|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||198.26 - 201.97|
|52 Week Range||103.44 - 202.21|
|Beta (5Y Monthly)||1.23|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.36 (1.31%)|
|Ex-Dividend Date||Sep 02, 2021|
|1y Target Est||N/A|
Ingersoll Rand's (IR) Q2 earnings might have benefited from its solid aftermarket businesses, acquired assets and product portfolio. Risks related to international presence might have been a woe.
Shares of SPX FLOW Inc. were indicated up about 5% in premarket trading Monday, after the fluid handling, mixing, blending and thermal heat transfer process technologies company said it is reviewing strategic alternatives, including a possible sale of the company. The company's announcement comes after it received and rejected an unsolicited buyout bid by Ingersoll Rand Inc. for $85 a share, which followed a previously rejected bid of $81.50 a share. The company said it determined Ingersoll Rand
SPX Flow said on Monday it would explore strategic alternatives, including a sale or merger of the company, after the industrial pumps and valves maker rejected Ingersoll Rand's sweetened $3.59 billion buyout bid last week. SPX, which makes components for machinery used by industries such as food and beverages, had rejected Ingersoll's proposal, saying it undervalued the company. Ingersoll raised its offer in June to $85 per share from its first bid to buy SPX in May at $81.50 apiece.