Trane Technologies plc (TT)

NYSE
Currency in USD
400.86
+0.57(+0.14%)
Closed
After Hours
398.25-2.61(-0.65%)
TT Scorecard
Full Analysis
Has raised its dividend for 4 consecutive years
Earnings results expected in 4 days
Fair Value
Day's Range
398.82405.61
52 wk Range
250.77422.00
Key Statistics
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Prev. Close
400.29
Open
401.13
Day's Range
398.82-405.61
52 wk Range
250.77-422
Volume
1.04M
Average Volume (3m)
1.22M
1-Year Change
59.38%
Book Value / Share
33.64
Fair Value
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Fair Value Upside
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TT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
414.24
Upside
+3.34%
Members' Sentiments
Bearish
Bullish
ProTips
11 analysts have revised their earnings upwards for the upcoming period
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Trane Technologies plc Company Profile

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, telematic, control, energy efficiency and infrastructure program, geothermal, thermal energy, thermostats, rate chambers, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, diesel-powered, truck, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration and air filtration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers; and through sales and service companies with a supporting chain of distributors. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.

Trane Technologies plc SWOT Analysis


Climate Control Giant
Explore Trane Technologies' dominant position in HVAC and datacenter cooling solutions, driving impressive financial performance and market outperformance
Financial Strength
Delve into Trane's robust financial health, consistent earnings beats, and raised guidance, reflecting operational efficiency and market leadership
Growth Challenges
Uncover the potential impact of slowing Chinese market and moderating backlog growth on Trane's future performance and industry positioning
Analyst Perspectives
Discover varied analyst views on Trane's stock, with price targets ranging from $223 to $500, reflecting optimism tempered by valuation concerns
Read full SWOT analysis

Trane Technologies plc Earnings Call Summary for Q3/2024

  • Trane Technologies reports 11% organic revenue growth, 21% rise in adjusted EPS, and raises full-year guidance
  • Americas commercial HVAC segment revenue grew over 50% on a three-year stack; company projects 7% organic revenue growth for Q4
  • Strong performance expected in Americas and EMEA regions, despite challenges in China's non-residential markets
  • Company aims for fourth consecutive year of adjusted EPS growth over 20%, forecasts $11.10 for full-year adjusted EPS
  • Robust pipeline and strategic focus position Trane Technologies for continued growth, despite anticipated transport market downturn in 2024
Last Updated: 31/10/2024, 12:32
Read Full Transcript

Compare TT to Peers and Sector

Metrics to compare
TT
Peers
Sector
Relationship
P/E Ratio
36.1x24.5x11.9x
PEG Ratio
1.330.570.03
Price/Book
11.9x3.7x1.4x
Price / LTM Sales
4.7x2.5x1.2x
Upside (Analyst Target)
1.7%11.2%23.6%
Fair Value Upside
Unlock4.1%7.0%Unlock

Analyst Ratings

9 Buy
16 Hold
2 Sell
Ratings:
27 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 414.24
(+3.34% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 10.87
Dividend Yield
0.84%
Industry Median 1.17%
Annualised payout
3.3600
Paid quarterly
5-Years Growth
+9.05%
Growth Streak

Earnings

Latest Release
Oct 30, 2024
EPS / Forecast
3.37 / 3.24
Revenue / Forecast
5.40B / 5.31B
EPS Revisions
Last 90 days

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FAQ

What Is the Trane Technologies (TT) Premarket Price Today?

The Trane Technologies (TT) premarket price is . Premarket price change units: . Premarket percentage change: . Premarket volume: . Current date: 26 Jan 2025. Previous close: 400.29

What Stock Exchange Does Trane Technologies Trade On?

Trane Technologies is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Trane Technologies?

The stock symbol for Trane Technologies is "TT."

What Is the Trane Technologies (TT) Afterhours Price Today? (Afterhours variable test: ) Current Date: 26 Jan 2025

After hours price: . After hours price change (units): . Price change percentage:

What Is the Trane Technologies Market Cap?

As of today, Trane Technologies market cap is 90.20B.

What is Trane Technologies Earnings Per Share?

The Trane Technologies EPS is 10.87.

What Is the Next Trane Technologies Earnings Date?

Trane Technologies will release its next earnings report on 29 Jan 2025.

From a Technical Analysis Perspective, Is TT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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