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 Ratio28.06
Forward P/E Ratio21.77
P/E Growth2.11
Sales & Book Value
Annual Sales$2.65 billion
Price / Sales3.40
Cash Flow$2.0620 per share
Price / Cash17.42
Book Value$10.55 per share
Price / Book3.40
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$9.02 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 has initiated a share buyback program on Wednesday, November 15th 2017, which allows the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.
How were Trimble's earnings last quarter?
Trimble Inc (NASDAQ:TRMB) released its earnings results on Thursday, November, 1st. The scientific and technical instruments company reported $0.43 EPS for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.03. The scientific and technical instruments company had revenue of $804.70 million for the quarter, compared to analysts' expectations of $806.12 million. Trimble had a return on equity of 16.21% and a net margin of 5.32%. Trimble's revenue for the quarter was up 18.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 EPS. 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 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 brokers have issued 1-year target prices 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 twelve months. This suggests a possible upside of 24.6% 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?
Media coverage about TRMB stock has been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. 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 coverage optimism score of 1.8 on InfoTrie's scale. They also gave media headlines about the scientific and technical instruments company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact 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), Know Labs (KNWN), Image Sensing Systems (ISNS), Sierra Monitor (SRMC), Midwest Energy Emissions (MEEC), Cemtrex (CETX), Mikros Systems (MKRS) and Mechanical Technology (MKTY).
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%), Primecap Management Co. CA (3.77%), FMR LLC (3.58%), Atlanta Capital Management Co. L L C (1.99%), King Luther Capital Management Corp (1.77%) and Pictet Asset Management Ltd. (1.59%). 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 Renaissance Technologies LLC, Prudential Financial Inc., Mitsubishi UFJ Trust & Banking Corp, FIL Ltd, Los Angeles Capital Management & Equity Research Inc., Credit Suisse AG, Pinnacle Associates Ltd. and Primecap Management Co. CA. Company insiders that have sold Trimble company stock in the last year include Bryn Fosburgh, Darryl R Matthews, James A Kirkland, James Veneziano, 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 acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Janus Henderson Group PLC, BlackRock Inc., FMR LLC, Pictet Asset Management Ltd., Franklin Resources Inc., King Luther Capital Management Corp and Candriam Luxembourg S.C.A.. 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 $35.92.
How big of a company is Trimble?
Trimble has a market capitalization of $9.02 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.
