NASDAQ:TRMBTrimble Stock Price, Forecast & News

Trimble's stock was trading at $33.23 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRMB shares have increased by 27.6% and is now trading at $42.40. 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 5 hold ratings and 5 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) released its earnings results on Wednesday, May, 6th. The scientific and technical instruments company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.41 by $0.08. The scientific and technical instruments company earned $794 million during the quarter, compared to the consensus estimate of $773.19 million. Trimble had a return on equity of 15.44% and a net margin of 15.79%. Trimble's revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.45 EPS. View Trimble's earnings history.

10 Wall Street analysts have issued 1-year target prices for Trimble's shares. Their forecasts range from $30.00 to $46.00. On average, they expect Trimble's share price to reach $39.00 in the next year. This suggests that the stock has a possible downside of 8.0%. View analysts' price targets for Trimble.

Press coverage about TRMB stock has trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Trimble earned a news impact score of -2.1 on InfoTrie's scale. They also gave media coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Trimble.

Trimble saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 5,570,000 shares, a decline of 17.7% from the May 31st total of 6,770,000 shares. Based on an average trading volume of 1,820,000 shares, the days-to-cover ratio is currently 3.1 days. Approximately 2.2% of the shares of the company are short sold. View Trimble's Current Options Chain.

Some companies that are related to Trimble include IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Plexus (PLXS), Sanmina (SANM), KEMET (KEM), TTM Technologies (TTMI), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Neonode (NEON) and Key Tronic (KTCC). 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 many different institutional and retail investors. Top institutional shareholders include Robecosam AG (0.41%), Envestnet Asset Management Inc. (0.02%), Bath Savings Trust Co (0.01%) and IBM Retirement Fund (0.00%). 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 Envestnet Asset Management Inc., Robecosam AG, and Bath Savings Trust Co. Company insiders that have sold Trimble company stock in the last year include Darryl R Matthews, James A Kirkland, Julie A Shepard, Kaigham Gabriel, Michael Bank, Robert G Painter, Ronald Bisio, Ronald S Nersesian, Sachin Sankpal, and Steven W Berglund. View insider buying and selling activity for Trimble.

TRMB stock was acquired by a variety of institutional investors in the last quarter, including IBM Retirement Fund. 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 $42.40.

Trimble has a market capitalization of $10.59 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]