TT

Trane Technologies PLC

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Advanced Chart

321.450

+5.280(+1.670%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

329.310

Open

324.960

VWAP

325.26

Vol

946.92K

Mkt Cap

70.91B

Low

315.325

Amount

307.99M

EV/EBITDA(TTM)

20.28

Total Shares

226.35M

78.78B

EV/OCF(TTM)

24.79

P/S(TTM)

3.88

Trane Technologies PLC is a global climate innovator. Through its brands, such as Trane and Thermo King, and its portfolio of products and services, it brings climate solutions to buildings, homes, and transportation. Its segments include the America...Show More

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q1

FY2025Q2

FY2025Q3

4.46B

+5.87%

2.199

+13.33%

5.70B

+7.36%

3.773

+14.33%

5.91B

+8.6%

3.901

+15.75%

Estimates Revision

The market is revising Upward the revenue expectations for Trane Technologies plc (TT) for FY2025, with the revenue forecasts being adjusted by 0.54% over the past three months. During the same period, the stock price has changed by -16.74%.

Revenue Estimates for FY2025

Revise Upward

+0.54%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+1.16%

In Past 3 Month

Stock Price

Go Down

-16.74%

In Past 3 Month

12 Analyst Rating

32.07% Upside

Wall Street analysts forecast TT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TT is 424.55 USD with a low forecast of 360.00 USD and a high forecast of 476.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

7 Hold

1 Sell

Hold

32.07% Upside

Current: 321.450

Low

360.00

Averages

424.55

High

476.00

Barclays

Julian Mitchell

Buy

Maintains

$500 → $475

2025-03-10

Reason

Barclays lowered the firm's price target on Trane to $475 from $500 and keeps an Overweight rating on the shares. The firm reduced price targets on a number of short cycle industrial and industrial capex related names, but says it "may be too late to pivot to a purely defensive posture." Barclays sees growing downside risk relating to sales from higher policy uncertainty and ongoing high interest rates, as well as to margin outlooks from tariffs and falling lead times for much of the multi-industry sector.

Wells Fargo

Joseph O'Dea

Sell

Maintains

$380 → $360

2025-01-31

Reason

JP Morgan

Stephen Tusa

Hold

Maintains

$387 → $396

2025-01-31

Reason

UBS

Amit Mehrotra

Strong Buy

Maintains

$500 → $470

2025-01-31

Reason

Melius Research

Scott Davis

Strong Buy

Hold

Downgrades

$398

2025-01-28

Reason

JP Morgan

Stephen Tusa

Hold

Maintains

$390 → $387

2025-01-15

Reason

JPMorgan analyst Stephen Tusa lowered the firm's price target on Trane to $387 from $390 and keeps a Neutral rating on the shares. The firm updated models in the electrical equipment and multi-industry space ahead of the Q4 reports.

Citigroup

Andrew Kaplowitz

Strong Buy

Maintains

$478 → $476

2025-01-13

Reason

Citi analyst Andrew Kaplowitz lowered the firm's price target on Trane to $476 from $478 and keeps a Buy rating on the shares. The Q4 earnings for industrial conglomerates and electrical equipment names should be largely in-line with expectations and reflective of "still mixed" underlying demand trends among industrial end markets with currency headwinds contributing to some earnings pressure that likely limits potential upside, the analyst tells investors in a research note. The firm says that with investors focused on 2025, it sees some "ongoing bifurcation" with respect to growth expectations as likely to continue into the new year. Citi's top picks into Q4 include Flowserve (FLS), Vertiv (VRT), Dover (DOV), and Honeywell (HON).

Wells Fargo

Joe O'Dea

Sell

Maintains

$390 → $380

2025-01-07

Reason

RBC Capital

Deane Dray

Hold

Maintains

$390 → $395

2025-01-03

Reason

RBC Capital raised the firm's price target on Trane to $395 from $390 and keeps a Sector Perform rating on the shares as part of a broader research note previewing 2025 for the Multi-Industry sector. Secular drivers like electrification, reshoring, and datacenters remain powerful growth drivers, and Trump 2.0 should be decidedly pro-business and tariffs should be a manageable risk, the analyst tells investors in a research note. For the company, the firm notes that Trane has tailwinds from "healthy buildings" and ESG investing, which is balanced by the potential for more risk-off market moves and elevated interest rate effects on nonresi markets. RBC adds that Trane is now in capable hands with Dave Regnery after the retirement of the highly respected CEO Mike Lamach.

Citigroup

Andrew Kaplowitz

Strong Buy

Maintains

$457 → $478

2024-12-09

Reason

Citi analyst Andrew Kaplowitz raised the firm's price target on Trane to $478 from $457 and keeps a Buy rating on the shares. With an upcoming change in U.S. administration, Citi remains "selectively bullish" on multi-industry companies as divergent market trends among industrial verticals could continue for the time being, the analyst tells investors in a research note. The firm says exposure to secular growth themes could remain at a premium, and it also favors selective exposure to emerging tailwinds such as "Trump beneficiaries," value, and tactical short-cycle exposure.

Valuation Metrics

The current forward P/E ratio for Trane Technologies PLC (TT.N) is 24.55, compared to its 5-year average forward P/E of 25.19. For a more detailed relative valuation and DCF analysis to assess Trane Technologies PLC 's fair value, click here.

Forward PE

Fair

5Y Average PE

25.19

Current PE

24.55

Overvalued PE

29.40

Undervalued PE

20.98

Forward EV/EBITDA

Fair

5Y Average EV/EBITDA

17.11

Current EV/EBITDA

17.59

Overvalued EV/EBITDA

19.82

Undervalued EV/EBITDA

14.40

Forward PS

Fair

5Y Average PS

2.81

Current PS

3.35

Overvalued PS

3.50

Undervalued PS

2.13

Financials

Annual

Quarterly

FY2024Q4

YoY :

+10.17%

4.87B

Total Revenue

FY2024Q4

YoY :

+16.81%

809.00M

Operating Profit

FY2024Q4

YoY :

+19.11%

615.30M

Net Income after Tax

FY2024Q4

YoY :

+21.46%

2.66

EPS - Diluted

FY2024Q4

YoY :

-9.39%

779.90M

Free Cash Flow

FY2024Q4

YoY :

+5.53%

35.10

Gross Profit Margin - %

FY2024Q4

YoY :

+17.62%

14.15

FCF Margin - %

FY2024Q4

YoY :

+8.05%

12.62

Net Margin - %

FY2024Q4

YoY :

+17.93%

22.95

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 223.67% over the last month.

Sold

0-3

Months

21.0M

USD

3-6

Months

1.8M

USD

6-9

Months

0.0

USD

0-12

Months

11.7M

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds areSelling! The selling amount has increased 29002.05% over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

582.0K

Volume

6-9

Months

2.0K

Volume

0-12

Months

2.8M

Volume

Bought

0-3

0.0

Volume

Months

3-6

158.0K

Volume

Months

6-9

0.0

Volume

Months

0-12

887.3K

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

32.0K

USD

6-9

Months

16.0K

USD

0-12

Months

8.0K

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

75.0K

USD

Months

TT News & Events

Events Timeline

2025-01-30 (ET)

2025-01-30