Ingersoll Rand (IR) to Release Quarterly Earnings on Thursday

Ingersoll Rand (NYSE:IR - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect Ingersoll Rand to post earnings of $0.74 per share and revenue of $1.73 billion for the quarter. Ingersoll Rand has set its FY 2025 guidance at 3.380-3.500 EPS.

Ingersoll Rand (NYSE:IR - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.04). The firm had revenue of $1.90 billion for the quarter, compared to analysts' expectations of $1.91 billion. Ingersoll Rand had a return on equity of 12.78% and a net margin of 11.59%. On average, analysts expect Ingersoll Rand to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Ingersoll Rand Stock Down 1.1 %

NYSE IR traded down $0.84 during trading on Friday, reaching $74.90. 3,400,737 shares of the company's stock were exchanged, compared to its average volume of 2,557,623. Ingersoll Rand has a 1 year low of $65.61 and a 1 year high of $106.03. The stock has a market cap of $30.19 billion, a P/E ratio of 36.36, a price-to-earnings-growth ratio of 3.50 and a beta of 1.40. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.71 and a current ratio of 2.29. The company has a 50 day moving average price of $78.46 and a two-hundred day moving average price of $90.15.

Ingersoll Rand Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 15th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.11%. The ex-dividend date is Thursday, May 15th. Ingersoll Rand's dividend payout ratio (DPR) is 3.88%.

Analysts Set New Price Targets

Several analysts have recently weighed in on IR shares. Robert W. Baird boosted their price objective on shares of Ingersoll Rand from $105.00 to $111.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. Citigroup decreased their price objective on shares of Ingersoll Rand from $109.00 to $88.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Evercore ISI cut their target price on Ingersoll Rand from $100.00 to $91.00 and set an "in-line" rating on the stock in a research report on Wednesday, February 19th. Stifel Nicolaus decreased their target price on Ingersoll Rand from $94.00 to $77.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Finally, Wells Fargo & Company cut their price target on Ingersoll Rand from $115.00 to $105.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $100.36.

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.