Trane Technologies plc (TT)

NYSE
Currency in USD
350.06
+6.00(+1.74%)
Closed
After Hours
350.060.00(0.00%)
TT Scorecard
Full Analysis
Has a perfect Piotroski Score of 9
Fair Value
Day's Range
343.34352.54
52 wk Range
286.32422.00
Key Statistics
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Prev. Close
344.06
Open
344.43
Day's Range
343.34-352.54
52 wk Range
286.32-422
Volume
1.02M
Average Volume (3m)
1.52M
1-Year Change
17.92%
Book Value / Share
33.14
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
402.37
Upside
+14.94%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 4 consecutive years
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Trane Technologies 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


Data Center Dominance
Explore Trane's strategic positioning in the booming data center market, leveraging its expertise as a primary HVAC supplier to hyperscalers
Financial Resilience
Discover how Trane's diverse portfolio and global presence contribute to its consistent outperformance, with recent earnings surpassing expectations
Market Challenges
Learn about Trane's proactive approach to navigating economic slowdowns in key markets like China and managing credit risks in the region
Future Outlook
Delve into analyst projections for Trane, with price targets ranging from $390 to $398, reflecting optimism tempered by valuation concerns
Read full SWOT analysis

Trane Technologies plc Earnings Call Summary for Q4/2024

  • Trane Technologies beats Q4 2024 forecasts with EPS of $2.61 and revenue of $4.87 billion, surpassing expectations
  • Company projects 7-8% organic revenue growth for 2025 and adjusted EPS of $12.70-$12.90, a 13-15% increase
  • Strong backlog of $6.75 billion entering 2025; organic revenue growth at 10% for full year 2024
  • Stock rises 1.08% in premarket trading; company maintains 54-year dividend payment streak
  • CEO highlights innovation and sustainability focus; analysts' targets range from $223 to $500 per share
Last Updated: 31/01/2025, 14:14
Read Full Transcript

Compare TT to Peers and Sector

Metrics to compare
TT
Peers
Sector
Relationship
P/E Ratio
30.3x22.3x11.8x
PEG Ratio
1.060.820.03
Price/Book
10.5x3.3x1.4x
Price / LTM Sales
4.0x2.3x1.2x
Upside (Analyst Target)
19.2%19.4%24.4%
Fair Value Upside
Unlock7.0%7.7%Unlock

Analyst Ratings

7 Buy
17 Hold
2 Sell
Ratings:
26 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 402.37
(+14.94% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 11.35%
Dividend Yield
0.98%
Industry Median 1.15%
Annualised payout
3.36
Paid quarterly
5-Years Growth
+9.65%
Growth Streak

Earnings

Latest Release
Jan 30, 2025
EPS / Forecast
2.61 / 2.52
Revenue / Forecast
4.87B / 4.77B
EPS Revisions
Last 90 days

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FAQ

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

The Trane Technologies stock price today is 350.06

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."

Does Trane Technologies Pay Dividends? What’s The Current Dividend Yield?

The Trane Technologies dividend yield is 1.07%.

What Is the Trane Technologies Market Cap?

As of today, Trane Technologies market cap is 78.61B.

What is Trane Technologies Earnings Per Share?

The Trane Technologies EPS is 11.35.

What Is the Next Trane Technologies Earnings Date?

Trane Technologies will release its next earnings report on 29 Apr 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 Buy.
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