Trimble (NASDAQ:TRMB) Updates Q1 2025 Earnings Guidance

Trimble (NASDAQ:TRMB - Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.550-0.610 for the period, compared to the consensus estimate of 0.600. The company issued revenue guidance of $794.0 million-$824.0 million, compared to the consensus revenue estimate of $804.4 million. Trimble also updated its FY 2025 guidance to 2.760-2.980 EPS.

Analyst Ratings Changes

Several equities analysts have recently weighed in on TRMB shares. Wolfe Research upgraded shares of Trimble from a "peer perform" rating to an "outperform" rating and set a $90.00 price objective for the company in a research report on Monday, December 16th. JPMorgan Chase & Co. upgraded shares of Trimble from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $74.00 to $92.00 in a report on Wednesday, December 4th. Piper Sandler reaffirmed an "overweight" rating and issued a $84.00 price target on shares of Trimble in a report on Wednesday, December 11th. StockNews.com raised Trimble from a "buy" rating to a "strong-buy" rating in a research note on Thursday. Finally, Sanford C. Bernstein lifted their target price on Trimble from $82.00 to $85.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Seven research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $86.00.

Trimble Stock Down 2.4 %

Shares of TRMB traded down $1.74 during mid-day trading on Friday, reaching $71.47. The company's stock had a trading volume of 1,852,430 shares, compared to its average volume of 1,323,335. The company has a market cap of $17.57 billion, a price-to-earnings ratio of 11.74, a price-to-earnings-growth ratio of 3.09 and a beta of 1.53. The business has a fifty day moving average of $73.30 and a 200 day moving average of $66.28. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.24. Trimble has a 1 year low of $48.65 and a 1 year high of $77.78.

Insider Buying and Selling

In other Trimble news, VP Jennifer Allison sold 3,571 shares of the company's stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $74.75, for a total value of $266,932.25. Following the transaction, the vice president now owns 3,157 shares in the company, valued at approximately $235,985.75. This represents a 53.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.47% of the company's stock.

Trimble Company Profile

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.