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NYSE: IR
Ingersoll Rand Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for IR

Based on 7 analysts offering 12 month price targets for Ingersoll Rand Inc.
Min Forecast
$54.00-8.07%
Avg Forecast
$58.29-0.77%
Max Forecast
$62.00+5.55%

Should I buy or sell IR stock?

Based on 8 analysts offering ratings for Ingersoll Rand Inc.
Strong Buy
Strong Buy
6 analysts 75%
Buy
1 analysts 12.5%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

IR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Anonymous
Barclays
Strong BuyMaintains$70.00+19.17%2021-12-06
Credit Suisse
Top 2%
99
HoldMaintains$62.00+5.55%2021-11-19
Wells Fargo
Bottom 14%
14
Strong BuyUpgradesN/AN/A2021-11-19
Morgan Stanley
Top 7%
94
Strong BuyReinstates$60.00+2.15%2021-09-10
Wolfe Research
Bottom 22%
22
BuyUpgrades$61.00+3.85%2021-07-12
Goldman Sachs
Top 16%
85
Strong BuyUpgrades$59.00+0.44%2021-07-06
Vertical Research
Top 44%
57
Strong BuyUpgrades$54.00-8.07%2021-06-17
Deutsche Bank
Top 19%
82
Strong BuyUpgrades$54.00-8.07%2021-05-20
UBS
Top 15%
86
Strong BuyUpgrades$58.00-1.26%2021-01-15

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Forecast return on equity

Is IR forecast to generate an efficient return?
Company
N/A
Industry
22.37%
Market
37.06%

Forecast return on assets

Is IR forecast to generate an efficient return on assets?
Company
N/A
Industry
7.95%

IR earnings per share forecast

What is IR's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.74+64.15%
Avg 2 year Forecast
$2.11+99.06%
Avg 3 year Forecast
$0.83-21.7%
IR's earnings are forecast to grow at a rate of 10.04% per year, which is not exceptional
Forecast

IR revenue forecast

What is IR's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$5.2B-5.76%
Avg 2 year Forecast
$5.8B+5.58%
Avg 3 year Forecast
$6.1B+11.32%
IR's revenue is forecast to grow at a rate of 3.93% per year, which is not exceptional
Forecast

IR earnings growth forecast

How is IR forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
10.04%
Industry
9.8%
Market
14.37%
IR's earnings are forecast to grow faster (10.04% per year) than the US Specialty Industrial Machinery industry average (9.8%)
Forecast
IR's earnings are forecast to grow slower (10.04% per year) than the US market average (14.37%)
Forecast
IR's earnings are forecast to grow faster (10.04% per year) than the risk-free savings rate (1.4%)
Forecast

IR revenue growth forecast

How is IR forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
3.93%
Industry
5.67%
Market
10.03%
IR's revenues are forecast to grow slower (3.93% per year) than the US Specialty Industrial Machinery industry average (5.67%)
Forecast
IR's revenues are forecast to grow slower (3.93% per year) than the US market average (10.03%)
Forecast

Ingersoll Rand Stock Forecast FAQ

Is Ingersoll Rand Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: IR) stock is to Strong Buy IR stock.

Out of 8 analysts, 6 (75%) are recommending IR as a Strong Buy, 1 (12.5%) are recommending IR as a Buy, 1 (12.5%) are recommending IR as a Hold, 0 (0%) are recommending IR as a Sell, and 0 (0%) are recommending IR as a Strong Sell.

What is IR's earnings growth forecast for 2021-2023?

(NYSE: IR) Ingersoll Rand's forecast annual earnings growth rate of 10.04% is forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 9.8%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Ingersoll Rand's earnings in 2021 is $421,100,000.On average, 2 Wall Street analysts forecast IR's earnings for 2021 to be $709,197,248, with the lowest IR earnings forecast at $696,969,709, and the highest IR earnings forecast at $721,424,786. On average, 3 Wall Street analysts forecast IR's earnings for 2022 to be $860,003,559, with the lowest IR earnings forecast at $827,396,789, and the highest IR earnings forecast at $884,458,636.

In 2023, IR is forecast to generate $338,295,239 in earnings, with the lowest earnings forecast at $338,295,239 and the highest earnings forecast at $338,295,239.

What is IR's revenue growth forecast for 2021-2023?

(NYSE: IR) Ingersoll Rand's forecast annual revenue growth rate of 3.93% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 5.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Ingersoll Rand's revenue in 2021 is $5,484,600,000.On average, 4 Wall Street analysts forecast IR's revenue for 2021 to be $2,106,692,840,853, with the lowest IR revenue forecast at $2,084,143,221,475, and the highest IR revenue forecast at $2,122,672,196,076. On average, 4 Wall Street analysts forecast IR's revenue for 2022 to be $2,360,184,799,772, with the lowest IR revenue forecast at $2,280,109,909,175, and the highest IR revenue forecast at $2,419,014,749,375.

In 2023, IR is forecast to generate $2,488,581,293,170 in revenue, with the lowest revenue forecast at $2,404,912,321,350 and the highest revenue forecast at $2,581,641,014,750.

What is IR's forecast return on assets (ROA) for 2021-2024?

(NYSE: IR) forecast ROA is N/A, which is lower than the forecast US Specialty Industrial Machinery industry average of 7.95%.

What is IR's Price Target?

According to 7 Wall Street analysts that have issued a 1 year IR price target, the average IR price target is $58.29, with the highest IR stock price forecast at $62.00 and the lowest IR stock price forecast at $54.00.

On average, Wall Street analysts predict that Ingersoll Rand's share price could stay at $58.29 by Nov 19, 2022. The average Ingersoll Rand stock price prediction forecasts a potential downside of N/A from the current IR share price of $58.74.

What is IR's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: IR) Ingersoll Rand's current Earnings Per Share (EPS) is $1.06. On average, analysts forecast that IR's EPS will be $1.74 for 2021, with the lowest EPS forecast at $1.71, and the highest EPS forecast at $1.77. On average, analysts forecast that IR's EPS will be $2.11 for 2022, with the lowest EPS forecast at $2.03, and the highest EPS forecast at $2.17. In 2023, IR's EPS is forecast to hit $0.83 (min: $0.83, max: $0.83).

What is IR's forecast return on equity (ROE) for 2021-2024?

(NYSE: IR) forecast ROE is N/A, which is considered weak.
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