NASDAQ:TRMBTrimble Stock Price, Forecast & News

Trimble's stock was trading at $33.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TRMB stock has increased by 25.2% and is now trading at $41.60. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trimble in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Trimble.

Trimble is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Trimble.

Trimble Inc (NASDAQ:TRMB) released its earnings results on Wednesday, May, 6th. The scientific and technical instruments company reported $0.49 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.08. The scientific and technical instruments company had revenue of $794 million for the quarter, compared to analyst estimates of $773.19 million. Trimble had a return on equity of 15.44% and a net margin of 15.79%. Trimble's quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.45 EPS. View Trimble's earnings history.

10 Wall Street analysts have issued 1 year price objectives for Trimble's shares. Their forecasts range from $30.00 to $46.00. On average, they expect Trimble's share price to reach $38.71 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View analysts' price targets for Trimble.

News articles about TRMB stock have trended negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative media 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 negative five to positive five, with scores nearest to five being the most favorable. Trimble earned a news sentiment score of -2.6 on InfoTrie's scale. They also gave press coverage about the scientific and technical instruments company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutTrimble.

Trimble saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 6,180,000 shares, an increase of 10.0% from the April 30th total of 5,620,000 shares. Based on an average trading volume of 1,870,000 shares, the short-interest ratio is currently 3.3 days. Currently, 2.5% of the company's stock are sold short. View Trimble's Current Options Chain.

Some companies that are related to Trimble include IPG Photonics (IPGP), Mercury Systems (MRCY), Jabil (JBL), Fabrinet (FN), Plexus (PLXS), Sanmina (SANM), KEMET (KEM), TTM Technologies (TTMI), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Trimble investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Pfizer (PFE), Intel (INTC), QUALCOMM (QCOM), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Bristol-Myers Squibb (BMY) and Schlumberger (SLB).

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

Trimble's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.11%), Capital International Investors (7.86%), Impax Asset Management Group plc (3.61%), State Street Corp (3.35%), Primecap Management Co. CA (3.17%) and Atlanta Capital Management Co. L L C (2.00%). 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, 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 Parnassus Investments CA, Johanson Financial Advisors Inc., Franklin Resources Inc., Janus Henderson Group PLC, Royal London Asset Management Ltd., APG Asset Management N.V., Pictet Asset Management Ltd., and Primecap Management Co. CA. Company insiders that have sold Trimble company stock in the last year include Darryl R Matthews, James A Kirkland, Julie A Shepard, Merit E Janow, Michael Bank, Robert G Painter, Ronald Bisio, Ronald S Nersesian, Sachin Sankpal, Steven W Berglund, and Thomas Fansler. View insider buying and selling activity for Trimble.

TRMB stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, Sumitomo Mitsui Trust Holdings Inc., Impax Asset Management Group plc, Atlanta Capital Management Co. L L C, New York State Common Retirement Fund, Invesco Ltd., Robecosam AG, and Victory Capital Management Inc.. View insider buying and selling activity 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 $41.60.

Trimble has a market capitalization of $10.39 billion and generates $3.26 billion in revenue each year. The scientific and technical instruments company earns $514.30 million in net income (profit) each year or $1.76 on an earnings per share basis. Trimble employs 11,484 workers across the globe.

The official website for Trimble is 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]