Ingersoll Rand (IR) has had a tumultuous period, hitting a new 1-year low and provoking questions on whether it's time to sell. The company reported record Q4 and full-year results for 2024 but the stock performance has fluctuated. The share price took a dive on multiple occasions, and many investors and entities have adjusted their stakes with several purchases as well as some selling. Notably, a key board member, Julie Schertell, resigned from crucial committees. Analysts have mixed expectations, with some expressing caution about its debt situation and others emphasizing its promising earnings growth. The firm has recently acquired SSI Aeration, expanding its market in wastewater treatment solutions, thus demonstrating signs of strategic development. Despite significant insider stock disposal hinting at hesitancy, positive performance with regards to Environmental, Social, Governance (ESG) rankings has allowed the company to dominate within the machinery sector. Barclays has however, reduced the price target to $93, prompting further caution.
Ingersoll Rand IR News Analytics from Fri, 02 Aug 2024 07:00:00 GMT to Sat, 29 Mar 2025 17:04:17 GMT -
Rating -3
- Innovation 6
- Information 8
- Rumor -3
