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

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.

Ingersoll-Rand ( IR) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.4%. By the end of trading, Ingersoll-Rand rose 81 cents (1.7%) to $47.25 on average volume. Throughout the day, 2.1 million shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in a price between $46.18-$47.25 after having opened the day at $46.28 as compared to the previous trading day's close of $46.44. Other companies within the Industrial industry that increased today were: Cleantech Solutions International ( CLNT), up 24.1%, Daktronics ( DAKT), up 15.4%, Ecotality ( ECTY), up 14.7%, and Energy Recovery ( ERII), up 10.8%.
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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 $13.63 billion and is part of the industrial goods sector. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are up 48.6% year to date as of the close of trading on Monday. 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 buy. 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.

On the negative front, China Valves Technology ( CVVT), down 14.8%, Intellicheck Mobilisa ( IDN), down 9.7%, Highpower International ( HPJ), down 7.9%, and Plug Power ( PLUG), down 6.8%, were all laggards within the industrial industry with Joy Global ( JOY) being today's industrial industry laggard.

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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