On Tuesday, Trimble Inc (NASDAQ: TRMB) opened higher 0.51% from the last session, before settling in for the closing price of $61.31. Price fluctuations for TRMB have ranged from $40.79 to $65.55 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted 3.42% at the time writing. With a float of $243.31 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. In terms of profitability, gross margin is 61.4%, operating margin of 11.18%, and the pretax margin is 53.15%.
Trimble Inc (TRMB) Breakdown of a Key Holders of the stock
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 0.37%, while institutional ownership is 95.32%. 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) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.68 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.6) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.42% 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 4.05. Likewise, its price to free cash flow for the trailing twelve months is 28.76.
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)
Compared to the last year’s volume of 1.33 million, its volume of 0.99 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 68.46%. Additionally, its Average True Range was 1.10.
During the past 100 days, Trimble Inc’s (TRMB) raw stochastic average was set at 88.36%, which indicates a significant increase from 79.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.93% 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 $59.49, while its 200-day Moving Average is $57.87. Nevertheless, the first resistance level for the watch stands at $62.00 in the near term. At $62.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $63.14. If the price goes on to break the first support level at $60.86, it is likely to go to the next support level at $60.10. Now, if the price goes above the second support level, the third support stands at $59.72.
Trimble Inc (NASDAQ: TRMB) Key Stats
There are currently 244,208K shares outstanding in the company with a market cap of 15.05 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.
