Trane Technologies plc (TT)
NYSE: TT · Real-Time Price · USD
411.16
-1.87 (-0.45%)
At close: Nov 20, 2024, 4:00 PM
410.50
-0.66 (-0.16%)
Pre-market: Nov 21, 2024, 7:15 AM EST
Trane Technologies Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Trane Technologies stock have an average target of 383.8, with a low estimate of 300 and a high estimate of 500. The average target predicts a decrease of -6.65% from the current stock price of 411.16.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TT stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 4 |
| Buy | 2 | 2 | 2 | 3 | 2 | 2 |
| Hold | 7 | 7 | 7 | 7 | 7 | 7 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 16 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Initiates $375 → $500 | Strong Buy | Initiates | $375 → $500 | +21.61% | Nov 13, 2024 |
| HSBC | HSBC | Strong Buy → Hold Downgrades $405 | Strong Buy → Hold | Downgrades | $405 | -1.50% | Oct 31, 2024 |
| Barclays | Barclays | Buy Maintains $425 → $440 | Buy | Maintains | $425 → $440 | +7.01% | Oct 31, 2024 |
| Baird | Baird | Hold Maintains $408 → $404 | Hold | Maintains | $408 → $404 | -1.74% | Oct 31, 2024 |
| Mizuho | Mizuho | Hold Maintains $325 → $400 | Hold | Maintains | $325 → $400 | -2.71% | Oct 17, 2024 |
Financial Forecast
Revenue This Year
20.31B
from 17.68B
Increased by 14.91%
Revenue Next Year
21.82B
from 20.31B
Increased by 7.39%
EPS This Year
11.46
from 8.77
Increased by 30.65%
EPS Next Year
13.03
from 11.46
Increased by 13.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.9B | 22.5B | 24.3B | ||
| Avg | 20.3B | 21.8B | 23.3B | ||
| Low | 19.2B | 20.5B | 21.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.1% | 10.9% | 11.2% | ||
| Avg | 14.9% | 7.4% | 6.8% | ||
| Low | 8.8% | 0.8% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.77 | 13.62 | 15.56 | ||
| Avg | 11.46 | 13.03 | 14.55 | ||
| Low | 10.83 | 12.15 | 13.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.2% | 18.9% | 19.4% | ||
| Avg | 30.7% | 13.7% | 11.6% | ||
| Low | 23.4% | 6.0% | 3.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.