Trimble (NASDAQ:TRMB) Issues FY 2025 Earnings Guidance

Trimble (NASDAQ:TRMB) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.760-2.980 for the period, compared to the consensus EPS estimate of 2.890. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion. Trimble also updated its FY25 guidance to $2.76 to $2.98 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. StockNews.com raised shares of Trimble from a “buy” rating to a “strong-buy” rating in a research note on Thursday. JPMorgan Chase & Co. upgraded shares of Trimble from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $74.00 to $92.00 in a research report on Wednesday, December 4th. Piper Sandler restated an “overweight” rating and set a $84.00 price objective on shares of Trimble in a research report on Wednesday, December 11th. Oppenheimer raised their price objective on shares of Trimble from $88.00 to $90.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Cfra upgraded shares of Trimble from a “buy” rating to a “strong-buy” rating and set a $92.00 price target for the company in a research report on Thursday. Seven equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $86.00.

Trimble Trading Up 0.4 %

NASDAQ TRMB opened at $73.47 on Friday. The firm has a 50 day simple moving average of $73.34 and a 200-day simple moving average of $66.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.07 and a current ratio of 1.27. Trimble has a one year low of $48.65 and a one year high of $77.78. The firm has a market cap of $18.06 billion, a price-to-earnings ratio of 12.06, a PEG ratio of 3.17 and a beta of 1.53.

Insider Activity

In related news, VP Jennifer Allison sold 3,571 shares of Trimble 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 completion of the transaction, the vice president now owns 3,157 shares in the company, valued at $235,985.75. The trade was a 53.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.47% of the company’s stock.

About Trimble

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.