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Trane Technologies (TT)
NYSE:TT
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TT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$184.02 - $387.71
Previous Close$384.93
Volume1.91M
Average Volume (3M)1.24M
Market Cap
$86.87B
Enterprise Value$91.28B
Total Cash (Recent Filing)$874.60M
Total Debt (Recent Filing)$5.27B
Price to Earnings (P/E)38.1
Beta1.24
Next Earnings
Oct 30, 2024EPS Estimate
$3.22Last Dividend Ex-Date
Sep 06, 2024Dividend Yield0.83%
Share Statistics
EPS (TTM)10.11
Shares Outstanding225,670,231
10 Day Avg. Volume1,127,411
30 Day Avg. Volume1,244,910
Standard Deviation0.09
R-Squared0.49
Alpha0.00906
Financial Highlights & Ratios
Price to Book (P/B)12.50
Price to Sales (P/S)4.61
Price to Cash Flow (P/CF)31.20
P/FCF Ratio32.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.85
Enterprise Value/Gross Profit15.58
Enterprise Value/Ebitda27.29
Forecast
1Y Price Target
$366.43Price Target Upside-4.81% Downside
Rating ConsensusHold
Number of Analyst Covering11
Trane Technologies News
Bulls Say, Bears Say
Bulls Say
Backlog And OrdersCommercial HVAC organic bookings were up 30% in the Americas and 20% globally, driving a backlog of $7.5 billion.
EarningsTT reported 1Q adjusted EPS of $1.94, surpassing both the internal estimate of $1.66 and the Street consensus of $1.65.
Financial PerformanceQ2 revealed strong CHVAC/residential HVAC orders and sales, high incremental margin, leading to an upward guidance reset.
Bears Say
Analyst RatingDespite strong performance, the analyst maintains a Neutral rating, seeing better risk/reward opportunities elsewhere.
Sales ForecastThermoKing (TK) is expected to see sales decline in the second half.
ValuationValuation looks expensive compared to its peers.
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Ownership Overview
7.10% Insiders
25.80% Mutual Funds
35.10% Other Institutional Investors
32.01% 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 $184.02 and its highest was $387.71 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 Oct 30, 2024 which is 27 days ago.
How were Trane Technologies’s earnings last quarter?
Trane Technologies released its earnings results on Jul 31, 2024. The company reported $3.3 earnings per share for the quarter, beating the consensus estimate of $3.085 by $0.215.
Is Trane Technologies overvalued?
According to Wall Street analysts Trane Technologies’s price is currently Overvalued.
Does Trane Technologies pay dividends?
Trane Technologies pays a Quarterly dividend of $0.84 which represents an annual dividend yield of 0.83%. See more information on Trane Technologies dividends here
What is Trane Technologies’s EPS estimate?
Trane Technologies’s EPS estimate is $3.22.
How many shares outstanding does Trane Technologies have?
Trane Technologies has 225,670,230 shares outstanding.
What happened to Trane Technologies’s price movement after its last earnings report?
Trane Technologies reported an EPS of $3.3 in its last earnings report, beating expectations of $3.085. Following the earnings report the stock price went up 1.658%.
Which hedge fund is a major shareholder of Trane Technologies?
Among the largest hedge funds holding Trane Technologies’s share is Fisher Asset Management LLC. It holds Trane Technologies’s shares valued at 674M.
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Trane Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$366.43 (-4.81% Downside)
$366.43 (-4.81% Downside)
Blogger Sentiment
Bullish
TT Sentiment 87%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 6.5%
Last 30 Days ▲ 15.9%
Last 30 Days ▲ 15.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
93.47%
12-Months-Change
Fundamentals
Return on Equity
35.59%
Trailing 12-Months
Asset Growth
6.84%
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
Q2 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
$366.43
▼(-4.81% Downside)
Technical Analysis
Best Analysts Covering TT
1 Year
1 Year Success Rate
22/23 ratings generated profit
1 Year Average Return
+52.73%
reiterated a buy rating 7 months 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 +52.73% per trade.
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