NASDAQ:TRMB - Trimble Stock Price, Price Target & More

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

Trimble announced that its board has initiated a share repurchase program on Wednesday, November 15th 2017, which authorizes the company to repurchase $600,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

Trimble Inc (NASDAQ:TRMB) released its earnings results on Monday, May, 7th. The scientific and technical instruments company reported $0.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.04. The scientific and technical instruments company had revenue of $742.20 million for the quarter, compared to analyst estimates of $730.66 million. Trimble had a return on equity of 14.28% and a net margin of 4.64%. The business's revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.33 EPS. View Trimble's Earnings History.

Trimble is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Trimble.

11 brokers have issued 12 month price targets for Trimble's stock. Their forecasts range from $37.00 to $50.00. On average, they expect Trimble's stock price to reach $42.6667 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Ratings for Trimble.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trimble in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

News coverage about TRMB stock has been trending somewhat positive on Sunday, according to Accern Sentiment. The research group identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Trimble earned a news impact score of 0.19 on Accern's scale. They also assigned news coverage about the scientific and technical instruments company an impact score of 45.16 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Trimble's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include American Capital Management Inc. (0.35%), Nikko Asset Management Americas Inc. (0.16%), Retirement Systems of Alabama (0.13%), Investment House LLC (0.09%), Fred Alger Management Inc. (0.07%) and Louisiana State Employees Retirement System (0.03%). 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.

TRMB stock was sold by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, Bank of Montreal Can, Municipal Employees Retirement System of Michigan, Fred Alger Management Inc., Campbell & CO Investment Adviser LLC, Amalgamated Bank, Oakbrook Investments LLC and World Asset Management Inc. 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.

TRMB stock was acquired by a variety of institutional investors in the last quarter, including Nikko Asset Management Americas Inc., American Capital Management Inc., Cornerstone Wealth Management LLC, Hartford Investment Management Co., Winslow Evans & Crocker Inc., IFM Investors Pty Ltd, State of Alaska Department of Revenue and Whittier Trust Co.. 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, Scottrade, Fidelity and Charles Schwab.

One share of TRMB stock can currently be purchased for approximately $34.85.

Trimble has a market capitalization of $8.69 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.

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]