Equities Analysts Offer Predictions for Trimble Q1 Earnings

Trimble Inc. (NASDAQ:TRMB) – Investment analysts at William Blair decreased their Q1 2025 earnings per share (EPS) estimates for Trimble in a research note issued to investors on Wednesday, December 11th. William Blair analyst J. Ho now forecasts that the scientific and technical instruments company will post earnings of $0.59 per share for the quarter, down from their previous forecast of $0.62. The consensus estimate for Trimble’s current full-year earnings is $2.34 per share.

A number of other research analysts have also recently commented on the stock. Robert W. Baird upped their price target on shares of Trimble from $82.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. StockNews.com raised shares of Trimble from a “hold” rating to a “buy” rating in a research note on Thursday, December 12th. Wolfe Research raised Trimble from a “peer perform” rating to an “outperform” rating and set a $90.00 price objective on the stock in a research note on Monday. Sanford C. Bernstein lifted their target price on Trimble from $82.00 to $85.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. raised Trimble from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $74.00 to $92.00 in a research report on Wednesday, December 4th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Trimble presently has a consensus rating of “Buy” and a consensus price target of $84.86.

Trimble Price Performance

TRMB opened at $74.24 on Monday. The business has a fifty day moving average of $68.03 and a 200 day moving average of $60.29. The stock has a market cap of $18.13 billion, a P/E ratio of 12.41, a PEG ratio of 3.15 and a beta of 1.53. The company has a quick ratio of 1.07, a current ratio of 1.16 and a debt-to-equity ratio of 0.24. Trimble has a 52-week low of $48.60 and a 52-week high of $76.97.

Hedge Funds Weigh In On Trimble

A number of large investors have recently made changes to their positions in the business. Principal Financial Group Inc. raised its stake in Trimble by 18.4% in the third quarter. Principal Financial Group Inc. now owns 391,310 shares of the scientific and technical instruments company’s stock valued at $24,296,000 after buying an additional 60,752 shares during the last quarter. Magnetar Financial LLC purchased a new position in shares of Trimble in the 2nd quarter valued at approximately $1,752,000. Raymond James & Associates raised its holdings in shares of Trimble by 27.9% in the second quarter. Raymond James & Associates now owns 164,488 shares of the scientific and technical instruments company’s stock worth $9,198,000 after buying an additional 35,841 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in shares of Trimble by 76.5% during the third quarter. Benjamin Edwards Inc. now owns 40,193 shares of the scientific and technical instruments company’s stock worth $2,496,000 after buying an additional 17,424 shares during the period. Finally, Worldquant Millennium Advisors LLC increased its position in shares of Trimble by 768.5% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 149,705 shares of the scientific and technical instruments company’s stock valued at $9,295,000 after acquiring an additional 132,467 shares during the period. 93.21% of the stock is owned by institutional investors and hedge funds.

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.