Trane Technologies (TT) Surpasses Market Returns: Some Facts Worth Knowing

Group 1 - Trane Technologies (TT) closed at $359.67, with a +1.51% change, outperforming the S&P 500's daily gain of 0.75% [1] - The stock has increased by 2.48% over the past month, underperforming the Business Services sector's gain of 5.97% and the S&P 500's gain of 4.03% [1] Group 2 - The upcoming EPS for Trane Technologies is projected at $3.22, indicating a 15.41% increase year-over-year [2] - The Zacks Consensus Estimate for revenue is $5.29 billion, reflecting an 8.42% increase from the previous year [2] Group 3 - For the full year, analysts expect earnings of $10.87 per share and revenue of $19.54 billion, representing changes of +20.24% and +10.55% respectively from last year [3] Group 4 - Recent revisions to analyst forecasts for Trane Technologies are important as they reflect short-term business trends, with positive revisions indicating analyst optimism [4] Group 5 - Estimate revisions are correlated with near-term share price momentum, and investors can utilize the Zacks Rank for actionable insights [5] Group 6 - Trane Technologies currently holds a Zacks Rank of 2 (Buy), with a Forward P/E ratio of 32.58, indicating a premium compared to the industry's Forward P/E of 23.01 [6] Group 7 - The company has a PEG ratio of 2.45, higher than the Technology Services industry's average PEG ratio of 1.45 [7] - The Technology Services industry is part of the Business Services sector, which holds a Zacks Industry Rank of 77, placing it in the top 31% of all industries [7]