TT 📈 Trane Technologies - Overview
Exchange: NYSE • Country: Ireland • Currency: USD • Type: Common Stock • ISIN: IE00BK9ZQ967
TT: Air Conditioners, Heat Pumps, Chillers, Furnaces, Thermostats, Refrigeration, HVAC
Trane Technologies plc is a multinational company that specializes in the design, manufacture, sale, and service of a wide range of heating, ventilation, air conditioning, and refrigeration solutions. With a presence in Ireland and international markets, the company offers an extensive portfolio of products, including air conditioners, heat exchangers, and handlers, as well as airside and terminal devices. Additionally, Trane Technologies provides air sourced heat pumps, auxiliary power units, chillers, coils, and condensers, among other products. The company's product line also includes gensets, dehumidifiers, ductless systems, furnaces, home automation products, humidifiers, and indoor air quality assessment tools.
The company's offerings extend to large and light commercial unitary products, refrigerant reclamation products, thermostats, and controls, as well as transport heater products and variable refrigerant flow products. Trane Technologies also provides a range of building management systems, including telematic controls, energy efficiency and infrastructure programs, geothermal systems, thermal energy systems, and thermostats. Furthermore, the company offers bus, rail, and multi-pipe heating, ventilation, and air conditioning systems, as well as container, diesel-powered, truck, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration and air filtration systems. The company's aftermarket and OEM parts and supplies are also available to support its products.
Trane Technologies provides a variety of services, including energy and facility management, installation and performance contracting, repair and maintenance, and rental services. The company's products are marketed and sold under the Trane and Thermo King brands, with a strong distribution network that includes sales offices, distributors, and dealers. The company's supporting chain of distributors and sales and service companies enables it to effectively reach its customers. With a history dating back to 1885, Trane Technologies plc was formerly known as Ingersoll-Rand Plc and changed its name in March 2020. The company is headquartered in Swords, Ireland, and its common stock is listed on the New York Stock Exchange under the ticker symbol TT.
As a leading player in the building products industry, Trane Technologies operates in a highly competitive market, with a focus on innovation, sustainability, and customer satisfaction. The company's commitment to delivering high-quality products and services has enabled it to establish a strong reputation in the industry. With its comprehensive product portfolio and extensive distribution network, Trane Technologies is well-positioned to meet the evolving needs of its customers and drive growth in the global market. The company's website, https://www.tranetechnologies.com, provides more information on its products, services, and operations.
Additional Sources for TT Stock
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Fund Manager Positions: Dataroma Stockcircle
TT Stock Overview
Market Cap in USD | 89,643m |
Sector | Industrials |
Industry | Building Products & Equipment |
GiC Sub-Industry | Building Products |
IPO / Inception | 1985-07-01 |
TT Stock Ratings
Growth 5y | 95.8% |
Fundamental | 71.0% |
Dividend | 64.1% |
Rel. Strength Industry | 37967 |
Analysts | 3.44/5 |
Fair Price Momentum | 452.62 USD |
Fair Price DCF | 313.55 USD |
TT Dividends
Dividend Yield 12m | 0.89% |
Yield on Cost 5y | 3.46% |
Annual Growth 5y | 12.77% |
Payout Consistency | 97.3% |
TT Growth Ratios
Growth Correlation 3m | 44% |
Growth Correlation 12m | 97.1% |
Growth Correlation 5y | 87.3% |
CAGR 5y | 31.11% |
CAGR/Mean DD 5y | 3.23 |
Sharpe Ratio 12m | 1.88 |
Alpha | 27.02 |
Beta | 1.19 |
Volatility | 27.75% |
Current Volume | 2647.4k |
Average Volume 20d | 1290.3k |
As of December 22, 2024, the stock is trading at USD 377.11 with a total of 2,647,442 shares traded.
Over the past week, the price has changed by -5.69%, over one month by -8.56%, over three months by -0.98% and over the past year by +57.46%.
Yes, based on ValueRay Fundamental Analyses, Trane Technologies (NYSE:TT) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 71.03 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TT as of December 2024 is 452.62. This means that TT is currently undervalued and has a potential upside of +20.02% (Margin of Safety).
Trane Technologies has received a consensus analysts rating of 3.44. Therefor, it is recommend to hold TT.
- Strong Buy: 7
- Buy: 2
- Hold: 16
- Sell: 0
- Strong Sell: 2
According to ValueRays Forecast Model, TT Trane Technologies will be worth about 504.4 in December 2025. The stock is currently trading at 377.11. This means that the stock has a potential upside of +33.74%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 414.6 | 9.9% |
Analysts Target Price | 217.3 | -42.4% |
ValueRay Target Price | 504.4 | 33.7% |