Group 1 - Trane Technologies closed at $426.61, with a +1.24% increase, outperforming the S&P 500's gain of 0.94% [1] - The company had previously experienced a loss of 1.79%, which was less than the Construction sector's loss of 2.43% [1] Group 2 - The upcoming EPS for Trane Technologies is projected at $3.76, indicating a 13.94% increase year-over-year, with quarterly revenue expected to be $5.76 billion, up 8.49% from the previous year [2] - For the fiscal year, earnings are projected at $12.89 per share and revenue at $21.51 billion, reflecting increases of +14.88% and +8.41% respectively [3] Group 3 - Recent analyst estimate revisions for Trane Technologies suggest positive short-term business trends, which are correlated with near-term share price momentum [3][4] - The Zacks Rank system, which assesses estimate changes, currently ranks Trane Technologies at 3 (Hold) [5] Group 4 - Trane Technologies has a Forward P/E ratio of 32.71, which is higher than the industry average of 30.42 [6] - The company's PEG ratio stands at 2.77, compared to the industry average PEG ratio of 2 [7] Group 5 - The Building Products - Air Conditioner and Heating industry, which includes Trane Technologies, has a Zacks Industry Rank of 95, placing it in the top 39% of over 250 industries [8]
Why Trane Technologies (TT) Outpaced the Stock Market Today