Trimble (TRMB) Expected to Announce Quarterly Earnings on Wednesday

Trimble (NASDAQ:TRMB - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Wednesday, May 7th. Analysts expect Trimble to post earnings of $0.60 per share and revenue of $810.45 million for the quarter.

Trimble Stock Up 0.1 %

NASDAQ TRMB traded up $0.06 on Friday, hitting $61.71. 844,042 shares of the stock were exchanged, compared to its average volume of 1,401,590. Trimble has a fifty-two week low of $48.65 and a fifty-two week high of $77.78. The company has a 50-day moving average price of $65.32 and a 200-day moving average price of $68.90. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.24. The company has a market cap of $15.17 billion, a PE ratio of 10.13, a PEG ratio of 3.09 and a beta of 1.57.

Insider Activity

In related news, VP Christopher F. Keating sold 5,709 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $72.00, for a total value of $411,048.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James Calvin Dalton sold 2,141 shares of the firm's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $71.79, for a total value of $153,702.39. Following the sale, the director now owns 10,162 shares in the company, valued at approximately $729,529.98. The trade was a 17.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.47% of the company's stock.

Hedge Funds Weigh In On Trimble

An institutional investor recently bought a new position in Trimble stock. Brighton Jones LLC acquired a new stake in shares of Trimble Inc. (NASDAQ:TRMB - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,985 shares of the scientific and technical instruments company's stock, valued at approximately $211,000. 93.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Oppenheimer increased their target price on Trimble from $88.00 to $90.00 and gave the company an "outperform" rating in a report on Thursday, February 20th. Cfra upgraded Trimble from a "buy" rating to a "strong-buy" rating and set a $92.00 price objective on the stock in a report on Thursday, February 20th. Finally, StockNews.com cut Trimble from a "strong-buy" rating to a "buy" rating in a research note on Monday, March 3rd. Eight research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Trimble presently has a consensus rating of "Buy" and an average price target of $86.00.

About Trimble

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.