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Trane Technologies (TT)
NYSE:TT
Holding TT?
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TT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$244.11 - $422.00
Previous CloseN/A
Volume238.73K
Average Volume (3M)1.13M
Market Cap
$87.50B
Enterprise Value$91.99B
Total Cash (Recent Filing)$1.71B
Total Debt (Recent Filing)$3.71B
Price to Earnings (P/E)35.8
Beta1.44
Next Earnings
Jan 30, 2025EPS Estimate
2.53Last Dividend Ex-Date
Dec 06, 2024Dividend Yield0.87%
Share Statistics
EPS (TTM)10.78
Shares Outstanding225,023,860
10 Day Avg. Volume1,149,351
30 Day Avg. Volume1,128,105
Standard Deviation0.09
R-Squared0.50
Alpha0.00869
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.47
Price to Cash Flow (P/CF)16.70
P/FCF Ratio17.20
Enterprise Value/Market Cap1.05
Enterprise Value/Revenue4.74
Enterprise Value/Gross Profit15.71
Enterprise Value/Ebitda26.12
Forecast
1Y Price Target
$439.20Price Target Upside12.95% Upside
Rating ConsensusHold
Number of Analyst Covering15
Trane Technologies News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceTrane has been executing tremendously well, leading to strong performance despite high valuation scrutiny.
Operational EfficiencyOperating margins expanded significantly in the Americas and EMEA, indicating efficient operational execution.
Regional GrowthThe Americas showed strong growth with bookings up 8% and organic sales increasing by 15%.
Bears Say
Asia-Pacific PerformanceAsia-Pacific orders decreased by 31%, with significant declines in China, reflecting a slowdown in non-residential markets.
China Market ImpactChina weakness extreme, with bookings down more than 50% and revenues down approximately 45%.
Order And Revenue ChallengesSlowing bookings growth, and sharp China drop-off weighing on sentiment.
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Ownership Overview
0.28% Insiders
24.19% Mutual Funds
0.46% Other Institutional Investors
53.48% 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 $244.11 and its highest was $422.00 in the past 12 months.
What is Trane Technologies’s market cap?
Trane Technologies’s market cap is $87.50B.
When is Trane Technologies’s upcoming earnings report date?
Trane Technologies’s upcoming earnings report date is Jan 30, 2025 which is in 12 days.
How were Trane Technologies’s earnings last quarter?
Trane Technologies released its earnings results on Oct 30, 2024. The company reported $3.37 earnings per share for the quarter, beating the consensus estimate of $3.244 by $0.126.
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 $3.356 which represents an annual dividend yield of 0.87%. See more information on Trane Technologies dividends here
What is Trane Technologies’s EPS estimate?
Trane Technologies’s EPS estimate is 2.53.
How many shares outstanding does Trane Technologies have?
Trane Technologies has 225,023,860 shares outstanding.
What happened to Trane Technologies’s price movement after its last earnings report?
Trane Technologies reported an EPS of $3.37 in its last earnings report, beating expectations of $3.244. Following the earnings report the stock price went down -3.858%.
Which hedge fund is a major shareholder of Trane Technologies?
Currently, no hedge funds are holding shares in TT
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Trane Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$439.20 (12.95% Upside)
$439.20 (12.95% Upside)
Blogger Sentiment
Bullish
TT Sentiment 88%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 291.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
59.98%
12-Months-Change
Fundamentals
Return on Equity
32.51%
Trailing 12-Months
Asset Growth
10.58%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, particularly in the Americas with significant revenue and booking growth, alongside a robust services segment. However, challenges were notable in the Asia Pacific region, especially in China, due to market conditions and credit policy changes. Despite these challenges, the company demonstrated resilience and confidence in future growth, raising its full-year guidance.Read More>---
TT Revenue Breakdown
78.25% Americas
13.58% EMEA
8.17% APAC
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TT Stock 12 Month Forecast
Average Price Target
$439.20
▲(12.95% Upside)
Technical Analysis
Carrier Global
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Johnson Controls
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Ingersoll Rand
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Lennox International
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A. O. Smith Corporation
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Aaon
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Best Analysts Covering TT
1 Year
1 Year Success Rate
20/23 ratings generated profit
1 Year Average Return
+48.35%
reiterated a buy rating 5 days ago
Copying Andrew Kaplowitz's trades and holding each position for 1 Year would result in 86.96% of your transactions generating a profit, with an average return of +48.35% per trade.
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