As of Friday close, Ingersoll Rand Inc.’s (NYSE:IR) stock was up $0.72, moving up 1.68 percent to $43.65. The average number of shares traded per day over the past five days has been 3,198,340 shares. 4 times new highs have been achieved over the past 5 days, with a -$0.15 fall in that time frame. In the last twenty days, the average volume was 2,599,580, while in the previous 50 days, it was 2,890,204.
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Since last month, IR stock retreated -7.78%. Shares of the company fell to $41.60 on 05/10/22, the lowest level in the past month. A 52-week high of $62.64 was reached on 01/03/22 after having rallying from a 52-week low of $41.60. Since the beginning of this year, IR’s stock price has dropped by -29.45% or -$18.22, and marked a new high 1 time. However, the stock has declined by -30.32% since its 52-week high.
Ingersoll Rand Inc. (IR) last reported insider trading activity 68 days ago on Mar 07. Abbaszadeh Sia, the of the company, disposed of 50,000 shares for $45.69 on Mar 07. It resulted in a $2,284,340 divestment by the insider. Kendall-Jones Nicholas J sold 6,000 shares at an average price of $50.88 on Mar 02. The insider now owns 6,729 shares following the transaction. On Feb 25, Schiesl Andrew R sold 33,105 shares at $50.09 apiece. The transaction was valued at $1,658,203.
Right now, Ingersoll Rand Inc. (IR) has a P/E ratio of about 34.05. The stock’s beta is 1.48. Besides these, the trailing price-to-sales (P/S) ratio of 3.44, the price-to-book (PB) ratio of 1.98, and the price-to-cash flow ratio of 24.97 may also be considered.
The latest dividend of $0.02 per share was paid out, remained unchanged from last year’s $0.02. On Tuesday October 26 2021, a $0.51 dividend decrease was announced.
In the three months ended March 30, Ingersoll Rand Inc.’s quick ratio stood at 2.20, while its current ratio was 2.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.38, and the total debt-to-equity ratio was 0.38. On the profitability front, the trailing twelve-month gross margin is 38.50% percent. In the year ended March 30, operating margins totaled 9.90%. Based on annual data, IR earned $1.99 billion in gross profit and brought in $5.15 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.60%. Return on equity (ROE) for the past 12 months was 2.40%.
In Ingersoll Rand Inc.’s quarter-end financial report for March 30, it reported total debt of $3.38 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. IR’s revenue fell -2.45% to $1.18 billion during the quarter, while net income inched up to $1.34 billion. While analysts expected Ingersoll Rand Inc. to report $0.45 quarterly earnings, the actual figure was $0.49 per share, beating the consensus estimate by 8.90%. During the quarter, the company generated $265.5 million in EBITDA. The liabilities of Ingersoll Rand Inc. were 6.04 billion at the end of its most recent quarter ended March 30, and its total debt was $3.54 billion. The value of shareholders’ equity is $405.93 million.
This quick technical analysis looks at Ingersoll Rand Inc.’s (IR) price momentum. With a historical volatility rate of 37.81%, the RSI 9-day stood at 43.19% on 13 May.
With respect to its five-day moving average, the current Ingersoll Rand Inc. price is down by -0.34% percent or -$0.15. At present, IR shares trade -6.01% below its 20-day simple moving average and -24.57% percent below its 100-day simple moving average. However, the stock is currently trading approximately -12.16% below its SMA50 and -9.40% below its SMA200.
Stochastic coefficient K was 20.65% and Stochastic coefficient D was 14.78%, while ATR was 1.89. Given the Stochastic reading of 28.47% for the 14-day period, the RSI (14) reading has been calculated as 41.83%. As of today, the MACD Oscillator reading stands at -0.96, while the 14-day reading stands at -1.06.
Ingersoll Rand Inc. downgraded its rating on Ingersoll Rand Inc. (NYSE: IR) to a Peer perform in a note to investors on April 06, 2022. The analysts firm previously had an Outperform rating on the stock.Ingersoll Rand Inc. (IR) has been rated Overweight by analysts. According to 0 brokerage firms , IR is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Ingersoll Rand Inc. stock as buy, with 9 recommending it as overweight.
With a median target price of $56.00, the current consensus forecast for the stock is $49.00 – $78.00. Based on these forecasts, analysts predict Ingersoll Rand Inc. (IR) will achieve an average price target of $57.13.