Headlines about Ingersoll-Rand (NYSE:IR) have trended very positive on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ingersoll-Rand earned a media sentiment score of 3.14 on their scale. InfoTrie also assigned press coverage about the industrial products company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the next few days.

Here are some of the headlines that may have impacted Ingersoll-Rand’s ranking:

Shares of IR stock opened at $101.78 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.99 and a current ratio of 1.41. The stock has a market cap of $25.37 billion, a PE ratio of 22.57, a PEG ratio of 1.54 and a beta of 1.28. Ingersoll-Rand has a twelve month low of $79.63 and a twelve month high of $105.76.

Ingersoll-Rand (NYSE:IR) last announced its quarterly earnings results on Wednesday, October 24th. The industrial products company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.04. The firm had revenue of $4.03 billion for the quarter, compared to analysts’ expectations of $4.02 billion. Ingersoll-Rand had a net margin of 10.03% and a return on equity of 18.75%. The company’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 EPS. As a group, analysts forecast that Ingersoll-Rand will post 5.58 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 31st. Stockholders of record on Friday, December 7th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, December 6th. This represents a $2.12 annualized dividend and a dividend yield of 2.08%. Ingersoll-Rand’s payout ratio is 47.01%.

Ingersoll-Rand declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, October 3rd that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the industrial products company to buy up to 6% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its stock is undervalued.

IR has been the subject of a number of research reports. Cowen reaffirmed a “buy” rating and set a $115.00 target price on shares of Ingersoll-Rand in a report on Monday, September 10th. UBS Group upped their target price on shares of Ingersoll-Rand from $108.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, August 30th. Citigroup upped their target price on shares of Ingersoll-Rand from $117.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, October 25th. Argus boosted their price target on shares of Ingersoll-Rand from $100.00 to $114.00 and gave the company a “buy” rating in a research report on Tuesday, July 31st. Finally, ValuEngine raised shares of Ingersoll-Rand from a “hold” rating to a “buy” rating in a research report on Friday, November 16th. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $110.43.

In other Ingersoll-Rand news, SVP Marcia J. Avedon sold 10,408 shares of the company’s stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $104.00, for a total value of $1,082,432.00. Following the transaction, the senior vice president now owns 125,098 shares of the company’s stock, valued at $13,010,192. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.70% of the company’s stock.

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Ingersoll-Rand Company Profile

Ingersoll-Rand plc designs, manufactures, sells, and services industrial and commercial products. It operates through Climate and Industrial segments. The Climate segment offers building management, bus, rail, and multi-pipe HVAC, control, container and cryogenic, diesel-powered, ductless, geothermal, package heating and cooling, rail and self-powered truck refrigeration, temporary heating and cooling, trailer refrigeration, unitary, and vehicle-powered truck refrigeration systems.

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Insider Buying and Selling by Quarter for Ingersoll-Rand (NYSE:IR)

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