Trane Technologies (TT): Price and Financial Metrics
TT Stock Summary
- TT has a higher market value than 93.37% of US stocks; more precisely, its current market capitalization is $37,783,796,089.
- Trane Technologies plc's stock had its IPO on January 1, 1986, making it an older stock than 92.77% of US equities in our set.
- Of note is the ratio of Trane Technologies plc's sales and general administrative expense to its total operating expenses; 87.79% of US stocks have a lower such ratio.
- Stocks with similar financial metrics, market capitalization, and price volatility to Trane Technologies plc are GIS, HSY, SWK, ROK, and LULU.
- Visit TT's SEC page to see the company's official filings. To visit the company's web site, go to www.tranetechnologies.com.
TT Stock Price Chart Interactive Chart >
TT Price/Volume Stats
| Current price | $158.16 | 52-week high | $161.00 |
| Prev. close | $158.47 | 52-week low | $70.00 |
| Day low | $155.84 | Volume | 1,180,727 |
| Day high | $158.91 | Avg. volume | 1,293,965 |
| 50-day MA | $148.77 | Dividend yield | 1.34% |
| 200-day MA | $124.45 | Market Cap | 37.71B |
Trane Technologies (TT) Company Bio
Trane Technologies plc provides climate control solutions for buildings, homes, and transportation. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality; industrial refrigeration products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. It also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. Trane Technologies plc markets and sells its products under the American Standard, Nexia, Thermo King, and Trane brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.
TT Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $158.16 | $63.55 | -60% |
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Trane Technologies plc. To summarize, we found that Trane Technologies plc ranked in the 32th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 59.83%. In terms of the factors that were most noteworthy in this DCF analysis for TT, they are:
- The company's balance sheet shows it gets 88% of its capital from equity, and 12% of its capital from debt. Its equity weight surpasses that of 67.95% of free cash flow generating stocks in the Industrials sector.
- Trane Technologies plc's effective tax rate, as measured by taxes paid relative to net income, is at 17 -- greater than 68.26% of US stocks with positive free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -61% |
| 1% | -60% |
| 2% | -60% |
| 3% | -60% |
| 4% | -59% |
| 5% | -59% |
AVY, LDL, NVT, BMI, and HON can be thought of as valuation peers to TT, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Latest TT News From Around the Web
Below are the latest news stories about Trane Technologies plc that investors may wish to consider to help them evaluate TT as an investment opportunity.
Ingersoll-Rand PLC (IR) Q4 2020 Earnings Call TranscriptIR earnings call for the period ending December 31, 2020. |
Ingersoll-Rand Inc to Host Earnings CallNEW YORK, NY / ACCESSWIRE / February 23, 2021 / Ingersoll-Rand Inc (NYSE:TT) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 23, 2021 at 8:00 AM Eastern Time.To listen to the event live or access a replay of the call - visit https://www. |
Robert W. Baird Stick to Their Hold Rating for Trane Technologies By Investing.comRobert W. Baird Stick to Their Hold Rating for Trane Technologies |
Trane Technologies and Aircuity Help Buildings Reopen and Operate Safely with Indoor Air Quality Monitoring and Management SolutionGlobal climate innovator Trane Technologies (NYSE: TT), through its strategic brand Trane®, has joined forces with indoor air quality monitoring, reporting and ventilation management company Aircuity® to provide automated, data-based indoor air quality monitoring and management solutions for building owners. The integrated Trane and Aircuity system, available in the United States and Canada, collects critical data about a building’s air quality and automatically monitors and adjusts air flow between indoors and outdoors, which is crucial to reducing airborne pathogens and contaminants and managing energy efficiency. |
Trane Technologies to Virtually Present at the 2021 Citi Global Industrials ConferenceSWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the 2021 Citi Global Industrials Conference. They will speak at 11:20 AM ET on Wednesday, February 17, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days following the even |
TT Price Returns
| 1-mo | 10.33% |
| 3-mo | 9.98% |
| 6-mo | 34.38% |
| 1-year | 60.25% |
| 3-year | 94.04% |
| 5-year | 202.92% |
| YTD | 8.96% |
| 2020 | 11.26% |
| 2019 | 48.32% |
| 2018 | 4.41% |
| 2017 | 21.27% |
| 2016 | 38.54% |
TT Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
Get Free Updates
Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!
Loading social stream, please wait...