$416.08
0.67% today
NYSE, Nov 26, 04:50 pm CET
ISIN
IE00BK9ZQ967
Symbol
TT

Trane Technologies Target price 2024 - Analyst rating & recommendation

Trane Technologies Classifications & Recommendation:

Buy
32%
Hold
54%
Sell
14%

Trane Technologies Price Target

Target Price $420.72
Price $413.32
Potential
Number of Estimates 20
20 Analysts have issued a price target Trane Technologies 2025 . The average Trane Technologies target price is $420.72. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 28 analysts: 9 Analysts recommend Trane Technologies to buy, 15 to hold and 4 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 19.72
10.54% 11.56%
EBITDA Margin 18.40% 19.39%
6.26% 5.38%
Net Margin 11.17% 12.70%
6.06% 13.67%

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

$19.7b
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. This is
1.71% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$19.9b 2.58%
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, the lowest is
$19.5b 0.75%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $17.7b 10.54%
2024
$19.7b 11.56%
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2025
$21.2b 7.50%
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2026
$22.7b 7.04%
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2027
$24.3b 6.96%
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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
1.72% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$3.9b 2.76%
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, the lowest is
$3.8b 0.17%
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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 17.57%
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2025
$4.2b 10.60%
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2026
$4.6b 9.48%
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2027
$5.0b 8.56%
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EBITDA Margin

2023 18.40% 6.26%
2024
19.39% 5.38%
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2025
19.95% 2.89%
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2026
20.41% 2.31%
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2027
20.71% 1.47%
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11 Trane Technologies Analysts have issued a net profit forecast 2024. The average Trane Technologies net profit estimate is

$2.5b
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. This is
3.15% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$2.5b 3.99%
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, the lowest is
$2.5b 2.60%
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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
$2.5b 26.79%
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2025
$2.9b 14.20%
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2026
$3.2b 11.87%
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Net Margin

2023 11.17% 6.06%
2024
12.70% 13.67%
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2025
13.49% 6.22%
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2026
14.10% 4.52%
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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 11.12
17.25% 26.80%
P/E 37.17
EV/Sales 4.89

11 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

$11.12
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. This is
3.15% 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
$11.21 3.99%
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, the lowest is
$11.06 2.60%
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.

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

Earnings Per Share

2023 $8.77 17.25%
2024
$11.12 26.80%
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2025
$12.70 14.21%
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2026
$14.21 11.89%
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P/E ratio

Current 38.33 42.17%
2024
37.17 3.03%
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2025
32.55 12.43%
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2026
29.10 10.60%
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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 4.97 53.87%
2024
4.89 1.67%
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2025
4.55 6.98%
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2026
4.25 6.57%
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2027
3.97 6.51%
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P/S ratio

Current 4.80 59.82%
2024
4.72 1.69%
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2025
4.39 6.98%
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2026
4.10 6.57%
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2027
3.83 6.51%
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