Is Trane Technologies Stock a Good Investment?
Trane Technologies Investment Advice | TT |
- Examine Trane Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Trane Technologies' leadership team and their track record. Good management can help Trane Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Building Products space and any emerging trends that could impact Trane Technologies' business and its evolving consumer preferences.
- Compare Trane Technologies' performance and market position to its competitors. Analyze how Trane Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Trane Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Trane Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Trane Technologies plc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Trane Technologies plc is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Trane Technologies Stock
Researching Trane Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 87.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.96. Trane Technologies plc recorded earning per share (EPS) of 10.9. The entity last dividend was issued on the 6th of December 2024. The firm had 1289:1000 split on the 2nd of March 2020.
To determine if Trane Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Trane Technologies' research are outlined below:
| Trane Technologies is unlikely to experience financial distress in the next 2 years | |
| Over 87.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Trane Technologies is a Great Momentum Stock Should You Buy |
Trane Technologies Quarterly Good Will |
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Trane Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Trane Technologies plc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Trane Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Trane Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Trane Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-04-23 | 2010-03-31 | 0.18 | 0.16 | -0.02 | 11 | ||
2014-04-23 | 2014-03-31 | 0.26 | 0.29 | 0.03 | 11 | ||
2002-10-17 | 2002-09-30 | 0.28 | 0.31 | 0.03 | 10 | ||
1997-04-24 | 1997-03-31 | 0.22 | 0.25 | 0.03 | 13 | ||
1996-07-23 | 1996-06-30 | 0.26 | 0.29 | 0.03 | 11 | ||
2003-07-17 | 2003-06-30 | 0.36 | 0.41 | 0.05 | 13 | ||
2015-04-23 | 2015-03-31 | 0.32 | 0.38 | 0.06 | 18 | ||
2012-04-20 | 2012-03-31 | 0.25 | 0.31 | 0.06 | 24 |
Know Trane Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Trane Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Trane Technologies plc backward and forwards among themselves. Trane Technologies' institutional investor refers to the entity that pools money to purchase Trane Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Franklin Resources Inc | 2024-09-30 | 2.6 M | Massachusetts Financial Services Company | 2024-09-30 | 2.6 M | Nuveen Asset Management, Llc | 2024-06-30 | 2.5 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 2.1 M | Northern Trust Corp | 2024-09-30 | 2.1 M | Legal & General Group Plc | 2024-06-30 | 2.1 M | Pictet Asset Manangement Sa | 2024-06-30 | 2 M | Fisher Asset Management, Llc | 2024-09-30 | 2 M | Alphinity Investment Management Pty Ltd | 2024-09-30 | 2 M | Blackrock Inc | 2024-06-30 | 19.4 M | Vanguard Group Inc | 2024-09-30 | 19.1 M |
Trane Technologies' market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 94.32 B.Market Cap |
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Trane Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.21 | 0.22 | |
| Return On Capital Employed | 0.22 | 0.13 | |
| Return On Assets | 0.10 | 0.11 | |
| Return On Equity | 0.29 | 0.30 |
Determining Trane Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Trane Technologies is a good buy. For example, gross profit margin measures Trane Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Trane Technologies' profitability and make more informed investment decisions.
Trane Technologies' Earnings Breakdown by Geography
Please note, the imprecision that can be found in Trane Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Trane Technologies plc. Check Trane Technologies' Beneish M Score to see the likelihood of Trane Technologies' management manipulating its earnings.
Evaluate Trane Technologies' management efficiency
Trane Technologies plc has Return on Asset (ROA) of 0.1054 % which means that for every $100 of assets, it generated a profit of $0.1054. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.3515 %, which means that it produced $0.3515 on every 100 dollars invested by current stockholders. Trane Technologies' management efficiency ratios could be used to measure how well Trane Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Trane Technologies' Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.11 in 2024, whereas Return On Capital Employed is likely to drop 0.13 in 2024. At this time, Trane Technologies' Non Current Liabilities Other is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 383.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 3.2 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.89 | 32.43 | |
| Tangible Book Value Per Share | (11.08) | (10.53) | |
| Enterprise Value Over EBITDA | 18.79 | 19.73 | |
| Price Book Value Ratio | 7.92 | 8.32 | |
| Enterprise Value Multiple | 18.79 | 19.73 | |
| Price Fair Value | 7.92 | 8.32 | |
| Enterprise Value | 53.2 B | 55.8 B |
Understanding the operational decisions made by Trane Technologies management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.008 | Forward Dividend Yield 0.008 | Forward Dividend Rate 3.36 | Beta 1.221 |
Basic technical analysis of Trane Stock
As of the 28th of November, Trane Technologies has the Semi Deviation of 1.26, risk adjusted performance of 0.1605, and Coefficient Of Variation of 490.04. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trane Technologies plc, as well as the relationship between them.Trane Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Trane Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Trane Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Trane Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Paul Camuti over two months ago Disposition of 7880 shares by Paul Camuti of Trane Technologies at 321.3407 subject to Rule 16b-3 | ||
Kirk Arnold over three months ago Disposition of 348 shares by Kirk Arnold of Trane Technologies at 327.46 subject to Rule 16b-3 |
Trane Technologies' Outstanding Corporate Bonds
Trane Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Trane Technologies plc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Trane bonds can be classified according to their maturity, which is the date when Trane Technologies plc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Trane Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Trane Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1605 | |||
| Market Risk Adjusted Performance | 0.3397 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.26 | |||
| Downside Deviation | 1.57 | |||
| Coefficient Of Variation | 490.04 | |||
| Standard Deviation | 1.39 | |||
| Variance | 1.94 | |||
| Information Ratio | 0.1104 | |||
| Jensen Alpha | 0.174 | |||
| Total Risk Alpha | 0.0548 | |||
| Sortino Ratio | 0.0976 | |||
| Treynor Ratio | 0.3297 | |||
| Maximum Drawdown | 6.5 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 2.36 | |||
| Downside Variance | 2.48 | |||
| Semi Variance | 1.59 | |||
| Expected Short fall | (1.13) | |||
| Skewness | (0.58) | |||
| Kurtosis | 2.03 |
| Risk Adjusted Performance | 0.1605 | |||
| Market Risk Adjusted Performance | 0.3397 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.26 | |||
| Downside Deviation | 1.57 | |||
| Coefficient Of Variation | 490.04 | |||
| Standard Deviation | 1.39 | |||
| Variance | 1.94 | |||
| Information Ratio | 0.1104 | |||
| Jensen Alpha | 0.174 | |||
| Total Risk Alpha | 0.0548 | |||
| Sortino Ratio | 0.0976 | |||
| Treynor Ratio | 0.3297 | |||
| Maximum Drawdown | 6.5 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 2.36 | |||
| Downside Variance | 2.48 | |||
| Semi Variance | 1.59 | |||
| Expected Short fall | (1.13) | |||
| Skewness | (0.58) | |||
| Kurtosis | 2.03 |
Consider Trane Technologies' intraday indicators
Trane Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Trane Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 8662.14 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 417.83 | |||
| Day Typical Price | 417.25 | |||
| Price Action Indicator | (3.26) | |||
| Period Momentum Indicator | (3.05) | |||
| Relative Strength Index | 67.03 |
Trane Technologies Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 7th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 5th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 28th of June 2024 Other Reports | ViewVerify |
Trane Stock media impact
Far too much social signal, news, headlines, and media speculation about Trane Technologies that are available to investors today. That information is available publicly through Trane media outlets and privately through word of mouth or via Trane internal channels. However, regardless of the origin, that massive amount of Trane data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Trane Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Trane Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Trane Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Trane Technologies alpha.
Trane Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Trane Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Trane Technologies plc Historical Investor Sentiment
Investor biases related to Trane Technologies' public news can be used to forecast risks associated with an investment in Trane. The trend in average sentiment can be used to explain how an investor holding Trane can time the market purely based on public headlines and social activities around Trane Technologies plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Trane Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Trane Technologies and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Trane Technologies news discussions. The higher the estimate score, the more favorable the investor's outlook on Trane Technologies.
Trane Technologies Corporate Management
| Elizabeth Elwell | Chief VP | Profile | |
| Heather Howlett | Chief Accounting Officer, Vice President | Profile | |
| Richard Swift | Lead Independent Director | Profile | |
| Zachary Nagle | Vice Relations | Profile | |
| Mark Majocha | Chief VP | Profile |
Additional Tools for Trane Stock Analysis
When running Trane Technologies' price analysis, check to measure Trane Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.