Ingersoll-Rand PLC (IR): Today's Featured Industrial Loser
(
) pushed the Industrial industry lower today making it today's featured Industrial loser. The industry as a whole closed the day down 0.5%. By the end of trading, Ingersoll-Rand fell 49 cents (-1.1%) to $42.16 on light volume. Throughout the day, 2.2 million shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of four million shares. The stock ranged in price between $42.07-$42.76 after having opened the day at $42.70 as compared to the previous trading day's close of $42.65. Other company's within the Industrial industry that declined today were:
Wowjoint Holdings
(
BWOW
), down 13.2%,
(
), down 11.1%,
(
), down 4.6%, and
TheStreet Recommends
(
), down 4.2%.
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 $12.73 billion and is part of the
sector. The company has a P/E ratio of 25.1, below the average industrial industry P/E ratio of 27.7 and above the S&P 500 P/E ratio of 17.7. Shares are up 40% year to date as of the close of trading on Thursday. 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
. 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,
(
), up 9.5%,
(
), up 9.1%,
Hollysys Automation Technologies
(
), up 5%, and
(
), up 5%, were all gainers within the industrial industry with
(
) 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
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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