News Image

NYSE:IR—A High-Growth Stock Gearing Up for Its Next Upward Move.

By Mill Chart

Last update: May 9, 2024

Exploring Growth Potential: INGERSOLL-RAND INC (NYSE:IR) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and INGERSOLL-RAND INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected INGERSOLL-RAND INC on our screen for growth with base formation, suggesting it merits a closer look.

Growth Analysis for NYSE:IR

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:IR boasts a 8 out of 10:

  • IR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.13%, which is quite impressive.
  • Measured over the past years, IR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.50% on average per year.
  • IR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.41%.
  • IR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.65% yearly.
  • Based on estimates for the next years, IR will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.02% on average per year.
  • The Revenue is expected to grow by 8.65% on average over the next years. This is quite good.
  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

Understanding NYSE:IR's Health Score

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:IR scores a 7 out of 10:

  • An Altman-Z score of 4.90 indicates that IR is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.90, IR is in the better half of the industry, outperforming 75.97% of the companies in the same industry.
  • IR has a debt to FCF ratio of 2.22. This is a good value and a sign of high solvency as IR would need 2.22 years to pay back of all of its debts.
  • The Debt to FCF ratio of IR (2.22) is better than 78.29% of its industry peers.
  • IR has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of IR (0.27) is better than 67.44% of its industry peers.
  • IR has a Current Ratio of 2.32. This indicates that IR is financially healthy and has no problem in meeting its short term obligations.
  • IR has a better Quick ratio (1.71) than 72.09% of its industry peers.

Profitability Insights: NYSE:IR

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:IR has earned a 7 out of 10:

  • IR's Return On Assets of 5.28% is fine compared to the rest of the industry. IR outperforms 62.79% of its industry peers.
  • The last Return On Invested Capital (7.37%) for IR is above the 3 year average (5.30%), which is a sign of increasing profitability.
  • IR has a Profit Margin of 11.85%. This is amongst the best in the industry. IR outperforms 80.62% of its industry peers.
  • IR's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 18.79%, IR belongs to the top of the industry, outperforming 86.82% of the companies in the same industry.
  • With an excellent Gross Margin value of 42.86%, IR belongs to the best of the industry, outperforming 86.05% of the companies in the same industry.
  • In the last couple of years the Gross Margin of IR has grown nicely.

Looking at the Setup

Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NYSE:IR this score is currently 7:

IR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 87.34, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

Our latest full fundamental report of IR contains the most current fundamental analsysis.

Check the latest full technical report of IR for a complete technical analysis.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.