Trimble Inc. (NASDAQ:TRMB)went up by 1.20% from its latest closing price when compared to the 1-year high value of $46.25 and move down -22.03%, while TRMB stocks collected -0.52% of loss with the last five trading sessions. Press Release reported on 10/09/19 that British Heart Foundation Selects Trimble’s Manhattan Software for Retail Real Estate Portfolio Management
Trimble Inc. (NASDAQ:TRMB) Worth an Investment?
Trimble Inc. (NASDAQ: TRMB) scored price to earnings ratio above its average ratio, recording 28.45 times of increase in earnings at the present.
TRMB Market Performance
TRMB stocks went down by -0.52% for the week, with the monthly drop of -2.52% and a quarterly performance of -14.83%, while its annual performance rate touched -2.92%. The simple moving average for the period of the last 20 days is -1.21% for TRMB stocks with the simple moving average of -4.51% for the last 200 days.
Analysts’ Opinion on Trimble Inc. (NASDAQ:TRMB)
Many brokerage firms have already submitted their reports for TRMB stocks, with Craig Hallum repeating the rating for TRMB shares by setting it to “Hold”. The predicted price for TRMB socks in the upcoming period according to Craig Hallum is $35 based on the research report published on August 1, 2019.
JP Morgan, on the other hand, stated in their research note that they expect to see TRMB stock at the price of $46. The rating they have provided for TRMB stocks is “Neutral” according to the report published on July 10, 2019.
JP Morgan gave “ Overweight” rating to TRMB stocks, setting the target price at $46 in the report published on January 10, 2019.
TRMB Stocks 0.02% Far from 50 Day Moving Average
After a stumble in the market that brought TRMB to its low price for the period of the last 52 weeks, Trimble Inc. was unable to take a rebound, for now settling with -18.05% of loss for the given period.
The stock volatility was left at 2.38%, however, within the period of a single month, the volatility rate increased by 2.27%, while the shares sank at the distance of -5.32% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -0.60% lower at the present time.
In the course of the last 5 trading sessions, TRMB went down by -0.52%, which changed the moving average for the period of 200 days to the total of +20.39% of gains for the stock in comparison to the 20-day moving average settled at $38.25. In addition, Trimble Inc. saw 15.16% in overturn over the period of a single year with a tendency to cut further gains.
TRMB Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Trimble Inc. (TRMB), starting from Bisio Ronald, who sold 4,265 shares at the price of $38.14 back on Sep 06. After this action, Rushing now owns 8,953 shares of Trimble Inc., valued at $162,666 with the latest closing price.
KIRKLAND JAMES A, the Senior Vice President of Trimble Inc., sold 2,700 shares at the value of $38.01 during a trade that took place back on Sep 06, which means that KIRKLAND JAMES A is holding 51,336 shares at the value of $102,617 based on the most recent closing price.
TRMB Stock Fundamentals
The current profitability levels are settled at +11.83 for the present operating margin and +50.86 for gross margin. The net margin for Trimble Inc. stands at +9.10. Total capital return value is set at 9.28, while invested capital returns managed to touch 7.50. Equity return holds the value 11.60%, with 5.40% for asset returns.
Based on Trimble Inc. (TRMB), the company’s capital structure generated 73.61 points for debt to equity in total, while total debt to capital is set at the value of 42.40. Total debt to assets is settled at the value of 34.08 with long-term debt to equity ratio rests at 5.02 and long-term debt to capital is 64.03.
EBITDA value lies at +171.50 M with total debt to EBITDA carrying the value of 3.25. The value for Enterprise to Sales is 3.52 with debt to enterprise value settled at 0.20. The receivables turnover for Trimble Inc. is 6.20 with the total asset turnover at the value of 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.