Professional
Added to YB: 2024-09-11
Pitch date: 2024-06-30
TT [bullish]
Trane Technologies plc
+19.21%
current return
Author Info
No bio for this author
Company Info
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration.
Market Cap
$90.9B
Pitch Price
$328.15
Price Target
N/A
Dividend
0.92%
EV/EBITDA
21.27
P/E
31.39
EV/Sales
4.49
Sector
Building Products
Category
growth
NewBridge Large Cap Growth Equity New Position: Trane Technologies plc
TT: Leading HVAC & refrigeration co. 78% Americas sales. Secular growth from energy efficiency & sustainability trends. Strong in commercial (65% sales), esp. data centers. Mid-single digit revenue growth expected. Earnings to outpace sales via efficiencies. Risks: economic slowdowns, weak residential market (20% sales).
Read full article (2 min)