William Blair Predicts Trimble's Q1 Earnings (NASDAQ:TRMB)

Trimble Inc. (NASDAQ:TRMB - Free Report) - William Blair lowered their Q1 2025 earnings estimates for Trimble in a report issued on Wednesday, December 11th. William Blair analyst J. Ho now forecasts that the scientific and technical instruments company will earn $0.59 per share for the quarter, down from their previous estimate of $0.62. The consensus estimate for Trimble's current full-year earnings is $2.34 per share.

TRMB has been the subject of several other research reports. Robert W. Baird boosted their price target on shares of Trimble from $82.00 to $90.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Piper Sandler reissued an "overweight" rating and set a $84.00 target price on shares of Trimble in a research note on Wednesday, December 11th. StockNews.com raised Trimble from a "hold" rating to a "buy" rating in a research report on Thursday. JPMorgan Chase & Co. raised Trimble from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $74.00 to $92.00 in a research report on Wednesday, December 4th. Finally, Oppenheimer raised their target price on shares of Trimble from $77.00 to $88.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $84.86.

Trimble Stock Up 0.9 %

Shares of TRMB stock traded up $0.65 during trading on Monday, reaching $74.24. The company's stock had a trading volume of 1,368,824 shares, compared to its average volume of 1,344,672. The company has a market capitalization of $18.13 billion, a price-to-earnings ratio of 12.31, a P/E/G ratio of 3.15 and a beta of 1.53. Trimble has a 1-year low of $48.60 and a 1-year high of $76.97. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.16 and a quick ratio of 1.07. The stock's 50-day moving average price is $67.78 and its 200 day moving average price is $60.15.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. TD Private Client Wealth LLC increased its position in Trimble by 722.2% during the third quarter. TD Private Client Wealth LLC now owns 592 shares of the scientific and technical instruments company's stock worth $37,000 after buying an additional 520 shares during the period. Blue Trust Inc. grew its position in shares of Trimble by 96.0% during the second quarter. Blue Trust Inc. now owns 639 shares of the scientific and technical instruments company's stock worth $36,000 after acquiring an additional 313 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new position in shares of Trimble in the 3rd quarter valued at $49,000. Cromwell Holdings LLC boosted its stake in Trimble by 86.6% during the 3rd quarter. Cromwell Holdings LLC now owns 808 shares of the scientific and technical instruments company's stock worth $50,000 after purchasing an additional 375 shares during the period. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Trimble during the 2nd quarter worth $48,000. Institutional investors and hedge funds own 93.21% 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.