(TT) Trane Technologies - Ratings and Ratios

Trane Technologies plc (NYSE:TT) is a global leader in climate control solutions, specializing in heating, ventilation, and air conditioning (HVAC) systems, as well as transport and industrial refrigeration. The company designs, manufactures, and services a wide range of products, including air conditioners, heat pumps, chillers, and HVAC controls, catering to both residential and commercial markets. Its portfolio extends to energy-efficient solutions, such as geothermal systems, variable refrigerant flow (VRF) systems, and energy storage products. Additionally, Trane offers aftermarket parts, installation, and maintenance services, ensuring comprehensive support for its clients. The company is committed to advancing sustainability and decarbonization initiatives, aligning its offerings with global efforts to reduce greenhouse gas emissions. Trane Technologies operates under a legacy of innovation, having rebranded from Ingersoll-Rand Plc in March 2020. Headquartered in Swords, Ireland, the company has a rich history dating back to 1885 and has established itself as a key player in the HVAC and refrigeration industries.

From a technical perspective, Trane Technologies stock (NYSE:TT) is currently trading at $333.16, with a 20-day moving average of $339.43 and a 50-day moving average of $346.22. The 200-day moving average stands at $365.12, indicating a recent downtrend. The Average True Range (ATR) of 12.82 suggests moderate volatility. On the fundamental side, the company boasts a market capitalization of $77.5 billion, with a price-to-earnings (P/E) ratio of 30.49 and a forward P/E of 26.46. The price-to-book (P/B) ratio is 10.18, reflecting strong investor confidence in its growth prospects. The price-to-sales (P/S) ratio of 3.91 aligns with industry standards, while the return on equity (RoE) of 34.43% underscores its operational efficiency and profitability.