Ingersoll Rand (NYSE:IR) Issues FY 2025 Earnings Guidance

Ingersoll Rand (NYSE:IR) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.380-3.500 for the period, compared to the consensus EPS estimate of 3.460. The company issued revenue guidance of $7.5 billion-$7.6 billion, compared to the consensus revenue estimate of $7.6 billion.

Ingersoll Rand Price Performance

Shares of IR traded up $1.22 during mid-day trading on Thursday, hitting $92.57. The company’s stock had a trading volume of 2,617,770 shares, compared to its average volume of 2,285,465. The company has a current ratio of 2.36, a quick ratio of 1.71 and a debt-to-equity ratio of 0.46. Ingersoll Rand has a 1-year low of $83.72 and a 1-year high of $106.03. The firm has a market capitalization of $37.31 billion, a P/E ratio of 45.16, a P/E/G ratio of 3.66 and a beta of 1.43. The firm has a 50-day simple moving average of $93.29 and a 200 day simple moving average of $95.29.

Ingersoll Rand (NYSE:IR) last released its quarterly earnings data on Thursday, February 13th. The industrial products company reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.04). Ingersoll Rand had a return on equity of 13.01% and a net margin of 11.72%. Analysts predict that Ingersoll Rand will post 3.2 EPS for the current fiscal year.

Ingersoll Rand Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Wednesday, March 5th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.09%. The ex-dividend date is Wednesday, March 5th. Ingersoll Rand’s dividend payout ratio is currently 3.90%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on IR shares. The Goldman Sachs Group lifted their price objective on Ingersoll Rand from $109.00 to $121.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Citigroup cut their price target 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 lowered their price objective on shares of Ingersoll Rand from $107.00 to $100.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. UBS Group initiated coverage on shares of Ingersoll Rand in a report on Wednesday, November 13th. They set a “buy” rating and a $124.00 target price for the company. Finally, Barclays reduced their price target on shares of Ingersoll Rand from $120.00 to $115.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $105.92.

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.