Trane Technologies plc (TT)
NYSE: TT · IEX Real-Time Price · USD
300.20
+0.49 (0.16%)
At close: Mar 28, 2024, 4:00 PM
300.50
+0.30 (0.10%)
After-hours: Mar 28, 2024, 7:47 PM EDT
Trane Technologies Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Trane Technologies stock have an average target of 231.86, with a low estimate of 163 and a high estimate of 287. The average target predicts a decrease of -22.76% from the current stock price of 300.20.
Analyst Consensus: Hold
* Price targets were last updated on Feb 6, 2024.
Analyst Ratings
The average analyst rating for TT stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
Buy | 3 | 3 | 2 | 2 | 2 | 2 |
Hold | 10 | 10 | 10 | 10 | 10 | 9 |
Sell | 2 | 2 | 2 | 2 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 18 | 18 | 17 | 17 | 17 | 15 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stephens & Co. | Stephens & Co. | Hold Maintains $235 → $280 | Hold | Maintains | $235 → $280 | -6.73% | Feb 6, 2024 |
Goldman Sachs | Goldman Sachs | Hold Maintains $253 → $287 | Hold | Maintains | $253 → $287 | -4.40% | Feb 5, 2024 |
RBC Capital | RBC Capital | Hold Maintains $231 → $246 | Hold | Maintains | $231 → $246 | -18.05% | Feb 2, 2024 |
Wells Fargo | Wells Fargo | Sell Maintains $200 → $246 | Sell | Maintains | $200 → $246 | -18.05% | Dec 19, 2023 |
Citigroup | Citigroup | Strong Buy Maintains $246 → $269 | Strong Buy | Maintains | $246 → $269 | -10.39% | Dec 11, 2023 |
Financial Forecast
Revenue This Year
19.57B
from 17.68B
Increased by 10.72%
Revenue Next Year
20.79B
from 19.57B
Increased by 6.23%
EPS This Year
10.52
from 8.77
Increased by 19.95%
EPS Next Year
11.73
from 10.52
Increased by 11.46%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 20.2B | 21.9B | 23.2B | 23.8B |
Avg | 19.6B | 20.8B | 22.1B | 23.3B |
Low | 18.3B | 19.3B | 20.2B | 22.2B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 14.0% | 11.8% | 11.4% | 7.6% |
Avg | 10.7% | 6.2% | 6.3% | 5.5% |
Low | 3.7% | -1.4% | -2.7% | 0.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 10.83 | 12.55 | 13.81 | 12.62 |
Avg | 10.52 | 11.73 | 13.03 | 12.38 |
Low | 9.90 | 10.66 | 11.96 | 11.78 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 23.4% | 19.3% | 17.7% | -3.1% |
Avg | 20.0% | 11.5% | 11.1% | -5.0% |
Low | 12.9% | 1.4% | 2.0% | -9.6% |
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.