NASDAQ:TRMB - Trimble Stock Price, Forecast & News

Trimble's stock was trading at $33.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TRMB stock has decreased by 10.2% and is now trading at $29.85. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trimble in the last year. There are currently 4 hold ratings and 5 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, May 6th 2020. View our earnings forecast for Trimble.

Trimble Inc (NASDAQ:TRMB) released its quarterly earnings results on Wednesday, February, 12th. The scientific and technical instruments company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.06. The scientific and technical instruments company earned $826.70 million during the quarter, compared to analysts' expectations of $784.13 million. Trimble had a net margin of 15.76% and a return on equity of 15.47%. The business's revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company earned $0.48 EPS. View Trimble's earnings history.

Trimble issued an update on its first quarter earnings guidance on Wednesday, February, 12th. The company provided earnings per share (EPS) guidance of $0.40-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.48. The company issued revenue guidance of $780-810 million, compared to the consensus revenue estimate of $800.51 million.

9 analysts have issued 12-month price objectives for Trimble's stock. Their forecasts range from $28.00 to $50.00. On average, they anticipate Trimble's stock price to reach $38.17 in the next year. This suggests a possible upside of 27.9% from the stock's current price. View analysts' price targets for Trimble.

News stories about TRMB stock have trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Trimble earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned media headlines 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 the latest news aboutTrimble.

Trimble saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 3,625,000 shares, an increase of 6.3% from the February 27th total of 3,410,000 shares. Based on an average daily volume of 2,271,500 shares, the short-interest ratio is currently 1.6 days. Approximately 1.5% of the shares of the stock are short sold. View Trimble's Current Options Chain.

Some companies that are related to Trimble include IPG Photonics (IPGP), Mercury Systems (MRCY), Jabil (JBL), Fabrinet (FN), Sanmina (SANM), Plexus (PLXS), KEMET (KEM), TTM Technologies (TTMI), Methode Electronics (MEI), CTS (CTS), Benchmark Electronics (BHE), 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), NVIDIA (NVDA), AbbVie (ABBV), Walt Disney (DIS), Johnson & Johnson (JNJ), 3M (MMM), Pfizer (PFE) and Cisco Systems (CSCO).

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

Trimble's stock is owned by a variety of retail and institutional investors. Top institutional investors include Capital International Investors (6.43%), Parnassus Investments CA (4.56%), State Street Corp (3.36%), Pictet Asset Management Ltd. (1.79%), FMR LLC (1.78%) and Johanson Financial Advisors Inc. (1.76%). 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 FMR LLC, ArrowMark Colorado Holdings LLC, DekaBank Deutsche Girozentrale, First Trust Advisors LP, AXA, Bank of America Corp DE, State Street Corp, and Goldman Sachs Group Inc.. Company insiders that have sold Trimble company stock in the last year include Darryl R Matthews, James A Kirkland, Julie A Shepard, Kaigham Gabriel, Mark S Peek, 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 acquired by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Norges Bank, CIBC Private Wealth Group LLC, Parnassus Investments CA, Artisan Partners Limited Partnership, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Capital International Investors, and Janus Henderson Group PLC. 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 $29.85.

Trimble has a market capitalization of $7.47 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. 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]