Why Ingersoll Rand (IR) is a Top Growth Stock for the Long-Term

Core Insights - Zacks Premium offers tools to enhance investor confidence and market engagement through daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum, providing a framework for investors to identify securities likely to outperform the market in the short term [2] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [2] Value Score - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [2] Growth Score - The Growth Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [3] Momentum Score - The Momentum Score assesses stocks based on price trends and earnings estimate changes, helping investors capitalize on upward or downward price movements [3] VGM Score - The VGM Score combines the three Style Scores, providing a comprehensive indicator for selecting stocks with strong value, growth, and momentum characteristics [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to identify stocks with high potential returns, with 1 (Strong Buy) stocks averaging a +25.41% annual return since 1988 [5] - There are over 800 top-rated stocks available, making it essential for investors to utilize Style Scores alongside the Zacks Rank for optimal stock selection [6] Stock to Watch: Ingersoll Rand (IR) - Ingersoll Rand Inc. is rated 3 (Hold) on the Zacks Rank, with a VGM Score of B and a Growth Style Score of B, indicating potential for growth [8] - The company forecasts a year-over-year earnings growth of 21.6% for the current fiscal year, with an upward revision in earnings estimates [8] - The Zacks Consensus Estimate for IR has increased by $0.03 to $2.87 per share, with an average earnings surprise of 16.1% [8]