Decoding TT Stock – A Market Analysis Brief

Large-cap Industrials company Trane Technologies has logged a 2.0% change today on a trading volume of 150,063. The average volume for the stock is 1,054,163.

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 40,000 full time employees and a market cap of $66,230,091,776. Trane Technologies currently offers its equity investors a dividend that yields 1.0% per year.

The company is now trading 3.25% away from its average analyst target price of $282.49 per share. The 17 analysts following the stock have set target prices ranging from $235.0 to $330.0, and on average give Trane Technologies a rating of hold.

Over the last 52 weeks, TT stock has risen 57.8%, which amounts to a 27.4% difference compared to the S&P 500. The stock's 52 week high is $292.99 whereas its 52 week low is $162.04 per share. Based on Trane Technologies's average net margin growth of 0.4% 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 17,327,300 1,958,700 11 0.0
2022 15,991,700 1,756,500 11 10.0
2021 14,136,400 1,423,400 10 42.86
2020 12,454,700 854,900 7 -36.36
2019 13,075,900 1,410,900 11 0.0
2018 12,343,800 1,337,600 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.