Trimble (NASDAQ:TRMB) Issues Earnings Results

Trimble (NASDAQ:TRMB) released its quarterly earnings results on Wednesday. The scientific and technical instruments company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.15), Zacks reports. Trimble had a return on equity of 10.18% and a net margin of 40.67%. Trimble updated its Q1 2025 guidance to 0.550-0.610 EPS and its FY 2025 guidance to 2.760-2.980 EPS.

Trimble Stock Up 1.1 %

Shares of NASDAQ TRMB opened at $75.14 on Wednesday. Trimble has a 1 year low of $48.65 and a 1 year high of $77.78. The company has a market capitalization of $18.47 billion, a price-to-earnings ratio of 12.57, a price-to-earnings-growth ratio of 3.10 and a beta of 1.53. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.16 and a quick ratio of 1.07. The business has a 50-day moving average of $73.34 and a two-hundred day moving average of $66.01.

Insider Transactions at Trimble

In related news, VP Jennifer Allison sold 3,571 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $74.75, for a total value of $266,932.25. Following the completion of the transaction, the vice president now directly owns 3,157 shares of the company’s stock, valued at $235,985.75. This represents a 53.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on TRMB shares. StockNews.com raised Trimble from a “hold” rating to a “buy” rating in a research report on Thursday, December 12th. JPMorgan Chase & Co. upgraded shares of Trimble from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $74.00 to $92.00 in a report on Wednesday, December 4th. Robert W. Baird increased their target price on shares of Trimble from $82.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Oppenheimer boosted their price target on shares of Trimble from $77.00 to $88.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $84.00 price objective on shares of Trimble in a research note on Wednesday, December 11th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, Trimble currently has a consensus rating of “Buy” and an average price target of $84.86.

Trimble Company Profile

Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades.