Trimble Stock Target Price and Analyst Consensus

TRMB Stock  USD 64.36  1.06  1.67%   
The current analyst and expert consensus on Trimble is Strong Buy with 4 hold recommendations. The current projected Trimble target price consensus is 61.86 with 12 analyst opinions. One of the most common ways Trimble analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Trimble vendors, executives, and/or customers. Trimble recommendation module provides expert sentiment on the projected Trimble target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Trimble to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.
Lowest Forecast
56.29
Highest Forecast
68.66
Target Price
61.86
The current year's Gross Profit is expected to grow to about 2.3 B. The current year's Pretax Profit Margin is expected to grow to 0.16. At present, Trimble's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 3.4 B, whereas Cash is forecasted to decline to about 124.9 M.
  
It's important to approach Trimble's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Trimble Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Trimble target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Trimble's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   12  Strong Buy
Most Trimble analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Trimble stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Trimble, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Trimble Target Price Projection

Trimble's current and average target prices are 64.36 and 61.86, respectively. The current price of Trimble is the price at which Trimble is currently trading. On the other hand, Trimble's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Trimble Market Quote on 28th of March 2024

Low Price62.63Odds
High Price64.63Odds

64.36

Target Price

Analyst Consensus On Trimble Target Price

Low Estimate56.29Odds
High Estimate68.66Odds

61.86

Historical Lowest Forecast  56.29 Target Price  61.86 Highest Forecast  68.66
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Trimble and the information provided on this page.

Trimble Analyst Ratings

Trimble's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Trimble stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Trimble's financials, market performance, and future outlook by experienced professionals. Trimble's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Trimble price targets

Trimble's stock target price is an estimate of its future price, usually made by analysts. Using Trimble's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Trimble's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Trimble's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Trimble Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Trimble is a key component of Trimble valuation and have some predictive power on the future returns of a Trimble.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trimble's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
61.9063.4565.00
Details
Intrinsic
Valuation
LowRealHigh
61.5863.1364.68
Details
Naive
Forecast
LowNextHigh
63.2064.7666.31
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.580.600.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Trimble. Your research has to be compared to or analyzed against Trimble's peers to derive any actionable benefits. When done correctly, Trimble's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Trimble.

Trending Themes

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When determining whether Trimble offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trimble's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trimble Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trimble Stock:
Check out Macroaxis Advice on Trimble to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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The data published in Trimble's official financial statements usually reflect Trimble's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Trimble. For example, before you start analyzing numbers published by Trimble accountants, it's critical to develop an understanding of what Trimble's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Trimble's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trimble's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Trimble's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Trimble. Please utilize our Beneish M Score to check the likelihood of Trimble's management manipulating its earnings.