Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Ingersoll-Rand fell $0.82 (-1.4%) to $55.70 on heavy volume. Throughout the day, 5,730,627 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2,419,700 shares. The stock ranged in price between $54.40-$56.16 after having opened the day at $56.09 as compared to the previous trading day's close of $56.52. Other companies within the Industrial industry that declined today were:
), down 11.0%,
), down 10.8%,
), down 8.7% and
), down 8.0%.
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Ingersoll-Rand plc, together with its subsidiaries, designs, manufactures, sells, and services a portfolio of industrial and commercial products in the United States and internationally. It operates through Climate and Industrial segments. Ingersoll-Rand has a market cap of $16.1 billion and is part of the industrial goods sector. Shares are down 8.2% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Ingersoll-Rand a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Ingersoll-Rand Ratings Report.
On the positive front,
), up 6.3%,
), up 5.3%,
), up 5.0% and
), up 4.4% , were all gainers within the industrial industry with
) being today's featured industrial industry leader.
- Use our industrial section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
) while those bearish on the industrial industry could consider
- Find other investment ideas from our top rated ETFs lists.