NYSE:IRIngersoll-Rand Stock Price, Forecast & News

$30.37

+1.52 (+5.27 %)

(As of 06/3/2020 02:27 PM ET)

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Today's Range

$29.12

Now: $30.37▼

$30.56

50-Day Range

$24.36

MA: $27.83▼

$30.41

52-Week Range

$17.01

Now: $30.37▼

$38.96

Volume1.58 million shs

Average Volume3.18 million shs

Market Capitalization$12.65 billion

P/E Ratio75.93

Dividend YieldN/A

Beta1.46

Ingersoll-Rand Plc designs, manufactures, sells, and services industrial and commercial products. The company operates through Climate and Industrial segments. The Climate segment offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality; industrial refrigeration; motor replacements; refrigerant reclamation; thermostats/controls; transport heater products; and water source heat pumps. It also provides building management; bus, rail, and multi-pipe hvac; control; container, cryogenic, diesel-powered, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration; ductless; geothermal; package heating and cooling; temporary heating and cooling; and unitary systems, as well as aftermarket and OEM parts and supplies. In addition, this segment offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. The Industrial segment provides air treatment and separation, engine starting, ergonomic material handling, fluid handling, precision fastening, and mobile golf information systems; and airends, blowers, compressors, dryers, filters, golf vehicles, hoists, fluid power components, power tools, pumps, rough terrain vehicles, utility and low-speed vehicles, and winches, as well as aftermarket controls, parts, accessories, and consumables. It also provides aftermarket and OEM parts and supplies. The company markets and sells its products under the American Standard, ARO, Club Car, Nexia, Thermo King, and Trane brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. Ingersoll-Rand Plc was founded in 1871 and is headquartered in Swords, Ireland.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Ingersoll-Rand has received a consensus rating of Buy. The company's average rating score is 2.59, and is based on 10 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $83.59, Ingersoll-Rand has a potential upside of 174.5% from its current price of $30.45.
Amount of Analyst Coverage
Ingersoll-Rand has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
Ingersoll-Rand has received 636 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ingersoll-Rand has received 752 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ingersoll-Rand has received 54.18% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Ingersoll-Rand and other stocks. Vote “Outperform” if you believe IR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IR will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Ingersoll-Rand does not currently pay a dividend.
Dividend Growth
Ingersoll-Rand has been increasing its dividend for 9 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ingersoll-Rand insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $398,845,750.00 in company stock.
Percentage Held by Insiders
Only 1.70% of the stock of Ingersoll-Rand is held by insiders.
Percentage Held by Institutions
94.82% of the stock of Ingersoll-Rand is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Ingersoll-Rand are expected to grow by 5,900.00% in the coming year, from $0.01 to $0.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ingersoll-Rand is 76.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ingersoll-Rand is 76.13, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.27.
Price to Earnings Growth Ratio
Ingersoll-Rand has a PEG Ratio of 362.67. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ingersoll-Rand has a P/B Ratio of 3.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.06 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry General industrial machinery & equipment

Sub-IndustryIndustrial Machinery

SectorIndustrial Products

Current SymbolNYSE:IR

Previous Symbol

CUSIPG4779110

CIK1466258

Webwww.irco.com

Phone414-212-4700

Debt

Debt-to-Equity Ratio0.39

Current Ratio2.11

Quick Ratio1.32

Price-To-Earnings

Trailing P/E Ratio75.93

Forward P/E Ratio3,037.00

P/E Growth362.67

Sales & Book Value

Annual Sales$2.45 billion

Price / Sales5.16

Cash Flow$1.74 per share

Price / Cash Flow17.45

Book Value$9.14 per share

Price / Book3.32

Profitability

EPS (Most Recent Fiscal Year)$0.76

Net Income$159.10 million

Net Margins2.86%

Return on Equity2.12%

Return on Assets1.03%

Miscellaneous

Employees6,600

Outstanding Shares416,590,000

Market Cap$12.65 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Ingersoll-Rand (NYSE:IR) Frequently Asked Questions

How has Ingersoll-Rand's stock been impacted by COVID-19 (Coronavirus)?

Ingersoll-Rand's stock was trading at $23.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IR stock has increased by 29.6% and is now trading at $30.45. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ingersoll-Rand?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ingersoll-Rand.

When is Ingersoll-Rand's next earnings date?

Ingersoll-Rand is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Ingersoll-Rand.

How were Ingersoll-Rand's earnings last quarter?

Ingersoll-Rand PLC (NYSE:IR) announced its quarterly earnings results on Tuesday, May, 12th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.02. The industrial products company had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.27 billion. Ingersoll-Rand had a net margin of 2.86% and a return on equity of 2.12%. The firm's revenue for the quarter was down 63.6% on a year-over-year basis. During the same period last year, the firm earned $0.38 EPS. View Ingersoll-Rand's earnings history.

How often does Ingersoll-Rand pay dividends? What is the dividend yield for Ingersoll-Rand?

Ingersoll-Rand announced a quarterly dividend on Thursday, February 6th. Shareholders 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 6.96%. The ex-dividend date of this dividend is Thursday, March 12th. View Ingersoll-Rand's dividend history.

How will Ingersoll-Rand's stock buyback program work?

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

What price target have analysts set for IR?

17 brokers have issued 1-year price objectives for Ingersoll-Rand's stock. Their forecasts range from $28.00 to $160.00. On average, they anticipate Ingersoll-Rand's stock price to reach $83.59 in the next year. This suggests a possible upside of 174.5% from the stock's current price. View analysts' price targets for Ingersoll-Rand.

Has Ingersoll-Rand been receiving favorable news coverage?

Headlines about IR stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Ingersoll-Rand earned a news impact score of 1.7 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near term. View the latest news aboutIngersoll-Rand.

Who are some of Ingersoll-Rand's key competitors?

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

What other stocks do shareholders of Ingersoll-Rand own?

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

Who are Ingersoll-Rand's key executives?

Ingersoll-Rand's management team includes the following people:

Mr. Michael W. Lamach, Chairman & CEO (Age 55)
Ms. Susan K. Carter, Sr. VP & CFO (Age 61)
Dr. Marcia J. Avedon, Sr. VP of HR, Communications & Corp. Affairs and Member of Advisory Council (Age 57)
Mr. David S. Regnery, Exec. VP of Climate & Industrial Segments (Age 56)
Ms. Maria C. Green, Sr. VP (Age 66)

What is Ingersoll-Rand's stock symbol?

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

Who are Ingersoll-Rand's major shareholders?

Ingersoll-Rand's stock is owned by many different institutional and retail investors. Top institutional investors include Kohlberg Kravis Roberts & Co. L.P. (34.44%), Wellington Management Group LLP (11.16%), BlackRock Inc. (11.04%), State Street Corp (6.44%), Viking Global Investors LP (5.85%) and Bank of New York Mellon Corp (3.98%). 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 W Lamach, Paul A Camuti and Susan K Carter. View institutional ownership trends for Ingersoll-Rand.

Which institutional investors are selling Ingersoll-Rand stock?

IR stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Invesco Ltd., Nuveen Asset Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., PNC Financial Services Group Inc., Federated Hermes Inc., and Alyeska Investment Group L.P.. Company insiders that have sold Ingersoll-Rand company stock in the last year include Andrew R Schiesl, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Kkr Group Partnership LP, Marcia J Avedon, Michael W Lamach, and Paul A Camuti. View insider buying and selling activity for Ingersoll-Rand.

Which institutional investors are buying Ingersoll-Rand stock?

IR stock was purchased by a variety of institutional investors in the last quarter, including Kohlberg Kravis Roberts & Co. L.P., Wellington Management Group LLP, Viking Global Investors LP, Janus Henderson Group PLC, BlackRock Inc., Waddell & Reed Financial Inc., Bank of New York Mellon Corp, and Eaton Vance Management. View insider buying and selling activity for Ingersoll-Rand.

How do I buy shares of 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.

What is Ingersoll-Rand's stock price today?

One share of IR stock can currently be purchased for approximately $30.45.

How big of a company is Ingersoll-Rand?

Ingersoll-Rand has a market capitalization of $12.69 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.

What is Ingersoll-Rand's official website?

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

How can I contact Ingersoll-Rand?

Ingersoll-Rand's mailing address is 222 EAST ERIE STREET STE 500, MILWAUKEE WI, 53202. The industrial products company can be reached via phone at 414-212-4700.

This page was last updated on 6/3/2020 by MarketBeat.com Staff