Trimble (NASDAQ:TRMB) Releases FY25 Earnings Guidance

Trimble (NASDAQ:TRMB) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $2.76 to $2.98 for the period, compared to the consensus estimate of $2.89. Trimble also updated its FY 2025 guidance to 2.760-2.980 EPS.

Trimble Stock Performance

Shares of TRMB traded up $0.39 during trading hours on Wednesday, hitting $75.53. The stock had a trading volume of 1,858,571 shares, compared to its average volume of 1,287,823. The firm has a market capitalization of $18.57 billion, a PE ratio of 12.63, a PEG ratio of 3.10 and a beta of 1.53. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.16 and a quick ratio of 1.07. Trimble has a 12 month low of $48.65 and a 12 month high of $77.78. The stock has a fifty day moving average price of $73.34 and a 200 day moving average price of $66.01.

Analysts Set New Price Targets

TRMB has been the topic of several recent research reports. StockNews.com upgraded shares of Trimble from a “hold” rating to a “buy” rating in a research note on Thursday, December 12th. Sanford C. Bernstein lifted their price target on shares of Trimble from $82.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Wolfe Research raised shares of Trimble from a “peer perform” rating to an “outperform” rating and set a $90.00 price objective for the company in a research report on Monday, December 16th. JPMorgan Chase & Co. raised Trimble from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $74.00 to $92.00 in a report on Wednesday, December 4th. Finally, Piper Sandler reissued an “overweight” rating and set a $84.00 price target on shares of Trimble in a report on Wednesday, December 11th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $84.86.

Insider Activity at Trimble

In other Trimble news, VP Jennifer Allison sold 3,571 shares of the firm’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $74.75, for a total transaction of $266,932.25. Following the sale, the vice president now directly owns 3,157 shares of the company’s stock, valued at $235,985.75. This trade represents a 53.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.47% of the stock is owned by corporate insiders.

About Trimble

Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades.