Ingersoll Rand Inc. (IR) is a global leader in industrial technologies, designing, manufacturing, and servicing mission-critical equipment such as air compressors, pumps, power tools, and fluid management systems. Headquartered in Davidson, North Carolina, it operates worldwide to improve productivity in industries such as manufacturing, energy, and medical. The company has a market capitalization of $33.84 billion, which classifies it as a “large-cap” stock.
Shares of Ingersoll Rand hit a 52-week high of $100.96 on Feb. 13, but are down 14.4% from that level. Stocks registered some modest gains, likely due to steady industrial demand and positive sentiment around its equipment. In the last three months, it reached 6.7%. The broader industrial sector, as indexed by the State Street Industrial Select Sector SPDR ETF ( XLI ), is up about 9% over the same period. Therefore, the company’s stock is currently underperforming its sector.
Over the past 52 weeks, Ingersoll Rand stock has risen modestly by 3.5%, while it has risen 9.1% year-to-date (YTD). On the other hand, the Industrial Select Sector SPDR ETF has gained 28.7% over the past 52 weeks and 9.6% YTD. The company’s stock has traded above its 200-day moving average since the start of this year, but has fallen below its 50-day moving average since early March.
On February 12, Ingersoll Rand reported fourth quarter results for fiscal year 2025. As the report was better than expected, the stock rose 4.6% on the day on February 13. The company’s revenue rose 10.1% year-over-year (YOY) to $2.09 billion. Ingersoll Rand has ample liquidity of $3.80 billion, which supports this dividend. In January, the company acquired Scannomics, Inc., which helps simplify automated workflows in life sciences end markets. For the current quarter, Wall Street analysts expect its EPS to grow 7.4% YOY to $0.73.
We compare Ingersoll Rand’s performance to another specialty industrial machinery stock, AMETEK, Inc. (AME), which has gained 26.2% over the past 52 weeks and 10.2% YTD. Therefore, Ingersoll Rand has weakened AMETEK during these periods.
Wall Street analysts are moderately bullish on Ingersoll Rand’s stock. The stock has a consensus rating of “moderate buy” from the 16 analysts that cover it. An average price target of $101.86 implies a 17.9% upside from current levels. Furthermore, a high street price target of $117 indicates a 35.4% upside.
As of the date of publication, Anushka Dutta had no position (either directly or indirectly) in any of the secrets mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com
