A look at Ingersoll-Rand Inc’s (IR) recent performance gives investors their first glimpse of hope.

On Tuesday, Ingersoll-Rand Inc (NYSE: IR) opened lower -2.30% from the last session, before settling in for the closing price of $99.85. Price fluctuations for IR have ranged from $74.01 to $106.03 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Industrials Sector giant was 22.79%. Company’s average yearly earnings per share was noted 11.50% at the time writing. With a float of $402.20 million, this company’s outstanding shares have now reached $403.36 million.

Let’s determine the extent of company efficiency that accounts 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 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 0.20%, while institutional ownership is 100.42%. 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) Earnings and Forecasts

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 11.50% 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

Check out the current performance indicators for Ingersoll-Rand Inc (IR). In the past 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 5.49. Likewise, its price to free cash flow for the trailing twelve months is 30.04.

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)

Looking closely at Ingersoll-Rand Inc (NYSE: IR), its last 5-days average volume was 1.89 million, which is a drop from its year-to-date volume of 2.47 million. As of the previous 9 days, the stock’s Stochastic %D was 4.48%. Additionally, its Average True Range was 1.73.

During the past 100 days, Ingersoll-Rand Inc’s (IR) raw stochastic average was set at 61.99%, which indicates a significant increase from 3.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.17% in the past 14 days, which was lower than the 28.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $100.97, while its 200-day Moving Average is $94.73. However, in the short run, Ingersoll-Rand Inc’s stock first resistance to watch stands at $99.05. Second resistance stands at $100.56. The third major resistance level sits at $101.44. If the price goes on to break the first support level at $96.66, it is likely to go to the next support level at $95.78. Should the price break the second support level, the third support level stands at $94.27.

Ingersoll-Rand Inc (NYSE: IR) Key Stats

There are currently 403,012K shares outstanding in the company with a market cap of 39.31 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 1,861 M and its income totaled 221,600 K.