Ingersoll-Rand PLC (IR): Today's Featured Industrial Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
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(
) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Ingersoll-Rand fell 69 cents (-1.5%) to $45.86 on average volume. Throughout the day, 2.6 million shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in price between $45.81-$46.71 after having opened the day at $46.36 as compared to the previous trading day's close of $46.55. Other companies within the Industrial industry that declined today were:
(
), down 24.1%,
(
), down 19.2%,
(
), down 9.5%, and
(
), down 8.1%.
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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 $14.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 14.3, below the S&P 500 P/E ratio of 17.7. Shares are up 53.7% year to date as of the close of trading on Thursday. Currently there are six analysts that rate Ingersoll-Rand a buy, one analyst rates it a sell, and nine rate it a hold.
TheStreet Ratings rates Ingersoll-Rand as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Ingersoll-Rand Ratings Report.
On the positive front,
Hallwood Group
(
HWG
), up 68.6%,
Renewable Energy Trade Board
(
EBOD
), up 11.7%,
(
), up 8.7%, and
(
), up 7.4%, were all gainers within the industrial industry with
(
) being today's featured industrial industry leader.
- 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
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!
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