Take This Into Account Before Investing in TT

By Chris Stiles • Monday, December 18 11:53 • Permanent Link

Trane Technologies logged a 0.0% change during today's morning session, and is now trading at a price of $239.96 per share. The S&P 500 index moved 1.0%. TT's trading volume is 192,254 compared to the stock's average volume of 1,285,017.

Trane Technologies trades 3.14% away from its average analyst target price of $232.66 per share. The 18 analysts following the stock have set target prices ranging from $200.0 to $269.0, and on average have given Trane Technologies a rating of hold.

If you are considering an investment in TT, you'll want to know the following:

Trane Technologies's current price is 214.3% above its Graham number of $76.35, which implies that at its current valuation it does not offer a margin of safety
Trane Technologies has moved 42.1% over the last year, and the S&P 500 logged a change of 23.6%
Based on its trailing earnings per share of 8.57, Trane Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 28.0 while the S&P 500 average is 15.97
TT has a forward P/E ratio of 23.9 based on its forward 12 month price to earnings (EPS) of $10.03 per share
The company has a price to earnings growth (PEG) ratio of 1.9 — a number near or below 1 signifying that Trane Technologies is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 8.18 compared to its sector average of 4.06
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, the company has 39,000 full time employees and a market cap of $54.6 Billion. Trane Technologies currently returns an annual dividend yield of 1.2%.

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.