Trane Technologies Plc Stock Analysis

Trane Stock Analysis Notes

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 8.89. The entity last dividend was issued on the 7th of June 2024. The firm had 1289:1000 split on the 2nd of March 2020. Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland. Trane Technologies is traded on New York Stock Exchange in the United States. To find out more about Trane Technologies plc contact Michael Lamach at 353 1 870 7400 or learn more at https://www.tranetechnologies.com.

Trane Technologies plc Investment Alerts

Trane Technologies plc Upcoming and Recent Events

Trane Largest EPS Surprises

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Trane Technologies Thematic Classifications

Trane Stock Institutional Investors

Note, although Trane Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Trane Market Capitalization

The company currently falls under 'Large-Cap' category with a market capitalization of 69.15 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.

Trane Profitablity

The company has Net Profit Margin (PM) of 0.11 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.15 %, which signifies that for every $100 of sales, it has a net operating income of $0.15.

Management Efficiency

Trane Technologies plc has Return on Asset (ROA) of 0.0942 % which means that for every $100 of assets, it generated a profit of $0.0942. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.3153 %, which means that it produced $0.3153 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.

Technical Drivers

As of the 30th of April, Trane Technologies has the Risk Adjusted Performance of 0.1411, semi deviation of 0.6353, and Coefficient Of Variation of 460.43. 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 304.53 per share. Given that Trane Technologies plc has jensen alpha of 0.2072, 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.

Trane Technologies plc Price Movement Analysis

Trane Technologies Predictive Daily Indicators

Trane Technologies Corporate Filings

Trane Technologies Forecast Models

Trane Technologies' time-series forecasting models are one of many Trane Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Trane Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Trane Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Trane shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Trane Technologies. By using and applying Trane Stock analysis, traders can create a robust methodology for identifying Trane entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Trane analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Trane analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Trane Technologies plc stock analysis indicators help investors evaluate how Trane Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Trane Technologies shares will generate the highest return on investment. By understating and applying Trane Technologies stock analysis, traders can identify Trane Technologies position entry and exit signals to maximize returns.

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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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.

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.

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.

Please note, there is a significant difference between Trane Technologies' value and its price as these two are different measures arrived at by different 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.