The closing price of Ingersoll Rand Inc. (NYSE: IR) was $56.91 for the day, down -1.90% from the previous closing price of $58.01. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 1854235 shares were traded. IR stock price reached its highest trading level at $57.95 during the session, while it also had its lowest trading level at $56.66.
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Ratios:
Our analysis of IR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.29.
Upgrades & Downgrades
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 06 when Reynal Vicente sold 25,000 shares for $60.00 per share. The transaction valued at 1,500,000 led to the insider holds 102,856 shares of the business.
Reynal Vicente sold 75,000 shares of IR for $4,300,450 on Feb 23. The insider now owns 119,480 shares after completing the transaction at $57.34 per share. On Feb 23, another insider, Schiesl Andrew R, who serves as the insider of the company, sold 18,000 shares for $56.77 each. As a result, the insider received 1,021,822 and left with 66,601 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IR now has a Market Capitalization of 23.12B and an Enterprise Value of 24.30B. As of this moment, Ingersoll’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.09, and their Forward P/E ratio for the next fiscal year is 19.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.72 while its Price-to-Book (P/B) ratio in mrq is 2.47. Its current Enterprise Value per Revenue stands at 3.91 whereas that against EBITDA is 17.71.
Stock Price History:
Over the past 52 weeks, IR has reached a high of $61.06, while it has fallen to a 52-week low of $39.28. The 50-Day Moving Average of the stock is 56.52, while the 200-Day Moving Average is calculated to be 53.34.
Shares Statistics:
IR traded an average of 2.50M shares per day over the past three months and 1.69M shares per day over the past ten days. A total of 405.00M shares are outstanding, with a floating share count of 404.13M. Insiders hold about 0.10% of the company’s shares, while institutions hold 99.11% stake in the company. Shares short for IR as of Apr 27, 2023 were 5.72M with a Short Ratio of 5.72M, compared to 6.26M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.41% and a Short% of Float of 1.89%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.06, IR has a forward annual dividend rate of 0.08. Against a Trailing Annual Dividend Yield of 0.10%, it implies a Forward Annual Dividend Yield of 0.13%. The current Payout Ratio is 4.90% for IR, which recently paid a dividend on Jun 21, 2023 with an ex-dividend date of May 22, 2023. Stock splits for the company last occurred on Dec 01, 2013 when the company split stock in a 1252:1000 ratio.
Earnings Estimates
The firm’s stock currently is rated by 13 analysts. On average, analysts expect EPS of $0.6 for the current quarter, with a high estimate of $0.65 and a low estimate of $0.56, while EPS last year was $0.54. The consensus estimate for the next quarter is $0.7, with high estimates of $0.75 and low estimates of $0.66.
Analysts are recommending an EPS of between $2.83 and $2.57 for the fiscal current year, implying an average EPS of $2.71. EPS for the following year is $2.96, with 15 analysts recommending between $3.09 and $2.85.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $1.63B to a low estimate of $1.51B. As of the current estimate, Ingersoll Rand Inc.’s year-ago sales were $1.44B, an estimated increase of 10.20% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $1.68B, an increase of 15.80% over than the figure of $10.20% in the same quarter last year. There is a high estimate of $1.72B for the next quarter, whereas the lowest estimate is $1.65B.
A total of 15 analysts have provided revenue estimates for IR’s current fiscal year. The highest revenue estimate was $6.78B, while the lowest revenue estimate was $6.43B, resulting in an average revenue estimate of $6.63B. In the same quarter a year ago, actual revenue was $5.92B, up 12.10% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $6.9B in the next fiscal year. The high estimate is $7.27B and the low estimate is $5.97B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.
