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 Q1 2025 guidance to 0.550-0.610 EPS.

Trimble Stock Up 1.1 %

Shares of Trimble stock opened at $75.14 on Wednesday. Trimble has a 52-week low of $48.65 and a 52-week high of $77.78. The company has a 50 day moving average of $73.34 and a 200 day moving average of $66.01. The company has a quick ratio of 1.07, a current ratio of 1.16 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $18.47 billion, a P/E ratio of 12.57, a P/E/G ratio of 3.10 and a beta of 1.53.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings data on Wednesday, February 19th. The scientific and technical instruments company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.15). Trimble had a return on equity of 10.18% and a net margin of 40.67%. As a group, research analysts forecast that Trimble will post 2.34 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. 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. StockNews.com upgraded shares of Trimble from a “hold” rating to a “buy” rating in a research report on Thursday, December 12th. JPMorgan Chase & Co. upgraded shares of Trimble from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $74.00 to $92.00 in a research report on Wednesday, December 4th. Oppenheimer lifted their target price on shares of Trimble from $77.00 to $88.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Finally, Robert W. Baird lifted their target price on shares of Trimble from $82.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $84.86.

Insider Activity

In other Trimble news, VP Jennifer Allison sold 3,571 shares of the business’s stock in a transaction 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 transaction, the vice president now directly owns 3,157 shares of the company’s stock, valued at approximately $235,985.75. The trade was a 53.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.47% 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.