Trimble Inc (NASDAQ: TRMB) has a higher price-to-earnings ratio of 12.31x compared to its average ratio, The 36-month beta value for TRMB is at 1.53. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 5 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for TRMB is 243.33M, and currently, shorts hold a 1.03% of that float. The average trading volume for TRMB on January 16, 2025 was 1.23M shares.
TRMB) stock’s latest price update
Trimble Inc (NASDAQ: TRMB)’s stock price has plunge by 1.25relation to previous closing price of 72.72. Nevertheless, the company has seen a 1.50% surge in its stock price over the last five trading sessions. fool.com reported 2025-01-09 that On the heels of an incredible rally, stocks are off to a strong start in 2025. After surging 23.3% across 2024’s trading, the S&P 500 index rose roughly 1.2% early in this year’s trading before flattening as of Tuesday’s market close.
TRMB’s Market Performance
Trimble Inc (TRMB) has seen a 1.50% rise in stock performance for the week, with a 0.06% gain in the past month and a 19.30% surge in the past quarter. The volatility ratio for the week is 2.49%, and the volatility levels for the past 30 days are at 2.25% for TRMB. The simple moving average for the past 20 days is 3.13% for TRMB’s stock, with a 20.57% simple moving average for the past 200 days.
Analysts’ Opinion of TRMB
Many brokerage firms have already submitted their reports for TRMB stocks, with Wolfe Research repeating the rating for TRMB by listing it as a “Outperform.” The predicted price for TRMB in the upcoming period, according to Wolfe Research is $90 based on the research report published on December 16, 2024 of the previous year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see TRMB reach a price target of $92, previously predicting the price at $74. The rating they have provided for TRMB stocks is “Overweight” according to the report published on December 04th, 2024.
Piper Sandler gave a rating of “Overweight” to TRMB, setting the target price at $68 in the report published on February 13th of the previous year.
TRMB Trading at 2.52% from the 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, the company was unable to rebound, for now settling with -4.34% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 2.49%, as shares sank -0.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.45% upper at present.
During the last 5 trading sessions, TRMB rose by +1.64%, which changed the moving average for the period of 200-days by +16.72% in comparison to the 20-day moving average, which settled at $71.40. In addition, Trimble Inc saw 4.21% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TRMB starting from Large Peter, who sale 1,447 shares at the price of $59.10 back on Apr 16 ’24. After this action, Large Peter now owns 8,220 shares of Trimble Inc, valued at $85,518 using the latest closing price.
SCHWARTZ MARK DAVID, the Senior VP, CES of Trimble Inc, sale 2,322 shares at $59.10 during a trade that took place back on Apr 16 ’24, which means that SCHWARTZ MARK DAVID is holding 10,265 shares at $137,230 based on the most recent closing price.
Stock Fundamentals for TRMB
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.62 for the gross margin
The net margin for Trimble Inc stands at 0.41. The total capital return value is set at 0.05. Equity return is now at value 28.91, with 15.39 for asset returns.
Based on Trimble Inc (TRMB), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 2.88.
Currently, EBITDA for the company is 768.6 million with net debt to EBITDA at 1.19. When we switch over and look at the enterprise to sales, we see a ratio of 5.17. The receivables turnover for the company is 6.91for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.
Conclusion
In conclusion, Trimble Inc (TRMB) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
