NASDAQ:TRMB - Trimble Stock Price, Forecast & News

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

Trimble Inc (NASDAQ:TRMB) released its quarterly earnings results on Wednesday, October, 30th. The scientific and technical instruments company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.41 by $0.07. The scientific and technical instruments company had revenue of $874.30 million for the quarter, compared to analyst estimates of $807.49 million. Trimble had a return on equity of 15.63% and a net margin of 9.97%. Trimble's revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the company posted $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 EPS 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 1 year target prices for Trimble's stock. Their forecasts range from $35.00 to $46.00. On average, they expect Trimble's share price to reach $40.50 in the next year. 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.

Media headlines about TRMB stock have been trending very negative this week, InfoTrie reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Trimble earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. 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 trading volume, of 1,040,000 shares, the short-interest ratio is currently 3.2 days. Approximately 1.4% of the shares of the stock are sold short. 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 retail and institutional investors. Top institutional shareholders 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 purchased 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]