On Tuesday, Ingersoll-Rand Inc (NYSE: IR) opened lower -0.44% from the last session, before settling in for the closing price of $91.28. Price fluctuations for IR have ranged from $53.24 to $96.17 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 22.79% over the last five years. Company’s average yearly earnings per share was noted 8.87% at the time writing. With a float of $402.61 million, this company’s outstanding shares have now reached $403.35 million.
The firm has a total of 18000 workers. Let’s measure their productivity.
Ingersoll-Rand Inc (IR) Insider Activity
A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Ingersoll-Rand Inc is 0.21%, while institutional ownership is 96.96%. The most recent insider transaction that took place on Mar 11 ’24, was worth 3,131,100. In this transaction an insider of this company sold 35,000 shares at a rate of $89.46, taking the stock ownership to the 16,525 shares. Before that another transaction happened on Feb 28 ’24, when Company’s insider sold 240,000 for $90.16, making the entire transaction worth $21,638,640. This insider now owns 91,957 shares in total.
Ingersoll-Rand Inc (IR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.00 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.28% during the next five years compared to 8.12% growth over the previous five years of trading.
Ingersoll-Rand Inc (NYSE: IR) Trading Performance Indicators
Check out the current performance indicators for Ingersoll-Rand Inc (IR). In the past quarter, the stock posted a quick ratio of 1.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.33. Likewise, its price to free cash flow for the trailing twelve months is 28.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.91, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 3.57 in one year’s time.
Technical Analysis of Ingersoll-Rand Inc (IR)
Analysing the last 5-days average volume posted by the [Ingersoll-Rand Inc, IR], we can find that recorded value of 1.62 million was lower than the volume posted last year of 2.48 million. As of the previous 9 days, the stock’s Stochastic %D was 9.33%. Additionally, its Average True Range was 1.72.
During the past 100 days, Ingersoll-Rand Inc’s (IR) raw stochastic average was set at 80.19%, which indicates a significant increase from 8.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.06% in the past 14 days, which was lower than the 18.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $90.66, while its 200-day Moving Average is $74.48. Now, the first resistance to watch is $91.58. This is followed by the second major resistance level at $92.28. The third major resistance level sits at $92.84. If the price goes on to break the first support level at $90.32, it is likely to go to the next support level at $89.77. Should the price break the second support level, the third support level stands at $89.06.
Ingersoll-Rand Inc (NYSE: IR) Key Stats
There are currently 403,436K shares outstanding in the company with a market cap of 36.66 billion. Presently, the company’s annual sales total 6,876 M according to its annual income of 778,700 K. Last quarter, the company’s sales amounted to 1,821 M and its income totaled 229,800 K.
