Key Considerations Before Investing in IR Stocks

By Chris Stiles • Wednesday, October 08 10:09 • Permanent Link

Ingersoll Rand logged a 0.4% change during today's morning session, and is now trading at a price of $81.7 per share. The S&P 500 index moved 0.0%. IR's trading volume is 225,356 compared to the stock's average volume of 3,351,868.

Ingersoll Rand trades -10.35% away from its average analyst target price of $91.13 per share. The 15 analysts following the stock have set target prices ranging from $78.0 to $104.0, and on average have given Ingersoll Rand a rating of buy.

Anyone interested in buying IR should be aware of the facts below:

Ingersoll Rand's current price is 140.0% above its Graham number of $34.04, which implies that at its current valuation it does not offer a margin of safety
Ingersoll Rand has moved -18.2% over the last year, and the S&P 500 logged a change of 15.9%
Based on its trailing earnings per share of 1.29, Ingersoll Rand has a trailing 12 month Price to Earnings (P/E) ratio of 63.3 while the S&P 500 average is 29.3
IR has a forward P/E ratio of 23.1 based on its forward 12 month price to earnings (EPS) of $3.54 per share
Its Price to Book (P/B) ratio is 3.22 compared to its sector average of 2.89
Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, and medical technologies services and solutions worldwide.
Based in Davidson, the company has 21,000 full time employees and a market cap of $32.47 Billion. Ingersoll Rand currently returns an annual dividend yield of 0.0%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.