Ingersoll-Rand PLC (IR): Today's Featured Industrial Loser

Ingersoll-Rand ( IR) pushed the Industrial industry lower today making it today's featured Industrial loser. The industry as a whole closed the day down 2.6%. By the end of trading, Ingersoll-Rand fell $1.21 (-3.7%) to $31.13 on average volume. Throughout the day, 5.7 million shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 7.1 million shares. The stock ranged in price between $31.01-$31.84 after having opened the day at $31.64 as compared to the previous trading day's close of $32.34. Other company's within the Industrial industry that declined today were: Mueller Water Products Inc ( MWA), down 10.7%, Omega Flex Inc ( OFLX), down 10.7%, Skullcandy Inc ( SKUL), down 9.8%, and Exide Technologies Inc ( XIDE), down 9.1%.

Ingersoll-Rand Plc engages in the design, manufacture, sale, and service of a portfolio of industrial and commercial products in the United States and internationally. Ingersoll-Rand has a market cap of $9.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 11.4, below the average industrial industry P/E ratio of 32.5 and below the S&P 500 P/E ratio of 17.7. Shares are down 33.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Ingersoll-Rand as a hold. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins.

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 ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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