Ingersoll Rand Inc. (NYSE: IR) started the day on March 16, 2023, with a price increase of 1.11% at $53.52. During the day, the stock rose to $53.935 and sunk to $51.84 before settling in for the price of $52.93 at the close. Taking a more long-term approach, IR posted a 52-week range of $39.28-$60.39.
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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 20.00%. Meanwhile, its Annual Earning per share during the time was 57.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 16.20%. This publicly-traded company’s shares outstanding now amounts to $405.00 million, simultaneously with a float of $404.13 million. The organization now has a market capitalization sitting at $22.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $56.62, while the 200-day Moving Average is $50.53.
If we measure the efficiency of the company that is accounted for 17000 employees. For the Profitability, stocks gross margin was +33.43, operating margin was +14.87 and Pretax Margin of +12.55.
Ingersoll Rand Inc. (IR) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Industrial Machinery Industry. Ingersoll Rand Inc.’s current insider ownership accounts for 0.10%, in contrast to 99.03% institutional ownership. According to the most recent insider trade that took place on Mar 06, this organization’s insider sold 25,000 shares at the rate of 60.00, making the entire transaction reach 1,500,000 in total value, affecting insider ownership by 102,856. Preceding that transaction, on Feb 23, Company’s official sold 75,000 for 57.34, making the whole transaction’s value amount to 4,300,450. This particular insider is now the holder of 119,480 in total.
Ingersoll Rand Inc. (IR) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2022, the organization reported $0.62 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.59) by $0.03. This company achieved a net margin of +9.96 while generating a return on equity of 6.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.52 per share during the current fiscal year.
Ingersoll Rand Inc.’s EPS increase for this current 12-month fiscal period is 16.20% and is forecasted to reach 2.82 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.40% through the next 5 years, which can be compared against the 57.80% growth it accomplished over the previous five years trading on the market.
Ingersoll Rand Inc. (NYSE: IR) Trading Performance Indicators
Let’s observe the current performance indicators for Ingersoll Rand Inc. (IR). It’s Quick Ratio in the last reported quarter now stands at 1.80. The Stock has managed to achieve an average true range (ATR) of 1.64. Alongside those numbers, its PE Ratio stands at $37.22, and its Beta score is 1.42. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.82. Similarly, its price to free cash flow for trailing twelve months is now 30.83.
In the same vein, IR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.44, a figure that is expected to reach 0.52 in the next quarter, and analysts are predicting that it will be 2.82 at the market close of one year from today.
Technical Analysis of Ingersoll Rand Inc. (IR)
If we take a close look at the recent performances of Ingersoll Rand Inc. (NYSE: IR), its last 5-days Average volume was 3.91 million that shows progress from its year to date volume of 2.38 million. During the previous 9 days, stock’s Stochastic %D was recorded 18.35% While, its Average True Range was 1.79.
Raw Stochastic average of Ingersoll Rand Inc. (IR) in the period of the previous 100 days is set at 54.97%, which indicates a major rise in contrast to 19.66% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 32.65% that was higher than 27.60% volatility it exhibited in the past 100-days period.