Assessing Ingersoll Rand: Insights From 4 Financial Analysts

In the last three months, 4 analysts have published ratings on Ingersoll Rand IR, offering a diverse range of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $82.5, a high estimate of $93.00, and a low estimate of $68.00. This current average has increased by 11.49% from the previous average price target of $74.00.

Decoding Analyst Ratings: A Detailed Look

A clear picture of Ingersoll Rand's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Ingersoll Rand. This insight gives a snapshot of analysts' perspectives on 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: Understanding forecasts, analysts offer estimates for Ingersoll Rand's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

For valuable insights into Ingersoll Rand's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Ingersoll Rand analyst ratings.

Discovering Ingersoll Rand: A Closer Look

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.

Unraveling the Financial Story of Ingersoll Rand

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

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 excels beyond industry benchmarks, reaching 11.98%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Ingersoll Rand's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.2%, the company may face hurdles in achieving optimal financial performance.

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 at 0.29, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.