NYSE:IRIngersoll-Rand Stock Price, Forecast & News

Ingersoll-Rand's stock was trading at $23.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IR shares have increased by 50.7% and is now trading at $35.40.
View which stocks have been most impacted by COVID-19.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Ingersoll-Rand.

Ingersoll-Rand is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Ingersoll-Rand.

Ingersoll-Rand PLC (NYSE:IR) posted its quarterly earnings data on Monday, August, 3rd. The industrial products company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.12. The industrial products company earned $1.26 billion during the quarter, compared to analysts' expectations of $1.16 billion. Ingersoll-Rand had a negative return on equity of 2.80% and a negative net margin of 4.51%. The business's revenue was up 101.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 EPS.
View Ingersoll-Rand's earnings history.

Ingersoll-Rand declared a quarterly dividend on Thursday, February 6th. Investors of record on Friday, March 13th will be paid a dividend of $0.53 per share on Tuesday, March 31st. This represents a $2.12 annualized dividend and a dividend yield of 5.99%. The ex-dividend date of this dividend is Thursday, March 12th.
View Ingersoll-Rand's dividend history.

Ingersoll-Rand announced that its Board of Directors 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 shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

18 brokerages have issued twelve-month price targets for Ingersoll-Rand's shares. Their forecasts range from $28.00 to $160.00. On average, they expect Ingersoll-Rand's share price to reach $77.71 in the next year. This suggests a possible upside of 119.5% from the stock's current price.
View analysts' price targets for Ingersoll-Rand.

News headlines about IR stock have trended positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ingersoll-Rand earned a daily sentiment score of 2.4 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.
View the latest news about Ingersoll-Rand.

Ingersoll-Rand saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 14,140,000 shares, an increase of 33.8% from the March 31st total of 10,570,000 shares. Based on an average trading volume of 5,450,000 shares, the days-to-cover ratio is currently 2.6 days.
View Ingersoll-Rand's Short Interest.

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), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Middleby (MIDD), Lincoln Electric (LECO) and ITT (ITT).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingersoll-Rand investors own include Home Depot (HD), Bank of America (BAC), AT&T (T), Procter & Gamble (PG), CVS Health (CVS), Intel (INTC), Johnson & Johnson (JNJ), NVIDIA (NVDA), AbbVie (ABBV) and Walt Disney (DIS).

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

Ingersoll-Rand's stock is owned by a number of institutional and retail investors. Top institutional investors include Kohlberg Kravis Roberts & Co. L.P. (10.74%), Vanguard Group Inc. (9.14%), Viking Global Investors LP (2.44%), FMR LLC (2.15%), Bank of New York Mellon Corp (1.68%) and Goldman Sachs Group Inc. (0.51%). Company insiders that own Ingersoll-Rand stock include Andrew R Schiesl, Christopher J Kuehn, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Kkr Group Partnership LP, Marcia J Avedon, Michael J Scheske, Michael W Lamach, Paul A Camuti, Susan K Carter and Vicente Reynal.
View institutional ownership trends for Ingersoll-Rand.

IR stock was sold by a variety of institutional investors in the last quarter, including Kohlberg Kravis Roberts & Co. L.P., FMR LLC, Viking Global Investors LP, Glenmede Trust Co. NA, Bank of New York Mellon Corp, DNB Asset Management AS, Bank of America Corp DE, and TD Asset Management Inc.. Company insiders that have sold Ingersoll-Rand company stock in the last year include Andrew R Schiesl, David S Regnery, Evan M Turtz, Keith A Sultana, Kkr Group Partnership LP, Marcia J Avedon, Michael J Scheske, Michael W Lamach, Paul A Camuti, and Vicente Reynal.
View insider buying and selling activity for Ingersoll-Rand.

IR stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Federated Hermes Inc., Goldman Sachs Group Inc., Russell Investments Group Ltd., State of Wisconsin Investment Board, State of Alaska Department of Revenue, Greenhouse Funds LLLP, and Cibc World Markets Corp.
View insider buying and selling activity 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 $35.40.

Ingersoll-Rand has a market capitalization of $14.76 billion and generates $2.45 billion in revenue each year. The industrial products company earns $159.10 million in net income (profit) each year or $0.76 on an earnings per share basis. Ingersoll-Rand employs 6,600 workers across the globe.

The official website for Ingersoll-Rand is www.irco.com.

Ingersoll-Rand's mailing address is 800-A BEATY STREET, DAVIDSON NC, 28036. The industrial products company can be reached via phone at 704-655-4000.