NASDAQ:TRMB - Trimble Stock Price, Forecast & News

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

Trimble Inc (NASDAQ:TRMB) issued its quarterly earnings data on Wednesday, October, 30th. The scientific and technical instruments company reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.07. The scientific and technical instruments company earned $874.30 million during the quarter, compared to analyst estimates of $807.49 million. Trimble had a net margin of 9.97% and a return on equity of 15.63%. The firm's quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the business earned $0.49 EPS. View Trimble's Earnings History.

Trimble is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Trimble.

Trimble updated its fourth quarter earnings guidance on Wednesday, October, 30th. The company provided EPS guidance of $0.46-0.50 for the period, compared to the Thomson Reuters consensus estimate of $0.50. The company issued revenue guidance of $770-800 million, compared to the consensus revenue estimate of $811.18 million.

3 brokers have issued 12 month price targets for Trimble's stock. Their forecasts range from $35.00 to $46.00. On average, they anticipate Trimble's stock price to reach $40.50 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. 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 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Trimble.

Press coverage about TRMB stock has trended very negative on Friday, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Trimble earned a coverage optimism score of -3.6 on InfoTrie's scale. They also gave headlines about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Trimble.

Trimble saw a increase in short interest in December. As of December 31st, there was short interest totalling 3,360,000 shares, an increase of 20.9% from the December 15th total of 2,780,000 shares. Based on an average daily volume of 1,040,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 1.4% 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), Sanmina (SANM), Fabrinet (FN), Plexus (PLXS), TTM Technologies (TTMI), KEMET (KEM), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).

Based on aggregate information from My MarketBeat watchlists, some companies that other Trimble investors own include AT&T (T), Verizon Communications (VZ), Schlumberger (SLB), Cisco Systems (CSCO), NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), 3M (MMM), Intel (INTC) and QUALCOMM (QCOM).

Trimble's stock is owned by a number of of institutional and retail investors. Top institutional investors include Johanson Financial Advisors Inc. (1.76%), Gateway Investment Advisers LLC (0.05%), Winslow Evans & Crocker Inc. (0.02%), State of Alaska Department of Revenue (0.02%), Bath Savings Trust Co (0.01%) and DNB Asset Management AS (0.01%). 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, 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 Gateway Investment Advisers LLC, State of Alaska Department of Revenue, IFM Investors Pty Ltd and Bath Savings Trust Co. 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 Johanson Financial Advisors Inc., UMA Financial Services Inc., Douglass Winthrop Advisors LLC, Winslow Evans & Crocker Inc., Cerebellum GP LLC, DNB Asset Management AS, Huntington National Bank and Wendell David Associates Inc.. 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 $44.14.

Trimble has a market capitalization of $11.00 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]