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
Target Low Average Median High
Price $163 $231.86 $240 $287
Change -45.70% -22.76% -20.05% -4.40%
* 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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333332
Buy 332222
Hold 10101010109
Sell 222222
Strong Sell 000000
Total 181817171715

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
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
13.08B12.45B14.14B15.99B17.68B19.57B20.79B22.10B23.32B
Revenue Growth
5.93%-4.75%13.50%13.12%10.54%10.72%6.23%6.28%5.51%
EPS
5.773.525.877.488.7710.5211.7313.0312.38
EPS Growth
7.85%-38.99%66.76%27.43%17.25%19.95%11.46%11.10%-4.96%
No. Analysts -----2826144
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 2024202520262027
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 2024202520262027
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.