The stock of Ingersoll-Rand Inc (NYSE:IR) last traded at $74.86, up 0.08% from the previous session.
IR stock price is now -5.18% away from the 50-day moving average and -18.07% away from the 200-day moving average. The market capitalization of the company currently stands at $30.17B.
With the price target reduced from $112 to $107, Stifel Downgraded its rating from Buy to Hold for Ingersoll-Rand Inc (NYSE: IR). , while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Schiesl Andrew R, insider sold 13,228 shares of the company’s stock on Feb 18 ’25. The stock was sold for $1,151,497 at an average price of $87.05. Upon completion of the transaction, the insider now directly owns 30,846 shares in the company, valued at $2.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 18 ’25, Officer Schiesl Andrew R bought 13,228 shares of the business’s stock. A total of $1,151,495 was incurred on buying the stock at an average price of $87.05. A total of 0.24% of the company’s stock is owned by insiders.
During the past 12 months, Ingersoll-Rand Inc has had a low of $65.61 and a high of $106.03. As of last week, the company has a debt-to-equity ratio of 0.49, a current ratio of 2.29, and a quick ratio of 1.71. According to the stock market information, the enterprise value for the company is $33668612096, which is based on a 36.35 price-to-earnings ratio, a 5.33 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for IR is $78.9514 and a two-hundred day moving average price translates $91.3699 for the stock.
The latest earnings results from Ingersoll-Rand Inc (NYSE: IR) was released for 2024-12-31. The net profit margin was 11.59% and return on equity was 8.40% for IR. The company reported revenue of $1.9 billion for the quarter, compared to $1.82 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.24 percent. For the current quarter, analysts expect IR to generate $1.73B in revenue.
