Free Trial

Trimble (TRMB) Competitors

$55.82
-0.98 (-1.73%)
(As of 05/28/2024 ET)

TRMB vs. ONTO, AZPN, MANH, NVT, JBL, DT, AKAM, LOGI, SWKS, and NICE

Should you be buying Trimble stock or one of its competitors? The main competitors of Trimble include Onto Innovation (ONTO), Aspen Technology (AZPN), Manhattan Associates (MANH), nVent Electric (NVT), Jabil (JBL), Dynatrace (DT), Akamai Technologies (AKAM), Logitech International (LOGI), Skyworks Solutions (SWKS), and NICE (NICE). These companies are all part of the "computer and technology" sector.

Trimble vs.

Onto Innovation (NYSE:ONTO) and Trimble (NASDAQ:TRMB) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, risk, earnings, valuation, community ranking, analyst recommendations, media sentiment, dividends and institutional ownership.

Onto Innovation has a net margin of 16.43% compared to Onto Innovation's net margin of 6.25%. Onto Innovation's return on equity of 12.04% beat Trimble's return on equity.

Company Net Margins Return on Equity Return on Assets
Onto Innovation16.43% 11.48% 10.46%
Trimble 6.25%12.04%5.59%

Trimble received 175 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.35% of users gave Trimble an outperform vote while only 67.14% of users gave Onto Innovation an outperform vote.

CompanyUnderperformOutperform
Onto InnovationOutperform Votes
380
67.14%
Underperform Votes
186
32.86%
TrimbleOutperform Votes
555
68.35%
Underperform Votes
257
31.65%

98.4% of Onto Innovation shares are held by institutional investors. Comparatively, 93.2% of Trimble shares are held by institutional investors. 0.7% of Onto Innovation shares are held by company insiders. Comparatively, 0.5% of Trimble shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Onto Innovation has a beta of 1.4, meaning that its stock price is 40% more volatile than the S&P 500. Comparatively, Trimble has a beta of 1.51, meaning that its stock price is 51% more volatile than the S&P 500.

Onto Innovation presently has a consensus price target of $242.00, suggesting a potential upside of 4.84%. Trimble has a consensus price target of $66.67, suggesting a potential upside of 17.56%. Given Onto Innovation's higher possible upside, analysts clearly believe Trimble is more favorable than Onto Innovation.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Onto Innovation
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Trimble
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Onto Innovation$815.87M13.84$121.16M$2.8181.56
Trimble$3.80B3.63$311.30M$0.9658.82

In the previous week, Onto Innovation had 1 more articles in the media than Trimble. MarketBeat recorded 9 mentions for Onto Innovation and 8 mentions for Trimble. Trimble's average media sentiment score of 1.39 beat Onto Innovation's score of 0.82 indicating that Onto Innovation is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Onto Innovation
7 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Trimble
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Onto Innovation beats Trimble on 9 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TRMB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ 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.
Skip Chart

TRMB vs. The Competition

MetricTrimbleMeasuring & controlling devices IndustryComputer SectorNASDAQ Exchange
Market Cap$13.79B$19.77B$20.69B$8.08B
Dividend YieldN/A3.52%2.72%3.96%
P/E Ratio58.8218.62228.3815.01
Price / Sales3.6320.26539.3172.77
Price / Cash17.6815.2929.0928.77
Price / Book3.123.907.034.39
Net Income$311.30M$536.75M$612.84M$213.15M
7 Day Performance-1.45%-2.03%-0.35%-0.80%
1 Month Performance-6.12%-3.81%3.21%3.27%
1 Year Performance19.67%26.31%28.21%7.56%

Trimble Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ONTO
Onto Innovation
3.0919 of 5 stars
$230.59
+1.3%
$242.00
+4.9%
+113.5%$11.36B$815.87M82.061,497Positive News
AZPN
Aspen Technology
1.685 of 5 stars
$221.28
+0.1%
$219.50
-0.8%
+34.7%$14.00B$1.11B-502.901,014Positive News
MANH
Manhattan Associates
4.2172 of 5 stars
$225.67
-2.2%
$240.50
+6.6%
+27.3%$13.89B$928.72M73.754,580Analyst Downgrade
Positive News
NVT
nVent Electric
3.5981 of 5 stars
$83.20
+1.9%
$87.00
+4.6%
+91.0%$13.81B$3.26B24.2611,300Short Interest ↑
JBL
Jabil
3.6386 of 5 stars
$117.79
-2.7%
$144.50
+22.7%
+30.6%$14.21B$34.70B10.11236,000Short Interest ↑
DT
Dynatrace
4.9451 of 5 stars
$48.29
-0.1%
$61.54
+27.4%
-5.6%$14.22B$1.43B92.874,180Short Interest ↑
AKAM
Akamai Technologies
4.394 of 5 stars
$94.50
-0.4%
$114.00
+20.6%
+3.9%$14.39B$3.88B23.5110,250Short Interest ↑
LOGI
Logitech International
3.0134 of 5 stars
$92.46
+2.9%
$91.00
-1.6%
+45.9%$14.62B$4.30B23.892,400
SWKS
Skyworks Solutions
4.9585 of 5 stars
$92.45
-1.7%
$106.25
+14.9%
-12.3%$14.83B$4.77B17.389,750Positive News
NICE
NICE
4.1629 of 5 stars
$199.85
-0.4%
$285.92
+43.1%
+0.8%$12.56B$2.38B36.078,384

Related Companies and Tools

This page (NASDAQ:TRMB) was last updated on 5/28/2024 by MarketBeat.com Staff

From Our Partners