Ingersoll Rand Inc. (IR)
NYSE: IR · IEX Real-Time Price · USD
96.86
-1.05 (-1.07%)
At close: Jul 19, 2024, 4:00 PM
50.00
-46.86 (-48.38%)
After-hours: Jul 20, 2024, 1:30 PM EDT
Ingersoll Rand Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Ingersoll Rand stock have an average target of 97.33, with a low estimate of 73 and a high estimate of 112. The average target predicts an increase of 0.49% from the current stock price of 96.86.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ingersoll Rand stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 3 | 4 | 4 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $100 → $110 | Strong Buy | Maintains | $100 → $110 | +13.57% | Jul 18, 2024 |
| Barclays | Barclays | Buy Maintains $104 → $106 | Buy | Maintains | $104 → $106 | +9.44% | Jul 10, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $98 → $102 | Buy | Maintains | $98 → $102 | +5.31% | Jul 10, 2024 |
| Barclays | Barclays | Buy Maintains $105 → $104 | Buy | Maintains | $105 → $104 | +7.37% | May 6, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $105 → $98 | Buy | Maintains | $105 → $98 | +1.18% | May 6, 2024 |
Financial Forecast
Revenue This Year
7.48B
from 6.88B
Increased by 8.75%
Revenue Next Year
7.90B
from 7.48B
Increased by 5.67%
EPS This Year
3.38
from 1.90
Increased by 77.90%
EPS Next Year
3.70
from 3.38
Increased by 9.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.9B | 8.4B | 9.0B | 9.8B | 10.8B |
| Avg | 7.5B | 7.9B | 8.4B | 9.2B | 10.6B |
| Low | 7.0B | 7.3B | 7.6B | 8.4B | 10.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.0% | 12.1% | 14.3% | 16.7% | 17.6% |
| Avg | 8.8% | 5.7% | 5.8% | 9.8% | 15.3% |
| Low | 2.3% | -2.0% | -3.3% | -0.1% | 9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.52 | 3.89 | 4.37 | 4.95 | 5.50 |
| Avg | 3.38 | 3.70 | 4.10 | 4.55 | 5.40 |
| Low | 3.15 | 3.42 | 3.70 | 4.05 | 5.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 85.1% | 14.9% | 17.9% | 20.6% | 20.9% |
| Avg | 77.9% | 9.6% | 10.7% | 11.0% | 18.6% |
| Low | 65.6% | 1.2% | 0.0% | -1.3% | 12.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.