Taking On Challenges And Growing? – Trimble Inc (TRMB)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Trimble Introduces Roadworks Paving Control Platform for Mills and Cold Planers.

Stocks Info

This NASDAQ-listed company operates within the Scientific & Technical Instruments industry segment, falling under the Technology sector. The current market capitalization of Trimble Inc is $15.29B. A total of 1.29 million shares were traded on the day, compared to an average of 1.49M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, TRMB has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 36 BUYs and 40 SELLs from insiders. Insiders purchased 273,210 shares during that period but sold 126,457.

In the most recent transaction, Allison Jennifer sold 5,000 shares of TRMB for 59.58 per share on Feb 20. After the transaction, the Corporate VP, General Counsel now owns 2,315 company shares. In a previous transaction on Feb 15, SCHWARTZ MARK DAVID sold 235 shares at 59.03 per share. TRMB shares that Senior VP, CES owns now total 9,928.

Among the insiders who sold shares, PAINTER ROBERT G disposed of 2,500 shares on Feb 13 at a per-share price of $54.75. This resulted in the President & CEO holding 239,901 shares of TRMB after the transaction. In another insider transaction, SCHWARTZ MARK DAVID sold 1,821 shares at $51.87 per share on Feb 06. Company shares held by the Senior VP, CES now total 10,163.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for TRMB in the last 3 months, the mean price target is $64.49 with high estimates of $68.00 and low estimates of $57.00. In terms of 52-week highs and lows, TRMB has a high of $61.92 and a low of $39.57.

As of this writing, TRMB has an earnings estimate of $0.6 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.6 per share and a lower estimate of $0.58. The company reported an EPS of $0.68 in the last quarter, which was 13.30% higher than expectations of $0.6.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. TRMB’s latest balance sheet shows that the firm has $325.70M in Cash & Short Term Investments as of fiscal 2021. There were $1.41B in debt and $1.19B in liabilities at the time. Its Book Value Per Share was $17.46, while its Total Shareholder’s Equity was $3.94B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TRMB is Buy with a score of 4.18.