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Ingersoll Rand Inc. (IR)

NYSE - NYSE Delayed Price. Currency in USD
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44.80-0.01 (-0.02%)
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Neutralpattern detected
Previous Close44.81
Open45.19
Bid34.92 x 800
Ask49.07 x 900
Day's Range44.63 - 45.19
52 Week Range17.01 - 45.58
Volume584,924
Avg. Volume2,319,721
Market Cap18.711B
Beta (5Y Monthly)1.44
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
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Undervalued
58% Est. Return
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  • Ingersoll Rand (IR) Displays Bright Prospects Amid Headwinds
    Zacks

    Ingersoll Rand (IR) Displays Bright Prospects Amid Headwinds

    Ingersoll Rand (IR) is likely to gain from its product portfolio, solid liquidity position and acquired assets. However, unfavorable product mix and forex woes are concerns.

  • Here’s a Much Better Choice Than Lordstown Stock
    InvestorPlace

    Here’s a Much Better Choice Than Lordstown Stock

    Although Lordstown Motors (NASDAQ:RIDE) recently reported impressive order data, I still believe that investors should unload RIDE stock. Source: Chart by Josh Enomoto Given the huge valuation of the shares and the risks facing the company, I believe that there are much better electric-vehicle stocks in which to invest. For those looking for an EV name with a tremendous amount of potential, I recommend buying Ayro (NASDAQ:AYRO). Impressive Pre-Orders and a Very High Valuation On Nov. 16, Lordstown reported that it had obtained “50,000 non-binding production reservations from commercial fleets for its Lordstown Endurance all-electric pickup truck, with an average order size of approximately 500 vehicles per fleet.”InvestorPlace - Stock Market News, Stock Advice & Trading Tips 10 Best Stocks to Buy for Investors Under 30 That’s a rather impressive number for an EV startup. Based on the Endurance’s reported sticker price of $52,500, the 50,000 vehicles ordered would result in revenue of $2.625 billion, according to my calculations. Additionally,   Lordstown reported that it had had indications of “interest” from groups that are not  able to “place pre-orders, such as federal, state and municipal governments, and military fleets.” It’s important to note, however,  that not all of the “non-binding” pre-orders will turn into deliveries. In other words, some companies will renege on their pre-orders. Further, pre-orders for commercial trucks can  be placed several years  in advance, so the company may collect the proceeds from the pre-orders over three or four years. Finally, with RIDE stock trading at a market capitalization of $4.675 billion, $2.625 billion of pre-orders over several years actually isn’t awe-inspiring. The High Risks Facing Lordstown As I pointed out in a previous column, The Next Web, a technology website, has asserted that the motors inside the Endurance’s wheels “can negatively affect handling, but not dramatically,” while wearing out parts more quickly than conventional wheels. And I noted that one of Lordstown’s competitors, Rivian,  “is working on an electric pickup truck that sounds like a truly revolutionary vehicle.” A Much Better EV Bet In an August column on EV truck maker Ayro, I wrote that the company had “found a niche in which it can be successful, and it has already recruited a great partner. ” I asserted that battery-electric trucks would be a very good fit for the company’s niche of short-range deliveries. Its alliance with huge food-truck maker Gallery Carts boded very well for the outlook of AYRO stock. Since the article was published, the shares have soared about 150%. But the stock’s market capitalization is still only $235 million. And  on Nov. 6, Ayro reported that it had a backlog of $624,000 as of Sept. 30, while it had received $584,000 of orders “for its mobile food truck following its partnership announcement with Gallery Carts.” Meanwhile, Ayro reported Q3 sales of nearly $400,000 and stated that Club Car, a large golf-cart maker owned by giant equipment-maker Ingersoll Rand (NYSE:IR), had ordered nine EVs from it. In another excellent sign for AYRO stock, the EV maker raised the “production capacity” of its Austin, Texas factory  from 200 electric vehicles per month to 600 per month. Finally, the company recently announced that institutional investors had bought about $10 million of its shares while acquiring warrants for over 2 million additional shares. Those investments indicate that the institutions have a great deal of faith in Ayro. The Bottom Line on RIDE Stock The shares have a very high valuation, and Lordstown is making a  vehicle that may be risky. That’s not a very good combination. Conversely, the valuation of Ayro stock remains relatively low, and that company looks poised to be very successful. Given all of these points,  I recommend that investors sell Lordstown’s shares and buy those of Ayro instead. On the date of publication, Larry Ramer held a long position in Ayro.   Larry Ramer has conducted research and written articles on U.S. stocks for 13 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been Roku, solar stocks, and Snap. You can reach him on StockTwits at @larryramer. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets The post Here’s a Much Better Choice Than Lordstown Stock appeared first on InvestorPlace.

  • Benzinga

    What Does Ingersoll Rand's Debt Look Like?

    Shares of Ingersoll Rand (NYSE: IR) moved higher by 25.42% in the past three months. Before having a look at the importance of debt, let us look at how much debt Ingersoll Rand has.Ingersoll Rand's Debt Based on Ingersoll Rand's balance sheet as of November 3, 2020, long-term debt is at $3.84 billion and current debt is at $40.10 million, amounting to $3.88 billion in total debt. Adjusted for $1.31 billion in cash-equivalents, the company's net debt is at $2.56 billion.Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents include cash and any liquid securities with maturity periods of 90 days or less. Total debt equals current debt plus long-term debt minus cash equivalents.Shareholders look at the debt-ratio to understand how much financial leverage a company has. Ingersoll Rand has $15.61 billion in total assets, therefore making the debt-ratio 0.25. As a rule of thumb, a debt-ratio more than one indicates that a considerable portion of debt is funded by assets. A higher debt-ratio can also imply that the company might be putting itself at risk for default, if interest rates were to increase. However, debt-ratios vary widely across different industries. A debt ratio of 35% might be higher for one industry and normal for another.Importance Of Debt Debt is an important factor in the capital structure of a company, and can help it attain growth. Debt usually has a relatively lower financing cost than equity, which makes it an attractive option for executives.However, interest-payment obligations can have an adverse impact on the cash-flow of the company. Having financial leverage also allows companies to use additional capital for business operations, allowing equity owners to retain excess profit, generated by the debt capital.Looking for stocks with low debt-to-equity ratios? Check out Benzinga Pro, a market research platform which provides investors with near-instantaneous access to dozens of stock metrics - including debt-to-equity ratio. Click here to learn more. See more from Benzinga * Click here for options trades from Benzinga * Danaher's Debt Overview * A Look Into Halozyme Therapeutics's Debt(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.