Trimble Stock Price, News & Analysis (NASDAQ:TRMB)

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

Trimble declared that its board has authorized a share buyback program on Wednesday, November 15th 2017, which authorizes the company to buyback $600,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Trimble Inc (NASDAQ:TRMB) issued its quarterly earnings data on Wednesday, July, 31st. The scientific and technical instruments company reported $0.48 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.48. The scientific and technical instruments company had revenue of $855.80 million for the quarter, compared to the consensus estimate of $864.69 million. Trimble had a return on equity of 15.96% and a net margin of 9.80%. Trimble's revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.50 earnings per share. View Trimble's Earnings History.

Trimble is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Trimble.

Trimble issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $1.91-1.99 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.08. The company issued revenue guidance of $3.255-3.315 billion, compared to the consensus revenue estimate of $3.38 billion.

3 brokerages have issued twelve-month price targets for Trimble's stock. Their forecasts range from $35.00 to $47.00. On average, they expect Trimble's share price to reach $42.6667 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Trimble.

Headlines about TRMB stock have been trending somewhat negative on Sunday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Trimble earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Trimble.

Trimble saw a drop in short interest during the month of August. As of August 15th, there was short interest totalling 3,962,100 shares, a drop of 15.3% from the July 15th total of 4,679,700 shares. Based on an average daily volume of 1,120,000 shares, the short-interest ratio is currently 3.5 days. Currently, 1.6% of the company's stock are short sold. View Trimble's Current Options Chain.

Some companies that are related to Trimble include Rockwell Automation (ROK), MEGGITT PLC/ADR (MEGGY), Cubic (CUB), MTS Systems (MTSC), Oxford Instruments (OXINF), FARO Technologies (FARO), Nanometrics (NANO), Geospace Technologies (GEOS), Sierra Monitor (SRMC), Midwest Energy Emissions (MEEC), Know Labs (KNWN), Image Sensing Systems (ISNS), Mechanical Technology (MKTY), Mikros Systems (MKRS) and Cemtrex (CETX).

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

Trimble's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.41%), BlackRock Inc. (10.41%), Vanguard Group Inc. (9.25%), Parnassus Investments CA (3.96%), Primecap Management Co. CA (3.72%) and Impax Asset Management Group plc (2.34%). Company insiders that own Trimble stock include Bryn Fosburgh, Darryl R Matthews, James A Kirkland, James Veneziano, 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 DF Dent & Co. Inc., Pictet Asset Management Ltd., Polar Asset Management Partners Inc., Polar Asset Management Partners Inc., D. E. Shaw & Co. Inc., AXA, Candriam Luxembourg S.C.A. and Impax Asset Management Group plc. 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 Parnassus Investments CA, Nuveen Asset Management LLC, DekaBank Deutsche Girozentrale, Victory Capital Management Inc., Vanguard Group Inc., BlackRock Inc., BlackRock Inc. and BNP PARIBAS ASSET MANAGEMENT Holding S.A.. 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 $38.56.

Trimble has a market capitalization of $9.71 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]