|Bid||91.23 x 100|
|Ask||91.25 x 200|
|Day's Range||90.83 - 91.59|
|52 Week Range||62.40 - 94.39|
|PE Ratio (TTM)||16.55|
|Dividend & Yield||1.60 (1.75%)|
|1y Target Est||N/A|
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.
Shares of industrial goods manufacturer Ingersoll-Rand Plc (IR) scaled a new 52-week high of $93.52 during Friday's trading session.