Trimble Inc. (TRMB)

NASDAQ: TRMB · IEX Real-Time Price · USD
56.22
+0.53 (0.95%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.95%
Market Cap 13.73B
Revenue (ttm) 3.80B
Net Income (ttm) 311.30M
Shares Out 244.21M
EPS (ttm) 1.25
PE Ratio 44.98
Forward PE 20.38
Dividend n/a
Ex-Dividend Date n/a
Volume 889,529
Open 55.86
Previous Close 55.69
Day's Range 55.54 - 56.90
52-Week Range 39.57 - 65.55
Beta 1.52
Analysts Buy
Price Target 67.43 (+19.94%)
Earnings Date Aug 1, 2024

About TRMB

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... [Read more]

Sector Technology
IPO Date Jul 20, 1990
Employees 12,700
Stock Exchange NASDAQ
Ticker Symbol TRMB
Full Company Profile

Financial Performance

In 2023, Trimble's revenue was $3.80 billion, an increase of 3.33% compared to the previous year's $3.68 billion. Earnings were $311.30 million, a decrease of -30.78%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for TRMB stock is "Buy." The 12-month stock price forecast is $67.43, which is an increase of 19.94% from the latest price.

Price Target
$67.43
(19.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Trimble Launches End-To-End Asset Lifecycle Management Software Suite

Trimble Unity brings together cloud-first solutions for capital project and infrastructure management, providing owners with unprecedented data visibility and process control   WESTMINSTER, Colo. , Ju...

4 days ago - PRNewsWire

TMC Selects Trimble Instinct and Video Intelligence Solutions for Better Connected Safety and Driver Experience

WESTMINSTER, Colo. , June 27, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today that TMC, based in Des Moines, Iowa, has selected Trimble's Instinct and Video Intelligence fleet management s...

5 days ago - PRNewsWire

Trimble Releases Top-Tier R980 GNSS System Delivering Greater Work Productivity for Geospatial Professionals

New system levels up with seamless connectivity, market-leading technology and total confidence in a fully-integrated, easy-to-use solution WESTMINSTER, Colo. , June 19, 2024 /PRNewswire/ -- Trimble (...

13 days ago - PRNewsWire

Trimble receives expected notification of deficiency from Nasdaq related to delayed filing of quarterly report on Form 10-Q

WESTMINSTER, Colo. , May 17, 2024 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) (the "Company") today announced that it received an expected deficiency notification letter from the Listing Qualification...

6 weeks ago - PRNewsWire

Trimble Infinity Awards Honor 18 Organizations for Excellence in Capital Program and Infrastructure Asset Lifecycle Management

Municipal, county and state organizations, as well as educational institutions, are among those recognized for improving project outcomes, operational efficiency and cost savings WESTMINSTER, Colo. , ...

6 weeks ago - PRNewsWire

Trimble Opens Registration for 2024 Insight Tech Conference

Annual event connects transportation leaders to drive progress within the global supply chain WESTMINSTER, Colo. , May 15, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) opened registration for its 2024 ...

6 weeks ago - PRNewsWire

Trimble Acquires Flashtract to Expand Connected Construction Technology Ecosystem

Trimble has acquired Flashtract to add construction payment, compliance and lien waiver capabilities to its connected construction technology ecosystem. Flashtract's technology streamlines the flow of...

7 weeks ago - PYMNTS

Trimble Acquires Flashtract, Adding Construction Payment and Subcontractor Compliance Technology to Minimize Risk and Improve Efficiency for Contractors

Proven Payment, Compliance and Lien Waiver Technology Advances Trimble Construction One Integrated Subcontractor Management Capabilities WESTMINSTER, Colo. , May 8, 2024 /PRNewswire/ -- Trimble (NASDA...

7 weeks ago - PRNewsWire

Trimble Announces 2024 B2W Customer Innovation Award Winners

Heavy civil contractors Bituminous Roadways, Gulf Operators and Sherwood Companies achieve ROI and performance improvements through their use of B2W Software WESTMINSTER, Colo. , May 7, 2024 /PRNewswi...

2 months ago - PRNewsWire

GPS navigation maker Trimble forecasts downbeat quarterly results

Analytics and software firm Trimble forecast second-quarter results below Wall Street estimates on Friday, hit by sluggish demand for its products and services, sending its shares down about 5%.

2 months ago - Reuters

Trimble Announces First Quarter 2024 Results

Record annualized recurring revenue of $2.03 billion, up 23 percent on a year-over-year basis, up 13 percent on an organic basis Record GAAP gross margin of 62.3 percent and record non-GAAP gross marg...

2 months ago - PRNewsWire

Transporeon's Latest Report Reveals Shipper and Carrier Perspectives on the Decarbonization of Road Freight in 2024

ULM, Germany , April 29, 2024 /PRNewswire/ -- Transporeon , a Trimble Company, has released "The 2024 Green Freight Report: Is Transportation on Track?" The report covers the road freight sector's dec...

2 months ago - PRNewsWire

Black & Veatch Earns Highest Implementation Partnership with Leading Enterprise Asset Management System Provider, Trimble – Cityworks

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Global engineering, construction and consulting company Black & Veatch has earned platinum partnership status with Cityworks, a Trimble company. As part of the en...

2 months ago - Business Wire

Trimble First Quarter 2024 Earnings Call and Webcast

WESTMINSTER, Colo. , April 22, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) will hold a conference call on Friday, May 3, 2024 at 8 a.m.

2 months ago - PRNewsWire

If Nvidia Stock Slips, These 15 Tech Stocks May Be Good Hedges

Should shares of artificial-intelligence bellwether Nvidia slip, researchers suggest First Solar and Check Point Software as offering diversification with exposure to growth.

2 months ago - Barrons

Holmen Selects Trimble's Connected Forest Management System

As one of the largest forest owners in Sweden, Holmen is committed to become more data-driven in its forestry operations WESTMINSTER, Colo., April 16, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) annou...

2 months ago - PRNewsWire

Trimble Announces New Reporting Segments

WESTMINSTER, Colo. , April 12, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today that it will change the reporting of its segment financial results to better reflect the Company's organizati...

2 months ago - PRNewsWire

Transporeon and MODE Global Announce Collaboration for Autonomous Capacity Management

DALLAS, April 11, 2024 /PRNewswire/ -- MODE Global, a multi-billion, multi-brand 3PL platform and one of the world's leading logistics companies, is announcing a collaboration with Transporeon, a Trim...

2 months ago - PRNewsWire

AGCO and Trimble Close Joint Venture, Form PTx Trimble

Leading ag tech deal creates an industry-leading, mixed-fleet  precision ag platform serving farmers globally DULUTH, Ga. and WESTMINSTER, Colo.

Other symbols: AGCO
3 months ago - PRNewsWire

Trimble Announces TX-RAMP Certification for e-Builder Digital Project Delivery Software and AgileAssets Pavement and Maintenance Management Systems

Certification by Texas Department of Information Resources Ensures Trimble's Cloud Solutions Meet Rigorous Data Security Standards for Texas State Agencies Managing Infrastructure  WESTMINSTER, Colo.,...

3 months ago - PRNewsWire

Tekla 2024 Structural BIM Software Offers Enhanced User Experience and Connects Workflows Across Projects and Stakeholders

Enhancements and Further Open Standards Adoption Boost Collaboration Performance WESTMINSTER, Colo. , March 13, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today the introduction of 2024 ver...

3 months ago - PRNewsWire

Trimble Introduces Roadworks Paving Control Platform for Mills and Cold Planers

New version of Trimble's next-generation paving control platform for smoother, more precise paving surfaces extends the functionality to an additional machine type WESTMINSTER, Colo. , Feb. 20, 2024 /...

4 months ago - PRNewsWire

Trimble Stock Tumbles Despite Earnings Beat. Here's Why.

The geospatial technology company reported fourth-quarter earnings per share of 63 cents from sales of $932 million. Wall Street was looking for 60 cents and $910 million, respectively.

5 months ago - Barrons

Trimble Announces Fourth Quarter and Full Year 2023 Results and Initiates 2024 Guidance

Record annualized recurring revenue of $1.98 billion, up 24 percent on a year-over-year basis, up 13 percent on an organic basis Full year GAAP gross margin of 61.4 percent and non-GAAP gross margin o...

5 months ago - PRNewsWire

Trimble Fourth Quarter and Full Year 2023 Earnings Call and Webcast

WESTMINSTER, Colo. , Jan. 30, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) will hold a conference call on Monday, February 12, 2024 at 8 a.m.

5 months ago - PRNewsWire