NYSE:IR qualifies as a high growth stock and is consolidating.

Last update: Jul 3, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if INGERSOLL-RAND INC (NYSE:IR) is suited for growth investing, while it is forming a base and may be ready to breakout. Investors should of course do their own research, but we spotted INGERSOLL-RAND INC showing up in our growth with base formation screen, so it may be worth spending some more time on it.

Assessing Growth Metrics for NYSE:IR

ChartMill assigns a Growth Rating to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth elements, including EPS and revenue growth, spanning both historical and future figures. In the case of NYSE:IR, the assigned 8 reflects its growth potential:

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.
IR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.50% yearly.
IR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.41%.
The Revenue has been growing by 20.65% on average over the past years. This is a very strong growth!
IR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.77% yearly.
IR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.51% yearly.
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

What does the Health looks like for NYSE:IR

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

IR has an Altman-Z score of 4.94. This indicates that IR is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 4.94, IR is doing good in the industry, outperforming 75.59% of the companies in the same industry.
The Debt to FCF ratio of IR is 2.22, which is a good value as it means it would take IR, 2.22 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.22, IR belongs to the top of the industry, outperforming 81.10% of the companies in the same industry.
IR has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.27, IR is doing good in the industry, outperforming 66.93% of the companies in the same industry.
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.
With a decent Quick ratio value of 1.71, IR is doing good in the industry, outperforming 72.44% of the companies in the same industry.

Profitability Insights: NYSE:IR

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:IR has achieved a 7:

IR has a better Return On Assets (5.28%) than 60.63% of its industry peers.
The 3 year average ROIC (5.30%) for IR is below the current ROIC(7.37%), indicating increased profibility in the last year.
IR's Profit Margin of 11.85% is fine compared to the rest of the industry. IR outperforms 79.53% 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 86.61% of the companies in the same industry.
IR has a better Gross Margin (42.86%) than 83.46% of its industry peers.
IR's Gross Margin has improved in the last couple of years.

How does the Setup look for NYSE:IR

Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NYSE:IR currently holds a 7 as its setup rating, suggesting a particular level of consolidation in the stock.

Besides having an excellent technical rating, IR also presents a decent setup pattern. Prices have been consolidating lately.

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

For an up to date full fundamental analysis you can check the fundamental report of IR

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

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.