Ingersoll-Rand PLC (IR): Today's Featured Industrial Loser

Ingersoll-Rand (IR) pushed the Industrial industry lower today making it today's featured Industrial loser. The industry as a whole closed the day down 2.6%. By the end of trading, Ingersoll-Rand fell $1.47 (-3.5%) to $40.67 on average volume. Throughout the day, 3.9 million shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 4.1 million shares. The stock ranged in price between $40.63-$42.25 after having opened the day at $42.15 as compared to the previous trading day's close of $42.14. Other company's within the Industrial industry that declined today were: Manitex International (MNTX), down 13.3%, Fuelcell Energy (FCEL), down 12.7%, Clean Diesel Technologies (CDTI), down 12.2%, and THT Heat Transfer Technology (THTI), down 11.2%.

Ingersoll-Rand Public Limited Company engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. Ingersoll-Rand has a market cap of $12.78 billion and is part of the industrial goods sector. The company has a P/E ratio of 25.2, below the average industrial industry P/E ratio of 27.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 38.3% year to date as of the close of trading on Wednesday. Currently there are nine analysts that rate Ingersoll-Rand a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Ingersoll-Rand as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

• You can view the full Ingersoll-Rand Ratings Report.

On the positive front, UQM Technologies (UQM), up 6.4%, ZBB Energy Corporation (ZBB), up 5.5%, Ecotality (ECTY), up 4.6%, and CUI Global (CUI), up 4.4%, were all gainers within the industrial industry with Precision Castparts (PCP) being today's featured industrial industry winner.

• Use our industrial section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average (DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials (SIJ).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Ingersoll-Rand PLC click any of the following:

• Ingersoll-Rand PLC Stock Price

• Ingersoll-Rand PLC Analyst Ratings

• Ingersoll-Rand PLC Key Stats & Profile

• Ingersoll-Rand PLC Earnings

• Ingersoll-Rand PLC Ratio Comparison

• Ingersoll-Rand PLC Growth Rates

• Ingersoll-Rand PLC Balance Sheet

• Ingersoll-Rand PLC Cash Flow

• Ingersoll-Rand PLC Income Statement