Media headlines about Trimble (NASDAQ:TRMB) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Trimble earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned headlines about the scientific and technical instruments company an impact score of 46.549179249233 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern’s rankings:
- Global Forestry Software Market Status 2018-2022: Davey, Trimble, INFLOR, Baywood Technologies (nwctrail.com)
- Global Fleet Management Technology Market 2018 – TeleNav Inc., TomTom International BV, Trimble Navigation Ltd … (anglophonetribune.com)
- Global Interior Design Software Market Status 2018-2022: Autodesk, Trimble, SmartDraw, Decolabs, Planner 5D … (nwctrail.com)
- Unionism’s obsession with masculinity hurts its cause (irishtimes.com)
- Psychologist accused of smuggling drugs, phones into Donovan prison surrenders license (sandiegouniontribune.com)
A number of equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Trimble from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 6th. BidaskClub upgraded shares of Trimble from a “hold” rating to a “buy” rating in a research report on Tuesday, January 23rd. Oppenheimer set a $50.00 target price on shares of Trimble and gave the stock a “buy” rating in a research report on Friday, February 9th. Finally, TheStreet downgraded shares of Trimble from a “b” rating to a “c+” rating in a research report on Thursday, February 8th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $42.10.
Trimble (NASDAQ:TRMB) last released its quarterly earnings results on Thursday, February 8th. The scientific and technical instruments company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The business had revenue of $708.40 million for the quarter, compared to the consensus estimate of $674.84 million. Trimble had a net margin of 4.56% and a return on equity of 13.37%. Trimble’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.31 EPS. equities research analysts predict that Trimble will post 1.51 earnings per share for the current year.
In other news, Director Ulf J. Johansson sold 50,000 shares of the firm’s stock in a transaction on Monday, March 5th. The shares were sold at an average price of $38.07, for a total transaction of $1,903,500.00. Following the transaction, the director now owns 42,670 shares in the company, valued at approximately $1,624,446.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Steven W. Berglund sold 200,000 shares of the firm’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $39.25, for a total transaction of $7,850,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 471,946 shares of company stock worth $18,558,140 in the last 90 days. 0.36% of the stock is owned by insiders.
TRADEMARK VIOLATION WARNING: “Trimble (TRMB) Receives Media Sentiment Score of 0.23” was first posted by BBNS and is owned by of BBNS. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of US and international copyright & trademark laws. The legal version of this piece can be accessed at https://baseballnewssource.com/2018/04/03/trimble-trmb-given-media-sentiment-rating-of-0-23/2012694.html.
Trimble Inc, formerly Trimble Navigation Limited, is engaged in providing technology solutions that enable professionals and field mobile workers to transform their work processes. The Company’s solutions are used across a range of industries, including agriculture, architecture, civil engineering, survey and land administration, construction, geospatial, government, natural resources, transportation and utilities.
Receive News & Ratings for Trimble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trimble and related companies with MarketBeat.com's FREE daily email newsletter.