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NASDAQ:TRMB

Trimble (TRMB) Stock Price, News & Analysis

Trimble logo
$72.95 +0.63 (+0.87%)
(As of 11/25/2024 ET)

About Trimble Stock (NASDAQ:TRMB)

Key Stats

Today's Range
$72.44
$74.12
50-Day Range
$58.05
$73.36
52-Week Range
$43.70
$74.22
Volume
1.60 million shs
Average Volume
1.35 million shs
Market Capitalization
$17.81 billion
P/E Ratio
12.20
Dividend Yield
N/A
Price Target
$75.40
Consensus Rating
Moderate Buy

Company Overview

Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades. Its Geospatial segment provides surveying and geospatial products, and geographic information systems. The company's Resources and Utilities segment offers precision agriculture products and services, such as guidance and positioning systems, including autonomous steering systems, automated and variable-rate application and technology systems, and information management solutions; manual and automated navigation guidance for tractors and other farm equipment; solutions to automate application of pesticide and seeding; water solutions; and agricultural software. Its Transportation segment offers solutions for long haul trucking and freight shipper markets; mobility solutions comprising route management, safety and compliance, end-to-end vehicle management, video intelligence, and supply chain communications; and fleet and transportation management systems, analytics, routing, mapping, reporting, and predictive modeling solutions. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Westminster, Colorado.

Trimble Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
79th Percentile Overall Score

TRMB MarketRank™: 

Trimble scored higher than 79% of companies evaluated by MarketBeat, and ranked 56th out of 176 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Trimble has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Trimble has only been the subject of 3 research reports in the past 90 days.

  • Read more about Trimble's stock forecast and price target.
  • Earnings Growth

    Earnings for Trimble are expected to grow by 5.13% in the coming year, from $2.34 to $2.46 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Trimble is 12.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.85.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Trimble is 12.20, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.37.

  • Price to Earnings Growth Ratio

    Trimble has a PEG Ratio of 3.09. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Trimble has a P/B Ratio of 4.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Trimble's valuation and earnings.
  • Percentage of Shares Shorted

    1.25% of the float of Trimble has been sold short.
  • Short Interest Ratio / Days to Cover

    Trimble has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Trimble has recently decreased by 19.53%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Trimble does not currently pay a dividend.

  • Dividend Growth

    Trimble does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.25% of the float of Trimble has been sold short.
  • Short Interest Ratio / Days to Cover

    Trimble has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Trimble has recently decreased by 19.53%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Trimble has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Trimble this week, compared to 9 articles on an average week.
  • Search Interest

    11 people have searched for TRMB on MarketBeat in the last 30 days. This is an increase of 175% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Trimble to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Trimble insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.47% of the stock of Trimble is held by insiders.

  • Percentage Held by Institutions

    93.21% of the stock of Trimble is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Trimble's insider trading history.
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TRMB Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Trimble management to meet with KeyBanc
Trimble Inc. (NASDAQ:TRMB) Short Interest Update
Trimble receives expected delisting, deficiency notice from Nasdaq
See More Headlines

TRMB Stock Analysis - Frequently Asked Questions

Trimble's stock was trading at $53.20 on January 1st, 2024. Since then, TRMB stock has increased by 37.1% and is now trading at $72.95.
View the best growth stocks for 2024 here
.

Trimble Inc. (NASDAQ:TRMB) released its earnings results on Tuesday, August, 6th. The scientific and technical instruments company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.04. The business's quarterly revenue was down 12.4% on a year-over-year basis.
Read the conference call transcript
.

Trimble subsidiaries include these companies: Ryvit, Transporeon, B2W, Agile Assets, MidStates VRS, Kuebix, Cityworks, and more.

Top institutional investors of Trimble include State Street Corp (4.29%), Geode Capital Management LLC (2.42%), Victory Capital Management Inc. (2.23%) and UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (2.21%). Insiders that own company stock include Robert G Painter, Mark S Peek, Ronald Bisio, James A Kirkland, Darryl R Matthews, Kaigham Gabriel, Mark David Schwartz, Peter Large, Thomas W Sweet, Jennifer Allison, James Calvin Dalton, James Joel Langley and Sandra Macquillan.
View institutional ownership trends
.

Shares of TRMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Trimble investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR) and AUO (AUOTY).

Company Calendar

Last Earnings
8/06/2024
Today
11/25/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/10/2025

Industry, Sector and Symbol

Industry
Measuring & controlling devices, not elsewhere classified
Sub-Industry
Electronic Manufacturing Services
Current Symbol
NASDAQ:TRMB
CUSIP
89623910
Employees
12,700
Year Founded
1978

Price Target and Rating

Average Stock Price Target
$75.40
High Stock Price Target
$84.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$311.30 million
Pretax Margin
54.17%

Debt

Sales & Book Value

Annual Sales
$3.63 billion
Cash Flow
$3.24 per share
Book Value
$18.09 per share

Miscellaneous

Free Float
243,060,000
Market Cap
$17.81 billion
Optionable
Optionable
Beta
1.49

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This page (NASDAQ:TRMB) was last updated on 11/25/2024 by MarketBeat.com Staff
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