Equities Analysts Issue Forecasts for Trimble Q1 Earnings

Trimble Inc. (NASDAQ:TRMB) – Equities researchers at William Blair reduced their Q1 2025 earnings per share estimates for Trimble in a note issued to investors on Wednesday, December 11th. William Blair analyst J. Ho now expects that the scientific and technical instruments company will earn $0.59 per share for the quarter, down from their previous forecast of $0.62. The consensus estimate for Trimble’s current full-year earnings is $2.34 per share.

TRMB has been the subject of several other research reports. Piper Sandler reaffirmed an “overweight” rating and set a $84.00 price target on shares of Trimble in a report on Wednesday, December 11th. StockNews.com upgraded shares of Trimble from a “hold” rating to a “buy” rating in a research note on Thursday. Sanford C. Bernstein upped their price target on shares of Trimble from $82.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Oppenheimer raised their price objective on shares of Trimble from $77.00 to $88.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. raised Trimble from a “neutral” rating to an “overweight” rating and upped their target price for the company from $74.00 to $92.00 in a research report on Wednesday, December 4th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Trimble currently has an average rating of “Buy” and a consensus target price of $84.00.

Trimble Stock Performance

Shares of NASDAQ TRMB opened at $73.59 on Monday. The company has a current ratio of 1.16, a quick ratio of 1.07 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $17.97 billion, a P/E ratio of 12.31, a P/E/G ratio of 3.15 and a beta of 1.53. Trimble has a 12 month low of $48.60 and a 12 month high of $76.97. The stock has a 50 day moving average of $67.78 and a 200-day moving average of $60.15.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Blue Trust Inc. grew its holdings in shares of Trimble by 96.0% during the 2nd quarter. Blue Trust Inc. now owns 639 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 313 shares in the last quarter. TD Private Client Wealth LLC grew its stake in Trimble by 722.2% during the third quarter. TD Private Client Wealth LLC now owns 592 shares of the scientific and technical instruments company’s stock worth $37,000 after buying an additional 520 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Trimble in the 2nd quarter valued at about $48,000. Catalyst Capital Advisors LLC acquired a new position in shares of Trimble in the 3rd quarter valued at approximately $49,000. Finally, Cromwell Holdings LLC lifted its holdings in shares of Trimble by 86.6% during the 3rd quarter. Cromwell Holdings LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $50,000 after acquiring an additional 375 shares during the period. Institutional investors and hedge funds own 93.21% 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.