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Trane Technologies (TT)
NYSE:TT
Trane Technologies (TT) Stock Price & Analysis
639 Followers
TT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$160.43 - $335.28
Previous Close$324.72
Volume908.44K
Average Volume (3M)957.79K
Market Cap
$73.50B
Enterprise Value$77.21B
Total Cash (Recent Filing)$1.10B
Total Debt (Recent Filing)$4.78B
Price to Earnings (P/E)34.7
Beta1.23
Next Earnings
Jul 31, 2024EPS Estimate
$3.07Next Dividend Ex-Date
Jun 07, 2024Dividend Yield0.93%
Share Statistics
EPS (TTM)9.36
Shares Outstanding226,352,436
10 Day Avg. Volume852,733
30 Day Avg. Volume957,792
Standard Deviation0.09
R-Squared0.50
Alpha0.00920
Financial Highlights & Ratios
Price to Book (P/B)-29.41
Price to Sales (P/S)4.16
Price to Cash Flow (P/CF)20.00
P/FCF Ratio20.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.37
Enterprise Value/Gross Profit8.33
Enterprise Value/Ebitda27.46
Forecast
1Y Price Target
$330.27Price Target Upside0.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Trane Technologies News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company's backlog ended at $7.7bn up from the previous year end, providing visibility.
Growth PotentialAnalyst raises price target to $325 based on higher estimates and sustained business momentum.
Operational StrengthCommercial HVAC bookings surged, indicating strong demand across various industries.
Bears Say
Market PerformanceDespite strong performance and raised estimates, the analyst maintains a Neutral rating due to better risk/reward opportunities elsewhere.
SalesNA residential HVAC sales were down high-teens year-over-year in Q4, though bookings were up high-single-digits.
ValuationEven factoring in upside earnings risk, valuation looks expensive versus the group.
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Ownership Overview
7.08% Insiders
26.51% Mutual Funds
35.66% Other Institutional Investors
30.76% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TT FAQ
What was Trane Technologies’s price range in the past 12 months?
Trane Technologies lowest stock price was $160.43 and its highest was $335.28 in the past 12 months.
What is Trane Technologies’s market cap?
Currently, no data Available
When is Trane Technologies’s upcoming earnings report date?
Trane Technologies’s upcoming earnings report date is Jul 31, 2024 which is in 74 days.
How were Trane Technologies’s earnings last quarter?
Trane Technologies released its earnings results on Apr 30, 2024. The company reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.29.
Is Trane Technologies overvalued?
According to Wall Street analysts Trane Technologies’s price is currently Undervalued.
Does Trane Technologies pay dividends?
Trane Technologies pays a Quarterly dividend of $0.84 which represents an annual dividend yield of 0.93%. See more information on Trane Technologies dividends here
What is Trane Technologies’s EPS estimate?
Trane Technologies’s EPS estimate is $3.07.
How many shares outstanding does Trane Technologies have?
Trane Technologies has 226,352,430 shares outstanding.
What happened to Trane Technologies’s price movement after its last earnings report?
Trane Technologies reported an EPS of $1.94 in its last earnings report, beating expectations of $1.65. Following the earnings report the stock price went up 5.478%.
Which hedge fund is a major shareholder of Trane Technologies?
Among the largest hedge funds holding Trane Technologies’s share is Generation Investment Management LLP. It holds Trane Technologies’s shares valued at 738M.
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Trane Technologies Stock Smart Score
Neutral
1
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Analyst Consensus
Moderate Buy
Average Price Target:
$330.27 (0.50% Upside)
$330.27 (0.50% Upside)
Blogger Sentiment
Bullish
TT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 622.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.6%
Last 30 Days ▲ 3.9%
Last 30 Days ▲ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
90.60%
12-Months-Change
Fundamentals
Return on Equity
33.73%
Trailing 12-Months
Asset Growth
8.07%
Trailing 12-Months
Company Description
Trane Technologies
Ireland-based Trane Technologies plc is a diversified industrial manufacturing company formed by the merger of Ingersoll-Sergeant Drill Company and Rand Drill Company. The company provides climate control solutions for buildings, homes, and transportation.
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TT Company Deck
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TT Earnings Call
Q1 2024
0:00 / 0:00
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TT Revenue Breakdown
78.25% Americas
13.58% EMEA
8.17% APAC
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TT Stock 12 Month Forecast
Average Price Target
$330.27
▲(0.50% Upside)
Technical Analysis
Best Analysts Covering TT
1 Year
1 Year Success Rate
22/23 ratings generated profit
1 Year Average Return
+47.94%
reiterated a buy rating 18 days ago
Copying Andrew Kaplowitz's trades and holding each position for 1 Year would result in 95.65% of your transactions generating a profit, with an average return of +47.94% per trade.
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