(IR) Ingersoll Rand - Ratings and Ratios

Ingersoll Rand Inc. is a global provider of mission-critical technologies and services that cater to diverse industries, including industrial manufacturing, medical, laboratory, and energy. The companys product portfolio encompasses a wide range of air, fluid, energy, and medical technologies, including compression, vacuum, and blower products, fluid transfer equipment, power tools, and precision pumps. With a rich history dating back to 1859, Ingersoll Rand has evolved through strategic acquisitions and rebranding, including its merger with Gardner Denver Holdings, Inc. in 2020.

The companys Industrial Technologies and Services segment is a leading provider of air and gas compression, vacuum, and blower products, as well as fluid transfer equipment and power tools. Its products are used in various industrial applications, including manufacturing, oil and gas, and construction. Meanwhile, the Precision and Science Technologies segment specializes in precision pumps, gas boosters, and automated liquid handling systems, serving industries such as medical, laboratory, and life sciences. With a diverse brand portfolio, including Ingersoll Rand, Gardner Denver, and Milton Roy, the company offers a comprehensive range of products and services that cater to specific customer needs.

From a technical analysis perspective, Ingersoll Rands stock price has been trending near its 20-day simple moving average (SMA) of $81.58, with a current price of $81.95. The 50-day SMA is at $77.72, indicating a potential bullish crossover. However, the 200-day SMA at $89.67 suggests a longer-term bearish trend. With an average true range (ATR) of 1.97, representing a 2.40% daily volatility, the stock is experiencing moderate price fluctuations. Given the current technical setup, a potential trading opportunity may arise if the stock price breaks above the 20-day SMA and sustains a bullish momentum.

Fundamentally, Ingersoll Rands market capitalization stands at $33.3 billion, with a forward price-to-earnings (P/E) ratio of 24.69. The companys return on equity (RoE) is 8.05%, indicating a relatively stable profitability profile. Considering the current fundamental data and technical trends, a forecast for Ingersoll Rands stock price could be moderately bullish in the short term, driven by potential earnings growth and a recovering industrial machinery market. If the company can maintain its momentum and expand its market share, the stock price may target the $90-$100 range in the next 6-12 months, representing a 10-20% upside from current levels.