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

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 repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Trimble Inc (NASDAQ:TRMB) released its earnings results on Wednesday, February, 6th. The scientific and technical instruments company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The scientific and technical instruments company had revenue of $792.90 million for the quarter, compared to analyst estimates of $809.82 million. Trimble had a net margin of 9.10% and a return on equity of 16.48%. Trimble's revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the company earned $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 (EPS) 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 brokerages have issued 1 year price targets for Trimble's shares. Their predictions range from $38.00 to $47.00. On average, they expect Trimble's stock price to reach $42.25 in the next twelve months. This suggests a possible upside of 7.3% 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.

News articles about TRMB stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Trimble earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media headlines about the scientific and technical instruments company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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 many different of retail and institutional investors. Top institutional investors 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 purchased 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 $39.39.

Trimble has a market capitalization of $9.89 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]