Trimble (NASDAQ:TRMB) Releases FY 2025 Earnings Guidance

Trimble (NASDAQ:TRMB) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.760-2.980 for the period, compared to the consensus 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.

Trimble Stock Performance

Shares of Trimble stock opened at $74.64 on Thursday. Trimble has a 52 week low of $48.65 and a 52 week high of $77.78. The business’s fifty day simple moving average is $73.37 and its 200-day simple moving average is $66.08. The firm has a market cap of $18.34 billion, a PE ratio of 12.51, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53. The company has a quick ratio of 1.07, a current ratio of 1.16 and a debt-to-equity ratio of 0.24.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on TRMB shares. Oppenheimer upped their price target on Trimble from $77.00 to $88.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. StockNews.com raised Trimble from a “hold” rating to a “buy” rating in a research note on Thursday, December 12th. Cfra raised Trimble from a “buy” rating to a “strong-buy” rating and set a $92.00 price target on the stock in a research note on Thursday. Sanford C. Bernstein upped their price target on Trimble from $82.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $84.00 price objective on shares of Trimble in a report on Wednesday, December 11th. Eight investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Trimble presently has an average rating of “Buy” and a consensus price target of $85.75.

Insider Activity at Trimble

In related news, VP Jennifer Allison sold 3,571 shares of the business’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $74.75, for a total value of $266,932.25. Following the sale, the vice president now owns 3,157 shares in the company, valued at approximately $235,985.75. The trade was a 53.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company 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.