New Lifetime High Reached: Ingersoll-Rand (IR)
- IR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $198.5 million.
- IR has traded 2.8 million shares today.
- IR is trading at a new lifetime high.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in IR with the Ticky from Trade-Ideas. See the FREE profile for IR NOW at Trade-Ideas More details on IR: Ingersoll-Rand plc engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. The stock currently has a dividend yield of 1.2%. IR has a PE ratio of 25.1. Currently there are 4 analysts that rate Ingersoll-Rand a buy, no analysts rate it a sell, and 8 rate it a hold. The average volume for Ingersoll-Rand has been 1.9 million shares per day over the past 30 days. Ingersoll-Rand has a market cap of $19.5 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 1.52 and a short float of 0.9% with 0.90 days to cover. Shares are up 41.7% year to date as of the close of trading on Thursday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Ingersoll-Rand as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 21.6%. Since the same quarter one year prior, revenues slightly increased by 4.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- 35.72% is the gross profit margin for INGERSOLL-RAND PLC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 4.42% trails the industry average.
- Net operating cash flow has increased to $522.30 million or 21.49% when compared to the same quarter last year. Despite an increase in cash flow, INGERSOLL-RAND PLC's cash flow growth rate is still lower than the industry average growth rate of 33.93%.
- The current debt-to-equity ratio, 0.50, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.92 is somewhat weak and could be cause for future problems.
- Compared to its closing price of one year ago, IR's share price has jumped by 42.76%, exceeding the performance of the broader market during that same time frame. Looking ahead, the stock's sharp rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
- You can view the full Ingersoll-Rand Ratings Report.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Check Out Our Best Services for Investors
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.