Trimble (NASDAQ:TRMB) Releases FY 2025 Earnings Guidance

Trimble (NASDAQ:TRMB) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.760-2.980 for the period, compared to the consensus estimate of 2.890. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion. Trimble also updated its FY25 guidance to $2.76 to $2.98 EPS.

Trimble Price Performance

Shares of NASDAQ TRMB opened at $74.64 on Thursday. The stock’s 50-day moving average is $73.37 and its two-hundred day moving average is $66.08. 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 1-year low of $48.65 and a 1-year high of $77.78. The company has a market cap of $18.34 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53.

Wall Street Analyst Weigh In

TRMB has been the topic of a number of recent analyst reports. Oppenheimer increased their price objective on Trimble from $77.00 to $88.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. upgraded Trimble from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $74.00 to $92.00 in a report on Wednesday, December 4th. Cfra upgraded Trimble from a “buy” rating to a “strong-buy” rating and set a $92.00 price objective on the stock in a report on Thursday. Wolfe Research upgraded Trimble from a “peer perform” rating to an “outperform” rating and set a $90.00 price objective on the stock in a report on Monday, December 16th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $84.00 price objective on shares of Trimble in a report on Wednesday, December 11th. Eight research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $85.75.

Insider Activity at Trimble

In related news, VP Jennifer Allison sold 3,571 shares of the company’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $74.75, for a total value of $266,932.25. Following the completion of the sale, the vice president now directly owns 3,157 shares of the company’s stock, valued at $235,985.75. This represents a 53.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.47% of the company’s stock.

Trimble Company Profile

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.