Investor’s Toolkit: Key Ratios for Assessing Trimble Inc (TRMB)’s Performance

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Trimble Inc (NASDAQ: TRMB) closed the day trading at $55.75 up 0.43% from the previous closing price of $55.51. In other words, the price has increased by $0.43 from its previous closing price. On the day, 1.04 million shares were traded. TRMB stock price reached its highest trading level at $55.99 during the session, while it also had its lowest trading level at $55.12.

Ratios:

For a better understanding of TRMB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.48. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.60.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on February 13, 2024, Upgraded its rating to Overweight and sets its target price to $68 from $51 previously.

On September 29, 2023, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $65.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 16 ’24 when SCHWARTZ MARK DAVID sold 2,322 shares for $59.10 per share. The transaction valued at 137,230 led to the insider holds 10,265 shares of the business.

Large Peter sold 1,447 shares of TRMB for $85,518 on Apr 16 ’24. The Senior Vice President now owns 8,220 shares after completing the transaction at $59.10 per share. On Apr 15 ’24, another insider, SCHWARTZ MARK DAVID, who serves as the Senior VP, CES of the company, sold 235 shares for $61.14 each. As a result, the insider received 14,368 and left with 12,587 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRMB now has a Market Capitalization of 13614596096 and an Enterprise Value of 16577224704. As of this moment, Trimble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.95, and their Forward P/E ratio for the next fiscal year is 18.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.55 while its Price-to-Book (P/B) ratio in mrq is 3.05. Its current Enterprise Value per Revenue stands at 4.321 whereas that against EBITDA is 20.499.

Stock Price History:

The Beta on a monthly basis for TRMB is 1.49, which has changed by 0.12512612 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, TRMB has reached a high of $65.55, while it has fallen to a 52-week low of $39.57. The 50-Day Moving Average of the stock is -2.96%, while the 200-Day Moving Average is calculated to be 3.65%.

Shares Statistics:

Over the past 3-months, TRMB traded about 1.40M shares per day on average, while over the past 10 days, TRMB traded about 1641540 shares per day. A total of 246.50M shares are outstanding, with a floating share count of 243.27M. Insiders hold about 0.38% of the company’s shares, while institutions hold 95.35% stake in the company. Shares short for TRMB as of 1715731200 were 1859961 with a Short Ratio of 1.29, compared to 1713139200 on 2008349. Therefore, it implies a Short% of Shares Outstanding of 1859961 and a Short% of Float of 0.8699999999999999.

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