Ingersoll Rand (NYSE:IR) Issues Quarterly Earnings Results

Ingersoll Rand (NYSE:IR) announced its quarterly earnings results on Thursday. The industrial products company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.04), Zacks reports. Ingersoll Rand had a net margin of 11.72% and a return on equity of 13.01%. Ingersoll Rand updated its FY 2025 guidance to 3.380-3.500 EPS.

Ingersoll Rand Price Performance

IR stock opened at $85.79 on Friday. The company has a quick ratio of 1.71, a current ratio of 2.36 and a debt-to-equity ratio of 0.46. Ingersoll Rand has a 52-week low of $83.72 and a 52-week high of $106.03. The stock’s 50 day moving average is $92.75 and its two-hundred day moving average is $95.18. The company has a market capitalization of $34.58 billion, a PE ratio of 41.85, a P/E/G ratio of 3.66 and a beta of 1.43.

Ingersoll Rand Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Wednesday, March 5th will be issued a dividend of $0.02 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.08 annualized dividend and a yield of 0.09%. Ingersoll Rand’s dividend payout ratio is presently 3.90%.

Wall Street Analyst Weigh In

Several brokerages have commented on IR. Robert W. Baird dropped their price target on shares of Ingersoll Rand from $114.00 to $109.00 and set an “outperform” rating on the stock in a research note on Monday, November 4th. Barclays dropped their price target on shares of Ingersoll Rand from $120.00 to $115.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. UBS Group initiated coverage on shares of Ingersoll Rand in a research note on Wednesday, November 13th. They issued a “buy” rating and a $124.00 price target on the stock. The Goldman Sachs Group increased their price objective on Ingersoll Rand from $109.00 to $121.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, Wells Fargo & Company decreased their price objective on Ingersoll Rand from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Ingersoll Rand currently has an average rating of “Moderate Buy” and an average price target of $105.92.

Ingersoll Rand Company Profile

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.