Currently, there are 402.88M common shares owned by the public and among those 402.10M shares have been available to trade.
The company’s stock has a 5-day price change of 7.29% and -18.63% over the past three months. IR shares are trading -17.31% year to date (YTD), with the 12-month market performance down to -19.14% lower. It has a 12-month low price of $65.61 and touched a high of $106.03 over the same period. IR has an average intraday trading volume of 2.89 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.91%, -5.52%, and -18.23% respectively.
Institutional ownership of Ingersoll-Rand Inc (NYSE: IR) shares accounts for 100.91% of the company’s 402.88M shares outstanding.
It has a market capitalization of $30.15B and a beta (3y monthly) value of 1.42. The stock’s trailing 12-month PE ratio is 36.32, while the earnings-per-share (ttm) stands at $2.06. The company has a PEG of 5.32 and a Quick Ratio of 1.71 with the debt-to-equity ratio at 0.49. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.34% over the week and 4.69% over the month.
Earnings per share for the fiscal year are expected to increase by 2.92%, and 8.91% over the next financial year. EPS should shrink at an annualized rate of 6.83% over the next five years, compared to 22.01% over the past 5-year period.
Looking at the support for the IR, a number of firms have released research notes about the stock. Stifel stated their Hold rating for the stock in a research note on November 18, 2024, with the firm’s price target at $112-$107. UBS coverage for the Ingersoll-Rand Inc (IR) stock in a research note released on November 13, 2024 offered a Buy rating with a price target of $124. Morgan Stanley was of a view on September 06, 2024 that the stock is Equal-Weight, while Jefferies gave the stock Buy rating on June 21, 2024, issuing a price target of $110. Exane BNP Paribas on their part issued Neutral rating on March 12, 2024.
