Trimble Stock Today
| TRMB Stock | USD 58.49 0.43 0.73% |
Performance13 of 100
| Odds Of DistressLess than 9
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Trimble is trading at 58.49 as of the 18th of April 2024, a -0.73 percent decrease since the beginning of the trading day. The stock's open price was 58.92. Trimble has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Trimble are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 20th of July 1990 | Category Technology | Classification Information Technology |
Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. Trimble Inc. was founded in 1978 and is headquartered in Westminster, Colorado. Trimble Navigation operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. The company has 245.69 M outstanding shares of which 2.9 M shares are at this time shorted by private and institutional investors with about 2.0 trading days to cover. More on Trimble
Moving together with Trimble Stock
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Moving against Trimble Stock
| 0.89 | FCUV | Focus Universal | PairCorr |
| 0.6 | LUNA | Luna Innovations rporated Financial Report 14th of May 2024 | PairCorr |
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| 0.42 | MIND | Mind Technology | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Trimble Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Trimble's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Trimble or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Trimble's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Trimble's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| President CEO | Robert Painter | ||||
| Thematic Idea | Technology (View all Themes) | ||||
| Business Concentration | Electronic Equipment, Instruments & Components, Scientific & Technical Instruments, Information Technology, SP 500 Index, NASDAQ Composite, NASDAQ Composite Total, Technology, Information Technology, Electronic Equipment, Instruments & Components, Scientific & Technical Instruments, Technology (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Trimble report their recommendations after researching Trimble's financial statements, talking to executives and customers, or listening in on Trimble's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Trimble. The Trimble consensus assessment is calculated by taking the average forecast from all of the analysts covering Trimble. | |||||
Trimble's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Trimble's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Trimble's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Trimble's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Trimble's financial leverage. It provides some insight into what part of Trimble's total assets is financed by creditors.
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Trimble (TRMB) is traded on NASDAQ Exchange in USA. It is located in 10368 Westmoor Drive, Westminster, CO, United States, 80021 and employs 12,700 people. Trimble is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 14.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trimble's market, we take the total number of its shares issued and multiply it by Trimble's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Trimble conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 245.69 M outstanding shares of which 2.9 M shares are at this time shorted by private and institutional investors with about 2.0 trading days to cover.
Trimble currently holds about 308.7 M in cash with 597.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25.
Check Trimble Probability Of Bankruptcy
Ownership AllocationTrimble maintains a total of 245.69 Million outstanding shares. The majority of Trimble outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Trimble to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Trimble. Please pay attention to any change in the institutional holdings of Trimble as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Trimble Ownership Details
Trimble Stock Price Odds Analysis
What are Trimble's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Trimble jumping above the current price in 90 days from now is about 50.23%. The Trimble probability density function shows the probability of Trimble stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5993. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Trimble will likely underperform. Additionally, trimble has an alpha of 0.1291, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Trimble to move above the current price in 90 days from now is about 50.23 (This Trimble probability density function shows the probability of Trimble Stock to fall within a particular range of prices over 90 days) .
Trimble Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Trimble that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Trimble's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Trimble's value.| Instituion | Recorded On | Shares | |
| Impax Asset Management Group Plc | 2023-12-31 | 4.4 M | |
| Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2023-12-31 | 4.1 M | |
| Amvescap Plc. | 2023-12-31 | 4.1 M | |
| Ameriprise Financial Inc | 2023-12-31 | 4 M | |
| Ubs Asset Mgmt Americas Inc | 2023-12-31 | 3.8 M | |
| Jana Partners Management Lp | 2023-12-31 | 3.8 M | |
| Fidelity International Ltd | 2023-12-31 | 3.6 M | |
| Contour Asset Management Llc | 2023-12-31 | 3.5 M | |
| Amundi | 2023-12-31 | 2.9 M | |
| Vanguard Group Inc | 2023-12-31 | 29.2 M | |
| Blackrock Inc | 2023-12-31 | 19.4 M |
Trimble Historical Income Statement
Trimble Income Statement is one of the three primary financial statements used for reporting Trimble's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Trimble revenue and expense. Trimble Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Trimble's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 4 B, whereas Total Other Income Expense Net is projected to grow to (130.5 M). View More FundamentalsTrimble Stock Against Markets
Picking the right benchmark for Trimble stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Trimble stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Trimble is critical whether you are bullish or bearish towards Trimble at a given time. Please also check how Trimble's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Trimble without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Trimble Corporate Directors
Trimble corporate directors refer to members of a Trimble board of directors. The board of directors generally takes responsibility for the Trimble's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Trimble's board members must vote for the resolution. The Trimble board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Johan Wibergh | Director | Profile | |
| Ronald Nersesian | Independent Director | Profile | |
| Sandra Macquillan | Director | Profile | |
| Meaghan Lloyd | Director | Profile |
How to buy Trimble Stock?
Before investing in Trimble, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Trimble. To buy Trimble stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Trimble. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Trimble stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Trimble stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Trimble stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Trimble, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Trimble Stock please use our How to Invest in Trimble guide.
Already Invested in Trimble?
The danger of trading Trimble is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Trimble is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Trimble. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Trimble is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Trimble. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Trimble Stock analysis
When running Trimble's price analysis, check to measure Trimble's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trimble is operating at the current time. Most of Trimble's value examination focuses on studying past and present price action to predict the probability of Trimble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trimble's price. Additionally, you may evaluate how the addition of Trimble to your portfolios can decrease your overall portfolio volatility.
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Is Trimble's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trimble. If investors know Trimble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trimble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Earnings Share 1.25 | Revenue Per Share 15.324 | Quarterly Revenue Growth 0.089 | Return On Assets 0.0421 |
The market value of Trimble is measured differently than its book value, which is the value of Trimble that is recorded on the company's balance sheet. Investors also form their own opinion of Trimble's value that differs from its market value or its book value, called intrinsic value, which is Trimble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trimble's market value can be influenced by many factors that don't directly affect Trimble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trimble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trimble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trimble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.