In the latest quarter, 4 analysts provided ratings for Ingersoll Rand IR, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 1 | 1 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Ingersoll Rand, revealing an average target of $86.75, a high estimate of $93.00, and a low estimate of $83.00. Observing a 16.44% increase, the current average has risen from the previous average price target of $74.50.
Exploring Analyst Ratings: An In-Depth Overview
A comprehensive examination of how financial experts perceive Ingersoll Rand is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jonathan Sakraida | CFRA | Raises | Hold | $85.00 | $68.00 |
| Markus Mittermaier | UBS | Raises | Buy | $93.00 | $78.00 |
| Joe O'Dea | Wells Fargo | Raises | Overweight | $83.00 | $73.00 |
| Andrew Kaplowitz | Citigroup | Raises | Buy | $86.00 | $79.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Ingersoll Rand. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey 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.
About Ingersoll Rand
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.
Ingersoll Rand: Delving into Financials
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and 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. As compared to competitors, the company surpassed expectations 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 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: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.29.
Analyst Ratings: What Are They?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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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