$342.07
0.25% day before yesterday
NYSE, Sep 06, 10:10 pm CET
ISIN
IE00BK9ZQ967
Symbol
TT

Trane Technologies Target price 2024 - Analyst rating & recommendation

Trane Technologies Classifications & Recommendation:

Buy
36%
Hold
56%
Sell
8%

Trane Technologies Price Target

Target Price $360.88
Price $342.07
Potential
Number of Estimates 19
19 Analysts have issued a price target Trane Technologies 2025 . The average Trane Technologies target price is $360.88. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 25 analysts: 9 Analysts recommend Trane Technologies to buy, 14 to hold and 2 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Trane Technologies stock has an average upside potential 2025 of . Most analysts recommend the Trane Technologies stock at Hold.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 17.68 19.53
10.54% 10.51%
EBITDA Margin 18.40% 19.21%
6.26% 4.40%
Net Margin 11.21% 12.52%
6.06% 11.72%

21 Analysts have issued a sales forecast Trane Technologies 2024 . The average Trane Technologies sales estimate is

$19.5b
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. This is
3.74% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$19.7b 4.55%
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, the lowest is
$19.3b 2.72%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $17.7b 10.54%
2024
$19.5b 10.51%
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2025
$21.0b 7.25%
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2026
$22.5b 7.21%
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2027
$23.8b 6.00%
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19 Analysts have issued an Trane Technologies EBITDA forecast 2024. The average Trane Technologies EBITDA estimate is

$3.8b
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. This is
4.22% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$3.8b 6.25%
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, the lowest is
$3.6b 0.96%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $3.3b 17.46%
2024
$3.8b 15.36%
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2025
$4.1b 9.98%
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2026
$4.6b 10.45%
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2027
$4.8b 5.29%
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EBITDA Margin

2023 18.40% 6.26%
2024
19.21% 4.40%
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2025
19.70% 2.55%
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2026
20.29% 2.99%
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2027
20.16% 0.64%
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12 Trane Technologies Analysts have issued a net profit forecast 2024. The average Trane Technologies net profit estimate is

$2.4b
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. This is
7.05% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$2.5b 8.90%
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, the lowest is
$2.4b 5.93%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $2.0b 17.25%
2024
$2.4b 23.41%
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2025
$2.8b 13.97%
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2026
$3.2b 13.60%
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Net Margin

2023 11.21% 6.06%
2024
12.52% 11.72%
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2025
13.30% 6.23%
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2026
14.09% 5.94%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 8.77 10.82
17.25% 23.38%
P/E 31.61
EV/Sales 4.15

12 Analysts have issued a Trane Technologies forecast for earnings per share. The average Trane Technologies <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$10.82
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. This is
7.02% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$11.01 8.90%
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, the lowest is
$10.71 5.93%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $8.77 17.25%
2024
$10.82 23.38%
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2025
$12.34 14.05%
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2026
$14.01 13.53%
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P/E ratio

Current 33.82 48.40%
2024
31.61 6.53%
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2025
27.73 12.27%
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2026
24.41 11.97%
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Based on analysts' sales estimates for 2024, the Trane Technologies stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.31 41.31%
2024
4.15 3.61%
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2025
3.87 6.76%
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2026
3.61 6.72%
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2027
3.41 5.66%
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P/S ratio

Current 4.10 47.08%
2024
3.95 3.61%
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2025
3.68 6.76%
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2026
3.44 6.72%
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2027
3.24 5.66%
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