Trane Technologies(US:TT) ZACKS·2025-12-09 00:16Core Insights - Trane Technologies (TT) stock closed at $397.27, down 1.04% from the previous day, underperforming the S&P 500, which lost 0.35% [1] - Over the past month, TT shares have decreased by 7.61%, contrasting with the Business Services sector's loss of 0.85% and the S&P 500's gain of 1.2% [1] Earnings Forecast - The upcoming earnings report for Trane Technologies is anticipated to show an EPS of $2.82, reflecting an 8.05% increase year-over-year [2] - Revenue is projected to reach $5.07 billion, indicating a 4.03% growth compared to the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $13.02 per share, representing a 16.04% increase from the previous year [3] - Revenue for the fiscal year is projected at $21.25 billion, showing a 7.11% growth compared to the prior year [3] Analyst Estimates and Stock Performance - Recent changes in analyst estimates for Trane Technologies are crucial for investors, as positive revisions often signal a favorable business outlook [3] - The Zacks Rank system, which evaluates estimate changes, currently ranks Trane Technologies at 3 (Hold) [5] Valuation Metrics - Trane Technologies has a Forward P/E ratio of 30.83, which is higher than the industry average of 19.12, indicating a premium valuation [6] - The company also has a PEG ratio of 2.31, compared to the industry average of 1.65, suggesting that it is trading at a higher valuation relative to its expected earnings growth [7] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 92, placing it in the top 38% of over 250 industries [7] - Historically, industries in the top 50% of the Zacks Rank outperform those in the bottom half by a factor of 2 to 1 [8]