IR Price Prediction Next Week
Based on the provided data and technical analysis, here is the prediction for IR's stock price next week:
Technical Analysis
- RSI at 49.52 indicates a neutral momentum, suggesting the stock is neither overbought nor oversold
- MACD at -0.92 shows bearish momentum in the short term
- Current price is below both 20-day SMA (91.15) and 200-day SMA (94.57), indicating bearish trend
Fibonacci Analysis
- Key resistance levels: R1 at 94.06, R2 at 96.14, R3 at 99.49
- Key support levels: S1 at 87.35, S2 at 85.27, S3 at 81.91
- Pivot point at 90.70
News Analysis
- Upcoming Q4 earnings release on February 13, with analysts expecting EPS of $0.81
- Company received positive rating from Peter Lynch-based model, scoring 69%
- Stock has underperformed broader market indices over past year with 18.6% gain vs S&P 500's 26.5% gain
Price Target for Next Week Based on technical indicators and upcoming earnings:
- Most likely scenario (60% probability): Stock will trade between 87.35-90.70
- Bullish scenario (20% probability): Break above 94.06
- Bearish scenario (20% probability): Drop below 87.35
Trading Recommendation: SELL
- Current technical indicators show bearish momentum
- Stock trading below key moving averages
- Underperformance relative to broader market
- Upcoming earnings uncertainty could add volatility
Target entry for short positions: Current market price Stop loss: 94.06 (R1 resistance) Target exit: 87.35 (S1 support)
IR Similar Chart Price Prediction
The price of IR is predicted to go up -0.98%, based on the high correlation periods with FE. The similarity of these two price pattern on the periods is 97.64%.
IR
FE
Down: -0.98%Similarity: 97.64%
IR Revenue Forecast
IR EPS Forecast
IR FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
IR VS S&P500
Ingersoll Rand generates a healthy stream of recurring revenue, which accounts for roughly 36% of revenue.
The company has a solid record of driving margin expansion.
Ingersoll Rand is well positioned to maintain an active M&A strategy, thanks to its strong balance sheet.
IR Analyst's Forecast
Andrew Kaplowitz
Citigroup
Strong Buy
Price Target
$119 → $115
Upside
+30.42%
Citi lowered the firm's price target on Ingersoll-Rand to $115 from $119 and keeps a Buy rating on the shares. The Q4 earnings for industrial conglomerates and electrical equipment names should be largely in-line with expectations and reflective of "still mixed" underlying demand trends among industrial end markets with currency headwinds contributing to some earnings pressure that likely limits potential upside, the analyst tells investors in a research note. The firm says that with investors focused on 2025, it sees some "ongoing bifurcation" with respect to growth expectations as likely to continue into the new year. Citi's top picks into Q4 include Flowserve (FLS), Vertiv (VRT), Dover (DOV), and Honeywell (HON).
Julian Mitchell
Barclays
Buy
Price Target
$120 → $115
Upside
+28.88%
Andrew Kaplowitz
Citigroup
Strong Buy
Price Target
$112 → $119
Upside
+16.05%