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Trane Technologies plc is a specialty industrial machinery business based in the US. Trane Technologies shares (TT) are listed on the NYSE and all prices are listed in US Dollars. Trane Technologies employs 35,000 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$180.07|
|52-week range||$121.42 - $206.44|
|50-day moving average||$180.56|
|200-day moving average||$184.42|
|Wall St. target price||$201.53|
|Dividend yield||$2.24 (1.24%)|
|Earnings per share (TTM)||$5.52|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-19)||2.56%|
|1 month (2021-09-24)||-1.73%|
|3 months (2021-07-26)||-9.85%|
|6 months (2021-04-26)||4.19%|
|1 year (2020-10-26)||42.74%|
|2 years (2019-10-25)||48.74%|
|3 years (2018-10-26)||90.91%|
|5 years (2016-10-26)||171.48%|
Valuing Trane Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Trane Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Trane Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 33x. In other words, Trane Technologies shares trade at around 33x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Trane Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.9854. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Trane Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Trane Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.2 billion.
The EBITDA is a measure of a Trane Technologies's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$13.5 billion|
|Operating margin TTM||14.57%|
|Gross profit TTM||$3.8 billion|
|Return on assets TTM||6.92%|
|Return on equity TTM||21.98%|
|Market capitalisation||$43 billion|
TTM: trailing 12 months
There are currently 1.6 million Trane Technologies shares held short by investors – that's known as Trane Technologies's "short interest". This figure is 13.2% down from 1.9 million last month.
There are a few different ways that this level of interest in shorting Trane Technologies shares can be evaluated.
Trane Technologies's "short interest ratio" (SIR) is the quantity of Trane Technologies shares currently shorted divided by the average quantity of Trane Technologies shares traded daily (recently around 1.2 million). Trane Technologies's SIR currently stands at 1.36. In other words for every 100,000 Trane Technologies shares traded daily on the market, roughly 1360 shares are currently held short.
However Trane Technologies's short interest can also be evaluated against the total number of Trane Technologies shares, or, against the total number of tradable Trane Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Trane Technologies's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Trane Technologies shares in existence, roughly 10 shares are currently held short) or 0.007% of the tradable shares (for every 100,000 tradable Trane Technologies shares, roughly 7 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Trane Technologies.
Find out more about how you can short Trane Technologies stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Trane Technologies.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 13.13
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Trane Technologies's overall score of 13.13 (as at 12/31/2018) is excellent – landing it in it in the 6th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Trane Technologies is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 6.12/100
Social score: 0.63/100
Governance score: 1.38/100
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Trane Technologies scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Trane Technologies has, for the most part, managed to keep its nose clean.
|Total ESG score||13.13|
|Total ESG percentile||6.36|
|Level of controversy||2|
Dividend payout ratio: 40.49% of net profits
Recently Trane Technologies has paid out, on average, around 40.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.3% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Trane Technologies shareholders could enjoy a 1.3% return on their shares, in the form of dividend payments. In Trane Technologies's case, that would currently equate to about $2.24 per share.
While Trane Technologies's payout ratio might seem fairly standard, it's worth remembering that Trane Technologies may be investing much of the rest of its net profits in future growth.
Trane Technologies's most recent dividend payout was on 30 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 December 2021 (the "ex-dividend date").
Trane Technologies's shares were split on a 1289:1000 basis on 1 March 2020. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1289 shares. This wouldn't directly have changed the overall worth of your Trane Technologies shares – just the quantity. However, indirectly, the new 22.4% lower share price could have impacted the market appetite for Trane Technologies shares which in turn could have impacted Trane Technologies's share price.
Over the last 12 months, Trane Technologies's shares have ranged in value from as little as $121.4162 up to $206.4426. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Trane Technologies's is 1.2587. This would suggest that Trane Technologies's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services climate control products for heating, ventilation, air conditioning, and transport solutions. 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 assessments and related 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. The company 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, electric-powered trailer and truck, hybrid-powered trailer, 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 Trane, Thermo King, and American Standard 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.
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