A new trading day began on Tuesday, with Trimble Inc (NASDAQ: TRMB) stock price down -0.30% from the previous day of trading, before settling in for the closing price of $69.88. TRMB’s price has ranged from $42.85 to $74.22 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 4.30%. Meanwhile, its annual earnings per share averaged 6.83%. With a float of $243.33 million, this company’s outstanding shares have now reached $246.50 million.
The extent of productivity of a business whose workforce counts for 12700 workers is very important to gauge. In terms of profitability, gross margin is 61.64%, operating margin of 11.36%, and the pretax margin is 54.17%.
Trimble Inc (TRMB) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Scientific & Technical Instruments Industry. The insider ownership of Trimble Inc is 0.36%, while institutional ownership is 95.81%. 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
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.63 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.83% 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
Here are Trimble Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.68. Likewise, its price to free cash flow for the trailing twelve months is 35.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.98, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 2.95 in one year’s time.
Technical Analysis of Trimble Inc (TRMB)
The latest stats from [Trimble Inc, TRMB] show that its last 5-days average volume of 1.23 million was inferior to 1.34 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 47.00%. Additionally, its Average True Range was 1.66.
During the past 100 days, Trimble Inc’s (TRMB) raw stochastic average was set at 82.21%, which indicates a significant increase from 67.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.92% in the past 14 days, which was higher than the 35.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.72, while its 200-day Moving Average is $58.87. Now, the first resistance to watch is $70.14. This is followed by the second major resistance level at $70.62. The third major resistance level sits at $71.23. If the price goes on to break the first support level at $69.05, it is likely to go to the next support level at $68.44. The third support level lies at $67.96 if the price breaches the second support level.
Trimble Inc (NASDAQ: TRMB) Key Stats
With a market capitalization of 17.01 billion, the company has a total of 244,208K Shares Outstanding. Currently, annual sales are 3,799 M while annual income is 311,300 K. The company’s previous quarter sales were 875,800 K while its latest quarter income was 40,600 K.
