Ingersoll-Rand Inc (NYSE: IR) is -7.98% lower on its value in year-to-date trading and has touched a low of $65.61 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 $84.50 in the last trading session, with the day’s loss setting it -1.26%.
Currently trading at $83.24, the stock is 8.90% and 6.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.86 million and changing -1.49% at the moment leaves the stock -7.83% off its SMA200. IR registered -8.79% loss for a year compared to 6-month loss of -18.88%.
The stock witnessed a 13.45% gain in the last 1 month and extending the period to 3 months gives it a -8.88%, and is 6.91% up 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 1.96% over the week and 2.68% over the month.
Ingersoll-Rand Inc (IR) has around 21000 employees, a market worth around $33.58B and $7.28B in sales. Current P/E ratio is 41.15 and Fwd P/E is 22.69. Profit margin for the company is 11.30%. Distance from 52-week low is 26.87% and -21.49% from its 52-week high. The company has generated returns on investments over the last 12 months (5.39%).
The EPS is expected to grow by 1.77% this year
The shares outstanding are 403.43M, and float is at 402.48M with Short Float at 2.33%.
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
Still, SEC filings show that on Feb 18 ’25, Schiesl Andrew R disposed off 13,228 shares at an average price of $87.05 for $1.15 million. The insider now directly holds 30,846 shares of Ingersoll-Rand Inc (IR).
