Trane Technologies TT has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 2 | 5 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 4 | 1 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $428.9, with a high estimate of $500.00 and a low estimate of $360.00. This upward trend is apparent, with the current average reflecting a 10.16% increase from the previous average price target of $389.33.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Trane Technologies among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Deane Dray | RBC Capital | Raises | Sector Perform | $395.00 | $390.00 |
| Andrew Kaplowitz | Citigroup | Raises | Buy | $478.00 | $457.00 |
| Julian Mitchell | Barclays | Raises | Overweight | $500.00 | $440.00 |
| Amit Mehrotra | UBS | Raises | Buy | $500.00 | $375.00 |
| Wesley Brooks | HSBC | Announces | Hold | $405.00 | - |
| Julian Mitchell | Barclays | Raises | Overweight | $440.00 | $425.00 |
| Timothy Wojs | Baird | Lowers | Neutral | $404.00 | $408.00 |
| Brett Linzey | Mizuho | Raises | Neutral | $400.00 | $325.00 |
| Joe Ritchie | Goldman Sachs | Raises | Neutral | $407.00 | $364.00 |
| Joe O'Dea | Wells Fargo | Raises | Underweight | $360.00 | $320.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Trane Technologies. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Trane Technologies compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Trane Technologies's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Trane Technologies's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Trane Technologies analyst ratings.
Unveiling the Story Behind Trane Technologies
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $18 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 80% of its revenue.
Trane Technologies's Financial Performance
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Trane Technologies's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 11.43%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Trane Technologies's net margin is impressive, surpassing industry averages. With a net margin of 14.19%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Trane Technologies's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 10.62%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Trane Technologies's ROA excels beyond industry benchmarks, reaching 3.76%. This signifies efficient management of assets and strong financial health.
Debt Management: Trane Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.69.
What Are Analyst Ratings?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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