Technical Perspectives on Machinery Stocks -- Ingersoll-Rand, ITT Inc., Milacron, and Rexnord
NEW YORK, Feb. 12, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on IR, ITT, MCRN, and RXN which can be accessed for free by signing up to www.wallstequities.com/registration. Today's research on WallStEquities.com is centered on the Diversified Machinery category, which comprises companies that are primarily focused on manufacturing and selling industrial machinery products to other businesses. This group's dividend yield is below average, similar to most industries in the Industrial Goods sector. Equities under review this morning are: Ingersoll-Rand PLC (NYSE: IR), ITT Inc. (NYSE: ITT), Milacron Holdings Corp. (NYSE: MCRN), and Rexnord Corp. (NYSE: RXN). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Ingersoll-Rand
Swords, Ireland headquartered Ingersoll-Rand PLC's stock finished last Friday's session 1.78% higher at $89.16. A total volume of 2.35 million shares was traded, which was above their three months average volume of 1.79 million shares. The Company's shares have advanced 4.06% over the previous three months and 10.32% over the past year. The stock is trading above its 200-day moving average by 0.20%. Additionally, shares of Ingersoll-Rand, which designs, manufactures, sells, and services industrial and commercial products, have a Relative Strength Index (RSI) of 44.61.
On February 01st, 2018, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $101 a share to $112 a share.
On February 07th, 2018, Ingersoll-Rand's Board of Directors declared a quarterly dividend of $0.45 cents per ordinary share, payable March 30th, 2018, to shareholders of record on March 09th, 2018. Get the full research report on IR for free by clicking below at: www.wallstequities.com/registration/?symbol=IR
ITT Inc.
On Friday, shares in White Plains, New York headquartered ITT Inc. ended the session 0.22% higher at $50.49. The stock recorded a trading volume of 565,573 shares. The Company's shares have gained 23.84% over the past year. The stock is trading 10.79% above its 200-day moving average. Moreover, shares of ITT Inc., which manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide, have an RSI of 26.63.
On January 23rd, 2018, research firm UBS initiated a 'Sell' rating on the Company's stock.
On January 31st, 2018, ITT Inc. announced that it will release its Q4 and full-year 2017 financial results, as well as its outlook for full-year 2018, on February 16th, 2018, at 6:45 a.m. ET. That same day at 9:00 a.m. ET, senior management will review these results, comment on current conditions, and answer questions during an investor briefing. The briefing can be accessed live under the investors section of the Company's website. Access the free research report on ITT now by signing up at: www.wallstequities.com/registration/?symbol=ITT
Milacron Holdings
Cincinnati, Ohio headquartered Milacron Holdings Corp.'s shares declined slightly by 0.62%, closing the session at $17.59. A total volume of 555,038 shares was traded, which was above their three months average volume of 516,100 shares. The stock has gained 2.69% over the previous three months. The stock is trading 0.65% below their 200-day moving average. Shares of Milacron have an RSI of 32.37.
On February 06th, 2018, Milacron announced that its Q4 2017 financial results will be released on February 20th, 2018, before the market open. The Company will hold a conference call at 8:00 a.m. ET that same day. The live webcast of the call, along with the earnings press release and related presentation materials, can be accessed on the Company's Investor Relations website. Are you already registered with Wall St. Equities? Do so now for free, and get the report on MCRN at: www.wallstequities.com/registration/?symbol=MCRN
Rexnord
Last Friday at the close, shares in Milwaukee, Wisconsin-based Rexnord Corp. recorded a trading volume of 1.06 million shares, which was above their three months average volume of 937,880 shares. The stock ended the session 0.37% higher at $26.81. The Company's shares have advanced 9.07% over the previous three months and 20.49% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.14% and 8.43%, respectively. Furthermore, shares of Rexnord have an RSI of 44.17.
On January 31st, 2018, Rexnord reported its financial results for the Q3 FY18. Net sales were $492 million, net income was $76 million, and adjusted EBITDA was $95 million. Todd A. Adams, President and CEO, commented: "We now project fiscal 2018 net income to be in a range of $155 million to $159 million, adjusted EBITDA to be in a range of $381 million to $387 million, and our free cash flow to exceed net income." Aspiring Member, please take a moment to register below for your free research report on RXN at: www.wallstequities.com/registration/?symbol=RXN
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