Trimble (NASDAQ:TRMB) Releases FY25 Earnings Guidance

Trimble (NASDAQ:TRMB) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $2.76 to $2.98 for the period, compared to the consensus earnings per share estimate of $2.89. Trimble also updated its FY 2025 guidance to 2.760-2.980 EPS.

Trimble Stock Performance

NASDAQ:TRMB traded up $0.43 on Wednesday, reaching $75.57. 2,453,946 shares of the company’s stock were exchanged, compared to its average volume of 1,310,917. The stock has a fifty day simple moving average of $73.34 and a 200-day simple moving average of $66.01. Trimble has a 52 week low of $48.65 and a 52 week high of $77.78. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.16 and a quick ratio of 1.07. The firm has a market cap of $18.57 billion, a price-to-earnings ratio of 12.64, a P/E/G ratio of 3.10 and a beta of 1.53.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TRMB. Piper Sandler reiterated an “overweight” rating and issued a $84.00 price objective on shares of Trimble in a research note on Wednesday, December 11th. StockNews.com upgraded Trimble from a “hold” rating to a “buy” rating in a research note on Thursday, December 12th. Robert W. Baird raised their target price on Trimble from $82.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. JPMorgan Chase & Co. upgraded Trimble from a “neutral” rating to an “overweight” rating and upped their price target for the company from $74.00 to $92.00 in a research report on Wednesday, December 4th. Finally, Wolfe Research raised shares of Trimble from a “peer perform” rating to an “outperform” rating and set a $90.00 price target on the stock in a report on Monday, December 16th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $84.86.

Insider Activity

In related news, VP Jennifer Allison sold 3,571 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $74.75, for a total value of $266,932.25. Following the sale, the vice president now directly owns 3,157 shares of the company’s stock, valued at $235,985.75. This trade represents a 53.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.47% of the company’s stock.

Trimble Company Profile

Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades.