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Trane Technologies plc [TT] Stock Forecast
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In the News
Why Is Trane Technologies (TT) Up 8.1% Since Last Earnings Report?
Trane Technologies (TT) reported earnings 30 days ago. What's next for the stock?
6 Reasons Why You Should Bet on Trane Technologies (TT) Now
Trane Technologies (TT) remains focused on improving the quality of its products and services and operating efficiencies to achieve sustained improvement in earnings and cash flow.
Trane Technologies to Present at the Credit Suisse Industrials Conference
SWORDS, Ireland--( BUSINESS WIRE )--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Credit Suisse Industrials Conference. They will speak at 11:00 a.m. EST on Friday, December 2, 2022.
Trane CEO: Low carbon steel purchase like taking '4,500 cars off the road'
Trane CEO Dave Regnery joins Yahoo Finance Live to discuss earnings, revenue growth, and how the company is reducing its carbon footprint throughout its value chain.
TT or AQUA: Which Is the Better Value Stock Right Now?
TT vs. AQUA: Which Stock Is the Better Value Option?
Trane Technologies plc. (TT) Q3 2022 Earnings Call Transcript
Trane Technologies plc. (NYSE:TT ) Q3 2022 Earnings Conference Call November 1, 2022 10:00 AM ET Company Participants Zachary Nagle - VP, IR David Regnery - Chairman & CEO Christopher Kuehn - EVP & CFO Conference Call Participants Andy Kaplowitz - Citigroup John Walsh - Credit Suisse Scott Davis - Melius Research Julian Mitchell - Barclays Joe Ritchie - Goldman Sachs Gautam Khanna - Cowen Steve Tusa - JPMorgan Nigel Coe - Wolfe Research Jeff Sprague - Vertical Research Deane Dray - RBC Capital Joe O'Dea - Wells Fargo Operator Good morning.
Trane Technologies (TT) Q3 Earnings Beat Estimates, Up Y/Y
Trane Technologies' (TT) third-quarter 2022 revenues improve year over year.
Trane Technologies (TT) Q3 Earnings and Revenues Beat Estimates
Trane Technologies (TT) delivered earnings and revenue surprises of 7.08% and 5.14%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Trane Technologies (TT) to Post Q3 Earnings: What's in Store?
Trane Technologies' (TT) third-quarter 2022 earnings and revenues are likely to have increased year over year.
Shortages Have Turned to Gluts. These Stocks Could Benefit.
When a company has too much to sell, it has little choice but to start discounting. But some, like off-price retailers TJX, Ross Stores, and Burlington Stores, could benefit from the trend.
TT Financial details
TT Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2021-12-31
| Metric | History | 2017-12-31 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue per share | 56.91 | 64.77 | 69.65 | 52.15 | 60.11 | |
| Net income per share | 5.22 | 5.53 | 5.92 | 3.58 | 6.05 | |
| Operating cash flow per share | 6.11 | 5.82 | 8.05 | 6.01 | 6.75 | |
| Free cash flow per share | 5.22 | 4.31 | 6.99 | 5.4 | 5.8 | |
| Cash per share | 6.21 | 3.73 | 5.47 | 13.78 | 9.18 | |
| Book value per share | 28.62 | 29.03 | 30.5 | 26.83 | 26.6 | |
| Tangible book value per share | -9.91 | -10.46 | -15.19 | -9.22 | -10.79 | |
| Share holders equity per share | 28.62 | 29.03 | 30.5 | 26.83 | 26.6 | |
| Interest debt per share | 17.15 | 17.83 | 24.41 | 23.12 | 21.58 | |
| Market cap | 17.91B | 18.87B | 24.98B | 34.23B | 40.49B | |
| Enterprise value | 20.42B | 22.06B | 29.25B | 36.22B | 43.18B | |
| P/E ratio | 13.75 | 14.11 | 17.71 | 40.04 | 28.45 | |
| Price to sales ratio | 1.26 | 1.2 | 1.51 | 2.75 | 2.86 | |
| POCF ratio | 11.75 | 13.4 | 13.02 | 23.86 | 25.49 | |
| PFCF ratio | 13.75 | 18.11 | 15 | 26.56 | 29.66 | |
| P/B Ratio | 2.51 | 2.69 | 3.44 | 5.34 | 6.47 | |
| PTB ratio | 2.51 | 2.69 | 3.44 | 5.34 | 6.47 | |
| EV to sales | 1.44 | 1.41 | 1.76 | 2.91 | 3.05 | |
| Enterprise value over EBITDA | 10.46 | 10.02 | 12.16 | 21.37 | 18.85 | |
| EV to operating cash flow | 13.41 | 15.67 | 15.24 | 25.24 | 27.18 | |
| EV to free cash flow | 15.68 | 21.16 | 17.57 | 28.1 | 31.62 | |
| Earnings yield | 0.07 | 0.07 | 0.06 | 0.02 | 0.04 | |
| Free cash flow yield | 0.07 | 0.06 | 0.07 | 0.04 | 0.03 | |
| Debt to equity | 0.41 | 0.53 | 0.68 | 0.7 | 0.72 | |
| Debt to assets | 0.6 | 0.61 | 0.64 | 0.65 | 0.65 | |
| Net debt to EBITDA | 1.29 | 1.45 | 1.78 | 1.17 | 1.17 | |
| Current ratio | 1.27 | 1.33 | 1.28 | 1.59 | 1.36 | |
| Interest coverage | 7.72 | 8.69 | 8.3 | 6.16 | 8.66 | |
| Income quality | 1.17 | 1.05 | 1.36 | 1.68 | 1.12 | |
| Dividend Yield | 0.02 | 0.03 | 0.02 | 0.01 | 0.01 | |
| Payout ratio | 0.33 | 0.36 | 0.36 | 0.59 | 0.39 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.53 | 0.54 | 0.53 | 0.48 | 0.49 | |
| Capex to operating cash flow | -0.15 | -0.26 | -0.13 | -0.1 | -0.14 | |
| Capex to revenue | -0.02 | -0.02 | -0.02 | -0.01 | -0.02 | |
| Capex to depreciation | -0.63 | -1.01 | -0.64 | -0.5 | -0.74 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0.01 | 0 | |
| Graham number | 57.99 | 60.1 | 63.74 | 46.49 | 60.18 | |
| ROIC | 0.12 | 0.14 | 0.13 | 0.11 | 0.15 | |
| Return on tangible assets | 0.15 | 0.16 | 0.15 | 0.09 | 0.15 | |
| Graham Net | -27.18 | -29.34 | -37.44 | -25.94 | -29.93 | |
| Working capital | 1.29B | 1.42B | 1.36B | 2.57B | 1.72B | |
| Tangible asset value | -2.47B | -2.53B | -3.62B | -2.2B | -2.54B | |
| Net current asset value | -4.85B | -5.12B | -6.96B | -4.82B | -5.32B | |
| Invested capital | 0.57 | 0.58 | 0.77 | 0.82 | 0.77 | |
| Average receivables | 2.34B | 2.44B | 2.5B | 2.2B | 2.32B | |
| Average payables | 1.54B | 1.61B | 1.66B | 1.52B | 1.65B | |
| Average inventory | 1.37B | 1.43B | 1.45B | 1.19B | 1.36B | |
| Days sales outstanding | 63.69 | 62.41 | 61.53 | 64.54 | 62.73 | |
| Days payables outstanding | 57.89 | 57.38 | 57.67 | 64.14 | 67.49 | |
| Days of inventory on hand | 57.86 | 56.45 | 54.57 | 50.17 | 57.8 | |
| Receivables turnover | 5.73 | 5.85 | 5.93 | 5.66 | 5.82 | |
| Payables turnover | 6.31 | 6.36 | 6.33 | 5.69 | 5.41 | |
| Inventory turnover | 6.31 | 6.47 | 6.69 | 7.27 | 6.31 | |
| ROE | 0.18 | 0.19 | 0.19 | 0.13 | 0.23 | |
| Capex per share | -0.89 | -1.51 | -1.07 | -0.61 | -0.95 |
Quarterly Fundamentals Overview
Last date of statement is 2022-09-30 for Q3
| Metric | History | 2021-09-30 | 2021-12-31 | 2022-03-31 | 2022-06-30 | 2022-09-30 |
|---|---|---|---|---|---|---|
| Revenue per share | 15.62 | 15.18 | 14.3 | 18.09 | 18.85 | |
| Net income per share | 1.7 | 1.35 | 1.11 | 2.2 | 2.36 | |
| Operating cash flow per share | 1.72 | 1.82 | -0.8 | 1.82 | 2.2 | |
| Free cash flow per share | 1.54 | 1.38 | -1.12 | 1.52 | 1.95 | |
| Cash per share | 11.5 | 9.18 | 5.75 | 4.71 | 4.66 | |
| Book value per share | 27.18 | 26.6 | 25.57 | 24.7 | 25.26 | |
| Tangible book value per share | -8.48 | -10.79 | -11.73 | -12.95 | -11.83 | |
| Share holders equity per share | 27.18 | 26.6 | 25.57 | 24.7 | 25.26 | |
| Interest debt per share | 20.57 | 20.83 | 20.88 | 21.12 | 21.1 | |
| Market cap | 41.13B | 47.52B | 35.82B | 30.09B | 33.58B | |
| Enterprise value | 43.23B | 50.2B | 39.32B | 33.84B | 37.34B | |
| P/E ratio | 25.34 | 37.38 | 34.42 | 14.77 | 15.32 | |
| Price to sales ratio | 11.06 | 13.31 | 10.68 | 7.18 | 7.68 | |
| POCF ratio | 100.16 | 111.25 | -190.35 | 71.36 | 65.82 | |
| PFCF ratio | 112.21 | 145.89 | -136.21 | 85.34 | 74.41 | |
| P/B Ratio | 6.35 | 7.6 | 5.97 | 5.26 | 5.73 | |
| PTB ratio | 6.35 | 7.6 | 5.97 | 5.26 | 5.73 | |
| EV to sales | 11.62 | 14.06 | 11.72 | 8.07 | 8.54 | |
| Enterprise value over EBITDA | 68.35 | 97.34 | 86.49 | 43.29 | 46.09 | |
| EV to operating cash flow | 105.28 | 117.54 | -208.92 | 80.24 | 73.18 | |
| EV to free cash flow | 117.95 | 154.13 | -149.5 | 95.96 | 82.74 | |
| Earnings yield | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | |
| Free cash flow yield | 0.01 | 0.01 | -0.01 | 0.01 | 0.01 | |
| Debt to equity | 0.69 | 0.72 | 0.75 | 0.66 | 0.65 | |
| Debt to assets | 0.64 | 0.65 | 0.66 | 0.68 | 0.67 | |
| Net debt to EBITDA | 3.32 | 5.2 | 7.69 | 4.79 | 4.64 | |
| Current ratio | 1.62 | 1.36 | 1.31 | 1.09 | 1.14 | |
| Interest coverage | 10.11 | 7.78 | 6.93 | 12.71 | 13.25 | |
| Income quality | 1.01 | 1.34 | -0.72 | 0.83 | 0.93 | |
| Dividend Yield | 0 | 0 | 0 | 0.01 | 0 | |
| Payout ratio | 0.35 | 0.44 | 0.6 | 0.3 | 0.28 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.47 | 0.49 | 0.5 | 0.49 | 0.49 | |
| Capex to operating cash flow | -0.11 | -0.24 | 0.4 | -0.16 | -0.12 | |
| Capex to revenue | -0.01 | -0.03 | -0.02 | -0.02 | -0.01 | |
| Capex to depreciation | -0.61 | -1.33 | -0.97 | -0.87 | -0.7 | |
| Stock based compensation to revenue | 0 | 0 | 0.01 | 0 | 0 | |
| Graham number | 32.28 | 28.44 | 25.26 | 34.95 | 36.65 | |
| ROIC | 0.04 | 0.03 | 0.03 | 0.06 | 0.06 | |
| Return on tangible assets | 0.04 | 0.03 | 0.03 | 0.06 | 0.06 | |
| Graham Net | -26.91 | -29.93 | -32.03 | -33.83 | -33.06 | |
| Working capital | 2.68B | 1.72B | 1.44B | 494.9M | 753.6M | |
| Tangible asset value | -2.02B | -2.54B | -2.75B | -3B | -2.74B | |
| Net current asset value | -4.72B | -5.32B | -5.59B | -5.82B | -5.57B | |
| Invested capital | 0.75 | 0.77 | 0.81 | 0.85 | 0.83 | |
| Average receivables | 2.6B | 2.59B | 2.59B | 2.76B | 2.81B | |
| Average payables | 1.88B | 1.89B | 1.97B | 2B | 2.03B | |
| Average inventory | 1.68B | 1.71B | 1.88B | 1.89B | 1.92B | |
| Days sales outstanding | 58.85 | 61.26 | 65.17 | 59.24 | 59.03 | |
| Days payables outstanding | 62.89 | 63.64 | 73.46 | 62.79 | 63.12 | |
| Days of inventory on hand | 53.05 | 54.5 | 71.21 | 59.23 | 59.69 | |
| Receivables turnover | 1.53 | 1.47 | 1.38 | 1.52 | 1.52 | |
| Payables turnover | 1.43 | 1.41 | 1.23 | 1.43 | 1.43 | |
| Inventory turnover | 1.7 | 1.65 | 1.26 | 1.52 | 1.51 | |
| ROE | 0.06 | 0.05 | 0.04 | 0.09 | 0.09 | |
| Capex per share | -0.19 | -0.43 | -0.32 | -0.3 | -0.25 |
TT Frequently Asked Questions
What is Trane Technologies plc stock symbol ?
Trane Technologies plc is a IE stock , located in Swords of Dublin and trading under the symbol TT
Is Trane Technologies plc buy or a sell ?
16 stock analysts have 16 predictions with a medium analyst target price of $196.38. The lowest prediction is $155 and the highest is $228
What is TT stock prediction ?
What is Trane Technologies plc stock quote today ?
Trane Technologies plc stock price is $179.00999 today.
Is Trane Technologies plc stock public?
Yes, Trane Technologies plc is a publicly traded company.
Company Profile
- Volume Average 1.36M
- Market Capitalization 41.23B
- Employee 37K
- CEO Mr. Michael W. Lamach
- Headquarters SWORDS,DUBLIN,IE
- IPO Date 1906-10-10
-
Website
https://www.tranetechnologies.com 
Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration 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 in the United States; and through sales and service companies with a supporting chain of distributors worldwide. 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.
