News headlines about Ingersoll-Rand PLC (Ireland) (NYSE:IR) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ingersoll-Rand PLC (Ireland) earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 45.8476613606583 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Ingersoll-Rand PLC (NYSE:IR) traded down $0.54 during trading on Tuesday, hitting $84.58. The stock had a trading volume of 2,005,680 shares, compared to its average volume of 1,727,797. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.24 and a quick ratio of 0.89. The firm has a market cap of $21,541.11, a PE ratio of 19.86, a price-to-earnings-growth ratio of 2.08 and a beta of 1.35. Ingersoll-Rand PLC has a 52-week low of $74.35 and a 52-week high of $96.23.
Ingersoll-Rand PLC (Ireland) (NYSE:IR) last posted its quarterly earnings data on Wednesday, October 25th. The industrial products company reported $1.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.43 by $0.01. The firm had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.71 billion. Ingersoll-Rand PLC (Ireland) had a return on equity of 16.65% and a net margin of 7.47%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.41 EPS. equities research analysts forecast that Ingersoll-Rand PLC will post 4.51 EPS for the current year.
Several analysts have issued reports on the company. ValuEngine cut Ingersoll-Rand PLC (Ireland) from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Zacks Investment Research raised Ingersoll-Rand PLC (Ireland) from a “sell” rating to a “hold” rating in a research report on Monday, October 2nd. KeyCorp reaffirmed a “hold” rating on shares of Ingersoll-Rand PLC (Ireland) in a research report on Sunday, November 19th. Jefferies Group reaffirmed a “buy” rating and set a $105.00 target price on shares of Ingersoll-Rand PLC (Ireland) in a research report on Tuesday, September 12th. Finally, Robert W. Baird set a $98.00 target price on Ingersoll-Rand PLC (Ireland) and gave the company a “hold” rating in a research report on Thursday, August 24th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the company’s stock. Ingersoll-Rand PLC (Ireland) currently has a consensus rating of “Hold” and an average price target of $99.18.
In related news, insider Marcia J. Avedon sold 10,460 shares of the firm’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $94.00, for a total value of $983,240.00. Following the completion of the transaction, the insider now owns 111,637 shares in the company, valued at approximately $10,493,878. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Paul A. Camuti sold 14,097 shares of the firm’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $95.00, for a total value of $1,339,215.00. Following the completion of the transaction, the senior vice president now owns 66,439 shares of the company’s stock, valued at approximately $6,311,705. The disclosure for this sale can be found here. 0.63% of the stock is owned by company insiders.
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Ingersoll-Rand PLC (Ireland) Company Profile
Ingersoll-Rand Public Limited Company provides products, services and solutions to improve the quality and comfort of air in homes and buildings, transport and protect food and perishables. The Company’s business segments include Climate and Industrial. It is engaged in the design, manufacture, sale and service of a portfolio of industrial and commercial products that include brand names, such as Ingersoll-Rand, Trane, American Standard, ARO and Club Car.
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