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. Since then, IR shares have increased by 0.0% and is now trading at $23.49. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 6 hold ratings and 9 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 Tuesday, May 5th 2020. View our earnings forecast for Ingersoll-Rand.

Ingersoll-Rand PLC (NYSE:IR) announced its earnings results on Monday, February, 17th. The industrial products company reported $0.12 EPS for the quarter, hitting analysts' consensus estimates of $0.12. The industrial products company earned $605.80 million during the quarter, compared to analyst estimates of $603.25 million. Ingersoll-Rand had a net margin of 6.49% and a return on equity of 8.86%. 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 given a dividend of $0.53 per share on Tuesday, March 31st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 9.03%. The ex-dividend date of this dividend is Thursday, March 12th. View Ingersoll-Rand's dividend history.

Ingersoll-Rand declared that its Board of Directors has authorized a share buyback plan on Wednesday, October 3rd 2018, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

15 equities research analysts have issued 12 month target prices for Ingersoll-Rand's stock. Their forecasts range from $21.00 to $160.00. On average, they anticipate Ingersoll-Rand's share price to reach $117.07 in the next year. This suggests a possible upside of 398.4% from the stock's current price. View analysts' price targets for Ingersoll-Rand.

Media headlines about IR stock have trended very negative on Sunday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ingersoll-Rand earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutIngersoll-Rand.

Ingersoll-Rand saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 2,620,000 shares, a decline of 7.7% from the February 13th total of 2,840,000 shares. Based on an average trading volume of 3,370,000 shares, the short-interest ratio is presently 0.8 days. Currently, 1.3% of the shares of the stock are short sold. 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), Graco (GGG), Nordson (NDSN), Snap-on (SNA), Gardner Denver (GDI), Donaldson (DCI), Pentair (PNR), Lincoln Electric (LECO), ITT (ITT) and Woodward, Inc.Common Stock (WWD).

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

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

Ingersoll-Rand's stock is owned by many different institutional and retail investors. Top institutional shareholders include Fulton Bank N.A. (0.01%), Fulcrum Equity Management (0.00%) and M&R Capital Management Inc. (0.00%). 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 Fulton Bank N.A., Fulcrum Equity Management, and M&R Capital Management Inc.. Company insiders that have sold Ingersoll-Rand company stock in the last year include David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Marcia J Avedon, Michael W Lamach, and Paul A Camuti. 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 $23.49.

Ingersoll-Rand has a market capitalization of $4.82 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. View additional information about Ingersoll-Rand.

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

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.