Ingersoll Rand Inc. (IR)
NYSE: IR · IEX Real-Time Price · USD
92.03
-0.47 (-0.51%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Ingersoll Rand Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Ingersoll Rand stock have an average target of 92.73, with a low estimate of 72 and a high estimate of 112. The average target predicts an increase of 0.76% from the current stock price of 92.03.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ingersoll Rand stock from 11 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 6 | 6 | 6 | 5 | 5 | 4 |
| Hold | 3 | 2 | 2 | 3 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 12 | 12 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $105 → $112 | Strong Buy | Maintains | $105 → $112 | +21.70% | Apr 8, 2024 |
| Barclays | Barclays | Buy Maintains $101 → $105 | Buy | Maintains | $101 → $105 | +14.09% | Apr 2, 2024 |
| Stifel | Stifel | Strong Buy Maintains $102 | Strong Buy | Maintains | $102 | +10.83% | Mar 26, 2024 |
| Andrew Buscaglia | Andrew Buscaglia | Hold Initiates $92 | Hold | Initiates | $92 | -0.03% | Mar 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $87 → $97 | Strong Buy | Maintains | $87 → $97 | +5.40% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
7.52B
from 6.88B
Increased by 9.38%
Revenue Next Year
7.97B
from 7.52B
Increased by 5.92%
EPS This Year
3.31
from 1.90
Increased by 74.22%
EPS Next Year
3.66
from 3.31
Increased by 10.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.8B | 8.6B | 9.2B | 10.3B |
| Avg | 7.5B | 8.0B | 8.5B | 9.3B |
| Low | 7.1B | 7.4B | 7.7B | 8.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.6% | 14.0% | 16.0% | 21.3% |
| Avg | 9.4% | 5.9% | 6.2% | 10.1% |
| Low | 2.8% | -1.9% | -3.5% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.45 | 3.94 | 4.37 | 5.51 |
| Avg | 3.31 | 3.66 | 4.04 | 4.74 |
| Low | 2.98 | 3.26 | 3.56 | 3.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 81.8% | 19.0% | 19.3% | 36.5% |
| Avg | 74.2% | 10.6% | 10.4% | 17.3% |
| Low | 56.8% | -1.4% | -2.8% | -4.2% |
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.