rts logo

IR Stock Forecast: All the More Reason to Consider Ingersoll-Rand Inc (IR) Now

Ingersoll-Rand Inc (NYSE: IR) is -10.50% lower on its value in year-to-date trading and has touched a low of $79.79 and a high of $106.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IR stock was last observed hovering at around $81.67 in the last trading session, with the day’s loss setting it -0.71%.

Currently trading at $80.96, the stock is -2.17% and -7.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing -0.87% at the moment leaves the stock -13.45% off its SMA200. IR registered -11.58% loss for a year compared to 6-month loss of -13.63%. The firm has a 50-day simple moving average (SMA 50) of $87.5458 and a 200-day simple moving average (SMA200) of $93.53755.

The stock witnessed a -6.70% gain in the last 1 month and extending the period to 3 months gives it a -17.01%, and is -1.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.97% over the week and 2.84% over the month.

Ingersoll-Rand Inc (IR) has around 21000 employees, a market worth around $32.63B and $7.24B in sales. Current P/E ratio is 39.31 and Fwd P/E is 21.52. Profit margin for the company is 11.59%. Distance from 52-week low is 1.47% and -23.64% from its 52-week high. The company has generated returns on investments over the last 12 months (5.55%).

with sales reaching $1.74B over the same period.The EPS is expected to grow by 4.24% this year, but quarterly earnings will post 4.44% year-over-year. Quarterly sales are estimated to grow 3.93% in year-over-year returns.

Ingersoll-Rand Inc (IR) Top Institutional Holders

1288.0 institutions hold shares in Ingersoll-Rand Inc (IR), with institutional investors hold 100.32% of the company’s shares. The shares outstanding are 402.88M, and float is at 402.10M with Short Float at 2.08%. Institutions hold 100.08% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 45.18 million shares valued at $4.1 billion. The investor’s holdings represent 11.198% of the IR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 34.48 million shares valued at $3.13 billion to account for 8.5446 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 30.88 million shares representing 7.6532% and valued at over $2.81 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 5.3052 of the shares totaling 21.41 million with a market value of $1.94 billion.

Ingersoll-Rand Inc (IR) Insider Activity

The most recent transaction is an insider sale by Schiesl Andrew R. SEC filings show that Schiesl Andrew R sold 13,228 shares of the company’s common stock on Feb 18 ’25 at a price of $87.05 per share for a total of $1.15 million. Following the sale, the insider now owns 30846.0 shares.

Still, SEC filings show that on Nov 05 ’24, Scheske Michael J (VP, Chief Accounting Officer) disposed off 2,531 shares at an average price of $97.44 for $0.25 million. The insider now directly holds 11,910 shares of Ingersoll-Rand Inc (IR).

Related Posts