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Trane (TT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

TT Stock Forecast

Trane stock forecast is as follows: an average price target of $402.60 (represents a 6.76% upside from TT’s last price of $377.11) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.

TT Price Target

The average price target for Trane (TT) is $402.60 based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $425.00 to $350.00. This represents a potential 6.76% upside from TT's last price of $377.11.

TT Analyst Ratings

Buy

According to 23 Wall Street analysts, Trane's rating consensus is 'Buy'. The analyst rating breakdown for TT stock is 0 'Strong Buy' (0.00%), 12 'Buy' (52.17%), 9 'Hold' (39.13%), 2 'Sell' (8.70%), and 0 'Strong Sell' (0.00%).

Trane Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Wesley BrooksHSBC$405.00$375.527.85%7.40%
Oct 16, 2024Tommy MollStephens$425.00$397.506.92%12.70%
Oct 14, 2024Timothy WojsRobert W. Baird$408.00$399.862.04%8.19%
Sep 06, 2024Chris SnyderMorgan Stanley$425.00$342.9123.94%12.70%
Aug 01, 2024Deane DrayRBC Capital$350.00$334.284.70%-7.19%
Jun 04, 2024Julian MitchellBarclays$380.00$321.5018.20%0.77%
May 01, 2024Tommy MollStephens$320.00$317.340.84%-15.14%
May 01, 2024Brett LinzeyMizuho Securities$325.00$312.713.93%-13.82%
May 01, 2024Deane DrayRBC Capital$330.00$313.645.21%-12.49%
May 01, 2024Julian MitchellBarclays$354.00$317.3411.55%-6.13%
Feb 06, 2023Goldman Sachs$203.00$185.739.30%-46.17%
Feb 06, 2023Stephens$185.00$185.12-0.06%-50.94%
Feb 03, 2023RBC Capital$177.00$185.39-4.53%-53.06%
Feb 03, 2023Wells Fargo$176.00$185.14-4.94%-53.33%
Feb 03, 2023Citigroup$218.00$187.0716.53%-42.19%
Dec 20, 2022John JoynerBMO Capital$180.00$168.756.67%-52.27%
Jun 06, 2022Joshua PokrzywinskiMorgan Stanley$155.00$138.4411.96%-58.90%
Feb 01, 2022Brett LinzeyMizuho Securities$180.00$167.187.67%-52.27%
Feb 01, 2022John WalshCredit Suisse$204.00$167.1822.02%-45.90%
Feb 01, 2022Joseph O'DeaWells Fargo$174.00$167.184.08%-53.86%
Feb 01, 2022Nicole DeblaseDeutsche Bank$184.00$167.1810.06%-51.21%
Feb 01, 2022Andrew KaplowitzCitigroup$228.00$167.1836.38%-39.54%
Jan 24, 2022Stephen VolkmannJefferies$195.00$175.4911.12%-48.29%
Jan 03, 2022Jeffrey SpragueVertical Research$214.00$194.0110.30%-43.25%
Dec 14, 2021Markus MittermaierUBS$206.00$198.943.55%-45.37%
Nov 04, 2021Tommy MollStephens$205.00$179.5514.17%-45.64%
Nov 04, 2021Joel TissBMO Capital$210.00$179.5516.96%-44.31%
Nov 03, 2021Timothy WojsRobert W. Baird$200.00$177.0012.99%-46.97%
Sep 01, 2021Gautam KhannaCowen & Co.$200.00$195.812.14%-46.97%
Aug 09, 2021Stephen TusaJ.P. Morgan$160.00$191.87-16.61%-57.57%
Aug 05, 2021John EadeArgus Research$220.00$193.3913.76%-41.66%
Jul 23, 2021Andrew ObinBank of America Securities$207.00$199.353.84%-45.11%

The latest Trane stock forecast, released on Oct 31, 2024 by Wesley Brooks from HSBC, set a price target of $405.00, which represents a 7.85% increase from the stock price at the time of the forecast ($375.52), and a 7.40% increase from TT last price ($377.11).

Trane Price Target by Period

1M3M12M
# Anlaysts-310
Avg Price Target-$412.67$372.20
Last Closing Price$377.11$377.11$377.11
Upside/Downside-100.00%9.43%-1.30%

In the current month, the average price target of Trane stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Trane's last price of $377.11. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 19, 2024CLSAUnderperformOutperformUpgrade
Nov 14, 2024CitigroupBuyNegativeDowngrade
Nov 13, 2024Goldman SachsBuyBuyUpgrade
Nov 08, 2024CLSAHoldUnderperformDowngrade
Oct 31, 2024BarclaysOverweightOverweightHold
Oct 31, 2024HSBCBuyHoldDowngrade
Oct 28, 2024CFRASellDowngrade
Oct 18, 2024NomuraBuyBuyHold
Oct 18, 2024CLSAOutperformHoldDowngrade
Oct 17, 2024UBSBuyBuyHold
Oct 16, 2024StephensEqual-WeightEqual-WeightHold
Oct 16, 2024Bank of America SecuritiesBuyBuyHold
Oct 14, 2024Morgan StanleyUnderweightOverweightInitialise
Oct 11, 2024HSBCBuyBuyHold
Oct 08, 2024JefferiesHoldHoldHold
Oct 02, 2024Wells FargoSector PerformSector PerformHold
Oct 02, 2024StephensUnderperformUnderperformHold
Oct 02, 2024BarclaysOverweightOverweightHold
Sep 23, 2024Morgan StanleyOverweightUnderweightDowngrade
Sep 12, 2024CitigroupBuyBuyHold
Sep 10, 2024Bank of America SecuritiesBuyBuyHold
Sep 10, 2024UBSNeutralBuyInitialise
Sep 06, 2024Wells FargoSector PerformSector PerformHold
Sep 06, 2024StephensUnderperformUnderperformHold
Aug 14, 2024UBSNeutralNeutralHold
Aug 01, 2024RBC CapitalSector PerformSector PerformHold
Aug 01, 2024BarclaysOverweightOverweightHold
Jul 23, 2024CitigroupBuyBuyHold
Jul 10, 2024BarclaysOverweightOverweightHold
Jul 03, 2024CLSABuyOutperformUpgrade
Jun 18, 2024MacquarieNeutralOutperformUpgrade
Jun 18, 2024Morgan StanleyOverweightOverweightHold
Jun 13, 2024CitigroupBuyBuyHold
Jun 12, 2024Bank of America SecuritiesBuyBuyHold
Jun 10, 2024Morgan StanleyUnderweightOverweightUpgrade
Jun 04, 2024BarclaysOverweightOverweightHold
Jun 03, 2024UBSBuyBuyHold
May 31, 2024Cowen & Co.BuyBuyHold
May 05, 2024HSBCBuyHoldUpgrade
May 03, 2024HSBCBuyBuyHold
May 02, 2024CLSAOutperformBuyUpgrade
May 01, 2024Cowen & Co.BuyBuyHold
May 01, 2024StephensEqual-WeightEqual-WeightHold
May 01, 2024RBC CapitalSector PerformSector PerformHold
May 01, 2024CitigroupBuyBuyHold
May 01, 2024BarclaysOverweightOverweightHold
Apr 23, 2024JefferiesBuyBuyHold
Apr 23, 2024Morgan StanleyOverweightUnderweightDowngrade
Apr 17, 2024CLSABuyOutperformUpgrade
Apr 16, 2024HSBCHoldHoldHold
Apr 08, 2024CitigroupBuyBuyHold
Apr 05, 2024Cowen & Co.BuyBuyHold
Apr 04, 2024RBC CapitalSector PerformSector PerformHold
Apr 04, 2024HSBCBuyBuyHold
Apr 02, 2024BarclaysOverweightOverweightHold
Apr 01, 2024Morgan StanleyUnderweightOverweightUpgrade
Mar 31, 2024Morgan StanleyOverweightOverweightHold
Mar 28, 2024Morgan StanleyOverweightUnderweightDowngrade
Mar 21, 2024Goldman SachsNeutralBuyUpgrade
Mar 14, 2024NomuraNeutralBuyUpgrade
Mar 14, 2024Goldman SachsConviction BuyNeutralUpgrade
Mar 13, 2024MacquarieOutperformNeutralUpgrade
Feb 24, 2024HSBCHoldBuyUpgrade
Feb 17, 2024CLSAOutperformBuyUpgrade
Feb 17, 2024CLSABuyOutperformUpgrade
Jan 28, 2024HSBCBuyHoldUpgrade
Jan 05, 2024CLSAOutperformBuyUpgrade
Dec 15, 2023CLSABuyOutperformUpgrade
Dec 14, 2023HSBCHoldBuyUpgrade
Dec 04, 2023UBSBuyNeutralUpgrade
Nov 30, 2023CLSAUnderperformBuyUpgrade
Nov 23, 2023CLSAOutperformUnderperformUpgrade
Nov 01, 2023NomuraNeutralBuyUpgrade
Oct 30, 2023CLSAUnderperformOutperformUpgrade
Oct 30, 2023NomuraBuyNeutralUpgrade
Oct 30, 2023HSBCBuyHoldUpgrade
Oct 25, 2023CLSABuyUnderperformUpgrade
Oct 20, 2023Goldman SachsBuyConviction BuyUpgrade
Oct 05, 2023Deutsche BankNeutralHoldInitialise
Oct 05, 2023Bank of America SecuritiesBuyNeutralUpgrade
Sep 22, 2023Morgan StanleyOverweightOverweightHold
Aug 09, 2023Bank of America SecuritiesBuyUpgrade
Jul 31, 2023CitigroupNeutralBuyUpgrade
Jul 28, 2023Goldman SachsConviction BuyBuyUpgrade
Jul 27, 2023CitigroupBuyNeutralUpgrade
Jul 25, 2023NomuraNeutralBuyUpgrade
Jul 25, 2023NomuraBuyNeutralUpgrade
Jul 19, 2023Goldman SachsNeutralConviction BuyUpgrade
Jul 11, 2023MacquarieNeutralOutperformUpgrade
Jul 06, 2023CLSAOutperformBuyUpgrade
Jul 03, 2023CitigroupNeutralBuyUpgrade
Jun 30, 2023Credit SuisseNeutralOutperformUpgrade
Jun 30, 2023HSBCHoldBuyUpgrade
Jun 19, 2023CLSABuyOutperformUpgrade
May 15, 2023CLSAUnderperformBuyUpgrade
May 10, 2023Goldman SachsBuyNeutralUpgrade
May 09, 2023Credit SuisseOutperformNeutralUpgrade
May 04, 2023CLSAOutperformUnderperformUpgrade
May 04, 2023CitigroupBuyNeutralUpgrade
May 04, 2023MacquarieNeutralUpgrade
May 04, 2023Goldman SachsNeutralBuyUpgrade
May 02, 2023HSBCBuyHoldUpgrade
Apr 19, 2023HSBCHoldBuyUpgrade
Apr 17, 2023CLSABuyOutperformUpgrade
Mar 31, 2023HSBCBuyHoldUpgrade
Mar 15, 2023DaiwaBuyUpgrade
Mar 10, 2023HSBCBuyUpgrade
Mar 01, 2023Credit SuisseNeutralOutperformUpgrade
Feb 16, 2023Credit SuisseOutperformNeutralUpgrade
Feb 09, 2023CLSAOutperformBuyUpgrade
Feb 08, 2023CLSAUnderperformOutperformUpgrade
Feb 06, 2023Goldman SachsNeutralNeutralHold
Feb 06, 2023StephensEqual-WeightEqual-WeightHold
Feb 03, 2023RBC CapitalSector PerformSector PerformHold
Feb 03, 2023Wells FargoUnderweightUnderweightHold
Feb 03, 2023CitigroupBuyBuyHold
Feb 03, 2023Morgan StanleyOverweightOverweightHold
Jan 13, 2023CitigroupBuyNeutralUpgrade
Jan 04, 2023Raymond JamesMarket PerformDowngrade
Jan 04, 2023Wolfe ResearchUnderperformDowngrade
Jan 04, 2023Deutsche BankNeutralDowngrade
Jan 04, 2023WedbushNeutralDowngrade
Jan 04, 2023RBC CapitalOutperformUpgrade
Jan 04, 2023Canaccord GenuityBuyUpgrade
Jan 04, 2023UBSBuyUpgrade
Dec 21, 2022BarclaysEqual-WeightInitialise
Dec 20, 2022BMO CapitalMarket PerformDowngrade
Nov 23, 2022CitigroupNeutralBuyUpgrade
Nov 09, 2022CitigroupBuyNeutralUpgrade
Nov 03, 2022Credit SuisseOutperformOutperformHold
Oct 12, 2022Morgan StanleyOverweightOverweightHold
Oct 11, 2022CLSABuyUnderperformUpgrade
Sep 22, 2022CLSAOutperformBuyUpgrade
Sep 13, 2022Credit SuisseNeutralOutperformUpgrade
Sep 12, 2022Credit SuisseOutperformNeutralUpgrade
Aug 10, 2022CitigroupNeutralBuyUpgrade
Aug 05, 2022NomuraBuyBuyUpgrade
Jul 15, 2022CLSAOutperformUpgrade
Jul 12, 2022Credit SuisseOutperformUpgrade
Jul 08, 2022Cowen & Co.OutperformUpgrade
Jul 06, 2022CitigroupNeutralUpgrade
Jun 06, 2022Morgan StanleyOverweightOverweightHold
Jun 02, 2022NomuraNeutralBuyUpgrade
Jun 01, 2022NomuraNeutralUpgrade
May 30, 2022Goldman SachsBuyUpgrade

Trane's last stock rating was published by CLSA on Nov 19, 2024. The company Upgrade its TT rating from "Underperform" to "Outperform".

Trane Financial Forecast

Trane Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$4.42B$4.88B$4.70B$3.67B$4.07B$4.37B$4.19B$3.36B$3.57B$3.72B$3.83B$3.02B$3.18B$3.50B$3.14B$2.64B$4.15B$4.34B
Avg Forecast$5.57B$6.33B$6.12B$4.86B$5.17B$5.87B$5.65B$4.46B$4.77B$5.32B$5.13B$4.00B$4.43B$4.80B$4.61B$3.64B$3.94B$4.14B$4.12B$3.15B$3.54B$3.78B$3.77B$2.86B$3.08B$3.15B$2.79B$2.72B$4.16B$4.30B
High Forecast$5.78B$6.57B$6.35B$5.05B$5.36B$6.09B$5.86B$4.65B$4.88B$5.33B$5.13B$4.00B$4.46B$4.86B$4.79B$3.78B$4.09B$4.14B$4.12B$3.15B$3.54B$3.78B$3.77B$2.86B$3.08B$3.15B$2.79B$2.72B$4.16B$4.30B
Low Forecast$5.32B$6.04B$5.84B$4.65B$4.94B$5.60B$5.40B$4.22B$4.68B$5.30B$5.13B$4.00B$4.41B$4.75B$4.41B$3.48B$3.76B$4.14B$4.12B$3.15B$3.54B$3.78B$3.77B$2.86B$3.08B$3.15B$2.79B$2.72B$4.16B$4.30B
# Analysts334545271373361788771271489151010101099
Surprise %------------1.00%1.02%1.02%1.01%1.03%1.06%1.02%1.06%1.01%0.98%1.02%1.06%1.03%1.11%1.13%0.97%1.00%1.01%

Trane's average Quarter revenue forecast for Mar 24 based on 3 analysts is $4.00B, with a low forecast of $4.00B, and a high forecast of $4.00B. TT's average Quarter revenue forecast represents a -9.66% decrease compared to the company's last Quarter revenue of $4.42B (Dec 23).

Trane EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545271373361788771271489151010101099
EBITDA------------$767.80M$864.20M$885.40M$527.20M$578.30M$810.20M$709.00M$468.40M$515.70M$632.40M$721.60M$419.20M$449.60M$627.40M$457.80M$160.00M$539.50M$741.10M
Avg Forecast$863.77M$980.76M$948.22M$754.11M$801.18M$909.53M$876.12M$691.88M$738.81M$824.32M$794.99M$477.84M$686.22M$744.25M$714.86M$434.40M$627.46M$665.49M$662.72M$394.91M$569.66M$608.66M$605.92M$171.06M$494.75M$506.07M$448.76M$187.69M$669.81M$691.19M
High Forecast$896.46M$1.02B$984.10M$782.65M$831.50M$943.95M$909.27M$721.49M$755.95M$826.16M$794.99M$573.40M$690.88M$753.86M$741.92M$521.27M$752.95M$665.49M$662.72M$473.89M$569.66M$608.66M$605.92M$205.27M$494.75M$506.07M$448.76M$225.23M$669.81M$691.19M
Low Forecast$825.25M$937.02M$905.93M$720.48M$765.45M$868.97M$837.05M$654.48M$726.34M$822.49M$794.99M$382.27M$683.11M$735.99M$682.98M$347.52M$501.97M$665.49M$662.72M$315.92M$569.66M$608.66M$605.92M$136.85M$494.75M$506.07M$448.76M$150.15M$669.81M$691.19M
Surprise %------------1.12%1.16%1.24%1.21%0.92%1.22%1.07%1.19%0.91%1.04%1.19%2.45%0.91%1.24%1.02%0.85%0.81%1.07%

3 analysts predict TT's average Quarter EBITDA for Mar 24 to be $477.84M, with a high of $573.40M and a low of $382.27M. This is -37.77% lower than Trane's previous annual EBITDA (Dec 23) of $767.80M.

Trane Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545271373361788771271489151010101099
Net Income------------$504.30M$626.30M$586.20M$307.10M$439.10M$547.90M$509.30M$260.20M$329.10M$405.70M$464.70M$235.20M$244.70M$400.60M$238.80M$-29.20M$296.10M$458.80M
Avg Forecast$740.69M$967.51M$951.98M$579.57M$657.78M$873.76M$854.48M$507.16M$574.04M$739.59M$703.35M$273.50M$486.29M$607.49M$583.26M$248.64M$386.67M$484.58M$480.39M$226.03M$300.33M$422.07M$433.65M$95.98M$211.35M$307.75M$171.01M$-34.25M$252.52M$338.68M
High Forecast$777.13M$1.02B$998.82M$608.09M$690.14M$916.75M$896.52M$548.85M$583.18M$743.67M$703.37M$328.20M$497.71M$630.33M$611.95M$298.36M$464.01M$484.58M$480.39M$271.24M$300.33M$422.07M$433.65M$115.17M$211.35M$307.75M$171.01M$-27.40M$252.52M$338.68M
Low Forecast$697.75M$911.42M$896.79M$545.97M$619.64M$823.11M$804.94M$451.58M$569.46M$735.51M$703.33M$218.80M$481.73M$598.35M$549.44M$198.91M$309.34M$484.58M$480.39M$180.83M$300.33M$422.07M$433.65M$76.78M$211.35M$307.75M$171.01M$-41.10M$252.52M$338.68M
Surprise %------------1.04%1.03%1.01%1.24%1.14%1.13%1.06%1.15%1.10%0.96%1.07%2.45%1.16%1.30%1.40%0.85%1.17%1.35%

Trane's average Quarter net income forecast for Mar 24 is $273.50M, with a range of $218.80M to $328.20M. TT's average Quarter net income forecast represents a -45.77% decrease compared to the company's last Quarter net income of $504.30M (Dec 23).

Trane SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545271373361788771271489151010101099
SG&A------------$783.70M$793.90M$699.00M$686.70M$638.90M$693.30M$612.80M$600.80M$605.80M$620.80M$619.70M$600.00M$559.90M$567.80M$554.80M$588.10M$821.20M$785.30M
Avg Forecast$970.20M$1.10B$1.07B$847.03M$899.89M$1.02B$984.07M$777.13M$829.84M$925.89M$892.94M$631.51M$770.77M$835.95M$802.94M$574.10M$737.09M$720.49M$717.48M$521.91M$616.74M$658.95M$655.99M$244.84M$535.63M$547.89M$485.84M$689.89M$725.16M$748.31M
High Forecast$1.01B$1.14B$1.11B$879.08M$933.95M$1.06B$1.02B$810.38M$849.09M$927.95M$892.94M$757.81M$776.00M$846.75M$833.33M$688.92M$884.50M$720.49M$717.48M$626.29M$616.74M$658.95M$655.99M$293.81M$535.63M$547.89M$485.84M$827.86M$725.16M$748.31M
Low Forecast$926.94M$1.05B$1.02B$809.25M$859.76M$976.04M$940.18M$735.12M$815.83M$923.83M$892.94M$505.21M$767.28M$826.67M$767.14M$459.28M$589.67M$720.49M$717.48M$417.53M$616.74M$658.95M$655.99M$195.87M$535.63M$547.89M$485.84M$551.91M$725.16M$748.31M
Surprise %------------1.02%0.95%0.87%1.20%0.87%0.96%0.85%1.15%0.98%0.94%0.94%2.45%1.05%1.04%1.14%0.85%1.13%1.05%

Trane's average Quarter SG&A projection for Mar 24 is $631.51M, based on 3 Wall Street analysts, with a range of $505.21M to $757.81M. The forecast indicates a -19.42% fall compared to TT last annual SG&A of $783.70M (Dec 23).

Trane EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545271373361788771271489151010101099
EPS------------$2.22$2.74$2.57$1.33$1.92$2.36$2.20$1.11$1.40$1.70$1.94$0.98$1.02$1.67$1.00$-0.12$1.24$1.90
Avg Forecast$3.25$4.24$4.18$2.54$2.88$3.83$3.75$2.22$2.52$3.24$3.08$1.65$2.13$2.66$2.56$1.34$1.64$2.12$2.10$0.99$1.31$1.85$1.90$0.62$0.92$1.35$0.75$0.52$1.10$1.48
High Forecast$3.41$4.45$4.38$2.67$3.03$4.02$3.93$2.41$2.56$3.26$3.08$1.69$2.18$2.76$2.68$1.38$1.73$2.12$2.10$0.99$1.31$1.85$1.90$0.62$0.92$1.35$0.75$0.52$1.10$1.48
Low Forecast$3.06$4.00$3.93$2.39$2.72$3.61$3.53$1.98$2.50$3.23$3.08$1.61$2.11$2.62$2.41$1.29$1.55$2.12$2.10$0.99$1.31$1.85$1.90$0.62$0.92$1.35$0.75$0.52$1.10$1.48
Surprise %------------1.04%1.03%1.00%1.00%1.17%1.11%1.05%1.12%1.07%0.92%1.02%1.59%1.11%1.24%1.34%-0.23%1.13%1.28%

According to 3 Wall Street analysts, Trane's projected average Quarter EPS for Mar 24 is $1.65, with a low estimate of $1.61 and a high estimate of $1.69. This represents a -25.67% decrease compared to TT previous annual EPS of $2.22 (Dec 23).

Trane Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WMSAdvanced Drainage Systems$121.80$183.7550.86%Buy
BLDRBuilders FirstSource$160.12$210.1431.24%Buy
FBINFortune Brands Innovations$73.80$94.0027.37%Hold
JELDJELD-WEN$9.88$12.0021.46%Hold
CSLCarlisle Companies$404.63$487.0020.36%Buy
CARRCarrier Global$70.28$80.5014.54%Buy
MASMasco$76.58$86.6713.18%Hold
TTTrane$391.79$402.602.76%Buy
LIILennox$657.59$622.67-5.31%Buy
AZEKAZEK Company$52.73$48.00-8.97%Buy
JCIJohnson Controls$81.85$74.00-9.59%Buy

TT Forecast FAQ

Is Trane a good buy?

Yes, according to 23 Wall Street analysts, Trane (TT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 52.17% of TT's total ratings.

What is TT's price target?

Trane (TT) average price target is $402.6 with a range of $350 to $425, implying a 6.76% from its last price of $377.11. The data is based on 23 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Trane stock go up soon?

According to Wall Street analysts' prediction for TT stock, the company can go up by 6.76% (from the last price of $377.11 to the average price target of $402.6), up by 12.70% based on the highest stock price target, and down by -7.19% based on the lowest stock price target.

Can Trane stock reach $600?

TT's average twelve months analyst stock price target of $402.6 does not support the claim that Trane can reach $600 in the near future.

What are Trane's analysts' financial forecasts?

Trane's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $21.15B (high $21.97B, low $20.16B), average EBITDA is $3.28B (high $3.41B, low $3.13B), average net income is $2.89B (high $3.05B, low $2.7B), average SG&A $3.68B (high $3.83B, low $3.51B), and average EPS is $12.69 (high $13.39, low $11.84). TT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $22.88B (high $23.74B, low $21.86B), average EBITDA is $3.55B (high $3.68B, low $3.39B), average net income is $3.24B (high $3.4B, low $3.05B), average SG&A $3.98B (high $4.13B, low $3.81B), and average EPS is $14.21 (high $14.91, low $13.39).

Did the TT's actual financial results beat the analysts' financial forecasts?

Based on Trane's last annual report (Dec 2023), the company's revenue was $17.68B, beating the average analysts forecast of $17.48B by 1.12%. Apple's EBITDA was $3.17B, beating the average prediction of $2.58B by 22.88%. The company's net income was $2.02B, beating the average estimation of $1.93B by 5.10%. Apple's SG&A was $2.96B, missing the average forecast of $2.98B by -0.69%. Lastly, the company's EPS was $8.91, beating the average prediction of $8.69 by 2.51%. In terms of the last quarterly report (Dec 2023), Trane's revenue was $4.42B, missing the average analysts' forecast of $4.43B by -0.04%. The company's EBITDA was $767.8M, beating the average prediction of $686.22M by 11.89%. Trane's net income was $504.3M, beating the average estimation of $486.29M by 3.70%. The company's SG&A was $783.7M, beating the average forecast of $770.77M by 1.68%. Lastly, the company's EPS was $2.22, beating the average prediction of $2.13 by 4.09%