Trane Technologies plc (NYSE: TT) has experienced a rise in its stock price by 0.18 compared to its previous closing price of 399.56. However, the company has seen a gain of 3.82% in its stock price over the last five trading days. zacks.com reported 2025-01-23 that Trane Technologies (TT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is It Worth Investing in Trane Technologies plc (NYSE: TT) Right Now?
The price-to-earnings ratio for Trane Technologies plc (NYSE: TT) is 37.12x, which is above its average ratio. Moreover, the 36-month beta value for TT is 1.11. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 16 as “hold,” and 2 as “sell.”
The public float for TT is 224.37M and currently, short sellers hold a 1.39% of that float. On January 24, 2025, TT’s average trading volume was 1.21M shares.
TT’s Market Performance
TT’s stock has seen a 3.82% increase for the week, with a 6.21% rise in the past month and a -0.13% fall in the past quarter. The volatility ratio for the week is 1.64%, and the volatility levels for the past 30 days are at 1.85% for Trane Technologies plc The simple moving average for the last 20 days is 4.64% for TT’s stock, with a simple moving average of 11.90% for the last 200 days.
Analysts’ Opinion of TT
Many brokerage firms have already submitted their reports for TT stocks, with Northcoast repeating the rating for TT by listing it as a “Buy.” The predicted price for TT in the upcoming period, according to Northcoast is $500 based on the research report published on November 22, 2024 of the previous year 2024.
UBS, on the other hand, stated in their research note that they expect to see TT reach a price target of $500, previously predicting the price at $375. The rating they have provided for TT stocks is “Buy” according to the report published on November 13th, 2024.
HSBC Securities gave a rating of “Hold” to TT, setting the target price at $405 in the report published on October 31st of the previous year.
TT Trading at 0.86% from the 50-Day Moving Average
After a stumble in the market that brought TT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.14% of loss for the given period.
Volatility was left at 1.85%, however, over the last 30 days, the volatility rate increased by 1.64%, as shares surge +6.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.10% upper at present.
During the last 5 trading sessions, TT rose by +3.82%, which changed the moving average for the period of 200-days by +31.38% in comparison to the 20-day moving average, which settled at $382.56. In addition, Trane Technologies plc saw 8.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TT starting from Magner Mairead, who sale 4,329 shares at the price of $416.00 back on Dec 04 ’24. After this action, Magner Mairead now owns 12,893 shares of Trane Technologies plc, valued at $1,800,868 using the latest closing price.
Magner Mairead, the Officer of Trane Technologies plc, proposed sale 4,329 shares at $412.70 during a trade that took place back on Dec 04 ’24, which means that Magner Mairead is holding shares at $1,786,591 based on the most recent closing price.
Stock Fundamentals for TT
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.35 for the gross margin
The net margin for Trane Technologies plc stands at 0.13. The total capital return value is set at 0.24. Equity return is now at value 35.00, with 12.55 for asset returns.
Based on Trane Technologies plc (TT), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.6. The debt to equity ratio resting at 0.69. The interest coverage ratio of the stock is 14.35.
Currently, EBITDA for the company is 3.15 billion with net debt to EBITDA at 1.02. When we switch over and look at the enterprise to sales, we see a ratio of 4.84. The receivables turnover for the company is 5.71for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
To wrap up, the performance of Trane Technologies plc (TT) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
