Ingersoll-Rand Stock Price, Forecast & Analysis (NYSE:IR)

Ingersoll-Rand trades on the New York Stock Exchange (NYSE) under the ticker symbol "IR."

Ingersoll-Rand announced a quarterly dividend on Thursday, October 3rd. Shareholders of record on Friday, December 6th will be paid a dividend of $0.53 per share on Tuesday, December 31st. This represents a $2.12 annualized dividend and a dividend yield of 1.64%. The ex-dividend date of this dividend is Thursday, December 5th. View Ingersoll-Rand's Dividend History.

Ingersoll-Rand declared that its board has approved a share buyback program on Wednesday, October 3rd 2018, which authorizes the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

Ingersoll-Rand PLC (NYSE:IR) posted its quarterly earnings results on Tuesday, October, 29th. The industrial products company reported $1.99 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.91 by $0.08. The industrial products company had revenue of $4.16 billion for the quarter, compared to analyst estimates of $4.30 billion. Ingersoll-Rand had a return on equity of 21.72% and a net margin of 8.38%. The firm's revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.75 EPS. View Ingersoll-Rand's Earnings History.

Ingersoll-Rand is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Ingersoll-Rand.

Ingersoll-Rand updated its FY19 earnings guidance on Tuesday, October, 29th. The company provided EPS guidance of ~$6.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.38.

12 brokerages have issued 1-year target prices for Ingersoll-Rand's stock. Their forecasts range from $122.00 to $145.00. On average, they anticipate Ingersoll-Rand's stock price to reach $135.27 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price. View Analyst Price Targets for Ingersoll-Rand.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ingersoll-Rand.

News coverage about IR stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ingersoll-Rand earned a coverage optimism score of -2.5 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Ingersoll-Rand.

Ingersoll-Rand saw a decline in short interest in the month of October. As of October 15th, there was short interest totalling 2,340,000 shares, a decline of 5.6% from the September 15th total of 2,480,000 shares. Based on an average daily volume of 1,200,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.0% of the shares of the company are sold short. View Ingersoll-Rand's Current Options Chain.

Some companies that are related to Ingersoll-Rand include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Donaldson (DCI), Gardner Denver (GDI), Middleby (MIDD) and Flowserve (FLS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingersoll-Rand investors own include Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), Procter & Gamble (PG), UnitedHealth Group (UNH), CVS Health (CVS), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Walt Disney (dis) and Bank of America (BAC).

Ingersoll-Rand's stock is owned by many different of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.86%), Beutel Goodman & Co Ltd. (0.30%), Strs Ohio (0.29%), California Public Employees Retirement System (0.24%), Menora Mivtachim Holdings LTD. (0.24%) and First Trust Advisors LP (0.24%). Company insiders that own Ingersoll-Rand stock include Christopher J Kuehn, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Marcia J Avedon, Michael W Lamach, Paul A Camuti and Susan K Carter. View Institutional Ownership Trends for Ingersoll-Rand.

IR stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, State of Tennessee Treasury Department, Nippon Life Global Investors Americas Inc., Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., Rhumbline Advisers, Dupont Capital Management Corp and Russell Investments Group Ltd.. Company insiders that have sold Ingersoll-Rand company stock in the last year include Christopher J Kuehn, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Marcia J Avedon, Michael W Lamach, Paul A Camuti and Susan K Carter. View Insider Buying and Selling for Ingersoll-Rand.

IR stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Country Trust Bank, Menora Mivtachim Holdings LTD., BB&T Securities LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Eastern Bank and State of Alaska Department of Revenue. View Insider Buying and Selling for Ingersoll-Rand.

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

One share of IR stock can currently be purchased for approximately $129.47.

Ingersoll-Rand has a market capitalization of $31.02 billion and generates $15.67 billion in revenue each year. The industrial products company earns $1.34 billion in net income (profit) each year or $5.61 on an earnings per share basis. Ingersoll-Rand employs 49,000 workers across the globe.View Additional Information About Ingersoll-Rand.

The official website for Ingersoll-Rand is http://www.company.ingersollrand.com/.

Ingersoll-Rand's mailing address is 170/175 LAKEVIEW DRIVE AIRSIDE BUSINESS PARK SWORDS, DUBLIN L2, 28036. The industrial products company can be reached via phone at 353-01-870-7400 or via email at [email protected]