This summary was created by AI, based on 2 opinions in the last 12 months.
Trane Technologies (TT-N) has emerged as a strong player in the HVAC market, showcasing impressive performance growth. With a significant 292% increase over the past five years and a 44% year-to-date rise, the company's financial health appears robust. The recent quarterly results reflected a 13% organic revenue growth, accompanied by a noteworthy surge of 19% in bookings year-over-year. Currently, Trane holds a substantial order backlog of $7.5 billion, primarily driven by commercial demands from sectors such as data centers, schools, and healthcare facilities. However, this strong performance has led to a high price-to-earnings (PE) ratio of 32x, which exceeds its historical average of 26x, suggesting potential concerns about future valuation.
A great HVAC play. Is up 292% in the past 5 years and 44% YTD. In late July reported a clean beat and raise with 13% organic revenue growth and raised its full-year forecast. Bookings grew 19% YOY and carry a $7.5 billion order backlog, heavy in commercial orders from data centres especially, schools and healthcare. Trades at a pricey 32x PE after a big run vs. 26x historical.
Recently reported a strong quarter. The company says it's riding the de-carbonization wave, energy efficiency, and digital transformation. Shares have jumped since that quarter.
A winner during this earnings season, reporting organic revenue growth of 9% and EPS up 23%.
The question was on HVAC companies. They are good for green and more efficient buildings. He would choose Trane Technologies which has a decent earnings progression. A second choice would be Carrier.
A major HVAC company. They keep putting up excellent numbers, include a recent strong forecast. Shares are holding in this difficult market. Beat top and bottom line in their last quarter, Q4.
Trane Technologies is a American stock, trading under the symbol TT-N on the New York Stock Exchange (TT). It is usually referred to as NYSE:TT or TT-N
In the last year, 3 stock analysts published opinions about TT-N. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Trane Technologies.
Trane Technologies was recommended as a Top Pick by on . Read the latest stock experts ratings for Trane Technologies.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Trane Technologies In the last year. It is a trending stock that is worth watching.
On 2025-02-20, Trane Technologies (TT-N) stock closed at a price of $366.64.
An excellent company with a backlog of orders. Is up 55% this year, so it could come down a little.