NYSE:IR - Ingersoll-Rand Stock Price, Forecast & News

Ingersoll-Rand's stock was trading at $23.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, IR shares have increased by 1.1% and is now trading at $23.75. View which stocks have been mosted impacted by Coronavirus.

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

Ingersoll-Rand PLC (NYSE:IR) issued its quarterly earnings data on Monday, February, 17th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.12. The industrial products company had revenue of $605.80 million for the quarter, compared to analysts' expectations of $603.25 million. Ingersoll-Rand had a return on equity of 8.86% and a net margin of 6.49%. View Ingersoll-Rand's earnings history.

Ingersoll-Rand declared a quarterly dividend on Thursday, February 6th. Stockholders 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 yield of 8.93%. The ex-dividend date is Thursday, March 12th. View Ingersoll-Rand's dividend history.

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

16 equities research analysts have issued 12 month price objectives for Ingersoll-Rand's shares. Their forecasts range from $21.00 to $160.00. On average, they expect Ingersoll-Rand's share price to reach $117.93 in the next year. This suggests a possible upside of 396.6% from the stock's current price. View analysts' price targets for Ingersoll-Rand.

News coverage about IR stock has trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public 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 1.0 on InfoTrie's scale. They also assigned news articles 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 effect on the company's share price in the next few days. View the latest news aboutIngersoll-Rand.

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

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), Johnson & Johnson (JNJ), CVS Health (CVS), Intel (INTC), Walt Disney (DIS), Procter & Gamble (PG), Bank of America (BAC) 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 a variety of retail and institutional investors. Top institutional investors include State Street Corp (4.57%), Massachusetts Financial Services Co. MA (2.81%), FMR LLC (2.72%), Nuveen Asset Management LLC (2.39%), Bank of America Corp DE (1.78%) and Bank of New York Mellon Corp (1.75%). 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 Victory Capital Management Inc., UBS Asset Management Americas Inc., Amundi Pioneer Asset Management Inc., First Trust Advisors LP, PGGM Investments, AQR Capital Management LLC, Nuveen Asset Management LLC, and Retirement Systems of Alabama. 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, and Paul A Camuti. View insider buying and selling activity for Ingersoll-Rand.

IR stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Investec Asset Management LTD, Janus Henderson Group PLC, Standard Life Aberdeen plc, FMR LLC, Alyeska Investment Group L.P., Marshall Wace North America L.P., and Bank of New York Mellon 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 $23.75.

Ingersoll-Rand has a market capitalization of $4.87 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.