Ingersoll Rand Inc. (IR)
NYSE: IR · Real-Time Price · USD
103.11
+0.73 (0.71%)
At close: Nov 20, 2024, 4:00 PM
102.50
-0.61 (-0.59%)
Pre-market: Nov 21, 2024, 7:01 AM EST
Ingersoll Rand Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Ingersoll Rand stock have an average target of 102.23, with a low estimate of 88 and a high estimate of 124. The average target predicts a decrease of -0.85% from the current stock price of 103.11.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ingersoll Rand stock from 13 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 5 | 5 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 3 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 11 | 12 | 12 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy → Hold Downgrades $112 → $107 | Strong Buy → Hold | Downgrades | $112 → $107 | +3.77% | Nov 18, 2024 |
| UBS | UBS | Strong Buy Initiates $102 → $124 | Strong Buy | Initiates | $102 → $124 | +20.26% | Nov 13, 2024 |
| Baird | Baird | Buy Maintains $114 → $109 | Buy | Maintains | $114 → $109 | +5.71% | Nov 4, 2024 |
| Stifel | Stifel | Strong Buy Maintains $101 → $112 | Strong Buy | Maintains | $101 → $112 | +8.62% | Oct 16, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $100 → $110 | Buy | Maintains | $100 → $110 | +6.68% | Oct 7, 2024 |
Financial Forecast
Revenue This Year
7.48B
from 6.88B
Increased by 8.75%
Revenue Next Year
7.96B
from 7.48B
Increased by 6.41%
EPS This Year
3.41
from 1.90
Increased by 79.43%
EPS Next Year
3.65
from 3.41
Increased by 6.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.6B | 8.2B | 8.9B | ||
| Avg | 7.5B | 8.0B | 8.4B | ||
| Low | 7.1B | 7.5B | 7.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.2% | 9.8% | 12.0% | ||
| Avg | 8.8% | 6.4% | 5.7% | ||
| Low | 3.2% | -0.3% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.50 | 3.83 | 4.37 | ||
| Avg | 3.41 | 3.65 | 4.01 | ||
| Low | 3.22 | 3.33 | 3.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 84.0% | 12.4% | 19.8% | ||
| Avg | 79.4% | 6.9% | 10.0% | ||
| Low | 69.7% | -2.3% | 0.5% |
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.