) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 2.2%. By the end of trading, Ingersoll-Rand rose $2.42 (6%) to $42.42 on average volume. Throughout the day, 3.8 million shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 3.6 million shares. The stock ranged in a price between $40.32-$42.68 after having opened the day at $40.40 as compared to the previous trading day's close of $40. Other companies within the Industrial industry that increased today were:
), up 13.5%,
), up 10.1%,
), up 8.6%, and
), up 8.6%.
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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 $11.81 billion and is part of the
sector. The company has a P/E ratio of 28.7, above the average industrial industry P/E ratio of 16.2 and above the S&P 500 P/E ratio of 17.7. Shares are up 31.3% year to date as of the close of trading on Thursday. Currently there are nine analysts that rate Ingersoll-Rand a buy, one analyst rates 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.
- 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.