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 Price Performance

Shares of NASDAQ:TRMB traded down $0.10 on Friday, reaching $73.11. 432,376 shares of the company traded hands, compared to its average volume of 1,301,478. The stock has a market capitalization of $17.97 billion, a PE ratio of 12.00, a P/E/G ratio of 3.17 and a beta of 1.53. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.27 and a quick ratio of 1.07. The company’s 50 day moving average is $73.34 and its 200-day moving average is $66.13. Trimble has a fifty-two week low of $48.65 and a fifty-two week high of $77.78.

Analyst Ratings Changes

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

Insider Buying and Selling

In related news, VP Jennifer Allison sold 3,571 shares of Trimble stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $74.75, for a total value of $266,932.25. Following the completion of the sale, the vice president now directly owns 3,157 shares in the company, 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 Securities & Exchange Commission, which can be accessed through the SEC website. 0.47% of the stock is currently owned by corporate insiders.

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.