Ingersoll Rand is a specialty industrial machinery company located in North Carolina, United States, which is part of the Industrials sector, and is traded under the ticker IR on the NYSE exchange.
Ingersoll Rand stock last closed at $92.03, down 0.51% from the previous day, and has increased 69.05% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.39 percentage points. Ingersoll Rand stock is currently +68.74% from its 52-week low of $54.54, and -4.3% from its 52-week high of $96.17.
As of Apr 25, 2024, there are 403.44M shares of IR outstanding. The market cap of IR is $37.13B. In the past 24 hours, 2.57M IR shares were traded.
You need a brokerage account to access the NYSE market and buy IR stock.
Based on our research, eToro is the best stock brokerage. eToro gives you:
Get $10 towards your purchase of stock by signing up for an account with eToro today.
Open eToro AccountNow that you've picked the best brokerage, you need to fill out some personal details so you can buy IR stock today.
Now that you've finished signing up on investing apps, you need to deposit funds:
Watch this video walkthrough for more details transferring money into your new investment account.
After you have chosen the best place to buy Ingersoll Rand stock, it's very important to research their stock before you invest, so you actually comprehend the risk and upside.
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on IR's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge IR's true value.
Using relative valuations methods:
You can access additional valuation research on IR's stock here.
Out of 8 Equities analysts who monitor IR, the consensus analyst rating on Ingersoll Rand is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Joe O'Dea, a top 18% analyst from Wells Fargo maintains IR with a strong buy rating and raises their IR price target from $83.00 to $100.00, on Feb 20, 2024.
Wells Fargo's Joe O'Dea raised their price target on Ingersoll Rand (NYSE: IR) by 20.5% from $83 to $100 on 2024/02/20. The analyst maintained their Strong Buy rating on the stock.
In an assessment of Ingersoll Rand's 2024/02/15-dated Q4 and FY 2023 earnings report, O'Dea acknowledged that the quarter's momentum helped boost management's initial 2024 EPS guidance above their expectations.
Wells Fargo believes that Ingersoll Rand's prospects for organic growth are modest but that positive annual surprises of 400+ bps to 500 bps from yearly M&A accretions are still on the horizon, the analyst told readers.
David Raso, a top 16% analyst from Evercore ISI Group downgrades IR to a hold rating and raises their IR price target from $81.00 to $89.00, on Feb 20, 2024.
Jonathan Sakraida, an analyst from CFRA maintains IR with a hold rating and raises their IR price target from $68.00 to $85.00, on Feb 16, 2024.
Markus Mittermaier, a top 8% analyst from UBS maintains IR with a strong buy rating and raises their IR price target from $78.00 to $93.00, on Jan 29, 2024.
You can dig deeper into what analysts are projecting on the Ingersoll Rand stock forecast page.
Last year, IR earnings were $778.70M. Over the last five year, IR's earnings have increased by 7.46% per year. This was faster than the Specialty Industrial Machinery industry average of -0.26%.
Last year, IR revenue was $6.88B. Over the past five year, IR's revenue has increased by 20.65% per year. This was faster than the Specialty Industrial Machinery industry average of 3.95%.
Dig into IR's earnings and revenue performance here.
Over the past 12 months, executives and large shareholders at IR have sold more shares than they have bought.
Santiago Arias Duval, Officer of IR, was the latest IR insider to sell. They sold $11,148.64 worth of IR shares on Mar 25, 2024.
Research more about who owns IR shares here.
Ingersoll Rand pays a dividend of 0.09%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.3%. If you owned $1,000 worth of IR stock, you would have received $0.87 last year.
Get more data about Ingersoll Rand dividend yield and history here.
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
There are two primary order types:
Click the Open button and eToro will place your order.
If you want more info about investing in stocks on eToro, watch the helpful video below:
Now that you own some shares in IR, you'll want to stay up-to-date on your company.
Put IR on a watchlist to get alerted to the latest events about your IR stock.
To reiterate, here are the 6 steps for buying Ingersoll Rand stock:
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your new investment in Ingersoll Rand, hit the button below to create your watchlist.