NASDAQ:TRMB - Trimble Stock Price, News, & Analysis

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

Trimble declared that its board has authorized a stock buyback program on Wednesday, November 15th 2017, which allows the company to repurchase $600,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its shares are undervalued.

Trimble Inc (NASDAQ:TRMB) issued its quarterly earnings results on Wednesday, February, 6th. The scientific and technical instruments company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.01. The scientific and technical instruments company earned $792.90 million during the quarter, compared to the consensus estimate of $809.82 million. Trimble had a net margin of 9.10% and a return on equity of 16.48%. The business's revenue was up 11.9% compared to the same quarter last year. During the same period last year, the business posted $0.39 EPS. View Trimble's Earnings History.

Trimble is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Trimble.

Trimble issued an update on its first quarter earnings guidance on Wednesday, February, 6th. The company provided earnings per share guidance of $0.44-0.48 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.49. The company issued revenue guidance of $795-820 million, compared to the consensus revenue estimate of $822.26 million.Trimble also updated its Q1 2019 guidance to $0.44-0.48 EPS.

7 analysts have issued 12 month price targets for Trimble's shares. Their forecasts range from $38.00 to $47.00. On average, they expect Trimble's stock price to reach $42.25 in the next year. This suggests a possible upside of 5.7% from the stock's current price. View Analyst Price Targets for Trimble.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trimble in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Trimble.

Headlines about TRMB stock have been trending neutral recently, according to InfoTrie. InfoTrie identifies positive and negative 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 -5 to 5, with scores closest to five being the most favorable. Trimble earned a news sentiment score of 0.3 on InfoTrie's scale. They also assigned media headlines about the scientific and technical instruments company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days.

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

Trimble's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.50%), Impax Asset Management Group plc (2.21%), King Luther Capital Management Corp (1.72%), Atlanta Capital Management Co. L L C (1.46%), Bank of New York Mellon Corp (1.41%) and Parnassus Investments CA (1.31%). Company insiders that own Trimble stock include Bryn Fosburgh, Chris Gibson, Darryl R Matthews, James A Kirkland, James Veneziano, Julie A Shepard, Jurgen Kliem, Kaigham Gabriel, Mark S Peek, Merit E Janow, Robert G Painter, Ronald S Nersesian, Sachin Sankpal, Steeg Nickolas Vande, Steven W Berglund 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 Atlanta Capital Management Co. L L C, Prudential Financial Inc., Victory Capital Management Inc., Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, Mackenzie Financial Corp, Millennium Management LLC and Bank of America Corp DE. Company insiders that have sold Trimble company stock in the last year include Bryn Fosburgh, Darryl R Matthews, James A Kirkland, Jurgen Kliem, Kaigham Gabriel, Mark S Peek, Merit E Janow, Robert G Painter, Sachin Sankpal, Steven W Berglund and Ulf J Johansson. View Insider Buying and Selling for Trimble.

TRMB stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Parnassus Investments CA, Royal London Asset Management Ltd., BlackRock Inc., Gateway Investment Advisers LLC, Candriam Luxembourg S.C.A., Dimensional Fund Advisors LP and Rhumbline Advisers. 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, Scottrade, Fidelity and Charles Schwab.

One share of TRMB stock can currently be purchased for approximately $39.98.

Trimble has a market capitalization of $10.04 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 9,523 workers across the globe.

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]