$1.45 EPS Expected for Ingersoll-Rand PLC (IR)

July 18, 2017 - By Peter Erickson

 $1.45 EPS Expected for Ingersoll Rand PLC (IR)
Investors sentiment increased to 1.33 in Q4 2016. 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.
Flippin Bruce Porter Incorporated has 32,118 shares for 0.59% of their portfolio. Menora Mivtachim Ltd stated it has 65,000 shares. Blb&B Advsrs Ltd Co has invested 0.19% in Ingersoll-Rand PLC (NYSE:IR). Minneapolis Ltd Liability Corporation has invested 3.57% in Ingersoll-Rand PLC (NYSE:IR). L S Advsrs has 81,281 shares. Moreover, Brown Advisory Securities Limited Liability Co has 0.12% invested in Ingersoll-Rand PLC (NYSE:IR) for 5,693 shares. Public Sector Pension Investment Board owns 56,676 shares. Commonwealth Of Pennsylvania School Empls Retrmt Sys owns 14,809 shares. Heritage Wealth Advsrs reported 3,566 shares. Moreover, Jennison Limited Com has 0% invested in Ingersoll-Rand PLC (NYSE:IR) for 30,668 shares. Alexandria Limited Liability Company owns 0.01% invested in Ingersoll-Rand PLC (NYSE:IR) for 450 shares. American International has 109,074 shares. Lansdowne (Uk) Llp, United Kingdom-based fund reported 68,906 shares. Moreover, Tower Rech Lc (Trc) has 0.07% invested in Ingersoll-Rand PLC (NYSE:IR). Weatherly Asset Management L P owns 31,444 shares or 0.75% of their US portfolio.

Investors wait Ingersoll-Rand PLC (NYSE:IR) to report on July, 26. its quarterly earnings Wall Street analysts expect $1.45 earnings per share, up $0.07 or 5.07 % from last year’s $1.38 same quarter earnings. This translates into $371.11 million profit for IR giving the stock a 16.05 P/E. This is assuming the current $1.45 EPS is accurate. Ingersoll-Rand PLC’s Wall Street analysts see 154.39 % EPS growth, taking into account the $0.57 EPS reproted in the previous quarter, The stock increased 0.26% or $0.24 during the last trading session, reaching $93.07. About 1.44 million 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. The stock of Ingersoll-Rand PLC (NYSE:IR) has “Buy” rating given on Tuesday, April 19 by Citigroup. The stock of Ingersoll-Rand PLC (NYSE:IR) has “Equal-Weight” rating given on Monday, October 5 by Barclays Capital. RBC Capital Markets maintained the shares of IR in report on Thursday, April 27 with “Sector Perform” rating. RBC Capital Markets maintained the shares of IR in report on Thursday, October 27 with “Sector Perform” rating. As per Wednesday, July 5, the company rating was maintained by Stifel Nicolaus. The rating was initiated by BMO Capital Markets with “Outperform” on Wednesday, July 13. As per Monday, March 7, the company rating was upgraded by Nomura. The firm has “Sector Perform” rating given on Wednesday, October 28 by RBC Capital Markets. Stifel Nicolaus maintained the shares of IR in report on Wednesday, October 28 with “Buy” rating. The rating was maintained by Jefferies on Monday, April 3 with “Buy”.

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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