Financial Reports are Key to Consider: Ingersoll-Rand Plc (NYSE: IR)
I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Tech Business Week specializing in quicker moving active shares with a short term view on investment opportunities and trends.
Address: 1075 Ashton Lane Lampasas, TX 76550, USA
Phone: (+1) 512-566-9658
Email: Altonsimmons@techbusinessweek.com
- Financial Results in Focus: Unifi Inc. (NYSE: UFI) - 11/02/2020
- Stock under Consideration: Kadant Inc. (NYSE: KAI) - 02/02/2020
- Stock Buzz: US Ecology Inc. (NASDAQ: ECOL) - 22/01/2020
SWORDS, Ireland, January 19, 2019 – Shares of Ingersoll-Rand Plc (NYSE: IR) gained 0.47% to $133.51. The stock traded total volume of 130.001K shares lower than the average volume of 1.33M shares.
Ingersoll-Rand Plc (NYSE: IR) posted revenues of $4.34B for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 1.40%. This compares to year-ago revenues of $4.03B. The company has topped consensus revenue estimates three times over the last four quarters. Ingersoll-Rand Plc came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.19%. A quarter ago, it was expected that this manufacturer would post earnings of $2.05 per share when it actually produced earnings of $2.09, delivering a surprise of 1.95%.
IR has the market capitalization of $31.51B and its EPS growth ratio for the past five years was 21.00%. The return on assets ratio of the Company was 7.00% while its return on investment ratio stands at 14.60%. Price to sales ratio was 1.93 while 84.70% of the stock was owned by institutional investors.
