IR stock: buy or sell?
January 17th, 2020
Ingersoll-Rand plc designs, manufactures, sells, and services industrial and commercial products. It operates through Climate and Industrial segments.
Should I buy IR stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Ingersoll-Rand plc (Ireland) stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Ingersoll-Rand plc (Ireland) stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 14 ratings published for IR stock in the last month. The general sentiment of these ratings is bullish for IR stock, with 9 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-31||Credit Suisse Group||n/a||Outperform|
|2019-7-2||Jefferies Financial Group||Buy||Hold|
|2019-5-1||Wells Fargo & Co||Market Perform||Market Perform|
|2019-5-1||Credit Suisse Group||n/a||Outperform|
|2019-4-4||Bank of America||Neutral||Buy|
|2019-3-5||Goldman Sachs Group||Buy||Conviction-Buy|
|2019-3-18||Wells Fargo & Co||Outperform||Market Perform|
IR stock analysis
Ingersoll-Rand plc (Ireland) shares gained 0.78% to $133.92 on January 17th.
Shares of Ingersoll-Rand plc (Ireland) ended on January 17th at $133.92 and gained a tiny 0.78%. On October IR price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since last November when SMA50d and SMA100d crossed up, IR price gained $4.02 per share (3.09%). On December/20, IR hit a new all time high, pushing higher than on December/12 tops. Check different trading setups that use ATHs as triggers.
Ingersoll-Rand plc (Ireland) closed this week at $133.92 and raised a fine 2.09%.
In a weekly time frame, Ingersoll-Rand plc (Ireland) stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, IR might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last all-time high Ingersoll-Rand plc (Ireland) marked by mid December 2019. Late January 2019 IR price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Early November, SMA10w and SMA20w crossed up triggering a rise of 4.35%.
IR stock price history
IR stock went public on March 17th, 1980 with a price of $0.001. Since then, IR stock grew a inf%, with an average of inf% per year. If you had invested $1,000 in IR stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
IR stock historical price chart
IR stock reached all-time highs on Dec 20th with a price of $138.33.
IR stock price target is $129.30How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 11 price predictions for Ingersoll-Rand plc (Ireland) stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-31||Morgan Stanley||Raises Target||$137.00||$139.00||1.5%|
|2019-7-31||Credit Suisse Group||Raises Target||$138.00||$140.00||1.4%|
|2019-7-2||Jefferies Financial Group||Downgrades||n/a||$140.00||-|
|2019-5-1||Wells Fargo & Co||Raises Target||$113.00||$122.00||8%|
|2019-5-1||Credit Suisse Group||Reiterates||$122.00||$130.00||6.6%|
|2019-3-5||Goldman Sachs Group||Upgrades||n/a||$122.00||-|
|2019-3-18||Wells Fargo & Co||Downgrades||n/a||$113.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last April, when Ingersoll-Rand plc (Ireland) published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Ingersoll-Rand plc (Ireland) annual sales skyrocketed a great 10.36% to $15,668.20 M USD from $14,197.60 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) stayed steady a -0.64% to 8.54%. Ingersoll-Rand plc (Ireland) presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Ingersoll-Rand plc (Ireland) TTM sales up to March 2019 were $15,859.60 and earnings $1,417.10 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Ingersoll-Rand plc (Ireland) business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, appreciated a tiny 1.22%. Aligned with this, profit margin (net income/revenues) remained stable at 8.54%.
|2013||$12,350 M||-||$607 M4.9%||-|
|2014||$12,891 M||4.38%||$932 M7.2%||53.54%|
|2015||$13,301 M||3.17%||$665 M5.0%||-28.67%|
|2016||$13,509 M||1.57%||$1,476 M10.9%||122.12%|
|2017||$14,198 M||5.10%||$1,303 M9.2%||-11.76%|
|2018||$15,668 M||10.36%||$1,338 M8.5%||2.69%|
|TTM||$15,860 M||1.22%||$1,417 M8.9%||5.94%|
Quarterly financial resultsIngersoll-Rand plc (Ireland) posted $3,575.90 M in sales for 2019-Q1, a -8.19% less compared to previous quarter. Reported quarter income marked $199.90 M with a profit margin of 5.59%. Profit margin remained stable a -0.93% compared to previous quarter when profit margin was 6.52%. When comparing turnover to same quarter last year, Ingersoll-Rand plc (Ireland) sales marked a beatiful gain and soared a 5.66%. Looking back to recent quarterly results, Ingersoll-Rand plc (Ireland) posted 3 positive quarters in a row.
|2017-Q2||$3,910 M||-||$350 M9.0%||-|
|2017-Q3||$3,670 M||-6.14%||$363 M9.9%||3.71%|
|2017-Q4||$3,618 M||-1.41%||$460 M12.7%||26.59%|
|2018-Q1||$3,385 M||-6.46%||$120 M3.6%||-73.82%|
|2018-Q2||$4,358 M||28.75%||$448 M10.3%||272.18%|
|2018-Q3||$4,031 M||-7.50%||$515 M12.8%||14.95%|
|2018-Q4||$3,895 M||-3.37%||$254 M6.5%||-50.69%|
|2019-Q1||$3,576 M||-8.19%||$200 M5.6%||-21.30%|
Ingersoll-Rand plc (Ireland) ownershipWhen you are planning to buy shares of a company, it's always worth to overview its ownership structure.
Ingersoll-Rand plc (Ireland) shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.41% of all shares.
Bearish positions for IR stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$31.9 B|
|Total shares||238.3 M|
|Float shares||238.8 M|
|- Institutional holdings (%)||84.7%|
|- Insider holdings (%)||0.4%|
|Shares in short selling||0.0%|
|Friday, January 17th, 2020|
|Day range||$133.16 - $134.24|
|Average true range||$1.53|
|50d mov avg||$131.30|
|100d mov avg||$125.84|
|200d mov avg||$122.73|
Ingersoll-Rand plc (Ireland) performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose as the bechmarking frame for Ingersoll-Rand plc (Ireland) stock.