Trane Technologies (TT-N)
NYSE:TT
332.00
14.60
(4.21%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
Trane Technologies (TT-N) has demonstrated strong performance, particularly in the HVAC sector, with a notable increase of 292% over the past five years and a 44% rise year-to-date. The company reported impressive results in late July, showcasing a 13% growth in organic revenue and an increase in its full-year forecast. With substantial bookings growing 19% year-over-year, Trane Technologies possesses a robust order backlog of $7.5 billion, primarily driven by commercial orders in data centers, schools, and healthcare. However, the stock is currently trading at a high price-to-earnings ratio of 32x, compared to its historical average of 26x, which may suggest a potential correction in the near future as it has rallied significantly this year.
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.
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Trane Technologies(TT-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Trane Technologies(TT-N) Frequently Asked Questions
What is Trane Technologies stock symbol?
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
Is Trane Technologies a buy or a sell?
In the last year, 2 stock analysts published opinions about TT-N. 2 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.
Is Trane Technologies a good investment or a top pick?
Trane Technologies was recommended as a Top Pick by on . Read the latest stock experts ratings for Trane Technologies.
Why is Trane Technologies stock dropping?
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.
Is Trane Technologies worth watching?
2 stock analysts on Stockchase covered Trane Technologies In the last year. It is a trending stock that is worth watching.
What is Trane Technologies stock price?
On 2025-03-28, Trane Technologies (TT-N) stock closed at a price of $332.
An excellent company with a backlog of orders. Is up 55% this year, so it could come down a little.