RankAlpha logo
Back to Rankings

TT

TraneB
NYSE / Capital Goods
Last Price
Quote time unavailable
View Chart
Current thesis
The post-earnings evidence improved: company-reported bookings, backlog, free cash flow, and raised FY guidance were followed by multiple May 1 price-target increases, which supports the view that demand strength is real and not only headline-driven.
Posture
Constructive
Lead driver
Sentiment
What changed
4 setup hits (3d) with net bullish as of 2026-09-09.
What can break
Backlog conversion and commercial HVAC order strength may normalize if data-center and non-residential demand cools, which would pressure the premium multiple.
Momentum
50
Value
52
Sentiment
78
Setup hits (3d)
4 · Net Bullish
AI TargetsBase $500.00 · Bull $560.00 · Bear $430.00Analysis 2026-05-03; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-03 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-09

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions

Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $535.52
Why
Momentum50 · Δ7d -0.1
Value52 · Δ7d +0.0
Sentiment78 · Δ7d +5.2
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • 4 setup hits (3d) with net bullish as of 2026-09-09.
  • • Sentiment remains the lead driver in the composite, 7D delta +5.2.

Contradictions & invalidation

  • • Backlog conversion and commercial HVAC order strength may normalize if data-center and non-residential demand cools, which would pressure the premium multiple.
  • • EMEA organic revenue declined 1% and EMEA adjusted operating margin fell 260 bps in Q1, showing that demand and mix are not uniformly strong across regions.
  • • The cautious read is that margin quality was mixed despite strong growth: GAAP operating margin fell 190 bps, adjusted EBITDA margin fell 40 bps, EMEA organic revenue was down 1%, and the stock already sits near the updated consensus target zone after a strong YTD run.

Catalyst clock

2026-05-15

T+3 analyst revisions were supportive, but upside versus updated targets is modest

Lead driver: Sentiment · See AI snapshot
Momentum
50
9% active weight
Current posture
7d trendSoftening
Δ7d
-0.1
Δ21d
+5.8
Value
52
28% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
+0.7
Sentiment
78
62% active weight
Current posture
7d trendImproving
Δ7d
+5.2
Δ21d
+7.3
Why this grade

Composite grade B. Momentum 50.4 / Value 52.4 / Sentiment 78.4

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-03. Scenario method

B+
Bull case
0%
Probability
Target price
$560.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
Most likely
B
Base case
1%
Probability
Target price
$500.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
B-
Bear case
0%
Probability
Target price
$430.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$104.58B
Beta
1.21
Shares Out
220.02M
P/E (TTM)
29.9
P/S (TTM)
4.12
P/FCF (TTM)
50.55
Rev YoY
+10.6%
EPS YoY
+7.1%
Gross Margin
+35.4%
Op Margin
+18.1%
Net Debt
$4.5B
Current Ratio
1.07
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data