IR stock: buy or sell?

IR stock price: $133.92 0.78% At close on January 17th, 2020

Updated on:
January 17th, 2020

4

Shares of Ingersoll-Rand plc (Ireland) gained a tiny 0.78% and closed at $133.92. Counting January/17, it's been 3 green sessions in a row, adding $3.04 or 2.31%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean IR will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is IR a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-31Morgan Stanleyn/aOverweight
2019-7-31Credit Suisse Groupn/aOutperform
2019-7-30Cowenn/aBuy
2019-7-2Jefferies Financial GroupBuyHold
2019-5-1Wells Fargo & CoMarket PerformMarket Perform
2019-5-1KeyCorpn/aOverweight
2019-5-1Deutsche BankHoldBuy
2019-5-1Credit Suisse Groupn/aOutperform
2019-5-1BarclaysOverweightOverweight
2019-4-4Bank of AmericaNeutralBuy
2019-4-3BarclaysOverweightOverweight
2019-3-5Goldman Sachs GroupBuyConviction-Buy
2019-3-18Wells Fargo & CoOutperformMarket Perform
2019-3-13Deutsche Bankn/aHold

IR stock analysis

Daily outlook

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.

IR stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $129.30

How 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:
IR stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-31Morgan StanleyRaises Target$137.00$139.001.5%
2019-7-31Credit Suisse GroupRaises Target$138.00$140.001.4%
2019-7-30CowenReiteratesn/a$131.00-
2019-7-2Jefferies Financial GroupDowngradesn/a$140.00-
2019-5-1Wells Fargo & CoRaises Target$113.00$122.008%
2019-5-1KeyCorpReiterates$130.00$135.003.8%
2019-5-1Credit Suisse GroupReiterates$122.00$130.006.6%
2019-5-1BarclaysRaises Target$115.00$135.0017.4%
2019-4-3BarclaysRaises Target$111.00$115.003.6%
2019-3-5Goldman Sachs GroupUpgradesn/a$122.00-
2019-3-18Wells Fargo & CoDowngradesn/a$113.00-
(in average)$123.70$129.305.0%
The price target for Ingersoll-Rand plc (Ireland) stock is $129.30, moving in a range between $140.00 and $113.00. In average, analysts' outlook on IR price target is positive, improving the prediction by a 5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since 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.
IR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.36n/a
2017-Q32017-10-251.431.440.7%
2017-Q42018-01-311.031.02-1.0%
2018-Q12018-04-250.620.712.9%
2018-Q22018-07-251.721.857.6%
2018-Q32018-10-241.721.751.7%
2018-Q42019-01-301.281.323.1%
2019-Q12019-04-230.8n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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%.

IR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$12,350 M-$607 M4.9%-
2014$12,891 M4.38%$932 M7.2%53.54%
2015$13,301 M3.17%$665 M5.0%-28.67%
2016$13,509 M1.57%$1,476 M10.9%122.12%
2017$14,198 M5.10%$1,303 M9.2%-11.76%
2018$15,668 M10.36%$1,338 M8.5%2.69%
TTM $15,860 M1.22%$1,417 M8.9%5.94%

Quarterly financial results

Ingersoll-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.
IR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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 M28.75%$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) ownership

When 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:

IR
Market cap$31.9 B
Total shares238.3 M
Float shares238.8 M
  - Institutional holdings (%)84.7%
  - Insider holdings (%)0.4%
Shares in short selling0.0%

IR summary

Friday, January 17th, 2020
Open$133.27
Close$133.92
Day range$133.16 - $134.24
Previous close$132.89
Session gain0.78%
Average true range$1.53
50d mov avg$131.30
100d mov avg$125.84
200d mov avg$122.73
Daily pattern
Weekly pattern lt06a

Ingersoll-Rand plc (Ireland) performance

Stocks 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.
Stock3m6m12m
IR14.64%8.32%41.85%

Ingersoll-Rand plc (Ireland) competitors

Unfortunately, we could not find any public company that could be defined as Ingersoll-Rand plc (Ireland) competitor. This doesn't mean Ingersoll-Rand plc (Ireland) does not have any competitor in the market, it's just we could not detected it.