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After finishing at $100.34 in the prior trading day, Ingersoll-Rand Inc (NYSE: IR) closed at $98.02, down -2.31%. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 2.61 million shares were traded. IR stock price reached its highest trading level at $99.86 during the session, while it also had its lowest trading level at $98.02.
Ratios:
Our goal is to gain a better understanding of IR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.27.
On March 12, 2024, Exane BNP Paribas started tracking the stock assigning a Neutral rating and target price of $92.
Evercore ISI Downgraded its Outperform to In-line on February 20, 2024, whereas the target price for the stock was revised from $81 to $89.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 04 ’24 when Reynal Vicente sold 198,486 shares for $88.11 per share. The transaction valued at 17,488,350 led to the insider holds 100,367 shares of the business.
Reynal Vicente sold 258,488 shares of IR for $23,272,604 on Jun 03 ’24. The insider now owns 100,367 shares after completing the transaction at $90.03 per share. On May 17 ’24, another insider, Schiesl Andrew R, who serves as the insider of the company, sold 22,369 shares for $92.17 each. As a result, the insider received 2,061,863 and left with 30,846 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 40501764096 and an Enterprise Value of 40930791424. As of this moment, Ingersoll-Rand’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.81, and their Forward P/E ratio for the next fiscal year is 27.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.72 while its Price-to-Book (P/B) ratio in mrq is 4.02. Its current Enterprise Value per Revenue stands at 5.918 whereas that against EBITDA is 23.277.
Stock Price History:
Over the past 52 weeks, IR has reached a high of $100.65, while it has fallen to a 52-week low of $59.20. The 50-Day Moving Average of the stock is 6.25%, while the 200-Day Moving Average is calculated to be 18.98%.
Shares Statistics:
The stock has traded on average 2.82M shares per day over the past 3-months and 1982170 shares per day over the last 10 days, according to various share statistics. A total of 403.35M shares are outstanding, with a floating share count of 402.61M. Insiders hold about 0.20% of the company’s shares, while institutions hold 96.68% stake in the company. Shares short for IR as of 1719532800 were 10108800 with a Short Ratio of 3.58, compared to 1717113600 on 9609893. Therefore, it implies a Short% of Shares Outstanding of 10108800 and a Short% of Float of 2.8299998.
Dividends & Splits
In the trailing 12 months, IR’s forward annual dividend rate was 0.08, compared to 0.08 this year. Against a Trailing Annual Dividend Yield of 0.00079728925
