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

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Analyst price target for IR

Based on 7 analysts offering 12 month price targets for Ingersoll Rand Inc.
Min Forecast
$50.00+15.58%
Avg Forecast
$52.71+21.85%
Max Forecast
$55.00+27.14%

Should I buy or sell IR stock?

Based on 8 analysts offering ratings for Ingersoll Rand Inc.
Buy
Strong Buy
4 analysts 50%
Buy
0 analysts 0%
Hold
4 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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IR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 9%
92
Strong BuyMaintains$55.00+27.14%2022-08-08
Deutsche Bank
Bottom 12%
12
HoldDowngrades$52.00+20.20%2022-08-05
Jefferies
Bottom 24%
24
Strong BuyMaintains$55.00+27.14%2022-07-15
Barclays
Top 30%
71
Strong BuyMaintains$55.00+27.14%2022-07-08
Wells Fargo
Bottom 15%
15
Strong BuyMaintains$50.00+15.58%2022-06-29
Anonymous
Goldman Sachs
Strong BuyMaintains$50.00+15.58%2022-06-23
Credit Suisse
Top 13%
88
HoldMaintains$52.00+20.20%2022-05-06
Stifel Nicolaus
Top 19%
82
HoldMaintains$50.00+15.58%2022-04-18
Wolfe Research
Bottom 17%
17
HoldDowngradesN/AN/A2022-04-06

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Forecast return on equity

Is IR forecast to generate an efficient return?
Company
10.2%
Industry
34.83%
Market
121.74%
IR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is IR forecast to generate an efficient return on assets?
Company
6.29%
Industry
11.68%
IR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

IR earnings per share forecast

What is IR's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.13+32.3%
Avg 2 year Forecast
$2.24+39.13%
Avg 3 year Forecast
$1.94+20.5%
IR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

IR revenue forecast

What is IR's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$5.8B+4.42%
Avg 2 year Forecast
$5.9B+6.99%
Avg 3 year Forecast
$6.0B+9.1%
IR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

IR earnings growth forecast

How is IR forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
9.15%
Industry
11.13%
Market
16.88%
IR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
IR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
IR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

IR revenue growth forecast

How is IR forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
2.98%
Industry
4.91%
Market
8.59%
IR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
IR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

IR vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
IR$43.26$52.71+21.85%Buy
DOV$116.58$153.86+31.98%Buy
XYL$87.36$101.63+16.33%Hold
IEX$199.85$211.71+5.94%Buy
HWM$30.93$40.67+31.48%Strong Buy

Ingersoll Rand Stock Forecast FAQ

Is Ingersoll Rand Stock a good buy in 2022, according to Wall Street analysts?

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

Out of 8 analysts, 4 (50%) are recommending IR as a Strong Buy, 0 (0%) are recommending IR as a Buy, 4 (50%) are recommending IR as a Hold, 0 (0%) are recommending IR as a Sell, and 0 (0%) are recommending IR as a Strong Sell.

If you're new to stock investing, here's how to buy Ingersoll Rand stock.

What is IR's earnings growth forecast for 2022-2024?

(NYSE: IR) Ingersoll Rand's forecast annual earnings growth rate of 9.15% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 11.13%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Ingersoll Rand's earnings in 2022 is $661,200,000.On average, 3 Wall Street analysts forecast IR's earnings for 2022 to be $858,775,649, with the lowest IR earnings forecast at $850,712,028, and the highest IR earnings forecast at $866,839,270. On average, 3 Wall Street analysts forecast IR's earnings for 2023 to be $903,125,565, with the lowest IR earnings forecast at $790,234,870, and the highest IR earnings forecast at $979,729,966.

In 2024, IR is forecast to generate $782,171,249 in earnings, with the lowest earnings forecast at $782,171,249 and the highest earnings forecast at $782,171,249.

What is IR's revenue growth forecast for 2022-2024?

(NYSE: IR) Ingersoll Rand's forecast annual revenue growth rate of 2.98% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 4.91%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.59%.

Ingersoll Rand's revenue in 2022 is $5,520,700,000.On average, 4 Wall Street analysts forecast IR's revenue for 2022 to be $2,324,220,655,791, with the lowest IR revenue forecast at $2,310,848,349,706, and the highest IR revenue forecast at $2,330,789,684,736. On average, 4 Wall Street analysts forecast IR's revenue for 2023 to be $2,381,363,506,857, with the lowest IR revenue forecast at $2,259,184,729,190, and the highest IR revenue forecast at $2,438,164,863,570.

In 2024, IR is forecast to generate $2,428,374,014,806 in revenue, with the lowest revenue forecast at $2,267,853,121,894 and the highest revenue forecast at $2,544,157,131,382.

What is IR's forecast return on assets (ROA) for 2022-2025?

(NYSE: IR) forecast ROA is 6.29%, which is lower than the forecast US Specialty Industrial Machinery industry average of 11.68%.

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 $52.71, with the highest IR stock price forecast at $55.00 and the lowest IR stock price forecast at $50.00.

On average, Wall Street analysts predict that Ingersoll Rand's share price could reach $52.71 by Aug 8, 2023. The average Ingersoll Rand stock price prediction forecasts a potential upside of 21.85% from the current IR share price of $43.26.

What is IR's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: IR) Ingersoll Rand's current Earnings Per Share (EPS) is $1.61. On average, analysts forecast that IR's EPS will be $2.13 for 2022, with the lowest EPS forecast at $2.11, and the highest EPS forecast at $2.15. On average, analysts forecast that IR's EPS will be $2.24 for 2023, with the lowest EPS forecast at $1.96, and the highest EPS forecast at $2.43. In 2024, IR's EPS is forecast to hit $1.94 (min: $1.94, max: $1.94).

What is IR's forecast return on equity (ROE) for 2022-2025?

(NYSE: IR) forecast ROE is 10.2%, which is considered weak.
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