Are You Thinking About Investing In Trane Technologies?

Shares of Trane Technologies have moved 1.9% today, and are now trading at a price of $217.15. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 87,994 compared to the stock's average volume of 1,146,096.

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. Based in Swords, Ireland the company has 39,000 full time employees and a market cap of $49,414,000,640. Trane Technologies currently offers its equity investors a dividend that yields 1.4% per year.

The company is now trading -0.06% away from its average analyst target price of $217.29 per share. The 17 analysts following the stock have set target prices ranging from $190.0 to $256.0, and on average give Trane Technologies a rating of hold.

Over the last 52 weeks, TT stock has risen 31.0%, which amounts to a 15.0% difference compared to the S&P 500. The stock's 52 week high is $217.51 whereas its 52 week low is $162.04 per share. Based on Trane Technologies's average net margin growth of 0.6% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 16,816,300 1,922,700 11 0.0
2022 15,991,700 1,796,200 11 10.0
2021 14,136,400 1,457,200 10 25.0
2020 12,454,700 991,400 8 -27.27
2019 13,075,900 1,428,500 11 0.0
2018 12,343,800 1,357,500 11
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.