TT:NYE-Trane Technologies plc (USD)

COMMON STOCK | Building Products & Equipment |

Last Closing

USD 371.59

Change

-3.01 (-0.80)%

Market Cap

USD 83.25B

Volume

0.96M

Analyst Target

USD 117.35
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, telematic, control, energy efficiency and infrastructure program, geothermal, thermal energy, thermostats, rate chambers, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, diesel-powered, truck, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration and air filtration 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. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers; and through sales and service companies with a supporting chain of distributors. 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for Building Products & Equipment

Symbol Name Price(Change) Market Cap
CARR Carrier Global Corp

+0.23 (+0.30%)

USD 69.61B
BLDR Builders FirstSource Inc

+0.63 (+0.32%)

USD 22.65B
LII Lennox International Inc

-6.17 (-1.01%)

USD 21.51B
WMS Advanced Drainage Systems Inc

-0.60 (-0.40%)

USD 11.20B
AZEK Azek Company Inc

+0.20 (+0.44%)

USD 6.50B
AWI Armstrong World Industries Inc

+0.29 (+0.23%)

USD 5.63B
GMS GMS Inc

+0.96 (+1.07%)

USD 3.26B
ASPN Aspen Aerogels Inc

+0.60 (+2.47%)

USD 1.87B
JBI Janus International Group Inc

-0.25 (-2.44%)

USD 1.49B
JELD Jeld-Wen Holding Inc

+0.28 (+1.85%)

USD 1.18B

ETFs Containing TT

DXIF:CA Dynamic Active Internatio.. 5.43 % 0.00 %

N/A

CAD 4.17M
CLMA:LSE iClima Global Decarbonisa.. 4.99 % 0.00 %

N/A

USD 0.02B
ECLM:XETRA iClima Global Decarbonisa.. 4.92 % 0.00 %

-0.02 (-0.64%)

USD 0.03B
CLMA:PA iClima Global Decarbonisa.. 4.92 % 0.00 %

-0.01 (-0.64%)

N/A
BELT BlackRock Long-Term U.S. .. 4.90 % 0.00 %

-0.19 (-0.64%)

N/A
SOLR Guinness Atkinson Funds 4.84 % 0.00 %

-0.06 (-0.64%)

USD 4.82M
EDGF:CA Brompton European Dividen.. 4.55 % 0.00 %

N/A

CAD 0.02B
TEMP JPMorgan Climate Change S.. 4.49 % 0.00 %

-0.13 (-0.64%)

USD 0.01B
GRNR 4.49 % 0.00 %

N/A

N/A
T3PM:LSE JPMorgan ETFs (Ireland) I.. 4.14 % 0.00 %

-17.45 (-0.64%)

N/A
T3MP:XETRA JPMorgan ETFs (Ireland) I.. 4.14 % 0.00 %

-0.12 (-0.64%)

N/A
T3MP:LSE JPMorgan ETFs (Ireland) I.. 4.14 % 0.00 %

-0.17 (-0.64%)

N/A
AMAL:LSE Saturna Al-Kawthar Global.. 3.99 % 0.00 %

-0.06 (-0.64%)

USD 0.02B
ASWE:XETRA Saturna Al-Kawthar Global.. 3.94 % 0.00 %

-0.05 (-0.64%)

USD 0.01B
TEMP:SW JPMorgan ETFs (Ireland) I.. 3.87 % 0.00 %

N/A

USD 0.81B
NEWZ StockSnips AI-Powered Sen.. 3.86 % 0.00 %

-0.17 (-0.64%)

N/A
PAVE:LSE Global X U.S. Infrastruct.. 3.82 % 0.00 %

-0.09 (-0.64%)

USD 0.28B
PAVG:LSE Global X U.S. Infrastruct.. 3.82 % 0.00 %

-13.50 (-0.64%)

USD 0.02B
PRN Invesco DWA Industrials M.. 3.81 % 0.00 %

+0.05 (+-0.64%)

USD 0.29B
PAVE 3.74 % 0.00 %

N/A

N/A
94VE:XETRA Global X U.S. Infrastruct.. 3.72 % 0.00 %

-0.03 (-0.64%)

USD 0.10B
PAVE:SW Global X U.S. Infrastruct.. 3.72 % 0.00 %

-0.07 (-0.64%)

USD 0.28B
AMAP:LSE Saturna Al-Kawthar Global.. 3.68 % 0.00 %

-6.40 (-0.64%)

N/A
HNCS:LSE HSBC NASDAQ Global Climat.. 3.68 % 0.00 %

-0.07 (-0.64%)

USD 0.05B
MID American Century Mid Cap .. 3.20 % 0.00 %

-0.18 (-0.64%)

USD 0.07B
CIRC 3.20 % 0.00 %

N/A

N/A
NWLG Nuveen Winslow Large-Cap .. 2.91 % 0.00 %

-0.10 (-0.64%)

USD 8.57M
BJLC:XETRA BNP Paribas Easy ECPI Cir.. 2.36 % 0.00 %

-0.10 (-0.64%)

USD 0.93B
NTZG Nuveen Global Net Zero Tr.. 2.14 % 0.00 %

+0.01 (+-0.64%)

USD 6.37M
DIGI:XETRA Digital Infrastructure an.. 2.12 % 0.00 %

-0.06 (-0.64%)

USD 0.02B
DIGI:PA Digital Infrastructure an.. 2.12 % 0.00 %

-0.08 (-0.64%)

USD 0.02B
DIGI:SW Digital Infrastructure an.. 2.12 % 0.00 %

-0.02 (-0.64%)

USD 0.02B
WELH:XETRA Amundi S&P Global Industr.. 2.05 % 0.00 %

+0.02 (+-0.64%)

N/A
WELT:XETRA Amundi S&P Global Industr.. 2.05 % 0.00 %

-0.06 (-0.64%)

N/A
IQSA:LSE Invesco Quantitative Stra.. 1.74 % 0.00 %

-0.42 (-0.64%)

USD 0.48B
JEPI JPMorgan Equity Premium I.. 1.68 % 0.00 %

-0.16 (-0.64%)

USD 35.41B
MVEA:XETRA iShares Edge MSCI USA Min.. 1.49 % 0.00 %

-0.04 (-0.64%)

USD 0.32B
CLMA:SW iClima Global Decarbonisa.. 1.23 % 0.00 %

-0.03 (-0.64%)

N/A
CLMP:LSE iClima Global Decarbonisa.. 1.17 % 0.00 %

-2.95 (-0.64%)

N/A
FTC First Trust Large Cap Gro.. 0.96 % 0.61 %

+0.02 (+-0.64%)

USD 1.11B
FAD First Trust Multi Cap Gro.. 0.47 % 0.69 %

-0.30 (-0.64%)

USD 0.21B
DEF 0.00 % 0.59 %

N/A

N/A
PKB Invesco Dynamic Building .. 0.00 % 0.60 %

+0.06 (+-0.64%)

USD 0.34B
RYJ 0.00 % 0.75 %

N/A

N/A
XHB SPDR® S&P Homebuilders E.. 0.00 % 0.35 %

-0.23 (-0.64%)

N/A
INDW:PA Amundi S&P Global Industr.. 0.00 % 0.00 %

-0.01 (-0.64%)

USD 0.26B
FTGU:F First Trust Global Funds .. 0.00 % 0.00 %

+0.18 (+-0.64%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (Building Products & Equipment) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 52.35% 91% A- 97% N/A
Dividend Return 1.03% 75% C 25% F
Total Return 53.39% 95% A 97% N/A
Trailing 12 Months  
Capital Gain 84.65% 91% A- 97% N/A
Dividend Return 1.62% 75% C 25% F
Total Return 86.28% 91% A- 97% N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 30.38% 65% D 90% A-
Dividend Return 31.90% 70% C- 89% A-
Total Return 1.52% 69% C- 35% F
Risk Return Profile  
Volatility (Standard Deviation) 40.54% 61% D- 23% F
Risk Adjusted Return 78.68% 78% C+ 90% A-
Market Capitalization 83.25B 100% F 98% N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector