Trane Technologies TT underwent analysis by 11 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 2 | 5 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 0 | 2 | 1 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 1 | 2 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $433.0, a high estimate of $500.00, and a low estimate of $380.00. This upward trend is evident, with the current average reflecting a 3.84% increase from the previous average price target of $417.00.
Interpreting Analyst Ratings: A Closer Look
The analysis of recent analyst actions sheds light on the perception of Trane Technologies by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Scott Davis | Melius Research | Announces | Hold | $398.00 | - |
| Stephen Tusa | JP Morgan | Lowers | Neutral | $387.00 | $390.00 |
| Andrew Kaplowitz | Citigroup | Lowers | Buy | $476.00 | $478.00 |
| Joe O'Dea | Wells Fargo | Lowers | Underweight | $380.00 | $390.00 |
| 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 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Trane Technologies. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Trane Technologies compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Trane Technologies's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Trane Technologies's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Trane Technologies analyst ratings.
All You Need to Know About 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: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Trane Technologies displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 11.43%. This indicates a notable 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 14.19%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 10.62%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Trane Technologies's ROA stands out, surpassing industry averages. With an impressive ROA of 3.76%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.69.
Analyst Ratings: What Are They?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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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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