Ingersoll-Rand PLC (IR) EPS Estimated At $1.45

July 18, 2017 - By Nellie Frank

 Ingersoll Rand PLC (IR) EPS Estimated At $1.45
Investors sentiment increased to 1.33 in 2016 Q4. Its up 0.13, from 1.2 in 2016Q3. It increased, as 37 investors sold Ingersoll-Rand PLC shares while 175 reduced holdings. 102 funds opened positions while 181 raised stakes. 216.69 million shares or 10.11% more from 196.79 million shares in 2016Q3 were reported.
Laurion Cap Mngmt Ltd Partnership reported 0.01% in Ingersoll-Rand PLC (NYSE:IR). Bb&T Corporation holds 0.05% or 33,458 shares. Pax Ww Mngmt Lc has invested 1.02% in Ingersoll-Rand PLC (NYSE:IR). Northstar Advisors Ltd Liability Co reported 3,000 shares. Asset Mgmt One Company reported 0.01% in Ingersoll-Rand PLC (NYSE:IR). 68,906 were reported by Lansdowne Prns (Uk) Ltd Liability Partnership. Highvista Strategies Ltd accumulated 4,200 shares or 0.06% of the stock. Amica Mutual Insurance has invested 0.11% in Ingersoll-Rand PLC (NYSE:IR). Independent Port Consultants has 0.07% invested in Ingersoll-Rand PLC (NYSE:IR). New York-based Focused Wealth Mngmt has invested 0.08% in Ingersoll-Rand PLC (NYSE:IR). Ontario Teachers Pension Plan Board has 308,496 shares. Tdam Usa has 0.52% invested in Ingersoll-Rand PLC (NYSE:IR) for 131,716 shares. Moreover, Baldwin Brothers Ma has 0.14% invested in Ingersoll-Rand PLC (NYSE:IR) for 9,975 shares. 8,461 are held by Profund Advisors Limited Liability Co. Etrade Cap Mngmt Ltd reported 22,625 shares.

Wall Street await Ingersoll-Rand PLC (NYSE:IR) to release earnings on July, 26. Analysts forecast earnings per share of $1.45, up exactly $0.07 or 5.07 % from 2014’s $1.38 EPS. The expected IR’s profit could reach $371.11 million giving the stock 16.05 P/E in the case that $1.45 earnings per share is reported. After posting $0.57 EPS for the previous quarter, Ingersoll-Rand PLC’s analysts now forecast 154.39 % EPS growth. The stock increased 0.26% or $0.24 during the last trading session, reaching $93.07. About 1.44M shares traded. Ingersoll-Rand PLC (NYSE:IR) has risen 39.42% since July 18, 2016 and is uptrending. It has outperformed by 22.72% the S&P500.

Ingersoll-Rand PLC (NYSE:IR) Ratings Coverage

Among 16 analysts covering Ingersoll-Rand Plc (NYSE:IR), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. Ingersoll-Rand Plc had 41 analyst reports since July 30, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $10000 target in Wednesday, July 5 report. As per Monday, April 3, the company rating was maintained by Jefferies. On Wednesday, October 28 the stock rating was maintained by Stifel Nicolaus with “Buy”. CLSA downgraded the shares of IR in report on Monday, April 4 to “Outperform” rating. The rating was initiated by BMO Capital Markets on Wednesday, July 13 with “Outperform”. On Monday, June 5 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Ingersoll-Rand PLC (NYSE:IR) has “Buy” rating given on Monday, March 7 by Nomura. Jefferies maintained it with “Buy” rating and $10500 target in Thursday, July 13 report. The stock of Ingersoll-Rand PLC (NYSE:IR) has “Buy” rating given on Thursday, January 21 by Citigroup. The rating was maintained by Susquehanna on Thursday, April 14 with “Neutral”.

Ingersoll-Rand Public Limited Company provides products, services and solutions to improve the quality and comfort of air in homes and buildings, transport and protect food and perishables. The company has market cap of $23.82 billion. The Company’s business divisions include Climate and Industrial. It has a 16.91 P/E ratio. It is engaged in the design, manufacture, sale and service of a portfolio of industrial and commercial products that include brand names, such as Ingersoll-Rand, Trane, American Standard, ARO and Club Car.

More news for Ingersoll-Rand PLC (NYSE:IR) were recently published by: Seekingalpha.com, which released: “Ingersoll-Rand may split into two companies, Stifel says” on July 10, 2017. Nasdaq.com‘s article titled: “Ingersoll-Rand Reaches Analyst Target Price” and published on June 19, 2017 is yet another important article.

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