Equities research analysts expect Ingersoll-Rand PLC (Ireland) (NYSE:IR) to post earnings per share of $1.03 for the current quarter, according to Zacks. Seven analysts have made estimates for Ingersoll-Rand PLC (Ireland)’s earnings, with the lowest EPS estimate coming in at $0.99 and the highest estimate coming in at $1.12. Ingersoll-Rand PLC (Ireland) reported earnings per share of $0.84 in the same quarter last year, which indicates a positive year over year growth rate of 22.6%. The company is expected to issue its next quarterly earnings results on Wednesday, February 7th.

On average, analysts expect that Ingersoll-Rand PLC (Ireland) will report full year earnings of $4.52 per share for the current fiscal year, with EPS estimates ranging from $4.50 to $4.60. For the next financial year, analysts anticipate that the business will report earnings of $5.08 per share, with EPS estimates ranging from $4.90 to $5.30. Zacks’ EPS averages are an average based on a survey of research analysts that cover Ingersoll-Rand PLC (Ireland).

Ingersoll-Rand PLC (Ireland) (NYSE:IR) last announced its quarterly earnings data on Wednesday, October 25th. The industrial products company reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.01. Ingersoll-Rand PLC (Ireland) had a net margin of 7.47% and a return on equity of 16.65%. The company had revenue of $3.67 billion during the quarter, compared to analyst estimates of $3.71 billion. During the same period in the previous year, the business earned $1.41 EPS. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis.

A number of brokerages have weighed in on IR. KeyCorp reiterated a “hold” rating on shares of Ingersoll-Rand PLC (Ireland) in a research note on Sunday, November 19th. UBS AG set a $97.00 target price on shares of Ingersoll-Rand PLC (Ireland) and gave the company a “buy” rating in a research note on Thursday, July 27th. ValuEngine lowered shares of Ingersoll-Rand PLC (Ireland) from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Robert W. Baird reiterated a “hold” rating on shares of Ingersoll-Rand PLC (Ireland) in a research note on Friday, November 17th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $93.00 target price (up from $90.00) on shares of Ingersoll-Rand PLC (Ireland) in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $99.18.

Shares of Ingersoll-Rand PLC (NYSE IR) traded down $0.36 during midday trading on Friday, reaching $84.23. 690,464 shares of the company were exchanged, compared to its average volume of 1,719,141. Ingersoll-Rand PLC has a 52 week low of $74.02 and a 52 week high of $96.23. The stock has a market cap of $21,110.00, a price-to-earnings ratio of 19.49, a P/E/G ratio of 2.04 and a beta of 1.37. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.89 and a current ratio of 1.24.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 8th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $1.80 dividend on an annualized basis and a yield of 2.14%. Ingersoll-Rand PLC (Ireland)’s dividend payout ratio is presently 45.00%.

In other news, insider Marcia J. Avedon sold 10,460 shares of the business’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $94.00, for a total transaction of $983,240.00. Following the completion of the sale, the insider now owns 111,637 shares of the company’s stock, valued at approximately $10,493,878. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Paul A. Camuti sold 14,097 shares of the business’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $95.00, for a total transaction of $1,339,215.00. Following the sale, the senior vice president now directly owns 66,439 shares of the company’s stock, valued at approximately $6,311,705. The disclosure for this sale can be found here. 0.65% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the company. Amalgamated Bank grew its position in shares of Ingersoll-Rand PLC (Ireland) by 56.9% during the 2nd quarter. Amalgamated Bank now owns 29,501 shares of the industrial products company’s stock valued at $2,696,000 after acquiring an additional 10,702 shares during the period. Aviva PLC grew its position in shares of Ingersoll-Rand PLC (Ireland) by 1.1% during the 2nd quarter. Aviva PLC now owns 163,875 shares of the industrial products company’s stock valued at $14,982,000 after acquiring an additional 1,850 shares during the period. OMERS ADMINISTRATION Corp bought a new stake in shares of Ingersoll-Rand PLC (Ireland) during the 2nd quarter valued at $2,321,000. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Ingersoll-Rand PLC (Ireland) by 0.5% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 585,096 shares of the industrial products company’s stock valued at $53,472,000 after acquiring an additional 2,899 shares during the period. Finally, Dorsey & Whitney Trust CO LLC bought a new stake in shares of Ingersoll-Rand PLC (Ireland) during the 2nd quarter valued at $277,000. 81.65% of the stock is owned by hedge funds and other institutional investors.

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About Ingersoll-Rand PLC (Ireland)

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’s business segments include Climate and Industrial. 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.

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Earnings History and Estimates for Ingersoll-Rand PLC (Ireland) (NYSE:IR)

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