A new trading day began on Tuesday, with Ingersoll-Rand Inc (NYSE: IR) stock price down -0.58% from the previous day of trading, before settling in for the closing price of $105.35. IR’s price has ranged from $69.46 to $106.03 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 22.79% over the past five years. Meanwhile, its annual earnings per share averaged 11.53%. With a float of $402.19 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Ingersoll-Rand Inc is 0.20%, while institutional ownership is 101.09%. The most recent insider transaction that took place on Nov 05 ’24, was worth 246,621. In this transaction VP, Chief Accounting Officer of this company sold 2,531 shares at a rate of $97.44, taking the stock ownership to the 11,910 shares. Before that another transaction happened on Nov 05 ’24, when Company’s insider sold 24,234 for $95.08, making the entire transaction worth $2,304,241. This insider now owns 30,846 shares in total.
Ingersoll-Rand Inc (IR) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.86 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.61% 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
Here are Ingersoll-Rand Inc’s current performance indicators. According to the last quarter’s results, the 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 5.90. Likewise, its price to free cash flow for the trailing twelve months is 32.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.06, a number that is poised to hit 0.85 in the next quarter and is forecasted to reach 3.53 in one year’s time.
Technical Analysis of Ingersoll-Rand Inc (IR)
Ingersoll-Rand Inc (NYSE: IR) saw its 5-day average volume 2.15 million, a negative change from its year-to-date volume of 2.52 million. As of the previous 9 days, the stock’s Stochastic %D was 80.01%. Additionally, its Average True Range was 1.96.
During the past 100 days, Ingersoll-Rand Inc’s (IR) raw stochastic average was set at 94.22%, which indicates a significant increase from 79.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.76% in the past 14 days, which was lower than the 30.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.70, while its 200-day Moving Average is $93.82. Nevertheless, the first resistance level for the watch stands at $105.20 in the near term. At $105.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $106.14. If the price goes on to break the first support level at $104.26, it is likely to go to the next support level at $103.78. The third support level lies at $103.32 if the price breaches the second support level.
Ingersoll-Rand Inc (NYSE: IR) Key Stats
With a market capitalization of 42.21 billion, the company has a total of 403,012K Shares Outstanding. Currently, annual sales are 6,876 M while annual income is 778,700 K. The company’s previous quarter sales were 1,861 M while its latest quarter income was 221,600 K.
