|Bid||69.02 x 100|
|Day's Range||90.47 - 91.84|
|52 Week Range||62.40 - 94.39|
|PE Ratio (TTM)||16.44|
|Dividend & Yield||1.60 (1.76%)|
|1y Target Est||N/A|
The Industrial Products sector appears reasonably healthy this quarter. Let's have a sneak peek at three major Industrial Products stocks scheduled to report earnings tomorrow.
Ingersoll's (IR) focus on improving efficiencies and capabilities of products and services within its core businesses is likely to impact second-quarter results.
Stifel analyst Robert McCarthy and his team have a new note out Monday, arguing that with “Deconglomeratization” back in vogue, he sees value in an Ingersoll-Rand (IR) breakup. The shares are up nearly 25% this year, but McCarthy still calls the stock his top pick in the sector. As for a breakup, he writes that on a sum-of-the-parts (SOTP) basis, it would have the most upside among the conglomerates in his coverage, and he sees it as fairly likely as well.