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Trane Technologies (TT) Competitors

$319.03
+1.41 (+0.44%)
(As of 06/7/2024 ET)

TT vs. ACN, ARM, SPGI, ADP, FI, WM, TRI, SPOT, RSG, and MRVL

Should you be buying Trane Technologies stock or one of its competitors? The main competitors of Trane Technologies include Accenture (ACN), ARM (ARM), S&P Global (SPGI), Automatic Data Processing (ADP), Fiserv (FI), Waste Management (WM), Thomson Reuters (TRI), Spotify Technology (SPOT), Republic Services (RSG), and Marvell Technology (MRVL). These companies are all part of the "business services" sector.

Trane Technologies vs.

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

Accenture has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, Trane Technologies has a beta of 1.01, suggesting that its stock price is 1% more volatile than the S&P 500.

Trane Technologies has a net margin of 11.81% compared to Trane Technologies' net margin of 10.89%. Accenture's return on equity of 32.78% beat Trane Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Accenture10.89% 28.30% 14.96%
Trane Technologies 11.81%32.78%11.52%

Accenture received 1081 more outperform votes than Trane Technologies when rated by MarketBeat users. Likewise, 70.28% of users gave Accenture an outperform vote while only 43.28% of users gave Trane Technologies an outperform vote.

CompanyUnderperformOutperform
AccentureOutperform Votes
1168
70.28%
Underperform Votes
494
29.72%
Trane TechnologiesOutperform Votes
87
43.28%
Underperform Votes
114
56.72%

Accenture has higher revenue and earnings than Trane Technologies. Accenture 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
Accenture$64.57B3.00$6.87B$11.0326.15
Trane Technologies$17.68B4.08$2.02B$9.3634.08

In the previous week, Trane Technologies had 6 more articles in the media than Accenture. MarketBeat recorded 24 mentions for Trane Technologies and 18 mentions for Accenture. Accenture's average media sentiment score of 0.70 beat Trane Technologies' score of 0.54 indicating that Trane Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Accenture
7 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Trane Technologies
11 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Accenture currently has a consensus target price of $373.00, suggesting a potential upside of 29.33%. Trane Technologies has a consensus target price of $309.79, suggesting a potential downside of 2.90%. Given Trane Technologies' stronger consensus rating and higher probable upside, equities research analysts clearly believe Accenture is more favorable than Trane Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Accenture
0 Sell rating(s)
9 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.59
Trane Technologies
1 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.36

Accenture pays an annual dividend of $5.16 per share and has a dividend yield of 1.8%. Trane Technologies pays an annual dividend of $3.36 per share and has a dividend yield of 1.1%. Accenture pays out 46.8% of its earnings in the form of a dividend. Trane Technologies pays out 35.9% 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. Accenture has raised its dividend for 19 consecutive years and Trane Technologies has raised its dividend for 4 consecutive years. Accenture is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

75.1% of Accenture shares are held by institutional investors. Comparatively, 83.0% of Trane Technologies shares are held by institutional investors. 0.1% of Accenture shares are held by company insiders. Comparatively, 0.4% of Trane Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Accenture beats Trane Technologies on 12 of the 21 factors compared between the two stocks.

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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$72.21B$40.19B$6.64B$17.71B
Dividend Yield1.06%1.84%2.89%3.55%
P/E Ratio34.0818.1336.7824.64
Price / Sales4.082.241,271.0814.45
Price / Cash29.7916.8723.7720.21
Price / Book10.343.964.624.99
Net Income$2.02B$805.51M$121.61M$975.94M
7 Day Performance-2.57%-1.29%-0.83%-1.87%
1 Month Performance-2.60%-1.30%-1.45%-0.74%
1 Year Performance80.37%40.18%1.78%8.66%

Trane Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ACN
Accenture
4.9153 of 5 stars
$291.02
+1.0%
$373.00
+28.2%
-7.3%$195.20B$64.11B26.38733,000Analyst Forecast
ARM
ARM
0.445 of 5 stars
136.67
+8.6%
N/AN/A$142.18B$3.23B0.005,963
SPGI
S&P Global
4.6646 of 5 stars
$436.21
+1.0%
$467.89
+7.3%
+14.6%$135.12B$12.50B48.9040,450
ADP
Automatic Data Processing
4.7075 of 5 stars
$245.78
+0.0%
$255.42
+3.9%
+16.6%$100.60B$18.01B27.4363,000
FI
Fiserv
4.3659 of 5 stars
$149.33
+0.9%
$164.83
+10.4%
+32.6%$86.59B$19.09B27.9142,000Positive News
WM
Waste Management
4.6094 of 5 stars
$203.85
+0.1%
$217.61
+6.8%
+24.2%$81.67B$20.43B33.3648,000
TRI
Thomson Reuters
4.1179 of 5 stars
$171.68
+0.8%
$168.42
-1.9%
+38.4%$76.74B$6.79B32.7025,600Positive News
SPOT
Spotify Technology
3.6532 of 5 stars
$324.75
-0.6%
$306.81
-5.5%
+107.8%$62.13B$14.34B-484.699,123Analyst Forecast
RSG
Republic Services
4.794 of 5 stars
$188.07
+0.4%
$201.14
+7.0%
+31.8%$59.01B$14.96B32.9941,000Insider Buying
News Coverage
Positive News
MRVL
Marvell Technology
4.8484 of 5 stars
$69.80
+5.2%
$85.00
+21.8%
+14.6%$57.46B$5.51B-61.776,577

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This page (NYSE:TT) was last updated on 6/8/2024 by MarketBeat.com Staff

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