TT vs. RSG, MRVL, SPOT, FI, CPRT, NU, PLTR, SQ, ADP, and PAYX
Should you be buying Trane Technologies stock or one of its competitors? The main competitors of Trane Technologies include Republic Services (RSG), Marvell Technology (MRVL), Spotify Technology (SPOT), Fiserv (FI), Copart (CPRT), NU (NU), Palantir Technologies (PLTR), Block (SQ), Automatic Data Processing (ADP), and Paychex (PAYX). These companies are all part of the "business services" sector.
Trane Technologies (NYSE:TT) and Republic Services (NYSE:RSG) are both large-cap business services companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, community ranking, earnings, valuation, profitability, dividends, media sentiment and institutional ownership.
Trane Technologies presently has a consensus price target of $300.54, indicating a potential downside of 7.78%. Republic Services has a consensus price target of $201.00, indicating a potential upside of 6.60%. Given Republic Services' stronger consensus rating and higher possible upside, analysts plainly believe Republic Services is more favorable than Trane Technologies.
Trane Technologies has a beta of 1.01, indicating that its stock price is 1% more volatile than the S&P 500. Comparatively, Republic Services has a beta of 0.67, indicating that its stock price is 33% less volatile than the S&P 500.
83.0% of Trane Technologies shares are owned by institutional investors. Comparatively, 57.7% of Republic Services shares are owned by institutional investors. 0.4% of Trane Technologies shares are owned by insiders. Comparatively, 0.1% of Republic Services shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Trane Technologies pays an annual dividend of $3.36 per share and has a dividend yield of 1.0%. Republic Services pays an annual dividend of $2.14 per share and has a dividend yield of 1.1%. Trane Technologies pays out 35.9% of its earnings in the form of a dividend. Republic Services pays out 37.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
In the previous week, Trane Technologies had 8 more articles in the media than Republic Services. MarketBeat recorded 33 mentions for Trane Technologies and 25 mentions for Republic Services. Republic Services' average media sentiment score of 0.87 beat Trane Technologies' score of 0.69 indicating that Republic Services is being referred to more favorably in the news media.
Trane Technologies' return on equity of 32.78% beat Republic Services' return on equity.
Republic Services received 393 more outperform votes than Trane Technologies when rated by MarketBeat users. Likewise, 64.95% of users gave Republic Services an outperform vote while only 42.71% of users gave Trane Technologies an outperform vote.
Trane Technologies has higher revenue and earnings than Republic Services. Republic Services is trading at a lower price-to-earnings ratio than Trane Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Trane Technologies beats Republic Services on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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