Trimble Stock Price, News & Analysis (NASDAQ:TRMB)

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

Trimble announced that its board has authorized a stock repurchase program on Wednesday, November 15th 2017, which allows the company to repurchase $600,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

Trimble Inc (NASDAQ:TRMB) posted its earnings results on Wednesday, July, 31st. The scientific and technical instruments company reported $0.48 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.48. The scientific and technical instruments company earned $855.80 million during the quarter, compared to analysts' expectations of $864.69 million. Trimble had a return on equity of 15.96% and a net margin of 9.80%. The business's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.50 EPS. View Trimble's Earnings History.

Trimble is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Trimble.

Trimble issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $1.91-1.99 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.08. The company issued revenue guidance of $3.255-3.315 billion, compared to the consensus revenue estimate of $3.38 billion.

3 Wall Street analysts have issued 1-year target prices for Trimble's stock. Their predictions range from $35.00 to $47.00. On average, they expect Trimble's stock price to reach $42.6667 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Trimble.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trimble in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Trimble.

Media headlines about TRMB stock have trended somewhat negative recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Trimble earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave press coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Trimble.

Trimble saw a drop in short interest in August. As of August 15th, there was short interest totalling 3,962,100 shares, a drop of 15.3% from the July 15th total of 4,679,700 shares. Based on an average daily volume of 1,120,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 1.6% of the company's stock are sold short. View Trimble's Current Options Chain.

Some companies that are related to Trimble include Rockwell Automation (ROK), MEGGITT PLC/ADR (MEGGY), Cubic (CUB), MTS Systems (MTSC), Oxford Instruments (OXINF), FARO Technologies (FARO), Nanometrics (NANO), Geospace Technologies (GEOS), Sierra Monitor (SRMC), Midwest Energy Emissions (MEEC), Know Labs (KNWN), Image Sensing Systems (ISNS), Mechanical Technology (MKTY), Mikros Systems (MKRS) and Cemtrex (CETX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Trimble investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Schlumberger (SLB), NVIDIA (NVDA), Starbucks (SBUX), Walt Disney (DIS), Intel (INTC), General Electric (GE) and Johnson & Johnson (JNJ).

Trimble's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.41%), BlackRock Inc. (10.41%), Vanguard Group Inc. (9.25%), Parnassus Investments CA (3.96%), Primecap Management Co. CA (3.72%) and Impax Asset Management Group plc (2.34%). Company insiders that own Trimble stock include Bryn Fosburgh, Darryl R Matthews, James A Kirkland, James Veneziano, 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 DF Dent & Co. Inc., Pictet Asset Management Ltd., Polar Asset Management Partners Inc., Polar Asset Management Partners Inc., D. E. Shaw & Co. Inc., AXA, Candriam Luxembourg S.C.A. and Impax Asset Management Group plc. Company insiders that have sold Trimble company stock in the last year 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, Rosalind D Buick, Sachin Sankpal, Steven W Berglund, Thomas Fansler and Ulf J Johansson. View Insider Buying and Selling for Trimble.

TRMB stock was bought by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Nuveen Asset Management LLC, DekaBank Deutsche Girozentrale, Victory Capital Management Inc., Vanguard Group Inc., BlackRock Inc., BlackRock Inc. and BNP PARIBAS ASSET MANAGEMENT Holding S.A.. View Insider Buying and Selling 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 $38.56.

Trimble has a market capitalization of $9.71 billion and generates $3.11 billion in revenue each year. The scientific and technical instruments company earns $282.80 million in net income (profit) each year or $1.69 on an earnings per share basis. Trimble employs 11,287 workers across the globe.View Additional Information About Trimble.

The official website for Trimble is http://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]