On Tuesday, Trimble Inc (NASDAQ: TRMB) was -0.82% down from the session before settling in for the closing price of $59.41. A 52-week range for TRMB has been $39.57 – $65.55.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 4.30%. When this article was written, the company’s average yearly earnings per share was at 1.99%. With a float of $244.39 million, this company’s outstanding shares have now reached $246.50 million.
Considering the fact that the conglomerate employs 12700 people, you should pay attention to its efficiency factor.
Trimble Inc (TRMB) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Trimble Inc stocks. The insider ownership of Trimble Inc is 0.53%, while institutional ownership is 95.88%. The most recent insider transaction that took place on Apr 09 ’24, was worth 218,750. In this transaction President & CEO of this company sold 3,500 shares at a rate of $62.50, taking the stock ownership to the 183,555 shares. Before that another transaction happened on Mar 21 ’24, when Company’s Senior Vice President sold 176 for $65.00, making the entire transaction worth $11,440. This insider now owns 5,718 shares in total.
Trimble Inc (TRMB) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 58.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 2.29% growth over the previous five years of trading.
Trimble Inc (NASDAQ: TRMB) Trading Performance Indicators
You can see what Trimble Inc (TRMB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.81. Likewise, its price to free cash flow for the trailing twelve months is 26.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.25, a number that is poised to hit 0.60 in the next quarter and is forecasted to reach 3.03 in one year’s time.
Technical Analysis of Trimble Inc (TRMB)
Compared to the last year’s volume of 1.43 million, its volume of 1.05 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.30%. Additionally, its Average True Range was 1.37.
During the past 100 days, Trimble Inc’s (TRMB) raw stochastic average was set at 70.79%, which indicates a significant increase from 5.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.71% in the past 14 days, which was lower than the 24.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.77, while its 200-day Moving Average is $53.04. Nevertheless, the first resistance level for the watch stands at $59.29 in the near term. At $59.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $60.00. If the price goes on to break the first support level at $58.58, it is likely to go to the next support level at $58.24. Now, if the price goes above the second support level, the third support stands at $57.87.
Trimble Inc (NASDAQ: TRMB) Key Stats
There are 245,687K outstanding shares of the company, which has a market capitalization of 14.48 billion. As of now, sales total 3,799 M while income totals 311,300 K. Its latest quarter income was 932,400 K while its last quarter net income were 63,000 K.
