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Trane Technologies plc [TT] Stock Forecast

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In the News

05:17 11 Dec 2023 TT

Trane Technologies (TT) Gains 30% in a Year: Here's How

Consecutive better-than-expected top and bottom-line performance, shareholder-friendly moves and encouraging guidance have been benefiting Trane Technologies (TT) stock.

12:53 11 Dec 2023 TT

Trane Technologies: Good Growth Prospects And A Reasonable Valuation

Trane Technologies is benefiting from strong order bookings and a healthy backlog, with good visibility for near-term revenue growth. The company's commercial end-market, which accounts for 80% of its revenues, is experiencing favorable demand trends and secular growth drivers. Trane Technologies has a solid balance sheet to support its M&A strategy, and its margin growth prospects are promising.

02:07 11 Dec 2023 TT

3 Stocks That Topped Q3 Earnings and Still Have Room to Run

As we close the third quarter earnings season, it's time to reflect on the performance. Overall, it was a good quarter, with many companies exceeding earning expectations.

03:47 11 Dec 2023 TT

Trane Technologies (TT) Q3 Earnings Beat on Strong Volumes

Trane Technologies' (TT) third-quarter 2023 results benefit from high incremental business reinvestment that aided sustainability, innovation and growth initiatives.

01:18 11 Dec 2023 TT

Trane Technologies Stock Soared This Week: Here's Why

Its commercial end markets remain in growth mode, with particular strength in data centers, high-tech industries, and education. Its residential business will face easier year-over-year comparisons in 2024 after declines in 2023, and residential bookings are growing again.

08:15 11 Dec 2023 TT

Why Trane Technologies Stock Jumped Today

Trane Technologies easily exceeded revenue and earnings estimates in its third quarter of 2023. The company also saw global bookings reach an all-time high, led by its commercial HVAC business.

07:42 11 Dec 2023 TT

Jim Cramer takes a closer look at this earnings season's standout stocks

'Mad Money' host Jim Cramer takes a look at today's Fed decision to leave rates unchanged and analyzes what it means for well performing stocks.

03:04 11 Dec 2023 TT

Final Trades: Microsoft, Canadian Natural Resources & more

The "Halftime Report" traders give their top picks to watch for the second half.

12:47 11 Dec 2023 TT

Trane Technologies (TT) Q3 Earnings Beat Estimates, Rise Y/Y

Trane Technologies' (TT) third-quarter 2023 earnings and revenues rise year over year.

08:16 11 Dec 2023 TT

5 Top Stocks Set to Beat Q3 Earnings Estimates on Wednesday

We have narrowed our search to five corporate behemoths that are set to beat third-quarter earnings estimates on Wednesday. These are: APA, AIG, NI, DASH, TT.

TT Financial details

Company Rating
Strong Buy
Market Cap
53.25B
Income
1.96B
Revenue
17.33B
Book val./share
29.1
Cash/share
4.17
Dividend
3
Dividend %
1.28%
Employees
39K
Optionable
No
Shortable
Yes
Earnings
01 Nov 2023
P/E
27.51
Forward P/E
23.4
PEG
6.36
P/S
3.07
P/B
8.04
P/C
56.12
P/FCF
27.89
Quick Ratio
0.79
Current Ratio
1.29
Debt / Equity
0.72
LT Debt / Equity
0.67
-
-
EPS (TTM)
8.54
EPS next Y
10
EPS next Q
2.11
EPS this Y
28.86%
EPS next Y
17.1%
EPS next 5Y
29.56%
EPS last 5Y
6.79%
Revenue last 5Y
0.41%
Revenue Q/Q
3.79%
EPS Q/Q
5.84%
-
-
-
-
SMA20
5.78%
SMA50
13.48%
SMA100
16.38%
Inst Own
55.86%
Inst Trans
0.7%
ROA
10%
ROE
31%
ROC
0.2%
Gross Margin
32%
Oper. Margin
16%
Profit Margin
11%
Payout
34%
Shs Outstand
227.56M
Shs Float
226.82M
-
-
-
-
Target Price
192.44
52W Range
162.04-235.72
52W High
-0.43%
52W Low
+44.44%
RSI
69.99
Rel Volume
1.02
Avg Volume
1.26M
Volume
1.29M
Perf Week
5.11%
Perf Month
24.85%
Perf Quarter
26%
Perf Half Y
32.78%
-
-
-
-
Beta
1.231
-
-
Volatility
2.57%, 12.17%
Prev Close
1.15%
Price
234
Change
1.11%

TT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
64.7769.6552.1559.2269.89
Net income per share
5.535.923.585.967.68
Operating cash flow per share
5.828.056.016.656.57
Free cash flow per share
4.316.995.45.725.3
Cash per share
3.735.4713.789.055.33
Book value per share
29.230.6926.9126.2826.68
Tangible book value per share
-10.46-15.19-9.22-10.63-11.64
Share holders equity per share
29.230.6926.9126.2826.68
Interest debt per share
17.8324.4123.1221.2622.11
Market cap
17.12B24.57B34.67B48.22B38.46B
Enterprise value
20.31B28.84B36.65B50.91B42.08B
P/E ratio
12.817.4240.5533.8821.9
Price to sales ratio
1.091.482.783.412.41
POCF ratio
12.1612.824.1630.3625.57
PFCF ratio
16.4314.7626.935.3231.73
P/B Ratio
2.423.365.397.696.3
PTB ratio
2.423.365.397.696.3
EV to sales
1.31.742.943.62.63
Enterprise value over EBITDA
9.0612.1120.0121.9115.47
EV to operating cash flow
14.4315.0325.5432.0527.98
EV to free cash flow
19.4917.3228.4437.2934.71
Earnings yield
0.080.060.020.030.05
Free cash flow yield
0.060.070.040.030.03
Debt to equity
0.580.760.820.770.79
Debt to assets
0.230.270.290.270.27
Net debt to EBITDA
1.421.791.081.151.33
Current ratio
1.331.281.591.441.12
Interest coverage
8.698.36.168.6610.82
Income quality
1.021.381.451.090.84
Dividend Yield
0.030.020.010.010.02
Payout ratio
0.360.360.590.390.35
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.540.530.480.490.48
Capex to operating cash flow
-0.26-0.13-0.1-0.14-0.19
Capex to revenue
-0.02-0.02-0.01-0.02-0.02
Capex to depreciation
-1.01-0.64-0.5-0.74-0.9
Stock based compensation to revenue
000.0100
Graham number
60.2863.9346.5659.3867.88
ROIC
0.140.120.10.150.18
Return on tangible assets
0.160.150.090.150.19
Graham Net
-29.34-37.44-25.94-29.49-33.54
Working capital
1.42B1.36B2.57B1.99B692.4M
Tangible asset value
-2.53B-3.62B-2.2B-2.54B-2.66B
Net current asset value
-5.12B-6.96B-4.82B-5.32B-5.6B
Invested capital
0.580.760.820.770.79
Average receivables
2.58B2.74B2.5B2.32B2.6B
Average payables
1.63B1.76B1.66B1.65B1.94B
Average inventory
1.62B1.7B1.45B1.36B1.76B
Days sales outstanding
62.4161.5364.5462.7363.45
Days payables outstanding
57.3857.6764.1467.4969.23
Days of inventory on hand
56.4554.5750.1757.866
Receivables turnover
5.855.935.665.825.75
Payables turnover
6.366.335.695.415.27
Inventory turnover
6.476.697.276.315.53
ROE
0.190.190.130.230.29
Capex per share
-1.51-1.07-0.61-0.93-1.28

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q3

Metric History 2022-09-302022-12-312023-03-312023-06-30 2023-09-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
18.8517.815.8820.6321.21
Net income per share
2.361.921.332.572.72
Operating cash flow per share
2.23.320.042.34.01
Free cash flow per share
1.952.93-0.32.053.64
Cash per share
4.665.3332.914.17
Book value per share
25.2626.6826.2227.5329.1
Tangible book value per share
-11.83-11.64-11.69-12.54-10.23
Share holders equity per share
25.2626.6826.2227.5329.1
Interest debt per share
21.121.3821.1722.3221.2
Market cap
33.58B38.46B42.48B43.61B46.72B
Enterprise value
37.34B42.08B46.62B47.97B50.59B
P/E ratio
15.3221.934.5818.618.65
Price to sales ratio
7.689.4411.599.279.57
POCF ratio
65.8250.595K83.2250.66
PFCF ratio
74.4157.3-619.2693.3655.68
P/B Ratio
5.736.37.026.956.97
PTB ratio
5.736.37.026.956.97
EV to sales
8.5410.3312.7210.210.36
Enterprise value over EBITDA
46.0972.7688.4352.3553.46
EV to operating cash flow
73.1855.355.48K91.5554.85
EV to free cash flow
82.7462.68-679.57102.760.29
Earnings yield
0.020.010.010.010.01
Free cash flow yield
0.010.0200.010.02
Debt to equity
0.830.790.80.80.72
Debt to assets
0.270.270.270.270.26
Net debt to EBITDA
4.646.257.854.764.08
Current ratio
1.141.121.261.191.29
Interest coverage
13.2510.397.9314.3714.93
Income quality
0.921.630.030.881.44
Dividend Yield
00000
Payout ratio
0.280.350.550.290.27
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.490.480.490.480.48
Capex to operating cash flow
-0.12-0.12-9.07-0.11-0.09
Capex to revenue
-0.01-0.02-0.02-0.01-0.02
Capex to depreciation
-0.7-1.08-0.97-0.64-0.9
Stock based compensation to revenue
000.0100
Graham number
36.6533.9428.0139.9142.2
ROIC
0.060.050.030.060.06
Return on tangible assets
0.060.050.030.060.06
Graham Net
-33.06-33.54-34.75-36.79-33.83
Working capital
753.6M692.4M1.24B1.08B1.51B
Tangible asset value
-2.74B-2.66B-2.7B-2.86B-2.36B
Net current asset value
-5.57B-5.6B-5.77B-5.95B-5.48B
Invested capital
0.830.790.80.80.72
Average receivables
2.81B2.82B2.69B2.9B3.17B
Average payables
2.03B2.08B2.03B2.07B2.14B
Average inventory
1.92B1.97B2.17B2.35B2.27B
Days sales outstanding
59.0361.4263.9861.2157.92
Days payables outstanding
63.1265.9570.0362.7958.42
Days of inventory on hand
59.6962.8783.6367.9561.17
Receivables turnover
1.521.471.411.471.55
Payables turnover
1.431.361.291.431.54
Inventory turnover
1.511.431.081.321.47
ROE
0.090.070.050.090.09
Capex per share
-0.25-0.39-0.33-0.25-0.36

TT Frequently Asked Questions

What is Trane Technologies plc stock symbol ?

Trane Technologies plc is a IE stock and trading under the symbol TT

Is Trane Technologies plc buy or a sell ?

22 stock analysts have 22 predictions with a medium analyst target price of $194.59. 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 $234 today.

Is Trane Technologies plc stock public?

Yes, Trane Technologies plc is a publicly traded company.

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