Brokers Offer Predictions for Ingersoll Rand FY2025 Earnings

Ingersoll Rand Inc. (NYSE:IR) – Equities researchers at Zacks Research boosted their FY2025 earnings per share (EPS) estimates for shares of Ingersoll Rand in a report released on Friday, September 5th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $3.24 per share for the year, up from their previous forecast of $3.23. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.32 per share.

Ingersoll Rand (NYSE:IR) last issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.80. Ingersoll Rand had a return on equity of 12.12% and a net margin of 7.10%.The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same period in the previous year, the firm posted $0.83 EPS. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. Ingersoll Rand has set its FY 2025 guidance at 3.340-3.460 EPS.

Several other research firms have also recently commented on IR. Morgan Stanley lowered their target price on shares of Ingersoll Rand from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 13th. Citigroup reaffirmed a “buy” rating and issued a $104.00 target price (up from $91.00) on shares of Ingersoll Rand in a research note on Monday, July 14th. Robert W. Baird lifted their target price on shares of Ingersoll Rand from $97.00 to $103.00 and gave the stock an “outperform” rating in a research note on Monday, August 4th. Barclays lowered their target price on shares of Ingersoll Rand from $92.00 to $91.00 and set an “overweight” rating for the company in a research note on Monday, August 4th. Finally, Stifel Nicolaus set a $78.00 target price on shares of Ingersoll Rand and gave the stock a “hold” rating in a research note on Monday, August 4th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $97.75.

Ingersoll Rand Trading Down 1.0%

Shares of Ingersoll Rand stock opened at $79.57 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.29 and a quick ratio of 1.63. Ingersoll Rand has a 1 year low of $65.61 and a 1 year high of $106.03. The company has a market capitalization of $31.63 billion, a P/E ratio of 62.16, a P/E/G ratio of 4.55 and a beta of 1.40. The business has a 50 day moving average price of $82.34 and a 200 day moving average price of $80.58.

Ingersoll Rand Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Ingersoll Rand’s payout ratio is currently 6.25%.

Institutional Trading of Ingersoll Rand

Institutional investors have recently made changes to their positions in the stock. Compass Wealth Management LLC boosted its position in Ingersoll Rand by 62.8% during the 1st quarter. Compass Wealth Management LLC now owns 355 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 137 shares during the period. NewSquare Capital LLC boosted its position in Ingersoll Rand by 150.7% during the 2nd quarter. NewSquare Capital LLC now owns 341 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 205 shares during the period. Global Wealth Strategies & Associates boosted its position in Ingersoll Rand by 325.0% during the 1st quarter. Global Wealth Strategies & Associates now owns 374 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 286 shares during the period. Golden State Wealth Management LLC boosted its position in Ingersoll Rand by 190.9% during the 1st quarter. Golden State Wealth Management LLC now owns 477 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 313 shares during the period. Finally, Farmers & Merchants Investments Inc. boosted its position in Ingersoll Rand by 54.4% during the 1st quarter. Farmers & Merchants Investments Inc. now owns 488 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 172 shares during the period. 95.27% of the stock is owned by hedge funds and other institutional investors.

About Ingersoll Rand

Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.