Trimble Inc (NASDAQ: TRMB) is 9.94% higher on its value in year-to-date trading and has touched a low of $39.57 and a high of $65.55 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TRMB stock was last observed hovering at around $58.92 in the last trading session, with the day’s loss setting it -0.43%.
Currently trading at $58.49, the stock is -6.35% and -3.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -0.73% at the moment leaves the stock 10.27% off its SMA200. TRMB registered 20.13% gain for a year compared to 6-month gain of 15.36%.
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The stock witnessed a -6.34% loss in the last 1 month and extending the period to 3 months gives it a 18.64%, and is -4.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.06% over the week and 2.09% over the month.
Trimble Inc (TRMB) has around 12700 employees, a market worth around $14.37B and $3.80B in sales. Current P/E ratio is 46.79 and Fwd P/E is 19.33. Profit margin for the company is 8.19%. Distance from 52-week low is 47.81% and -10.77% from its 52-week high. The company has generated returns on investments over the last 12 months (4.35%).
The EPS is expected to grow by 2.61% this year
The shares outstanding are 246.50M, and float is at 244.39M with Short Float at 1.19%.
Trimble Inc (TRMB) Insider Activity
The most recent transaction is an insider sale by SCHWARTZ MARK DAVID, the company’s Senior VP, CES. SEC filings show that SCHWARTZ MARK DAVID sold 235 shares of the company’s common stock on Apr 15 ’24 at a price of $61.14 per share for a total of $14368.0. Following the sale, the insider now owns 12587.0 shares.
Trimble Inc disclosed in a document filed with the SEC on Apr 09 ’24 that PAINTER ROBERT G (President & CEO) sold a total of 3,500 shares of the company’s common stock. The trade occurred on Apr 09 ’24 and was made at $62.50 per share for $0.22 million. Following the transaction, the insider now directly holds 0.18 million shares of the TRMB stock.
Still, SEC filings show that on Mar 21 ’24, Large Peter (Senior Vice President) disposed off 176 shares at an average price of $65.00 for $11440.0. The insider now directly holds 5,718 shares of Trimble Inc (TRMB).
