Market Update: Ingersoll-Rand Plc (NYSE:IR) – Market Influences Driving Equities – Analyst Notes on Mosaic, Ingersoll-Rand, Dover and Polaris Industries

[Accesswire] – NEW YORK, NY / ACCESSWIRE / February 11, 2016 / Moments ago, Trader’s Choice released new research updates concerning several important developing situations including the following equities: Mosaic Co. … Read more on this. Ingersoll-Rand Plc (IR) , currently valued at $12.74B, opened this morning at $48.63. Looking at the equity, the company’s one day range is $48.52 to $49.61 with the price of the stock fluctuating between $47.08 to $70.93 over the last 52 weeks. IR shares are currently priced at 13.30x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 13.85x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.28 per share annually in dividends, yielding 2.49%. In a review of the consensus earnings estimate this quarter, 21 sell-side analysts are looking at $0.93 per share, which would be $0.11 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $3.72, which would be a $0.39 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.30 Billion. If reported, that would be a 1.85% increase over the year-ago quarter. In terms of ratings, Stifel upgraded IR from Hold to Buy (Jul 13, 2015). Previously, Argus upgraded IR from Hold to Buy. Given all the information above, we should disclose to readers that the average price target is $64.14, which is 31.89% above than it opened this morning. See more in (NYSE:IR) Similar Articles: Stock Update: Ingersoll-Rand Plc (NYSE:IR) – Ingersoll Rand Marks Climate Commitment Achievement at White House HFC Reduction Roundtable Company Update: Ingersoll-Rand Plc (NYSE:IR) – Ingersoll Rand Introduces New TURBO-AIR NX 8000 Integrally Geared Centrifugal Compressor Company Update: Ingersoll-Rand Plc (NYSE:IR) – Blake Koch Will Turn the Corners at Bristol Motor Speedway in Ingersoll Rand No. 8 Car this Weekend