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Barchart
Neharika Jain

Ingersoll Rand Stock: Is Wall Street Bullish or Bearish?

Davidson, North Carolina-based Ingersoll Rand Inc. (IR) provides mission-critical air, fluid, energy, and medical technologies, services, and solutions. Valued at a market cap of $30.3 billion, the company serves a wide range of industries, including manufacturing, oil & gas, aerospace, life sciences, food & beverage, and water treatment. 

This industrial company has considerably lagged behind the broader market over the past 52 weeks. Shares of IR have declined 21.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17.7%. Moreover, on a YTD basis, the stock is down 15.6%, compared to SPX’s 16.6% uptick.

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