Trimble Inc. (NASDAQ:TRMB) went up by 1.79% from its latest closing price when compared to the 1-year high value of $46.25 and move down -3.01%, while TRMB stocks collected +0.79% of gains with the last five trading sessions. Press Release reported 17 hours ago that Trimble Announces Call for Speakers for its 2020 Dimensions User Conference
Trimble Inc. (NASDAQ:TRMB) Worth an Investment?
Trimble Inc. (NASDAQ: TRMB) scored price to earnings ratio above its average ratio, recording 33.58 times of increase in earnings at the present.
TRMB Market Performance
TRMB stocks went up by 0.79% for the week, with the monthly jump of 5.10% and a quarterly performance of 14.57%, while its annual performance rate touched 15.10%. The simple moving average for the period of the last 20 days is 2.52% for TRMB stocks with the simple moving average of 9.83% for the last 200 days.
Analysts’ Opinion on Trimble Inc. (NASDAQ:TRMB)
Many brokerage firms have already submitted their reports for TRMB stocks, with KeyBanc Capital Markets repeating the rating for TRMB shares by setting it to “Sector Weight”. The predicted price for TRMB socks in the upcoming period according to KeyBanc Capital Markets is $14 based on the research report published on January 9, 2020.
Craig Hallum, on the other hand, stated in their research note that they expect to see TRMB stock at the price of $35, previously predicting the value of $36. The rating they have provided for TRMB stocks is “Hold” according to the report published on August 1, 2019.
JP Morgan gave “ Neutral” rating to TRMB stocks, setting the target price at $46 in the report published on July 10, 2019.
TRMB Stocks 6.39% 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 -2.92% of loss for the given period.
The stock volatility was left at 2.20%, however, within the period of a single month, the volatility rate increased by 3.59%, while the shares surge at the distance of +5.28% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +11.15% upper at the present time.
In the course of the last 5 trading sessions, TRMB went up by +0.79%, which changed the moving average for the period of 200 days to the total of +10.00% of gains for the stock in comparison to the 20-day moving average settled at $43.91. In addition, Trimble Inc. saw 7.70% 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 Shepard Julie A, who sold 4,000 shares at the price of $42.00 back on Dec 20. After this action, Rushing now owns 13,373 shares of Trimble Inc., valued at $168,000 with the latest closing price.
SANKPAL SACHIN, the SVP & Sector Head of Trimble Inc., sold 7,457 shares at the value of $40.37 during a trade that took place back on Dec 06, which means that SANKPAL SACHIN is holding 35,984 shares at the value of $301,024 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 11.70%, with 5.50% 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.
The value for Enterprise to Sales is 3.83 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.