On Friday, Ingersoll-Rand Inc (NYSE: IR) was 2.18% up from the session before settling in for the closing price of $90.52. A 52-week range for IR has been $74.01 – $106.03.
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A company in the Industrials sector has jumped its sales by 30.69% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 11.47%. With a float of $402.20 million, this company’s outstanding shares have now reached $403.36 million.
In an organization with 18000 employees, it is important to assess its efficiency. 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
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 100.44%. 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
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 11.47% 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 5.32. Likewise, its price to free cash flow for the trailing twelve months is 29.11.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.63 million. That was inferior than the volume of 2.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 34.21%. Additionally, its Average True Range was 1.91.
During the past 100 days, Ingersoll-Rand Inc’s (IR) raw stochastic average was set at 34.08%, which indicates a significant increase from 24.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.36% in the past 14 days, which was higher than the 23.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.11, while its 200-day Moving Average is $94.78. However, in the short run, Ingersoll-Rand Inc’s stock first resistance to watch stands at $93.29. Second resistance stands at $94.09. The third major resistance level sits at $95.47. If the price goes on to break the first support level at $91.11, it is likely to go to the next support level at $89.73. The third support level lies at $88.93 if the price breaches the second support level.
Ingersoll-Rand Inc (NYSE: IR) Key Stats
There are 403,012K outstanding shares of the company, which has a market capitalization of 38.09 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.
