Ingersoll-Rand Inc (NYSE: IR) on Friday, plunged -1.01% from the previous trading day, before settling in for the closing price of $94.06. Within the past 52 weeks, IR’s price has moved between $78.61 and $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. The company achieved an average annual earnings per share of 11.50%. 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 Updates
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Ingersoll-Rand Inc is 0.20%, while institutional ownership is 100.57%. 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
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 8.70% 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
Ingersoll-Rand Inc (IR) is currently performing well based on its current performance indicators. A quick ratio of 1.71 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.24. Likewise, its price to free cash flow for the trailing twelve months is 28.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.06, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 3.46 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 2.34 million. That was inferior than the volume of 2.41 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 89.17%. Additionally, its Average True Range was 1.93.
During the past 100 days, Ingersoll-Rand Inc’s (IR) raw stochastic average was set at 37.10%, which indicates a significant decrease from 80.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.62% in the past 14 days, which was lower than the 24.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $97.34, while its 200-day Moving Average is $94.58. However, in the short run, Ingersoll-Rand Inc’s stock first resistance to watch stands at $93.85. Second resistance stands at $94.58. The third major resistance level sits at $95.08. If the price goes on to break the first support level at $92.61, it is likely to go to the next support level at $92.11. Assuming the price breaks the second support level, the third support level stands at $91.38.
Ingersoll-Rand Inc (NYSE: IR) Key Stats
Market capitalization of the company is 37.52 billion based on 403,012K outstanding shares. Right now, sales total 6,876 M and income totals 778,700 K. The company made 1,861 M in profit during its latest quarter, and 221,600 K in sales during its previous quarter.