In the last three months, 7 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.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 2 | 3 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 2 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Ingersoll Rand, presenting an average target of $91.29, a high estimate of $100.00, and a low estimate of $83.00. Witnessing a positive shift, the current average has risen by 16.55% from the previous average price target of $78.33.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of Ingersoll Rand among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Andrew Buscaglia | Andrew Buscaglia | Announces | Neutral | $92.00 | - |
| Joe Ritchie | Goldman Sachs | Raises | Buy | $97.00 | $87.00 |
| Joe O'Dea | Wells Fargo | Raises | Overweight | $100.00 | $83.00 |
| David Raso | Evercore ISI Group | Raises | In-Line | $89.00 | $81.00 |
| 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 |
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: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Ingersoll Rand compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing 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 $6.9 billion in revenue in 2023.
Financial Insights: Ingersoll Rand
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Ingersoll Rand displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 12.18%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 12.62%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Ingersoll Rand's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.38%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Ingersoll Rand's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.5%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.28.
How Are Analyst Ratings Determined?
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 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.
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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