Trimble Inc. (NASDAQ:TRMB) to Post Q1 2025 Earnings of $0.59 Per Share, William Blair Forecasts

Trimble Inc. (NASDAQ:TRMB) – Stock analysts at William Blair lifted their Q1 2025 earnings estimates for Trimble in a research report issued to clients and investors on Tuesday, May 14th. William Blair analyst J. Ho now anticipates that the scientific and technical instruments company will earn $0.59 per share for the quarter, up from their prior estimate of $0.58. The consensus estimate for Trimble’s current full-year earnings is $2.20 per share.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings results on Monday, February 12th. The scientific and technical instruments company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.58 by $0.05. Trimble had a return on equity of 12.04% and a net margin of 6.25%. The firm had revenue of $932.40 million during the quarter, compared to analysts’ expectations of $908.43 million. During the same quarter in the prior year, the firm posted $0.52 EPS. The company’s revenue for the quarter was up 8.9% on a year-over-year basis.

TRMB has been the topic of several other research reports. Piper Sandler reissued an “overweight” rating and issued a $73.00 price target on shares of Trimble in a report on Monday, May 6th. Raymond James reissued an “outperform” rating and issued a $65.00 price target on shares of Trimble in a research report on Wednesday. Oppenheimer reiterated an “outperform” rating and issued a $72.00 price objective on shares of Trimble in a research note on Monday, May 6th. StockNews.com downgraded Trimble from a “buy” rating to a “hold” rating in a research report on Saturday, February 10th. Finally, Robert W. Baird raised their target price on Trimble from $59.00 to $65.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 13th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $66.67.

Trimble Stock Performance

TRMB opened at $57.68 on Thursday. The stock’s 50 day simple moving average is $60.76 and its 200-day simple moving average is $54.28. The company has a current ratio of 1.00, a quick ratio of 0.88 and a debt-to-equity ratio of 0.57. The stock has a market cap of $14.09 billion, a PE ratio of 60.08, a P/E/G ratio of 2.60 and a beta of 1.51. Trimble has a 1 year low of $39.57 and a 1 year high of $65.55.

Institutional Investors Weigh In On Trimble

Hedge funds and other institutional investors have recently made changes to their positions in the company. Frazier Financial Advisors LLC acquired a new stake in shares of Trimble in the 4th quarter valued at $26,000. Tobam acquired a new stake in shares of Trimble in the 1st quarter valued at $35,000. Operose Advisors LLC acquired a new stake in shares of Trimble during the third quarter worth $43,000. Principal Securities Inc. acquired a new stake in shares of Trimble during the fourth quarter worth $52,000. Finally, Sound Income Strategies LLC grew its stake in shares of Trimble by 171.9% during the first quarter. Sound Income Strategies LLC now owns 998 shares of the scientific and technical instruments company’s stock worth $64,000 after purchasing an additional 631 shares during the period. 93.21% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Trimble

In related news, CEO Robert G. Painter sold 3,500 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $62.93, for a total transaction of $220,255.00. Following the completion of the sale, the chief executive officer now directly owns 187,055 shares of the company’s stock, valued at approximately $11,771,371.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Robert G. Painter sold 3,500 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $62.93, for a total transaction of $220,255.00. Following the completion of the sale, the chief executive officer now directly owns 187,055 shares of the company’s stock, valued at approximately $11,771,371.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Jennifer Allison sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $59.58, for a total value of $297,900.00. Following the sale, the vice president now directly owns 2,315 shares of the company’s stock, valued at $137,927.70. The disclosure for this sale can be found here. Insiders sold 14,093 shares of company stock valued at $862,772 in the last three months. Corporate insiders own 0.47% of the company’s stock.

About Trimble

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.