |
|2/13/2017||Marcia J Avedon||Insider||Sell||15,860||$81.56||$1,293,541.60|| |
|12/7/2016||Didier P Teirlinck||EVP||Sell||7,216||$75.89||$547,622.24|| |
|11/9/2016||Gary S Michel||Insider||Sell||10,708||$74.00||$792,392.00|| |
|11/7/2016||Didier P Teirlinck||EVP||Sell||9,090||$70.00||$636,300.00|| |
|11/2/2016||Didier P Teirlinck||EVP||Sell||28,117||$67.51||$1,898,178.67|| |
|9/6/2016||Richard J Swift||Director||Sell||2,100||$67.99||$142,779.00|| |
|8/29/2016||Keith A Sultana||SVP||Sell||3,071||$68.81||$211,315.51|| |
|8/25/2016||Paul A Camuti||Insider||Sell||2,436||$67.91||$165,428.76|| |
|8/9/2016||Marcia J Avedon||Insider||Sell||5,815||$68.17||$396,408.55|| |
|5/26/2016||Paul A Camuti||SVP||Sell||4,800||$49.20||$236,160.00|| |
|5/3/2016||Gary S Michel||SVP||Sell||11,000||$65.76||$723,360.00|| |
|4/28/2016||Marcia J Avedon||SVP||Sell||10,000||$66.31||$663,100.00|| |
|4/13/2016||Robert Zafari||EVP||Sell||7,000||$63.00||$441,000.00|| |
|3/29/2016||Michael W Lamach||CEO||Sell||50,000||$62.00||$3,100,000.00|| |
|3/17/2016||Michael W Lamach||CEO||Sell||185,559||$60.00||$11,133,540.00|| |
|2/22/2016||Robert Zafari||EVP||Sell||2,000||$53.16||$106,320.00|| |
|11/30/2015||Richard J Swift||Director||Sell||2,000||$58.50||$117,000.00|| |
|11/5/2015||Richard J Swift||Director||Sell||2,000||$59.86||$119,720.00|| |
|5/12/2015||Richard J Swift||Director||Sell||1,238||$67.07||$83,032.66|| |
|3/24/2015||Michael W Lamach||CEO||Sell||29,033||$67.83||$1,969,308.39|| |
|3/17/2015||Michael W Lamach||CEO||Sell||29,033||$67.77||$1,967,566.41|| |
|3/5/2015||Paul A Camuti||SVP||Sell||8,064||$67.60||$545,126.40|| |
|2/26/2015||Marcia J Avedon||SVP||Sell||19,509||$68.30||$1,332,464.70|| |
|1/2/2015||Michael W Lamach||CEO||Sell||150,000||$63.01||$9,451,500.00|| |
|11/5/2014||Richard Weller||VP||Sell||19,582||$62.00||$1,214,084.00|| |
|10/23/2014||Gary S Michel||SVP||Sell||20,264||$58.25||$1,180,378.00|| |
|7/29/2014||Jared L Cohon||Director||Sell||10,080||$61.53||$620,222.40|| |
|7/23/2014||Didier P Teirlinck||EVP||Sell||27,731||$64.26||$1,781,994.06|| |
|7/23/2014||Marcia J Avedon||SVP||Sell||10,000||$64.10||$641,000.00|| |
|7/23/2014||Richard J Swift||Director||Sell||3,500||$64.26||$224,910.00|| |
|7/23/2014||Richard Weller||VP||Sell||21,380||$64.05||$1,369,389.00|| |
|5/8/2014||Gary Michel||SVP||Sell||10,000||$59.25||$592,500.00|| |
|4/29/2014||Michael Lamach||CEO||Sell||18,883||$58.62||$1,106,921.46|| |
|4/23/2014||Michael Lamach||CEO||Sell||62,673||$59.34||$3,719,015.82|| |
|4/8/2014||Michael Lamach||CEO||Sell||18,883||$55.14||$1,041,208.62|| |
|2/24/2014||Robert Katz||SVP||Sell||18,178||$59.78||$1,086,680.84|| |
Headline Trends for Ingersoll-Rand PLC (Ireland) (NYSE:IR)
Latest Headlines for Ingersoll-Rand PLC (Ireland) (NYSE:IR)
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Ingersoll-Rand PLC (Ireland) (IR) Chart for Sunday, October, 22, 2017