Ingersoll Rand Inc

IR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$16.00	Swvxn	Gktflqhxr

Ingersoll-Rand Raises Full-Year Outlook After Solid First Quarter; Increasing Fair Value Estimate

Krzysztof Smalec

May 5, 2022

Narrow-moat-rated Ingersoll-Rand posted solid first-quarter results, featuring 18% revenue growth and a 24% increase in adjusted EBITDA compared with the same period last year. We’ve bumped our fair value estimate for Ingersoll-Rand to $60 from $59, mostly due to time value of money. We see the name as undervalued, with shares currently trading in 4-star territory.

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