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 | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | 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 88.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.78. Trane Technologies plc recorded earning per share (EPS) of 9.45. The entity last dividend was issued on the 7th of June 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 88.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Ingersoll Rand Successfully Completes 3,300 Million Senior Unsecured Bond Offering and New 2,600 Million Senior Unsecured Revolving Credit Facility, Upgraded One Notch by All Three Rating Agencies |
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 |
Trane Technologies Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Trane target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Trane Technologies' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 25 | Buy |
Most Trane analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Trane stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Trane Technologies plc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationTrane Technologies Target Price Projection
Trane Technologies' current and average target prices are 331.98 and 217.29, respectively. The current price of Trane Technologies is the price at which Trane Technologies plc is currently trading. On the other hand, Trane Technologies' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Trane Technologies Market Quote on 11th of May 2024
Target Price
Analyst Consensus On Trane Technologies Target Price
Trane Technologies Analyst Ratings
Trane Technologies' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Trane Technologies stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Trane Technologies' financials, market performance, and future outlook by experienced professionals. Trane Technologies' historical ratings below, therefore, can serve as a valuable tool for investors.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 | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3 M | Massachusetts Financial Services Company | 2023-12-31 | 2.7 M | Norges Bank | 2023-12-31 | 2.7 M | Northern Trust Corp | 2023-12-31 | 2.4 M | Pictet Asset Manangement Sa | 2023-12-31 | 2.3 M | Capital World Investors | 2023-12-31 | 2.2 M | Legal & General Group Plc | 2023-12-31 | 2.1 M | Fisher Asset Management, Llc | 2023-12-31 | 2.1 M | Alphinity Investment Management Pty Ltd | 2023-12-31 | 2 M | Blackrock Inc | 2023-12-31 | 19.7 M | Vanguard Group Inc | 2023-12-31 | 18.7 M |
Trane Technologies' market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 75.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trane Technologies's market, we take the total number of its shares issued and multiply it by Trane Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Trane Technologies' profitablity analysis
Trane Technologies' profitability indicators refer to fundamental financial ratios that showcase Trane Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Trane Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Trane Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Trane Technologies' profitability requires more research than a typical breakdown of Trane Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| 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.
The data published in Trane Technologies' official financial statements usually reflect Trane Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Trane Technologies plc. For example, before you start analyzing numbers published by Trane accountants, it's critical to develop an understanding of what Trane Technologies' liquidity, profitability, and earnings quality are in the context of the Building Products space in which it operates.
Please note, the presentation of Trane Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trane Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, 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. Please utilize our Beneish M Score to check the likelihood of Trane Technologies' management manipulating its earnings.
Evaluate Trane Technologies' management efficiency
Trane Technologies plc has Return on Asset (ROA) of 0.1008 % which means that for every $100 of assets, it generated a profit of $0.1008. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.339 %, which means that it produced $0.339 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 | 30.60 | 32.13 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (11.02) | (10.46) | |
| Enterprise Value Over EBITDA | 18.75 | 19.69 | |
| Price Book Value Ratio | 7.97 | 8.37 | |
| Enterprise Value Multiple | 18.75 | 19.69 | |
| Price Fair Value | 7.97 | 8.37 | |
| Enterprise Value | 18.3 B | 19.2 B |
The analysis of Trane Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Trane Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Trane Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0101 | Forward Dividend Yield 0.0101 | Forward Dividend Rate 3.36 | Beta 1.199 |
Basic technical analysis of Trane Stock
As of the 11th of May 2024, Trane Technologies has the Risk Adjusted Performance of 0.16, coefficient of variation of 398.04, and Semi Deviation of 0.4798. 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. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Trane Technologies plc, which can be compared to its competition. Please validate Trane Technologies plc mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Trane Technologies is priced more or less accurately, providing market reflects its prevalent price of 331.98 per share. Given that Trane Technologies plc has jensen alpha of 0.2612, we advise you to double-check Trane Technologies plc's current market performance to make sure the company can sustain itself at a future point.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 | 0.16 | |||
| Market Risk Adjusted Performance | 0.6316 | |||
| Mean Deviation | 0.9521 | |||
| Semi Deviation | 0.4798 | |||
| Downside Deviation | 0.8449 | |||
| Coefficient Of Variation | 398.04 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.48 | |||
| Information Ratio | 0.1829 | |||
| Jensen Alpha | 0.2612 | |||
| Total Risk Alpha | 0.1514 | |||
| Sortino Ratio | 0.2638 | |||
| Treynor Ratio | 0.6216 | |||
| Maximum Drawdown | 6.22 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 2.06 | |||
| Downside Variance | 0.7139 | |||
| Semi Variance | 0.2302 | |||
| Expected Short fall | (1.14) | |||
| Skewness | 1.24 | |||
| Kurtosis | 3.45 |
| Risk Adjusted Performance | 0.16 | |||
| Market Risk Adjusted Performance | 0.6316 | |||
| Mean Deviation | 0.9521 | |||
| Semi Deviation | 0.4798 | |||
| Downside Deviation | 0.8449 | |||
| Coefficient Of Variation | 398.04 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.48 | |||
| Information Ratio | 0.1829 | |||
| Jensen Alpha | 0.2612 | |||
| Total Risk Alpha | 0.1514 | |||
| Sortino Ratio | 0.2638 | |||
| Treynor Ratio | 0.6216 | |||
| Maximum Drawdown | 6.22 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 2.06 | |||
| Downside Variance | 0.7139 | |||
| Semi Variance | 0.2302 | |||
| Expected Short fall | (1.14) | |||
| Skewness | 1.24 | |||
| Kurtosis | 3.45 |
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 | 9197.53 | |||
| Daily Balance Of Power | (0.23) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 333.21 | |||
| Day Typical Price | 332.8 | |||
| Price Action Indicator | (1.70) | |||
| Period Momentum Indicator | (0.94) |
Trane Technologies Corporate Filings
8K | 30th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 25th of April 2024 Other Reports | ViewVerify | |
F4 | 7th of March 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 |
F3 | 14th of February 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | 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 Maximum Pain Price across 2024-05-17 Option Contracts
Trane Technologies' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Trane Technologies close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Trane Technologies' options.
Be your own money manager
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Trane Technologies Corporate Management
Elected by the shareholders, the Trane Technologies' board of directors comprises two types of representatives: Trane Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trane. The board's role is to monitor Trane Technologies' management team and ensure that shareholders' interests are well served. Trane Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Trane Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| 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 |
How to buy Trane Stock?
To provide specific investment advice or recommendations on Trane Technologies plc stock, we recommend investors consider the following general factors when evaluating Trane Technologies plc. This will help you to make an informed decision on whether to include Trane Technologies in one of your diversified portfolios:- 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.
Already Invested in Trane Technologies plc?
The danger of trading Trane Technologies plc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Trane Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Trane Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Trane Technologies plc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Trane Technologies plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Trane Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trane Technologies Plc Stock. Highlighted below are key reports to facilitate an investment decision about Trane Technologies Plc Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trane Technologies plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary 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.
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Is Trane Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trane Technologies. If investors know Trane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trane Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.43 | Dividend Share 3.09 | Earnings Share 9.45 | Revenue Per Share 79.9 | Quarterly Revenue Growth 0.15 |
The market value of Trane Technologies plc is measured differently than its book value, which is the value of Trane that is recorded on the company's balance sheet. Investors also form their own opinion of Trane Technologies' value that differs from its market value or its book value, called intrinsic value, which is Trane Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trane Technologies' market value can be influenced by many factors that don't directly affect Trane Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Trane Technologies' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Trane Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trane Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.