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
Industry Measuring & controlling devices, not elsewhere classified
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
SymbolNASDAQ:TRMB
CUSIP89623910
Phone408-481-8000
Debt
Debt-to-Equity Ratio0.28
Current Ratio0.98
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio26.22
Forward P/E Ratio21.79
P/E Growth2.42
Sales & Book Value
Annual Sales$2.65 billion
Price / Sales3.15
Cash Flow$1.9523 per share
Price / Cash17.19
Book Value$9.51 per share
Price / Book3.53
Profitability
EPS (Most Recent Fiscal Year)$1.28
Net Income$121.10 million
Net Margins4.64%
Return on Equity14.28%
Return on Assets8.26%
Miscellaneous
Employees9,523
Outstanding Shares249,220,000
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 stock buyback plan on Wednesday, November 15th 2017, which allows the company to repurchase $600,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.
How were Trimble's earnings last quarter?
Trimble Inc (NASDAQ:TRMB) posted its earnings results on Monday, May, 7th. The scientific and technical instruments company reported $0.44 EPS for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.04. The scientific and technical instruments company earned $742.20 million during the quarter, compared to analysts' expectations of $730.66 million. Trimble had a return on equity of 14.28% and a net margin of 4.64%. Trimble's revenue was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 EPS. View Trimble's Earnings History.
When is Trimble's next earnings date?
What price target have analysts set for TRMB?
11 equities research analysts have issued 1 year price targets for Trimble's shares. Their forecasts range from $37.00 to $50.00. On average, they anticipate Trimble's stock price to reach $42.6667 in the next year. View Analyst Ratings for Trimble.
Who are some of Trimble's key competitors?
Some companies that are related to Trimble include Rockwell Automation (ROK), Abaxis (ABAX), Cubic (CUB), MTS Systems (MTSC), Nanometrics (NANO), Faro Technologies (FARO), Oxford Instruments (OXINF), Geospace Technologies (GEOS), Cemtrex (CETX), Image Sensing Systems (ISNS), Midwest Energy Emissions (MEEC), Mikros Systems (MKRS), Sierra Monitor (SRMC), Mechanical Technology (MKTY) and Visualant (VSUL).
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)
Has Trimble been receiving favorable news coverage?
News headlines about TRMB stock have been trending somewhat negative recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Trimble earned a coverage optimism score of -0.06 on Accern's scale. They also gave news stories about the scientific and technical instruments company an impact score of 46.77 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Trimble's major shareholders?
Trimble's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.52%), Atlanta Capital Management Co. L L C (2.02%), King Luther Capital Management Corp (1.53%), Global X Management Co. LLC (1.10%), Northern Trust Corp (0.96%) and Pinnacle Associates Ltd. (0.78%). 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 major investors are selling Trimble stock?
TRMB stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Russell Investments Group Ltd., Select Equity Group L.P., OppenheimerFunds Inc., State of Wisconsin Investment Board, Swiss National Bank, Pinnacle Associates Ltd. and Columbus Circle Investors. 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.
Which major investors are buying Trimble stock?
TRMB stock was bought by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, FIL Ltd, Rockefeller Capital Management L.P., Polar Asset Management Partners Inc., BlackRock Inc. and Kornitzer Capital Management Inc. KS. 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 $33.56.
How big of a company is Trimble?
Trimble has a market capitalization of $8.83 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.
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 (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.
