NASDAQ:TRMBTrimble Stock Price, Forecast & News

Trimble's stock was trading at $33.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TRMB shares have increased by 18.4% and is now trading at $39.33. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trimble in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Trimble.

Trimble is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Trimble.

Trimble Inc (NASDAQ:TRMB) announced its quarterly earnings results on Wednesday, May, 6th. The scientific and technical instruments company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.08. The scientific and technical instruments company earned $794 million during the quarter, compared to analysts' expectations of $773.19 million. Trimble had a return on equity of 15.44% and a net margin of 15.79%. The company's revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.45 EPS. View Trimble's earnings history.

10 brokers have issued 12 month target prices for Trimble's stock. Their forecasts range from $30.00 to $46.00. On average, they expect Trimble's share price to reach $38.71 in the next year. This suggests that the stock has a possible downside of 1.6%. View analysts' price targets for Trimble.

Headlines about TRMB stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Trimble earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned press coverage about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutTrimble.

Trimble saw a increase in short interest in May. As of May 15th, there was short interest totaling 6,180,000 shares, an increase of 10.0% from the April 30th total of 5,620,000 shares. Based on an average daily volume of 1,870,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.5% of the company's stock are short sold. View Trimble's Current Options Chain.

Some companies that are related to Trimble include IPG Photonics (IPGP), Mercury Systems (MRCY), Jabil (JBL), Fabrinet (FN), Plexus (PLXS), Sanmina (SANM), KEMET (KEM), TTM Technologies (TTMI), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Trimble investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Pfizer (PFE), Intel (INTC), QUALCOMM (QCOM), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Bristol-Myers Squibb (BMY) and Schlumberger (SLB).

Trimble trades on the NASDAQ under the ticker symbol "TRMB."

Trimble's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.11%), Capital International Investors (7.86%), Impax Asset Management Group plc (3.61%), State Street Corp (3.35%), Primecap Management Co. CA (3.17%) and Atlanta Capital Management Co. L L C (2.00%). Company insiders that own Trimble stock include Bryn Fosburgh, Darryl R Matthews, James A Kirkland, Julie A Shepard, Jurgen Kliem, Kaigham Gabriel, Mark S Peek, Merit E Janow, Michael Bank, Robert G Painter, Ronald Bisio, Ronald S Nersesian, Rosalind D Buick, Sachin Sankpal, Steven W Berglund, Thomas Fansler and Ulf J Johansson. View institutional ownership trends for Trimble.

TRMB stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Johanson Financial Advisors Inc., Franklin Resources Inc., Janus Henderson Group PLC, Royal London Asset Management Ltd., APG Asset Management N.V., Pictet Asset Management Ltd., and Primecap Management Co. CA. Company insiders that have sold Trimble company stock in the last year include Darryl R Matthews, James A Kirkland, Julie A Shepard, Merit E Janow, Michael Bank, Robert G Painter, Ronald Bisio, Ronald S Nersesian, Sachin Sankpal, Steven W Berglund, and Thomas Fansler. View insider buying and selling activity for Trimble.

TRMB stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Sumitomo Mitsui Trust Holdings Inc., Impax Asset Management Group plc, Atlanta Capital Management Co. L L C, New York State Common Retirement Fund, Invesco Ltd., Robecosam AG, and Victory Capital Management Inc.. View insider buying and selling activity for Trimble.

Shares of TRMB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TRMB stock can currently be purchased for approximately $39.33.

Trimble has a market capitalization of $9.82 billion and generates $3.26 billion in revenue each year. The scientific and technical instruments company earns $514.30 million in net income (profit) each year or $1.76 on an earnings per share basis. Trimble employs 11,484 workers across the globe.

The official website for Trimble is www.trimble.com.

Trimble's mailing address is 935 STEWART DRIVE, SUNNYVALE CA, 94085. The scientific and technical instruments company can be reached via phone at 408-481-8000 or via email at [email protected]