Explore what analysts are saying about Ingersoll Rand IR based on recent ratings:
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 1 | 1 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 0 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Discover the 12-month price targets set by 4 analysts for Ingersoll Rand in the last quarter. The average target is $77.5, with a high estimate of $86.00 and a low estimate of $68.00.
Review how 4 analysts assessed Ingersoll Rand in the last 3 months. A higher number of bullish ratings suggests a positive analyst sentiment, while bearish ratings indicate a negative outlook.
Marking an increase of 6.65%, the current average surpasses the previous average price target of $72.67.
Investigating Analyst Ratings: An Elaborate Study
Explore the sentiments of financial experts and analysts through a comprehensive breakdown of their recent evaluations for Ingersoll Rand. Our Ratings Table below offers a detailed overview of the actions taken by key analysts, their current ratings, and price targets. Understanding how these experts perceive the company can provide valuable insights into potential market trends and investor sentiment.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Joe O'Dea | Wells Fargo | Raises | Overweight | $83.00 | $73.00 |
Andrew Kaplowitz | Citigroup | Raises | Buy | $86.00 | $79.00 |
Jonathan Sakraida | CFRA | Raises | Hold | $68.00 | $66.00 |
Nathan Jones | Stifel | Announces | Buy | $73.00 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ingersoll Rand. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Ingersoll Rand compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Ingersoll Rand's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Ingersoll Rand's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Ingersoll Rand analyst ratings.
Get to Know Ingersoll Rand Better
Ingersoll Rand was formed through the merger of Gardner Denver and Ingersoll Rand's industrial segment. The firm's portfolio consists of two business lines: industrial technologies and services and precision and science technologies. Ingersoll Rand serves a variety of end markets, including industrial, medical, and energy. Its broad portfolio of products includes compression, blower and vacuum, and fluid management. Ingersoll Rand generated roughly $5.9 billion in revenue in 2022.
Breaking Down Ingersoll Rand's Financial Performance
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Ingersoll Rand's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 14.73%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Ingersoll Rand's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 11.98%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Ingersoll Rand's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.2%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Ingersoll Rand's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.38%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Ingersoll Rand's debt-to-equity ratio is below the industry average. With a ratio of 0.29, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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