On Tuesday, Trimble Inc (NASDAQ: TRMB) opened higher 0.36% from the last session, before settling in for the closing price of $55.89. Price fluctuations for TRMB have ranged from $39.57 to $65.55 over the past 52 weeks.
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Annual sales at Technology sector company grew by 4.30% over the past five years. Company’s average yearly earnings per share was noted 3.20% at the time writing. With a float of $242.74 million, this company’s outstanding shares have now reached $246.50 million.
Let’s look at the performance matrix of the company that is accounted for 12700 employees. In terms of profitability, gross margin is 59.91%, operating margin of 11.31%, and the pretax margin is 53.15%.
Trimble Inc (TRMB) Insider Updates
A key investor’s attitude towards the stock of the Scientific & Technical Instruments industry is another important factor to consider. The insider ownership of Trimble Inc is 0.60%, while institutional ownership is 95.16%. The most recent insider transaction that took place on Apr 16 ’24, was worth 85,518. In this transaction Senior Vice President of this company sold 1,447 shares at a rate of $59.10, taking the stock ownership to the 8,220 shares. Before that another transaction happened on Apr 16 ’24, when Company’s Senior VP, CES sold 2,322 for $59.10, making the entire transaction worth $137,230. This insider now owns 10,265 shares in total.
Trimble Inc (TRMB) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 3.20% 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
Check out the current performance indicators for Trimble Inc (TRMB). In the past quarter, the stock posted a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.69. Likewise, its price to free cash flow for the trailing twelve months is 26.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.12, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 3.02 in one year’s time.
Technical Analysis of Trimble Inc (TRMB)
Trimble Inc (NASDAQ: TRMB) saw its 5-day average volume 1.18 million, a negative change from its year-to-date volume of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 95.54%. Additionally, its Average True Range was 1.35.
During the past 100 days, Trimble Inc’s (TRMB) raw stochastic average was set at 46.57%, which indicates a significant decrease from 96.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.87% in the past 14 days, which was higher than the 24.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.01, while its 200-day Moving Average is $54.74. Nevertheless, the first resistance level for the watch stands at $56.37 in the near term. At $56.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $56.90. If the price goes on to break the first support level at $55.84, it is likely to go to the next support level at $55.59. Assuming the price breaks the second support level, the third support level stands at $55.31.
Trimble Inc (NASDAQ: TRMB) Key Stats
There are currently 244,208K shares outstanding in the company with a market cap of 13.70 billion. Presently, the company’s annual sales total 3,799 M according to its annual income of 311,300 K. Last quarter, the company’s sales amounted to 870,800 K and its income totaled 1,316 M.
