Stock of the Day

Ingersoll Rand (IR)

$83.37

+$1.50 (+1.8%)

Market Cap: $33.64B

About Ingersoll Rand

Ingersoll Rand Inc. provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies.

The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc. The Precision and Science Technologies segment designs, manufactures, and markets diaphragm, piston, water-powered, peristaltic, gear, vane, progressive cavity, and syringe pumps; and gas boosters, hydrogen compression systems, automated liquid handling systems, odorant injection systems, controls, software, and other related components and accessories for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management, and flow control in specialized or critical applications under the Air Dimensions, Albin, ARO, Dosatron, Haskel, Ingersoll Rand, LMI, Maximus, Milton Roy, MP, Oberdorfer, Seepex, Thomas, Welch, Williams, YZ, and Zinnser Analytic brand names. This segment's products are used in medical, life sciences, industrial manufacturing, water and wastewater, chemical processing, energy, food and beverage, agriculture, and other markets. It sells through an integrated network of direct sales representatives and independent distributors. The company was formerly known as Gardner Denver Holdings, Inc. and changed its name to Ingersoll Rand Inc. in March 2020. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina.

Ingersoll Rand Bull Case

Here are some ways that investors could benefit from investing in Ingersoll Rand Inc.:

• The current stock price is around $80, reflecting a strong market presence and investor interest.
• Ingersoll Rand Inc. has recently reported a revenue increase of 2.8% compared to the same quarter last year, indicating growth potential.
• The company has a solid market capitalization of approximately $32.44 billion, suggesting stability and investor confidence.
• With a return on equity of 12.78%, Ingersoll Rand Inc. demonstrates effective management and profitability, which can attract investors.
• The recent approval of a $1.00 billion stock repurchase plan signals that the board believes the stock is undervalued, which could enhance shareholder value.

Ingersoll Rand Bear Case

Investors should be bearish about investing in Ingersoll Rand Inc. for these reasons:

• The company reported earnings per share of $0.72, which missed the consensus estimate, indicating potential challenges in meeting market expectations.
• Ingersoll Rand Inc. has a relatively high price-to-earnings ratio of 39.03, which may suggest that the stock is overvalued compared to its earnings.
• The stock has experienced fluctuations, with a 12-month high of $106.03 and a low of $65.61, indicating volatility that could concern risk-averse investors.
• The dividend yield is low at 0.10%, which may not be attractive for income-focused investors looking for higher returns.
• The company has a beta of 1.42, suggesting that its stock price is more volatile than the market, which could pose risks for investors during market downturns.

Recent News

• Ingersoll Rand to Participate in Upcoming Investor Conference (globenewswire.com)
• Ingersoll Rand Acquires Lead Fluid, Boosts Regional Growth Strategy in Life Sciences (globenewswire.com)