Trane Technologies PLC TT Stock Price & News

Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate.

• The scores are based on the trading styles of Value, Growth, and Momentum.
• In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.
• View the TT premarket stock price ahead of the market session or assess the after hours quote.
• MarketBeat has tracked 3 reddit mentions for Trane Technologies this week, compared to 0 mentions on an average week.
• Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity.

These returns cover a period from January 1, 1988 through April 3, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.78%

High institutional ownership can be a signal of strong market trust in this company. In the past three months, Trane Technologies insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,007,750.00 in company stock. Only 3 people have added Trane Technologies to their MarketBeat watchlist in the last 30 days.

https://1investing.in/ Technologies announced a quarterly dividend on Thursday, April 6th. Investors of record on Friday, June 2nd will be paid a dividend of $0.75 per share on Friday, June 30th. This represents a $3.00 annualized dividend and a yield of 1.61%. Trane Technologies has received a consensus rating of Hold.

The consensus among Wall Street analysts is that investors should “hold” TT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TT, but not buy additional shares or sell existing shares. Through its brands, such as Trane and Thermo King, and its portfolio of products and services, it brings climate solutions to buildings, homes, and transportation. Its Americas segment innovates for customers in North America and Latin America and includes commercial heating and cooling systems, building controls, and energy services and solutions; residential heating and cooling; and transport refrigeration systems and solutions.

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Measures how much net income or profit is generated as a percentage of revenue. The Zacks Technology Services industry seeks to benefit from the increased dependency on technology, digitization and growing adoption of the multi-cloud model. Mad Money host Jim Cramer looks at cyclical stocks and the reason they’ve become true winners, even though the economy seems to be headed into a Fed-mandated recession. Trane Technologies possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

TT or SSTI: Which Is the Better Value Stock Right Now?

Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This news sentiment score is similar to the average news sentiment of Business Services companies. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Real-time analyst ratings, insider transactions, earnings data, and more.

TT and IBP made it to the deflation Rank #1 income stocks list on February 23, 2023. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Investing.com – U.S. equities were higher at the close on Tuesday, as gains in the Oil & Gas, Basic Materials and Industrials sectors propelled shares higher.

Trane Technologies Tops Q3 EPS by 16c; Lifts Outlook

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Trane Technologies saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,700,000 shares, an increase of 25.0% from the March 31st total of 2,960,000 shares.

Earnings for Trane Technologies are expected to grow by 7.80% in the coming year, from $8.33 to $8.98 per share. 17 people have searched for TT on MarketBeat in the last 30 days. This is an increase of 113% compared to the previous 30 days.

Its EMEA segment innovates for customers in the Europe, Middle East and Africa region and includes heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions. Its Asia Pacific segment innovates for customers throughout the Asia Pacific region and includes heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year.

Trane Technologies plc Analysis

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Trane Technologies reported Q3 EPS of $2.27, $0.16 better than the analyst estimate of $2.11.

Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.15… © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Get MarketBeat All Access Free for 30 DaysJoin thousands of other investors who make better investing decisions with our premium tools. Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more.

TT Company Calendar

Based on earnings estimates, Trane Technologies will have a dividend payout ratio of 33.41% next year. This indicates that Trane Technologies will be able to sustain or increase its dividend. Trane Technologies has a short interest ratio (“days to cover”) of 2.3, which is generally considered an acceptable ratio of short interest to trading volume. Trane Technologies shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price.

There may be delays, omissions, or inaccuracies in the Information. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum.

Multibagger Stock Up 126% in 1-Yr to Turn Ex-Split This Week

The company’s average rating score is 2.24, and is based on 7 buy ratings, 7 hold ratings, and 3 sell ratings. Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report.

According to 17 analysts, the average rating for TT stock is “Hold.” The 12-month stock price forecast is $181.47, which is a decrease of -2.34% from the latest price. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow.

Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign-up to receive the latest news and ratings for Trane Technologies and its competitors with MarketBeat’s FREE daily newsletter. 81.47% of the stock of Trane Technologies is held by institutions.

This is a decrease of -25% compared to the previous 30 days. MarketBeat has tracked 20 news articles for Trane Technologies this week, compared to 7 articles on an average week. This payout ratio is at a healthy, sustainable level, below 75%. Trane Technologies pays a meaningful dividend of 1.62%, higher than the bottom 25% of all stocks that pay dividends. According to analysts’ consensus price target of $181.61, Trane Technologies has a forecasted downside of 2.3% from its current price of $185.81.

The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. One share of TT stock can currently be purchased for approximately $185.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.