There is no shortage of investors who are bullish on Trane Technologies plc (TT) stock

A share price of Trane Technologies plc [TT] is currently trading at $338.90, down -0.14%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TT shares have lost -0.83% over the last week, with a monthly amount drifted -7.09%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Trane Technologies plc [NYSE: TT] stock has seen the most recent analyst activity on January 28, 2025, when Melius downgraded its rating to a Hold but kept the price target unchanged to $398 for it. Previously, Northcoast started tracking the stock with Buy rating on November 22, 2024, and set its price target to $500. HSBC Securities downgraded its rating to a Hold but stick to its price target of $405 on October 31, 2024. Morgan Stanley initiated its recommendation with a Overweight and recommended $425 as its price target on September 06, 2024. JP Morgan upgraded its rating to Neutral for this stock on October 06, 2023, but kept the price target unchanged to $191. In a note dated October 05, 2023, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $187 to $210.

Trane Technologies plc experienced fluctuations in its stock price throughout the past year between $285.62 and $422.00. Currently, Wall Street analysts expect the stock to reach $418.6 within the next 12 months. Trane Technologies plc [NYSE: TT] shares were valued at $338.90 at the most recent close of the market. An investor can expect a potential return of 23.52% based on the average TT price forecast.

Analyzing the TT fundamentals

Trailing Twelve Months sales for Trane Technologies plc [NYSE:TT] were 19.84B which represents 10.17% growth. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.25 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 335.78 points at the first support level, and at 332.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 341.07, and for the 2nd resistance point, it is at 343.23.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Trane Technologies plc [NYSE:TT] is 1.21. Further, the Quick Ratio stands at 0.88, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 3.83, the price to book ratio is 10.20 and price to earnings (TTM) ratio is 30.13.

Transactions by insiders

Recent insider trading involved Regnery David S, Chair and CEO, that happened on Mar 05 ’25 when 26989.0 shares were sold. Group President, Americas, Simmons Donald E. completed a deal on Mar 05 ’25 to sell 3373.0 shares. Meanwhile, Senior Vice President Turtz Evan M sold 3778.0 shares on Mar 05 ’25.

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