On Friday, Ingersoll-Rand Inc (NYSE: IR) was 0.12% up from the session before settling in for the closing price of $104.05. A 52-week range for IR has been $69.46 – $106.03.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 22.79%. When this article was written, the company’s average yearly earnings per share was at 11.53%. With a float of $402.19 million, this company’s outstanding shares have now reached $403.35 million.
The extent of productivity of a business whose workforce counts for 18000 workers is very important to gauge. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ingersoll-Rand Inc stocks. The insider ownership of Ingersoll-Rand Inc is 0.20%, while institutional ownership is 100.39%. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.86 earnings per share (EPS) during the time that was better than consensus figure (set at 0.77) by 0.09. 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
You can see what Ingersoll-Rand Inc (IR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.87. Likewise, its price to free cash flow for the trailing twelve months is 32.12.
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)
The latest stats from [Ingersoll-Rand Inc, IR] show that its last 5-days average volume of 1.73 million was inferior to 2.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 68.66%. Additionally, its Average True Range was 1.87.
During the past 100 days, Ingersoll-Rand Inc’s (IR) raw stochastic average was set at 91.66%, which indicates a significant increase from 69.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.40% in the past 14 days, which was lower than the 29.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $100.04, while its 200-day Moving Average is $94.00. Now, the first resistance to watch is $104.62. This is followed by the second major resistance level at $105.07. The third major resistance level sits at $105.59. If the price goes on to break the first support level at $103.65, it is likely to go to the next support level at $103.14. Assuming the price breaks the second support level, the third support level stands at $102.69.
Ingersoll-Rand Inc (NYSE: IR) Key Stats
There are 403,012K outstanding shares of the company, which has a market capitalization of 42.03 billion. As of now, sales total 6,876 M while income totals 778,700 K. Its latest quarter income was 1,861 M while its last quarter net income were 221,600 K.
