Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company operates in four segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The Buildings and Infrastructure segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; applications for sub-contractors and trades; integrated workplace management services software; capital program and facility management solutions; field based data collection systems; and communication systems and back-office software. This segment serves architects, engineers, contractors, owners, and operators. The Geospatial segment provides surveying and geospatial products and services to the construction, engineering, mining, oil and gas, energy and utilities, government, and land management sectors; and geographic information systems. The Resources and Utilities segment offers precision agriculture products and services that consist of guidance and positioning systems, automated and variable-rate application and technology systems, and information management solutions primarily to customers working in agriculture, forestry, and utilities. The Transportation segment offers solutions under the Trimble, PeopleNet, GEOTrac, TMW, and ALK Technologies brands to customers working in transportation, including transportation and logistics, automotive, rail, and field service management. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Sunnyvale, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Measuring & controlling devices, not elsewhere classified
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Current SymbolNASDAQ:TRMB
Previous Symbol
CUSIP89623910
Phone408-481-8000
Debt
Debt-to-Equity Ratio0.67
Current Ratio1.08
Quick Ratio0.79
Price-To-Earnings
Trailing P/E Ratio28.27
Forward P/E Ratio21.82
P/E Growth2.01
Sales & Book Value
Annual Sales$2.65 billion
Price / Sales3.43
Cash Flow$2.1356 per share
Price / Cash16.96
Book Value$10.55 per share
Price / Book3.43
Profitability
EPS (Most Recent Fiscal Year)$1.28
Net Income$121.10 million
Net Margins5.32%
Return on Equity16.21%
Return on Assets8.29%
Miscellaneous
Employees9,523
Outstanding Shares251,150,000
Market Cap$8.78 billion
OptionableOptionable
Trimble (NASDAQ:TRMB) Frequently Asked Questions
What is Trimble's stock symbol?
Trimble trades on the NASDAQ under the ticker symbol "TRMB."
How will Trimble's stock buyback program work?
Trimble announced that its Board of Directors has initiated a share buyback plan on Wednesday, November 15th 2017, which permits the company to repurchase $600,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.
How were Trimble's earnings last quarter?
Trimble Inc (NASDAQ:TRMB) posted its quarterly earnings data on Thursday, November, 1st. The scientific and technical instruments company reported $0.43 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.03. The scientific and technical instruments company earned $804.70 million during the quarter, compared to the consensus estimate of $806.12 million. Trimble had a net margin of 5.32% and a return on equity of 16.21%. The business's quarterly revenue was up 18.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.39 earnings per share. View Trimble's Earnings History.
When is Trimble's next earnings date?
What guidance has Trimble issued on next quarter's earnings?
Trimble issued an update on its fourth quarter earnings guidance on Thursday, November, 1st. 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 $0.46. The company issued revenue guidance of $791-821 million, compared to the consensus revenue estimate of $826.47 million.Trimble also updated its Q4 2018 guidance to $0.44-0.48 EPS.
What price target have analysts set for TRMB?
7 brokerages have issued twelve-month price targets for Trimble's shares. Their forecasts range from $38.00 to $50.00. On average, they anticipate Trimble's stock price to reach $44.75 in the next year. This suggests a possible upside of 23.6% from the stock's current price. View Analyst Price Targets for Trimble.
What is the consensus analysts' recommendation 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.
Has Trimble been receiving favorable news coverage?
News coverage about TRMB stock has trended very positive this week, according to InfoTrie. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Trimble earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave news headlines about the scientific and technical instruments company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the company's share price in the near future.
Who are some of Trimble's key competitors?
Some companies that are related to Trimble include Rockwell Automation (ROK), MEGGITT PLC/ADR (MEGGY), Cubic (CUB), MTS Systems (MTSC), FARO Technologies (FARO), Nanometrics (NANO), Oxford Instruments (OXINF), Geospace Technologies (GEOS), Image Sensing Systems (ISNS), Sierra Monitor (SRMC), Cemtrex (CETX), Mechanical Technology (MKTY), Abaxis (ABAX), Know Labs (KNWN) and Midwest Energy Emissions (MEEC).
Who are Trimble's key executives?
Trimble's management team includes the folowing people:
- Mr. Steven W. Berglund, Pres, CEO & Director (Age 66)
- Mr. Robert G. Painter, CFO & Sr. VP (Age 46)
- Mr. James A. Kirkland, Sr. VP, Gen. Counsel & Sec. (Age 58)
- Mr. Darryl R. Matthews, Sr. VP (Age 50)
- Mr. Sachin J. Sankpal, Sr. VP (Age 50)
Who are Trimble's major shareholders?
Trimble's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.31%), Capital Research Global Investors (5.55%), Capital International Investors (4.49%), Primecap Management Co. CA (3.77%), FMR LLC (3.58%) and Atlanta Capital Management Co. L L C (1.99%). 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.
Which institutional investors are selling Trimble stock?
TRMB stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Deutsche Bank AG, Renaissance Technologies LLC, Prudential Financial Inc., TIAA CREF Investment Management LLC, Mitsubishi UFJ Trust & Banking Corp, FIL Ltd and Morgan Stanley. 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.
Which institutional investors are buying Trimble stock?
TRMB stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Capital International Investors, Select Equity Group L.P., Capital World Investors, Janus Henderson Group PLC, BlackRock Inc., Neuberger Berman Group LLC and FMR LLC. View Insider Buying and Selling for Trimble.
How do I buy shares of 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.
What is Trimble's stock price today?
One share of TRMB stock can currently be purchased for approximately $36.22.
How big of a company is Trimble?
Trimble has a market capitalization of $8.78 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.
What is Trimble's official website?
How can I contact Trimble?
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]
MarketBeat Community Rating for Trimble (NASDAQ TRMB)
MarketBeat's community ratings are surveys of what our community members think about Trimble and other stocks. Vote "Outperform" if you believe TRMB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRMB will underperform the S&P 500 over the long term. You may vote once every thirty days.
