Ingersoll Rand Inc. (NYSE:IR) went down by -1.71% from its latest closing price compared to the recent 1-year high of $52.12. The company’s stock price has collected -4.14% of loss in the last five trading sessions. Press Release reported on 06/01/21 that Ingersoll Rand Completes Sale of Club Car to Platinum Equity
Is It Worth Investing in Ingersoll Rand Inc. (NYSE :IR) Right Now?
Ingersoll Rand Inc. (NYSE:IR) scored a price-to-earnings ratio above its average ratio, recording 175.26 x from its present earnings ratio. Plus, the 36-month beta value for IR is at 1.52. Opinions of the stock are interesting as 7 analysts out of 15 who provided ratings for Ingersoll Rand Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $56.14, which is $7.87 above the current price. IR currently public float of 373.18M and currently shorts hold a 1.81% ratio of that float. Today, the average trading volume of IR was 2.17M shares.
IR’s Market Performance
IR stocks went down by -4.14% for the week, with a monthly drop of -4.89% and a quarterly performance of -2.65%, while its annual performance rate touched 44.06%. The volatility ratio for the week stands at 1.74% while the volatility levels for the past 30 days are set at 1.91% for Ingersoll Rand Inc.. The simple moving average for the period of the last 20 days is -2.22% for IR stocks with a simple moving average of 8.36% for the last 200 days.
Analysts’ Opinion of IR
Many brokerage firms have already submitted their reports for IR stocks, with Deutsche Bank repeating the rating for IR by listing it as a “Buy.” The predicted price for IR in the upcoming period, according to Deutsche Bank is $54 based on the research report published on May 20th of the current year 2021.
UBS, on the other hand, stated in their research note that they expect to see IR reach a price target of $58, previously predicting the price at $37. The rating they have provided for IR stocks is “Buy” according to the report published on January 15th, 2021.
Citigroup gave a rating of “Buy” to IR, setting the target price at $53 in the report published on December 14th of the previous year.
IR Trading at -3.91% from the 50-Day Moving Average
After a stumble in the market that brought IR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.54% of loss for the given period.
Volatility was left at 1.91%, however, over the last 30 days, the volatility rate increased by 1.74%, as shares sank -1.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.87% lower at present.
During the last 5 trading sessions, IR fell by -4.14%, which changed the moving average for the period of 200-days by +37.34% in comparison to the 20-day moving average, which settled at $48.73. In addition, Ingersoll Rand Inc. saw 4.63% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at IR starting from KKR Renaissance Aggregator L.P, who sale 14,924,081 shares at the price of $48.57 back on May 13. After this action, KKR Renaissance Aggregator L.P now owns 29,864,554 shares of Ingersoll Rand Inc., valued at $724,862,614 using the latest closing price.
KKR Group Partnership L.P., the 10% Owner of Ingersoll Rand Inc., sale 14,924,081 shares at $48.57 during a trade that took place back on May 13, which means that KKR Group Partnership L.P. is holding 29,864,554 shares at $724,862,614 based on the most recent closing price.
Stock Fundamentals for IR
Current profitability levels for the company are sitting at:
- +6.55 for the present operating margin
- +24.80 for the gross margin
The net margin for Ingersoll Rand Inc. stands at -0.68. The total capital return value is set at 3.83, while invested capital returns managed to touch -0.40. Equity return is now at value -1.00, with -0.60 for asset returns.
Based on Ingersoll Rand Inc. (IR), the company’s capital structure generated 44.50 points at debt to equity in total, while total debt to capital is 30.80. Total debt to assets is 25.27, with long-term debt to equity ratio resting at 43.43. Finally, the long-term debt to capital ratio is 30.06.
When we switch over and look at the enterprise to sales, we see a ratio of 4.04, with the company’s debt to enterprise value settled at 0.20. The receivables turnover for the company is 6.89 and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.58.