Trane Technologies PLC's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 22 out of 184 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 471.94.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Trane Technologies PLC is 8.56, ranking 31 out of 184 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 5.14B, representing a year-over-year increase of 5.55%, while its net profit experienced a year-over-year increase of 2.15%.
Key Metrics
The current valuation score of Trane Technologies PLC is 5.14, ranking 163 out of 184 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is 32.83, which is 17.37% below the recent high of 38.53 and 36.11% above the recent low of 20.98.
The current earnings forecast score of Trane Technologies PLC is 7.12, ranking 105 out of 184 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 468.75, with a high of 550.00 and a low of 415.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Trane Technologies PLC is 9.75, ranking 4 out of 184 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 454.61 and the support level at 372.80, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Trane Technologies PLC is 10.00, ranking 1 out of 184 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The latest institutional shareholding proportion is 90.26%, representing a quarter-over-quarter decrease of 1.37%. The largest institutional shareholder is The Vanguard, holding a total of 19.73M shares, representing 8.90% of shares outstanding, with 2.48% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Trane Technologies PLC is 8.40, ranking 32 out of 184 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 1.21. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
