Reasons to Retain Trane Technologies (TT) in Your Portfolio Now
TTTrane Technologies(TT) ZACKS·2024-06-24 23:00

Trane Technologies (TT) stock has had an impressive run over the past year. Shares of the company have gained 79.2% compared with the 48.2% rally of the industry it belongs to and the 26.4% rise of the Zacks S&P 500 composite. The company’s revenues for 2024 and 2025 are expected to improve 8.3% and 6.7%, respectively, year over year. Earnings are anticipated to increase 15.7% in 2024 and 10.8% in 2025. The company has an expected long-term (three to five years) earnings per share growth rate of 12%. Factor ...