Post-Trade Analysis: Ingersoll-Rand Inc (IR) Climbs 0.73, Closing at 91.16

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After finishing at $90.50 in the prior trading day, Ingersoll-Rand Inc (NYSE: IR) closed at $91.16, up 0.73%. In other words, the price has increased by $0.73 from its previous closing price. On the day, 1.06 million shares were traded. IR stock price reached its highest trading level at $91.445 during the session, while it also had its lowest trading level at $90.525.

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 34.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.

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 Aug 21 ’24 when Hepding Elizabeth Meloy bought 7,500 shares for $91.42 per share.

Reynal Vicente sold 50,000 shares of IR for $4,625,300 on Aug 15 ’24. The insider now owns 100,367 shares after completing the transaction at $92.51 per share. On Aug 15 ’24, another insider, Reynal Vicente, who serves as the Officer of the company, bought 50,000 shares for $92.51 each.

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 36781604864 and an Enterprise Value of 40580317184. As of this moment, Ingersoll-Rand’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.07, and their Forward P/E ratio for the next fiscal year is 25.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.23 while its Price-to-Book (P/B) ratio in mrq is 3.70. Its current Enterprise Value per Revenue stands at 5.768 whereas that against EBITDA is 22.167.

Stock Price History:

Over the past 52 weeks, IR has reached a high of $101.30, while it has fallen to a 52-week low of $59.20. The 50-Day Moving Average of the stock is -2.22%, while the 200-Day Moving Average is calculated to be 5.69%.

Shares Statistics:

The stock has traded on average 2.72M shares per day over the past 3-months and 1903960 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 402.17M. Insiders hold about 0.33% of the company’s shares, while institutions hold 101.34% stake in the company. Shares short for IR as of 1722384000 were 9702898 with a Short Ratio of 3.57, compared to 1719532800 on 10108800. Therefore, it implies a Short% of Shares Outstanding of 9702898 and a Short% of Float of 2.71.

Dividends & Splits

In the trailing 12 months, IR’s forward annual dividend rate was 0.08, compared to 0.10 this year. Against a Trailing Annual Dividend Yield of 0.00088397786

Earnings Estimates

The dynamic stock of Ingersoll-Rand Inc (IR) is currently attracting attention from 12.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.89, with high estimates of $0.92 and low estimates of $0.87.

Analysts are recommending an EPS of between $3.36 and $3.28 for the fiscal current year, implying an average EPS of $3.32. EPS for the following year is $3.62, with 12.0 analysts recommending between $3.75 and $3.45.

Revenue Estimates

9 analysts predict $1.88B in revenue for the current quarter. It ranges from a high estimate of $1.91B to a low estimate of $1.87B. As of the current estimate, Ingersoll-Rand Inc’s year-ago sales were $1.74BFor the next quarter, 9 analysts are estimating revenue of $1.99B. There is a high estimate of $2.01B for the next quarter, whereas the lowest estimate is $1.97B.

A total of 12 analysts have provided revenue estimates for IR’s current fiscal year. The highest revenue estimate was $7.38B, while the lowest revenue estimate was $7.28B, resulting in an average revenue estimate of $7.34B. In the same quarter a year ago, actual revenue was $6.88BBased on 12 analysts’ estimates, the company’s revenue will be $7.87B in the next fiscal year. The high estimate is $8.02B and the low estimate is $7.68B.

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