Trimble Inc (NASDAQ: TRMB) on Tuesday, soared 0.51% from the previous trading day, before settling in for the closing price of $61.35. Within the past 52 weeks, TRMB’s price has moved between $39.57 and $65.55.
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A company in the Technology sector has jumped its sales by 4.30% annually for the last half of the decade. The company achieved an average annual earnings per share of 3.31%. With a float of $243.31 million, this company’s outstanding shares have now reached $246.50 million.
In an organization with 12700 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 61.4%, operating margin of 11.18%, and the pretax margin is 53.15%.
Trimble Inc (TRMB) Insider and Institutional Ownership
Observing investor behavior towards Scientific & Technical Instruments industry stocks is more important than anything else. The insider ownership of Trimble Inc is 0.37%, while institutional ownership is 95.26%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 3.31% 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
Trimble Inc (TRMB) is currently performing well based on its current performance indicators. A quick ratio of 0.88 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.05. Likewise, its price to free cash flow for the trailing twelve months is 28.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.12, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 3.02 in one year’s time.
Technical Analysis of Trimble Inc (TRMB)
Let’s dig in a bit further. During the last 5-days, its volume was 0.8 million. That was inferior than the volume of 1.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.25%. Additionally, its Average True Range was 1.08.
During the past 100 days, Trimble Inc’s (TRMB) raw stochastic average was set at 88.63%, which indicates a significant increase from 56.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.90% in the past 14 days, which was lower than the 23.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $59.02, while its 200-day Moving Average is $57.58. However, in the short run, Trimble Inc’s stock first resistance to watch stands at $61.99. Second resistance stands at $62.33. The third major resistance level sits at $62.82. If the price goes on to break the first support level at $61.16, it is likely to go to the next support level at $60.67. The third support level lies at $60.33 if the price breaches the second support level.
Trimble Inc (NASDAQ: TRMB) Key Stats
Market capitalization of the company is 15.06 billion based on 244,208K outstanding shares. Right now, sales total 3,799 M and income totals 311,300 K. The company made 870,800 K in profit during its latest quarter, and 1,316 M in sales during its previous quarter.
