IR stock: buy or sell?

IR stock price: $23.79 -4.07% At close on April 1st, 2020

Updated on:
April 1st, 2020

1

Shares of Ingersoll-Rand plc (Ireland) collapsed a hair-raising -4.07% and closed at $23.79. On March/24 IR rocketed an exceptional 12.99%.

Ingersoll-Rand plc designs, manufactures, sells, and services industrial and commercial products. It operates through Climate and Industrial segments.

Should I buy IR stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. 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 slide 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?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't detect any rating for IR stock for the last 30 days.

IR stock analysis

Daily outlook

Ingersoll-Rand plc (Ireland) shares collapsed -4.07% to $23.79 today.

Shares of Ingersoll-Rand plc (Ireland) collapsed a hair-raising -4.07% and closed at $23.79. For the last 30 days when IR stock price broke down the SMA200d line, it slid $-102.34 per share (-81.14%). Since SMA100d and SMA200d crossed up on February, IR price slid a -81.73%. On February 20th, IR hit a new all time high, pushing higher than on February tops. Check different trading setups that use ATHs as triggers.

IR stock chart (daily)

Weekly outlook

After boosting a super good 13.35% in a week last week, Ingersoll-Rand plc (Ireland) closed this week at $23.79 and rocketed a phenomenal 5.13%. By mid March IR plummed a chilling -17.29% in just one week.

Not so far away is the last price record Ingersoll-Rand plc (Ireland) marked by mid February, but since then it dropped a 83.43%. Since early March, when IR stock price broke down the 40-weeks moving avarage line, it slid $-102.34 per share (-81.14%). Stocks under the 40-weeks moving average line are usually not recommended for average traders. Since late January when SMA20w and SMA40w crossed up, IR price slipped $-107.11 per share (-81.83%).

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 a yearly average of inf%. If you had invested right after IR's IPO a $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 February 20th with a price of $143.54.

IR stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for Ingersoll-Rand plc (Ireland) stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, Ingersoll-Rand plc (Ireland) . 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 turnover climbed a phenomenal 10.36% to $15,668.20 M dollars from $14,197.60 marked in 2017. Nevertheless, its income margin (compared to sales) remained stable to 8.54%, that is $1,337.60 million.

To have an up to date picture of the financial situation of Ingersoll-Rand plc (Ireland), we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Ingersoll-Rand plc (Ireland) TTM sales up to March 2019 were $15,859.60 and earnings were $1,417.10 M USD. If we compare this TTM figures with the last reported annuality, we can review Ingersoll-Rand plc (Ireland) business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, appreciated a slightly good 1.22%. In line, profit margin (net income/sales) stayed steady 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) reported $3,575.90 million in revenues for 2019-Q1, a -8.19% decline compared to previous quarter. Reported quarter income marked $199.90 million with a profit margin of 5.59%. Profit margin stayed constant a -0.93% compared to previous quarter when profit margin was 6.52%. When comparing revenues to same quarter last year, Ingersoll-Rand plc (Ireland) sales marked a nice gain and rose 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 invest in shares of a company, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Ingersoll-Rand plc (Ireland), 0.30% of all outstanding shares are owned by its staff.

In case of Ingersoll-Rand plc (Ireland) stock, 53.48% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for IR stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

IR
Market cap$5.7 B
Total shares238.3 M
Float shares237.6 M
  - Institutional holdings (%)53.5%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

IR summary

Wednesday, April 1st, 2020
Open$23.94
Close$23.79
Day range$23.60 - $25.10
Previous close$24.80
Session gain-4.07%
Average true range$2.54
50d mov avg$84.15
100d mov avg$105.98
200d mov avg$101.98
Daily pattern
Weekly pattern

Ingersoll-Rand plc (Ireland) performance

To better understand Ingersoll-Rand plc (Ireland) performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Ingersoll-Rand plc (Ireland) against in the following table:
Stock3m6m12m
IR-81.72%-79.14%-77.23%

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.