A share price of Trimble Inc [TRMB] is currently trading at $73.90, up 1.62%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TRMB shares have gain 1.87% over the last week, with a monthly amount glided 0.42%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Trimble Inc [NASDAQ: TRMB] stock has seen the most recent analyst activity on December 16, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $90 for it. Previously, JP Morgan upgraded its rating to Overweight on December 04, 2024, and elevated its price target to $92. On February 13, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $68 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $65 on September 29, 2023. Edward Jones upgraded its rating to a Buy. Northcoast downgraded its rating to Sell for this stock on March 07, 2023, but kept the price target unchanged to $40. In a note dated December 13, 2022, Raymond James downgraded an Mkt Perform rating on this stock.
Trimble Inc experienced fluctuations in its stock price throughout the past year between $48.60 and $76.97. Currently, Wall Street analysts expect the stock to reach $86 within the next 12 months. Trimble Inc [NASDAQ: TRMB] shares were valued at $73.90 at the most recent close of the market. An investor can expect a potential return of 16.37% based on the average TRMB price forecast.
Analyzing the TRMB fundamentals
Trailing Twelve Months sales for Trimble Inc [NASDAQ:TRMB] were 3.63B which represents -8.51% decline. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.54%, and Net Profit Margin reading is 0.41%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.29 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 73.04 points at the first support level, and at 72.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.45, and for the 2nd resistance point, it is at 74.99.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Trimble Inc [NASDAQ:TRMB] is 1.16. In addition, the Quick Ratio stands at 1.07 and the Cash Ratio stands at 0.52. Considering the valuation of this stock, the price to sales ratio is 4.97, the price to book ratio is 4.15 and price to earnings (TTM) ratio is 12.35.
Transactions by insiders
Recent insider trading involved Large Peter, Senior Vice President, that happened on Apr 16 ’24 when 1447.0 shares were sold. Senior VP, CES, SCHWARTZ MARK DAVID completed a deal on Apr 16 ’24 to sell 2322.0 shares. Meanwhile, Senior VP, CES SCHWARTZ MARK DAVID sold 235.0 shares on Apr 15 ’24.
