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Trane Technologies (TT) Competitors

Trane Technologies logo
$383.59 +2.48 (+0.65%)
As of 03:22 PM Eastern

TT vs. KEYS, FTV, VLTO, TER, AVTR, RVTY, BIO.B, NVMI, VNT, and MIR

Should you be buying Trane Technologies stock or one of its competitors? The main competitors of Trane Technologies include Keysight Technologies (KEYS), Fortive (FTV), Veralto (VLTO), Teradyne (TER), Avantor (AVTR), Revvity (RVTY), Bio-Rad Laboratories (BIO.B), Nova (NVMI), Vontier (VNT), and Mirion Technologies (MIR). These companies are all part of the "measuring and control equipment" industry.

Trane Technologies vs.

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

Keysight Technologies received 377 more outperform votes than Trane Technologies when rated by MarketBeat users. Likewise, 66.06% of users gave Keysight Technologies an outperform vote while only 42.86% of users gave Trane Technologies an outperform vote.

CompanyUnderperformOutperform
Trane TechnologiesOutperform Votes
96
42.86%
Underperform Votes
128
57.14%
Keysight TechnologiesOutperform Votes
473
66.06%
Underperform Votes
243
33.94%

Trane Technologies has a net margin of 12.73% compared to Keysight Technologies' net margin of 12.32%. Trane Technologies' return on equity of 34.62% beat Keysight Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Trane Technologies12.73% 34.62% 12.36%
Keysight Technologies 12.32%19.22%10.52%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trane Technologies$19.39B4.46$2.02B$10.7835.65
Keysight Technologies$4.98B5.75$614M$3.5047.23

Trane Technologies has a beta of 1.06, suggesting that its share price is 6% more volatile than the S&P 500. Comparatively, Keysight Technologies has a beta of 1.02, suggesting that its share price is 2% more volatile than the S&P 500.

Trane Technologies presently has a consensus price target of $413.14, indicating a potential upside of 7.50%. Keysight Technologies has a consensus price target of $180.80, indicating a potential upside of 9.36%. Given Keysight Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Keysight Technologies is more favorable than Trane Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trane Technologies
1 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.33
Keysight Technologies
1 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.80

In the previous week, Trane Technologies had 2 more articles in the media than Keysight Technologies. MarketBeat recorded 10 mentions for Trane Technologies and 8 mentions for Keysight Technologies. Trane Technologies' average media sentiment score of 0.84 beat Keysight Technologies' score of 0.65 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
4 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Keysight Technologies
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

83.0% of Trane Technologies shares are held by institutional investors. Comparatively, 84.6% of Keysight Technologies shares are held by institutional investors. 0.4% of Trane Technologies shares are held by company insiders. Comparatively, 0.6% of Keysight Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Trane Technologies and Keysight Technologies tied by winning 9 of the 18 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 {thisCompany.Symbol} 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 IndustryConstruction SectorNYSE Exchange
Market Cap$86.48B$31.52B$8.75B$19.44B
Dividend Yield0.90%1.76%1.99%3.67%
P/E Ratio35.6518.6429.0039.48
Price / Sales4.461.642.3720.12
Price / Cash37.3520.6522.1521.28
Price / Book12.464.466.375.50
Net Income$2.02B$805.54M$516.58M$992.21M
7 Day Performance3.63%1.76%1.58%4.36%
1 Month Performance-6.74%-3.42%-6.40%-0.44%
1 Year Performance59.76%29.80%48.02%16.52%

Trane Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TT
Trane Technologies
4.2616 of 5 stars
$383.59
+0.7%
$413.14
+7.7%
+58.4%$86.32B$19.39B35.5840,000Analyst Forecast
KEYS
Keysight Technologies
4.2949 of 5 stars
$161.80
-0.7%
$180.80
+11.7%
+10.0%$28.02B$4.98B46.2314,900
FTV
Fortive
4.6854 of 5 stars
$75.17
-0.6%
$86.82
+15.5%
+6.2%$26.08B$6.20B29.9518,000
VLTO
Veralto
2.5917 of 5 stars
$102.29
-0.8%
$109.50
+7.0%
+31.1%$25.30B$5.14B31.5716,000Positive News
TER
Teradyne
4.5414 of 5 stars
$128.12
-0.3%
$147.25
+14.9%
+27.1%$20.87B$2.74B40.676,500Analyst Upgrade
Gap Up
AVTR
Avantor
4.7673 of 5 stars
$21.25
-0.7%
$27.69
+30.3%
-0.1%$14.46B$6.82B46.2014,500
RVTY
Revvity
4.0361 of 5 stars
$111.51
-0.4%
$132.47
+18.8%
+5.8%$13.57B$2.72B53.8711,500Positive News
BIO.B
Bio-Rad Laboratories
N/A$325.60
-0.1%
N/A+2.6%$9.12B$2.58B-11.918,200
NVMI
Nova
1.0894 of 5 stars
$198.55
-0.7%
$227.80
+14.7%
+58.2%$5.77B$611.85M37.043,606Analyst Upgrade
News Coverage
Positive News
VNT
Vontier
3.5506 of 5 stars
$36.31
-0.8%
$44.44
+22.4%
+9.1%$5.45B$2.99B13.918,000Positive News
MIR
Mirion Technologies
2.6061 of 5 stars
$17.58
-0.2%
$19.25
+9.5%
+71.6%$4.08B$836.90M-51.713,000

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This page (NYSE:TT) was last updated on 1/6/2025 by MarketBeat.com Staff
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