Is IR a good stock to buy?
We came across a bullish thesis on Ingersoll Rand Inc. on r/investing_discussion by Variant_Invest
In this article, we will summarize the bulls’ thesis on IR. Ingersoll Rand Inc.’s share was trading at $73.91 as of June 9th. IR’s trailing and forward P/E were 49.94 and 21.37 respectively according to Yahoo Finance.
Suwin/ Ingersoll Rand Inc. provides various mission-critical air, fluid, clean energy, and medical technologies services and solutions worldwide. IR is increasingly being mischaracterized by the market as a traditional cyclical industrial machinery company, even though its underlying business model has materially shifted toward a recurring-revenue platform with significantly higher earnings quality and durability. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential Over the past several years, IR has executed an inorganic expansion strategy across compressed air, vacuum, and fluid management solutions, transforming approximately $525 million of acquired EBITDA into nearly $2.5 billion through a disciplined 80/20 efficiency framework that has amplified margins and cash flow conversion. More importantly, the company has been steadily increasing its services attach rate, converting one-time equipment sales into long-duration service and aftermarket contracts, which fundamentally reduces cyclicality and enhances predictability of revenues.