On Tuesday, Trimble Inc (NASDAQ: TRMB) opened lower -0.71% from the last session, before settling in for the closing price of $74.36. Price fluctuations for TRMB have ranged from $48.65 to $77.78 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 4.12% annually for the last half of the decade. Company’s average yearly earnings per share was noted 6.83% at the time writing. With a float of $244.71 million, this company’s outstanding shares have now reached $245.80 million.
In an organization with 12700 employees, it is important to assess its efficiency. 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 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 0.44%, while institutional ownership is 94.99%. The most recent insider transaction that took place on Jan 17 ’25, was worth 266,934. In this transaction Corporate VP, General Counsel of this company sold 3,571 shares at a rate of $74.75, taking the stock ownership to the 3,157 shares. Before that another transaction happened on Jan 17 ’25, when Company’s Officer proposed sale 3,571 for $74.75, making the entire transaction worth $266,935.
Trimble Inc (TRMB) Performance Highlights and Predictions
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 7.81% 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 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.00. Likewise, its price to free cash flow for the trailing twelve months is 37.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.99, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 2.90 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 1.0 million. That was inferior than the volume of 1.25 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 45.59%. Additionally, its Average True Range was 1.41.
During the past 100 days, Trimble Inc’s (TRMB) raw stochastic average was set at 80.34%, which indicates a significant increase from 26.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.61% in the past 14 days, which was lower than the 32.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $73.46, while its 200-day Moving Average is $62.34. However, in the short run, Trimble Inc’s stock first resistance to watch stands at $74.43. Second resistance stands at $75.02. The third major resistance level sits at $75.41. If the price goes on to break the first support level at $73.45, it is likely to go to the next support level at $73.06. Assuming the price breaks the second support level, the third support level stands at $72.47.
Trimble Inc (NASDAQ: TRMB) Key Stats
There are currently 245,792K shares outstanding in the company with a market cap of 18.15 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 875,800 K and its income totaled 40,600 K.
