Trane Technologies and Ingersoll Rand Named to Dow Jones Sustainability World Index
December 25, 2022
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Trane Technologies Stock Fair Value – Trane Technologies ($NYSE:TT) is an American multinational industrial company with a focus on climate control and building solutions. Trane is well known for its heating, ventilation, and air conditioning (HVAC) systems and services, in addition to its full range of energy efficiency solutions. Recently, Trane Technologies and Ingersoll Rand, two local corporate giants, have been included on the Dow Jones Sustainability World Index (DJSI World). The DJSI World is a global benchmark for investors looking for companies with a commitment to excellence in environmental, social, and governance practices.
This inclusion is based on the company’s performance in areas such as greenhouse gas emissions reduction, renewable energy usage, and water management. Trane Technologies has taken significant steps to reduce its carbon footprint and become a leader in sustainability. Trane Technologies’ inclusion in the DJSI World is a testament to the company’s commitment to sustainability. Both companies are leading the way in sustainability and providing a model for other businesses to follow.
Market Price
This is a prestigious recognition of their commitment to sustainability and environmental stewardship. The media coverage of this announcement has been mostly positive so far. They specialize in air conditioning, heating, and refrigeration solutions. Ingersoll Rand is a diversified industrial manufacturing company that focuses on creating sustainable solutions for customers. The stock market reacted positively to this news as the combined company’s stock opened at $170.0 and closed at $168.8, down by only 0.9% from the prior closing price of 170.4. This indicates that investors are confident about the long-term potential of the company and believe in their sustainability efforts.
The DJSI World index is a globally recognized benchmark for corporate sustainability. It recognizes best-in-class companies in terms of economic, environmental, and social performance. It is also a great way to attract talented employees who are passionate about working for a sustainable and environmentally responsible company. The positive market reaction to the news is an indication of investor confidence in the company’s commitment to sustainability and its long-term potential for growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Trane Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 15.49k | 1.64k | 10.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Trane Technologies. More…
| Operations | Investing | Financing |
| 1.17k | -662.7 | -2.08k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Trane Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.74k | 11.87k | 24.7 |
Key Ratios Snapshot
Some of the financial key ratios for Trane Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.8% | 3.7% | 14.6% |
| FCF Margin | ROE | ROA |
| 5.6% | 24.5% | 8.0% |
VI Analysis – Trane Technologies Stock Fair Value
Trane Technologies is a company with strong fundamentals that reflect its long-term potential. The VI app makes analyzing the company easy by providing a simple overview of key data points. According to the VI Line, the intrinsic value of a Trane Technologies share is around $164.8, but it is currently being traded at $168.8. This means that the stock is slightly overvalued by about 2%. The company’s financials indicate that Trane Technologies is a strong player in the market and has a good chance of continuing to deliver good returns for investors. The company’s balance sheet shows a healthy amount of cash, which should provide a cushion against any downturns. Furthermore, its strong earnings and revenue growth suggest that it is well-positioned for future growth. With a fair price and strong fundamentals, Trane Technologies is an attractive option for investors who are looking for a long-term investment. More…
VI Peers
Trane Technologies PLC is a leading global provider of indoor comfort solutions and services. The company’s products include air conditioners, furnaces, heat pumps, and related equipment. Trane Technologies competes with Generac Holdings Inc, ITT Inc, Lennox International Inc, and other companies in the indoor comfort solutions market.
– Generac Holdings Inc ($NYSE:GNRC)
Generac Holdings Inc, a Fortune 500 company, is a leading global designer and manufacturer of generators and other backup power products. The company has a market capitalization of $7.04 billion as of 2022 and a return on equity of 18.99%. Generac’s products are used in residential, commercial, and industrial applications. The company’s products are sold through a network of distributors and retailers in the United States, Canada, and other countries.
– ITT Inc ($NYSE:ITT)
In 2022, KBR had a market capitalization of $5.78 billion and a return on equity of 12.81%. KBR is a provider of engineering, construction, and other technical services to the U.S. government and other customers.
– Lennox International Inc ($NYSE:LII)
Lennox International Inc. is a global provider of climate control solutions for heating, ventilation, air conditioning, and refrigeration (HVACR) systems. The company operates in three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. It offers a range of products, including furnaces, air conditioners, heat pumps, packaged units, coils, and commercial refrigeration equipment. The company was founded in 1895 and is headquartered in Richardson, Texas.
Summary
Investing in Trane Technologies is a smart move for investors looking to capitalize on the company’s long track record of sustainability and innovation. Its products and services are used in residential and commercial buildings, industrial, and institutional facilities, and public works infrastructure. Trane Technologies’ commitment to sustainability is evidenced by its inclusion in the Dow Jones Sustainability World Index. The company has a long history of investing in energy-efficient and environmentally friendly products, as well as initiatives to reduce waste and emissions. It has invested heavily in research and development to create smarter, more efficient HVAC&R systems that use fewer resources and are designed to last longer. Trane Technologies has a strong sense of corporate responsibility, investing in local communities and initiatives that promote sustainability and environmental stewardship. Its corporate social responsibility initiatives include environmental education programs, green building certifications, community development projects, and renewable energy initiatives.
Trane Technologies is also a leader in technology innovation. The company has developed advanced HVAC&R systems with smart technology that are designed to save energy, reduce emissions, and provide superior comfort. Its products are designed to meet the highest standards of safety and performance. Trane Technologies has a proven track record for success and has consistently delivered outstanding returns for its shareholders. With its commitment to sustainability, innovative technology, and corporate responsibility, investing in Trane Technologies is a smart move for investors looking to capitalize on the company’s long-term growth potential.
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