Trimble (NASDAQ:TRMB) Issues FY 2025 Earnings Guidance

Trimble (NASDAQ:TRMB - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.760-2.980 for the period, compared to the consensus earnings per share estimate of 2.870. The company issued revenue guidance of -, compared to the consensus revenue estimate of $3.4 billion. Trimble also updated its Q2 2025 guidance to 0.590-0.65 EPS.

Trimble Trading Up 1.1 %

Shares of NASDAQ TRMB traded up $0.74 during midday trading on Friday, hitting $68.12. The stock had a trading volume of 1,729,318 shares, compared to its average volume of 1,395,785. 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. The company has a market capitalization of $16.25 billion, a price-to-earnings ratio of 11.19, a PEG ratio of 3.09 and a beta of 1.67. The company has a fifty day moving average price of $63.87 and a 200 day moving average price of $68.98.

Trimble (NASDAQ:TRMB - Get Free Report) last issued its earnings results on Wednesday, May 7th. The scientific and technical instruments company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.01. The business had revenue of $840.60 million for the quarter, compared to the consensus estimate of $810.45 million. Trimble had a net margin of 40.84% and a return on equity of 10.56%. The business's revenue for the quarter was down 11.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS. On average, analysts predict that Trimble will post 2.37 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on TRMB shares. Oppenheimer boosted their target price on shares of Trimble from $88.00 to $90.00 and gave the stock an "outperform" rating in a research report on Thursday, February 20th. Piper Sandler reissued an "overweight" rating and set a $84.00 price objective on shares of Trimble in a report on Thursday. StockNews.com lowered shares of Trimble from a "buy" rating to a "hold" rating in a research note on Thursday. Finally, Cfra raised Trimble from a "buy" rating to a "strong-buy" rating and set a $92.00 price objective for the company in a report on Thursday, February 20th. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $86.00.

Insider Buying and Selling at Trimble

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

Institutional Trading of Trimble

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