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After finishing at $74.77 in the prior trading day, Trimble Inc (NASDAQ: TRMB) closed at $75.38, up 0.82%. In other words, the price has increased by $0.82 from its previous closing price. On the day, 1.28 million shares were traded. TRMB stock price reached its highest trading level at $76.3242 during the session, while it also had its lowest trading level at $74.97.
Ratios:
Our goal is to gain a better understanding of TRMB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.26.
On December 04, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $74 to $92.
Piper Sandler Upgraded its Neutral to Overweight on February 13, 2024, whereas the target price for the stock was revised from $51 to $68.
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 Jan 17 ’25 when Allison Jennifer sold 3,571 shares for $74.75 per share. The transaction valued at 266,934 led to the insider holds 3,157 shares of the business.
Allison Jennifer bought 3,571 shares of TRMB for $266,935 on Jan 17 ’25. On Apr 16 ’24, another insider, Large Peter, who serves as the Senior Vice President of the company, sold 1,447 shares for $59.10 each. As a result, the insider received 85,518 and left with 8,220 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 18527799296 and an Enterprise Value of 19388428288. As of this moment, Trimble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.58, and their Forward P/E ratio for the next fiscal year is 25.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.10 while its Price-to-Book (P/B) ratio in mrq is 3.15. Its current Enterprise Value per Revenue stands at 5.338 whereas that against EBITDA is 26.282.
Stock Price History:
The Beta on a monthly basis for TRMB is 1.53, which has changed by 0.42175317 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, TRMB has reached a high of $77.78, while it has fallen to a 52-week low of $48.65. The 50-Day Moving Average of the stock is 3.36%, while the 200-Day Moving Average is calculated to be 22.16%.
Shares Statistics:
The stock has traded on average 1.30M shares per day over the past 3-months and 1206330 shares per day over the last 10 days, according to various share statistics. A total of 245.80M shares are outstanding, with a floating share count of 244.90M. Insiders hold about 0.36% of the company’s shares, while institutions hold 94.90% stake in the company. Shares short for TRMB as of 1736899200 were 2589949 with a Short Ratio of 1.99, compared to 1734048000 on 2465791. Therefore, it implies a Short% of Shares Outstanding of 2589949 and a Short% of Float of 1.2.
