Impact of Brokerage Rating on Trimble Navigation Ltd.(TRMB)

Many Trimble Navigation Ltd.(TRMB) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Craig Hallum on Feb 9, 2017 to Hold, Raises Price Target to $ 24 from a previous price target of $22 .Company shares were Reiterated by Needham on Feb 9, 2017 to Buy, Raises Price Target to $ 33 from a previous price target of $27 .Trimble Navigation Limited was Downgraded by Dougherty & Company on Jan 30, 2017 to Neutral, Price Target of the shares are set at $27.Trimble Navigation Limited was Initiated by Northcoast to Neutral on Jan 13, 2017.

Company has reported several Insider transactions to the SEC, on Dec 8, 2016, James A Kirkland (Vice President) sold 1,500 shares at 30.39 per share price.On Dec 8, 2016, James Veneziano (Vice President) sold 109,769 shares at 30.24 per share price.On Dec 1, 2016, Chris Gibson (Vice President) sold 29,940 shares at 28.37 per share price.

Trimble Navigation Limited Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.31. The company had revenue of $584.10 million for the quarter, compared to analysts expectations of $600.09 million. The companys revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.

Trimble Inc. (NASDAQ:TRMB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.08 by 13 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.

Trimble Inc. (NASDAQ:TRMB): 9 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $29.67 in Trimble Inc. (NASDAQ:TRMB). However, the stock price could fluctuate by $ 4.42 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $34 price target with the lower price estimate is calculated at $22

Trimble Inc. (NASDAQ:TRMB) witnessed a decline in the market cap on Tuesday as its shares dropped 0.35% or 0.11 points. After the session commenced at $31.3, the stock reached the higher end at $31.5 while it hit a low of $31.02. With the volume soaring to 817,560 shares, the last trade was called at $31.3. The company has a 52-week high of $32.1875. The company has a market cap of $7,843 million and there are 250,583,800 shares in outstanding. The 52-week low of the share price is $21.33.

Trimble Inc. is a provider of technology solutions for professionals and field mobile workers. The Companys operating segment consists of Engineering and Construction, Field Solutions, Mobile Solutions and Advanced Devices. It integrates positioning expertise in GPS, laser, optical and inertial technologies with application software, wireless communications, and services to provide complete commercial solutions. Trimble Inc., formerly known as Trimble Navigation Limited, is headquartered in Sunnyvale, California.

Trimble

Share this post

Leave a Reply