NASDAQ:TRMB - Trimble Stock Price, Price Target & More

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

Trimble declared that its board has initiated a share repurchase plan on Wednesday, November 15th 2017, which permits the company to repurchase $600,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Trimble Inc (NASDAQ:TRMB) posted its quarterly earnings results on Monday, May, 7th. The scientific and technical instruments company reported $0.44 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.40 by $0.04. The scientific and technical instruments company had revenue of $742.20 million for the quarter, compared to analyst estimates of $730.66 million. Trimble had a net margin of 4.64% and a return on equity of 14.28%. The company's revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.33 earnings per share. View Trimble's Earnings History.

Trimble is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Trimble.

11 Wall Street analysts have issued twelve-month price objectives for Trimble's stock. Their predictions range from $37.00 to $50.00. On average, they expect Trimble's share price to reach $42.6667 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Ratings for Trimble.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trimble in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

Press coverage about TRMB stock has trended somewhat negative this week, Accern reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Trimble earned a coverage optimism score of -0.06 on Accern's scale. They also assigned media headlines about the scientific and technical instruments company an impact score of 47.53 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Trimble's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Investment House LLC (0.09%), State of Alaska Department of Revenue (0.01%), Bank of Montreal Can (0.01%), IFM Investors Pty Ltd (0.01%) and Campbell & CO Investment Adviser LLC (0.00%). 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 Bank of Montreal Can, Campbell & CO Investment Adviser LLC and Investment House LLC. Company insiders that have sold Trimble company stock in the last year include Chris Gibson, Darryl R Matthews, James A Kirkland, James Veneziano, Jurgen Kliem, Kaigham Gabriel, Mark S Peek, Merit E Janow, Robert G Painter, Ronald S Nersesian, Sachin Sankpal, Steven W Berglund and Ulf J Johansson. View Insider Buying and Selling for Trimble.

TRMB stock was purchased by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd and State of Alaska Department of Revenue. 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 $34.12.

Trimble has a market capitalization of $8.56 billion and generates $2.65 billion in revenue each year. The scientific and technical instruments company earns $121.10 million in net income (profit) each year or $1.28 on an earnings per share basis. Trimble employs 9,523 workers across the globe.

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]