Zacks Research Forecasts Reduced Earnings for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Zacks Research reduced their Q1 2025 earnings estimates for shares of Ingersoll Rand in a note issued to investors on Monday, February 10th. Zacks Research analyst A. Bhattacharjee now forecasts that the industrial products company will earn $0.73 per share for the quarter, down from their prior forecast of $0.75. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.20 per share. Zacks Research also issued estimates for Ingersoll Rand’s FY2025 earnings at $3.29 EPS, Q3 2026 earnings at $0.91 EPS and Q4 2026 earnings at $0.99 EPS.

IR has been the topic of a number of other research reports. Robert W. Baird lowered their target price on shares of Ingersoll Rand from $114.00 to $109.00 and set an “outperform” rating on the stock in a report on Monday, November 4th. Citigroup lowered their price objective on Ingersoll Rand from $119.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Stifel Nicolaus cut their target price on Ingersoll Rand from $107.00 to $100.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. Barclays lowered their price target on Ingersoll Rand from $120.00 to $115.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Finally, UBS Group assumed coverage on shares of Ingersoll Rand in a report on Wednesday, November 13th. They set a “buy” rating and a $124.00 price target on the stock. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Ingersoll Rand presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.92.

Ingersoll Rand Stock Performance

Shares of IR stock opened at $91.38 on Thursday. The company has a current ratio of 2.36, a quick ratio of 1.71 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $93.29 and a two-hundred day simple moving average of $95.29. Ingersoll Rand has a 12 month low of $83.72 and a 12 month high of $106.03. The firm has a market capitalization of $36.83 billion, a PE ratio of 44.58, a price-to-earnings-growth ratio of 3.66 and a beta of 1.43.

Hedge Funds Weigh In On Ingersoll Rand

Several institutional investors have recently bought and sold shares of IR. Ashton Thomas Securities LLC bought a new stake in shares of Ingersoll Rand in the third quarter valued at $34,000. Murphy & Mullick Capital Management Corp bought a new stake in Ingersoll Rand in the 4th quarter valued at about $36,000. OFI Invest Asset Management bought a new stake in Ingersoll Rand in the 4th quarter valued at about $38,000. Eastern Bank purchased a new stake in Ingersoll Rand during the third quarter valued at about $42,000. Finally, Lee Danner & Bass Inc. bought a new stake in shares of Ingersoll Rand in the fourth quarter valued at approximately $42,000. Hedge funds and other institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Wednesday, March 5th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.09%. Ingersoll Rand’s payout ratio is currently 3.90%.

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.