Summary Assa Abloy AB - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Assa Abloy AB (ASSA) is a provider of security solutions. Its primary activities include the development and distribution of home security systems and advanced biometric technology. The company's product ...
A director at Ingersoll Rand Inc sold/sold after exercising options 35,000 shares at 89.460USD and the significance rating of the trade was 88/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's director...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Following their respective earnings releases, two industrials Spinoffs will exit the Model Portfolio after providing strong returns (though for both we do see further upside for longer-term investors). In its first earnings since the unique European Spin-Merger, Metso Outotec Corp. (MOCORP FH) has given a +37% return in less than two months, while Ingersoll Rand, Inc. (IR) beats estimates with signs of a recovery, and as returned an adjusted +54% since its entry in early March 2020. Earnings Up...
In-line with the previous successful Spinoff of its commercial and residential security business Allegion Plc (ALLE, which has more than doubled its share price since listing), Ingersoll-Rand Plc (IR) is prepared for its Reverse Morris Trust (RMT) transaction of its Industrials business to be merged with listed Gardner Denver Holdings, Inc. (GDI), which will become a global leader in mission-critical flow creation and industrial technologies. The Edge View... As a result of this RMT, Ingersoll-...
Small-Caps Testing Critical Resistance; Downgrading Communications As bullish developments pile up, the weight-of-the-evidence continues to support our belief that we may be in the early stages of a broad-based advance. There are some developments that leave us wanting more, but we are inching toward an outright bullish outlook. • The Failure of a Bearish Pattern is Bullish. We often know the implied direction (up or down) that a specific chart pattern is likely to resolve based on historica...
Dramatic improvement Encouraging developments continue to pour in. Over the past week we have seen dramatic improvements that could be setting the stage for a broad-based advance. We highlight these improvements below, along with what we would like to see in order to have confidence in labeling this a bull market. • 10-year Treasury yield. We continue to believe that a bottom in Treasury yields is necessary before we see a decisive breakout for the broad equity market. We are seeing signs of...
With Ingersoll-Rand’s (IR) earnings out tomorrow (Oct 29), we expect the management to give further clarity around its Q1 2020 Reverse Morris Trust transaction with listed Gardner Denver Holdings, Inc. (GDI). With our early analysis (assuming a 1:1 ratio), we’ve explored the pre-Spin opportunity of entering now, possibility of an S&P 500 listing for new GDI as well as our longer-term view in the pure-play Climate space. As we get further intel from its first RMT prospectus, we’ll update ou...
The general evaluation of INGERSOLL-RAND PLC. (US), a company active in the Industrial Machinery industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date June 28, 2019, the closing pr...
Key Points: • A number of restaurants are bullishly inflecting, trending up and to the right (ex. JACK, DIN, SHAK, YUM, WING, and MCD) • Auto Parts Retailers and Auto Dealerships continue to be leadership (ex. AZO, ORLY, KMX, LAD) • A number of Technology Sector names have pulled back to support or are leadership in the Sector (ex. UCTT, BRKS, CY, RMBS, XLNX, SLAB, EGHT, SPSC, TTEC, TSS, and PYPL)
Narrow-moat rated Ingersoll Rand announced both its first-quarter results and the pending combination of its industrial segment with publicly traded Gardner Denver. The latter announcement confirms an earlier report by The Wall Street Journal, which we discussed in our April 29 analyst note. Ingersoll Rand’s industrial segment ($3.3 billion sales and $534 million adjusted EBITDA in 2018) will be spun-off tax-free to shareholders and will then immediately merge with Gardner Denver. This newly ...
Narrow-moat rated Ingersoll Rand announced both its first-quarter results and the pending combination of its industrial segment with publicly traded Gardner Denver. The latter announcement confirms an earlier report by The Wall Street Journal, which we discussed in our April 29 analyst note. Ingersoll Rand’s industrial segment ($3.3 billion sales and $534 million adjusted EBITDA in 2018) will be spun-off tax-free to shareholders and will then immediately merge with Gardner Denver. This newly ...
Narrow-moat rated Ingersoll Rand announced both its first-quarter results and the pending combination of its industrial segment with publicly traded Gardner Denver. The latter announcement confirms an earlier report by The Wall Street Journal, which we discussed in our April 29 analyst note. Ingersoll Rand’s industrial segment ($3.3 billion sales and $534 million adjusted EBITDA in 2018) will be spun-off tax-free to shareholders and will then immediately merge with Gardner Denver. This newly f...
Ingersoll Rand’s stock opened the April 29 trading day up 5% following a Wall Street Journal report that claimed a merger between Ingersoll Rand’s industrial segment and Gardner Denver is imminent. Per the report, Ingersoll Rand shareholders will receive a mix of cash and Gardner Denver stock, and a Reverse Morris Trust structure will allow Ingersoll Rand to avoid taxes on the divestiture. Sources told The Wall Street Journal that the combined business will have an enterprise value of appro...
Ingersoll Rand’s stock opened the April 29 trading day up 5% following a Wall Street Journal report that claimed a merger between Ingersoll Rand’s industrial segment and Gardner Denver is imminent. Per the report, Ingersoll Rand shareholders will receive a mix of cash and Gardner Denver stock, and a Reverse Morris Trust structure will allow Ingersoll Rand to avoid taxes on the divestiture. Sources told The Wall Street Journal that the combined business will have an enterprise value of appro...
Ingersoll Rand is a leading supplier of climate control and industrial products and services, and the firm boasts a portfolio of reputable brands. The company’s climate segment is a dominant player in HVAC systems (63% of consolidated sales) with its Trane and American Standard brands and in transportation refrigeration (15% of sales) with its Thermo King brand. The climate segment has been a strong performer in recent years; over the past five years, organic sales growth has averaged over 6%,...
On Feb. 11, narrow-moat-rated Ingersoll-Rand announced its intention to acquire Precision Flow Systems, a leading manufacturer of fluid management systems, for $1.45 billion, funded via cash and debt. Ingersoll-Rand's management expects the deal to close in mid-2019 and for it to be accretive to EPS and cash flow return on invested capital during its first year under Ingersoll-Rand's ownership. The announced purchase price values PFS at approximately 3.6 times 2018 revenue of $400 million and 11...
On Feb. 11, narrow-moat-rated Ingersoll-Rand announced its intention to acquire Precision Flow Systems, a leading manufacturer of fluid management systems, for $1.45 billion, funded via cash and debt. Ingersoll-Rand's management expects the deal to close in mid-2019 and for it to be accretive to EPS and cash flow return on invested capital during its first year under Ingersoll-Rand's ownership. The announced purchase price values PFS at approximately 3.6 times 2018 revenue of $400 million and 11...
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