Trane Technologies (TT) Competitors

$327.60
+1.71 (+0.52%)
(As of 05/8/2024 ET)

TT vs. TRI, WM, MRVL, RSG, FI, SPOT, NU, CPRT, PLTR, and ADP

Should you be buying Trane Technologies stock or one of its competitors? The main competitors of Trane Technologies include Thomson Reuters (TRI), Waste Management (WM), Marvell Technology (MRVL), Republic Services (RSG), Fiserv (FI), Spotify Technology (SPOT), NU (NU), Copart (CPRT), Palantir Technologies (PLTR), and Automatic Data Processing (ADP). These companies are all part of the "business services" sector.

Trane Technologies vs.

Trane Technologies (NYSE:TT) and Thomson Reuters (NYSE:TRI) are both large-cap business services companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, media sentiment, profitability, valuation, earnings, community ranking, risk and dividends.

Thomson Reuters has a net margin of 34.87% compared to Trane Technologies' net margin of 11.81%. Trane Technologies' return on equity of 32.78% beat Thomson Reuters' return on equity.

Company Net Margins Return on Equity Return on Assets
Trane Technologies11.81% 32.78% 11.52%
Thomson Reuters 34.87%15.47%8.86%

Thomson Reuters has lower revenue, but higher earnings than Trane Technologies. Thomson Reuters is trading at a lower price-to-earnings ratio than Trane Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trane Technologies$17.68B4.19$2.02B$9.3635.00
Thomson Reuters$6.94B10.86$2.70B$5.2531.81

Trane Technologies has a beta of 1.01, suggesting that its stock price is 1% more volatile than the S&P 500. Comparatively, Thomson Reuters has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500.

Trane Technologies pays an annual dividend of $3.36 per share and has a dividend yield of 1.0%. Thomson Reuters pays an annual dividend of $2.16 per share and has a dividend yield of 1.3%. Trane Technologies pays out 35.9% of its earnings in the form of a dividend. Thomson Reuters pays out 41.1% 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.

Thomson Reuters received 392 more outperform votes than Trane Technologies when rated by MarketBeat users. Likewise, 48.82% of users gave Thomson Reuters an outperform vote while only 42.71% of users gave Trane Technologies an outperform vote.

CompanyUnderperformOutperform
Trane TechnologiesOutperform Votes
85
42.71%
Underperform Votes
114
57.29%
Thomson ReutersOutperform Votes
477
48.82%
Underperform Votes
500
51.18%

Trane Technologies currently has a consensus target price of $300.54, indicating a potential downside of 8.24%. Thomson Reuters has a consensus target price of $164.31, indicating a potential downside of 1.62%. Given Thomson Reuters' higher possible upside, analysts clearly believe Thomson Reuters is more favorable than Trane Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trane Technologies
1 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.31
Thomson Reuters
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23

In the previous week, Thomson Reuters had 13 more articles in the media than Trane Technologies. MarketBeat recorded 35 mentions for Thomson Reuters and 22 mentions for Trane Technologies. Trane Technologies' average media sentiment score of 0.75 beat Thomson Reuters' score of 0.58 indicating that Trane Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Trane Technologies
9 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Thomson Reuters
6 Very Positive mention(s)
8 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

83.0% of Trane Technologies shares are owned by institutional investors. Comparatively, 17.3% of Thomson Reuters shares are owned by institutional investors. 0.4% of Trane Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Trane Technologies beats Thomson Reuters on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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TT vs. The Competition

MetricTrane TechnologiesEnvironmental controls IndustryBusiness SectorNYSE Exchange
Market Cap$74.15B$41.15B$6.38B$17.69B
Dividend Yield1.05%1.84%2.98%3.52%
P/E Ratio35.0018.4337.4324.80
Price / Sales4.192.30997.4310.72
Price / Cash29.8716.9123.6115.59
Price / Book10.623.974.595.10
Net Income$2.02B$805.51M$117.19M$967.52M
7 Day Performance3.41%1.69%0.92%1.66%
1 Month Performance8.76%4.37%-2.80%-1.44%
1 Year Performance84.24%42.10%8.10%108.46%

Trane Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRI
Thomson Reuters
4.4995 of 5 stars
$166.97
-0.1%
$164.31
-1.6%
+37.6%$75.35B$6.79B31.8025,600Earnings Report
Dividend Announcement
Analyst Revision
WM
Waste Management
4.8104 of 5 stars
$210.50
0.0%
$216.24
+2.7%
+24.2%$84.43B$20.43B34.4548,000
MRVL
Marvell Technology
4.649 of 5 stars
$68.68
-1.6%
$81.13
+18.1%
+66.1%$59.48B$5.51B-63.596,577Analyst Upgrade
RSG
Republic Services
4.667 of 5 stars
$188.56
+1.0%
$201.00
+6.6%
+28.5%$59.38B$14.96B33.0841,000Insider Selling
FI
Fiserv
4.5153 of 5 stars
$153.08
+1.7%
$164.33
+7.4%
+28.3%$89.57B$19.09B28.6142,000
SPOT
Spotify Technology
4.1279 of 5 stars
$298.21
-0.4%
$306.42
+2.8%
+106.6%$56.72B$14.34B-445.089,123Analyst Forecast
NU
NU
2.5152 of 5 stars
$11.99
-0.2%
$10.00
-16.6%
+102.6%$56.27B$8.03B57.077,686
CPRT
Copart
3.152 of 5 stars
$55.93
+0.3%
$51.00
-8.8%
+38.9%$53.78B$3.87B40.2410,200Upcoming Earnings
Positive News
PLTR
Palantir Technologies
2.4613 of 5 stars
$21.41
-15.1%
$18.35
-14.3%
+178.6%$47.36B$2.23B237.863,735Analyst Forecast
Analyst Revision
High Trading Volume
ADP
Automatic Data Processing
4.8302 of 5 stars
$245.12
+1.0%
$255.42
+4.2%
+13.4%$100.33B$18.01B27.3663,000

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This page (NYSE:TT) was last updated on 5/9/2024 by MarketBeat.com Staff

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