Ingersoll-Rand PLC (Ireland) (NYSE:IR) currently has an Average Broker Rating of 2.33. The ABR rank within the industry stands at 130. This number is based on the 12 sell-side firms polled by Zacks.
Each brokerage research report carries with it some form of recommendation. The brokerage firms may use different lingo for their rating systems (like saying Outperform instead of Buy), but they can all be properly sorted into our 5 level classification system that is now the industry standard. Each of the 5 classifications has a value associated with it to help compute the ABR.
As the name implies the ABR will show you the Average of Brokerage Recommendations on a given stock. The benefit is that you quickly get a snapshot of where Wall Street stands on a stock without having to read a mountain of research reports.
Broker recommendations are made by brokerage firms (for example, JP Morgan) and are not an outright recommendation to buy or sell a share, but instead give an indication of how the broker thinks the company will perform relative to its sector. Their recommendations are issued over a particular period of time. The recommendations provided in the Research Centre are shown on a 75 day rolling basis. Each brokerage firm has its own way of rating that may make it difficult to compare broker recommendations between the brokerage houses.
For example, at one brokerage “buy” may be the strongest recommendation, while at another “buy” could be second to a “strong buy” rating. The second-highest ratings also have a number of different other names: “accumulate”, “outperform”, “moderate buy” or “overweight”.
Analysts on a consensus basis are expecting that the stock will reach $97.7 within the year.
Novice investors might be striving to create a trading strategy that produces results in the equity market. Once all the research is complete and the stocks are picked, they may need to decide what kind of time frame they will be working with in terms of buying and selling. Some investors will be making longer-term term plays, and others will be trying to make shorter-term moves. At some point, every investor will have to decide when to sell a winner and when to cut loose a loser. This can be one of the most difficult decisions to make. Investors may find it really hard to sell an underperforming stock when they still believe that it will turn around and move to profit. Waiting around for a turn around that may never come can lead to the undoing of a well crafted portfolio. Regularly staying on top of the markets may allow the investor to make educated buy or sell decisions when the time comes. This may involve following major economic data, studying company fundamentals, and checking in on historical price movement and trends. Investors who are able to keep their emotions in check might find themselves in a better position than those who let emotions get the best of them.
Research analysts are predicting that Ingersoll-Rand PLC (Ireland) (NYSE:IR) will report earnings of $1.03 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.
Ingersoll-Rand PLC (Ireland) (NYSE:IR) closed the last session at $86.25 and sees an average of 1909683.63 shares trade hands in each session. The 52-week low of the stock stands at $66.99 while the current level stands at 67.3% of the 52-week High-Low range. Looking further out we can see that the stock has moved 1.49% over the past 12 weeks and 14.94% year to date.
Most recently Ingersoll-Rand PLC (Ireland) (NYSE:IR) posted quarterly earnings of $1.44 which compared to the sell-side estimates of 1.43. The stock’s 12-month trailing earnings per share stands at $4.34. Shares have moved $-5.11 over the past month and more recently, $-4.86 over the past week heading into the earnings announcement. There are 9 analyst projections that were taken into consideration from respected brokerage firms.
Individual investors often have a lot to deal with when surveying the stock market landscape. Choosing stocks based on recent performance may not work out as well as planned. Stocks that were winners last year, last month, or even last week, may not be winners next week, next month, or next year. Digging into the fundamentals can help the investor see what stocks are set up for future success. Taking multiple approaches when viewing a certain security may help the investor put the puzzle together and see the bigger picture. Staying current on economic data can also help the investor obtain a broader sense of what is driving present market conditions.
4 analysts rate Ingersoll-Rand PLC (Ireland) a Buy or Strong Buy, which is 33.33% of all the analyst ratings.