The stock of Ingersoll Rand Inc. (IR) has seen a -3.92% decrease in the past week, with a 7.81% gain in the past month, and a -0.17% decrease in the past quarter. The volatility ratio for the week is 2.33%, and the volatility levels for the past 30 days are at 2.31% for IR.. The simple moving average for the past 20 days is -1.11% for IR’s stock, with a 7.94% simple moving average for the past 200 days.
Is It Worth Investing in Ingersoll Rand Inc. (NYSE: IR) Right Now?
Ingersoll Rand Inc. (NYSE: IR) has a higher price-to-earnings ratio of 36.51x compared to its average ratio, and the 36-month beta value for IR is at 1.41. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 3 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for IR is $67.00, which is $7.69 above the current market price. The public float for IR is 404.13M, and currently, shorts hold a 1.39% of that float. The average trading volume for IR on May 26, 2023 was 2.51M shares.
IR) stock’s latest price update
Ingersoll Rand Inc. (NYSE: IR)’s stock price has gone rise by 1.18 in comparison to its previous close of 56.91, however, the company has experienced a -3.92% decrease in its stock price over the last five trading days. Barron’s reported on 11/25/22 that Ingersoll Rand Stock Looks Like a Long-Term Winner
IR Trading at 1.87% 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 -5.70% of loss for the given period.
Volatility was left at 2.31%, however, over the last 30 days, the volatility rate increased by 2.33%, as shares surge +1.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.79% upper at present.
During the last 5 trading sessions, IR fell by -3.92%, which changed the moving average for the period of 200-days by +16.21% in comparison to the 20-day moving average, which settled at $58.25. In addition, Ingersoll Rand Inc. saw 10.20% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IR starting from Reynal Vicente, who sale 25,000 shares at the price of $60.00 back on Mar 06. After this action, Reynal Vicente now owns 102,856 shares of Ingersoll Rand Inc., valued at $1,500,000 using the latest closing price.
Reynal Vicente, the of Ingersoll Rand Inc., sale 75,000 shares at $57.34 during a trade that took place back on Feb 23, which means that Reynal Vicente is holding 119,480 shares at $4,300,450 based on the most recent closing price.
Stock Fundamentals for IR
Current profitability levels for the company are sitting at:
- +14.87 for the present operating margin
- +33.43 for the gross margin
The net margin for Ingersoll Rand Inc. stands at +9.96. The total capital return value is set at 7.11, while invested capital returns managed to touch 4.82. Equity return is now at value 7.30, with 4.50 for asset returns.
Based on Ingersoll Rand Inc. (IR), the company’s capital structure generated 31.24 points at debt to equity in total, while total debt to capital is 23.80. Total debt to assets is 19.45, with long-term debt to equity ratio resting at 30.41. Finally, the long-term debt to capital ratio is 23.17.
When we switch over and look at the enterprise to sales, we see a ratio of 3.91, with the company’s debt to enterprise value settled at 0.13. The receivables turnover for the company is 5.71 and the total asset turnover is 0.40. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.37.
Conclusion
In conclusion, Ingersoll Rand Inc. (IR) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
