Ingersoll Rand (IR) to Release Earnings on Thursday

Ingersoll Rand (NYSE:IR - Get Free Report) will likely be posting its Q1 2025 quarterly 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 issued its earnings results on Thursday, February 13th. The industrial products company reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.85 by ($0.04). The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.91 billion. Ingersoll Rand had a net margin of 11.59% and a return on equity of 12.78%. 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 Performance

IR stock opened at $73.39 on Thursday. The firm has a 50 day simple moving average of $78.89 and a 200 day simple moving average of $90.54. Ingersoll Rand has a 52 week low of $65.61 and a 52 week high of $106.03. The stock has a market cap of $29.58 billion, a P/E ratio of 35.62, a P/E/G 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.

Ingersoll Rand Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.11%. The ex-dividend date of this dividend was Wednesday, March 5th. Ingersoll Rand's dividend payout ratio (DPR) is currently 3.88%.

Analyst Ratings Changes

A number of research analysts have commented on IR shares. Wells Fargo & Company lowered their target price on Ingersoll Rand from $115.00 to $105.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 7th. Stifel Nicolaus lowered their price target on Ingersoll Rand from $94.00 to $77.00 and set a "hold" rating for the company in a research note on Monday, April 14th. Citigroup dropped their price objective on Ingersoll Rand from $109.00 to $88.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Barclays reduced their target price on shares of Ingersoll Rand from $93.00 to $85.00 and set an "overweight" rating for the company in a research note on Thursday, April 10th. Finally, Evercore ISI dropped their price target on shares of Ingersoll Rand from $100.00 to $91.00 and set an "in-line" rating on the stock in a research note on Wednesday, February 19th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus 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.

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