Ingersoll-Rand Inc (NYSE: IR) kicked off on Friday, down -2.11% from the previous trading day, before settling in for the closing price of $96.00. Over the past 52 weeks, IR has traded in a range of $60.34-$102.74.
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Annual sales at Industrials sector company grew by 22.79% over the past five years. While this was happening, its average annual earnings per share was recorded 11.74%. With a float of $402.66 million, this company’s outstanding shares have now reached $403.35 million.
Let’s look at the performance matrix of the company that is accounted for 18000 employees. In terms of profitability, gross margin is 41.23%, operating margin of 18.76%, and the pretax margin is 15.58%.
Ingersoll-Rand Inc (IR) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Ingersoll-Rand Inc is 0.20%, while institutional ownership is 99.18%. The most recent insider transaction that took place on Aug 27 ’24, was worth 416,578. In this transaction an insider of this company sold 4,629 shares at a rate of $89.99, taking the stock ownership to the 3,829 shares. Before that another transaction happened on Aug 28 ’24, when Company’s insider sold 45 for $91.00, making the entire transaction worth $4,095. This insider now owns 3,784 shares in total.
Ingersoll-Rand Inc (IR) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 11.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.18% 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
Take a look at Ingersoll-Rand Inc’s (IR) current performance indicators. Last quarter, stock had a quick ratio of 1.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.19. Likewise, its price to free cash flow for the trailing twelve months is 28.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.06, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 3.56 in one year’s time.
Technical Analysis of Ingersoll-Rand Inc (IR)
Ingersoll-Rand Inc (NYSE: IR) saw its 5-day average volume 2.62 million, a positive change from its year-to-date volume of 2.54 million. As of the previous 9 days, the stock’s Stochastic %D was 15.91%. Additionally, its Average True Range was 2.00.
During the past 100 days, Ingersoll-Rand Inc’s (IR) raw stochastic average was set at 53.89%, which indicates a significant increase from 5.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.04% in the past 14 days, which was lower than the 30.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $95.32, while its 200-day Moving Average is $92.04. Nevertheless, the first resistance level for the watch stands at $96.69 in the near term. At $99.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $101.00. If the price goes on to break the first support level at $92.38, it is likely to go to the next support level at $90.78. The third support level lies at $88.06 if the price breaches the second support level.
Ingersoll-Rand Inc (NYSE: IR) Key Stats
The company with the Market Capitalisation of 37.11 billion has total of 403,484K Shares Outstanding. Its annual sales at the moment are 6,876 M in contrast with the sum of 778,700 K annual income. Company’s last quarter sales were recorded 1,805 M and last quarter income was 185,000 K.
