Is Trimble Stock a Good Investment?

Trimble Investment Advice

TRMB

To provide specific investment advice or recommendations on Trimble stock, we recommend investors consider the following general factors when evaluating Trimble. This will help you to make an informed decision on whether to include Trimble in one of your diversified portfolios:

Examine Trimble's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Trimble's leadership team and their track record. Good management can help Trimble navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Measuring and Control Equipment space and any emerging trends that could impact Trimble's business and its evolving consumer preferences.
Compare Trimble's performance and market position to its competitors. Analyze how Trimble is positioned in terms of product offerings, innovation, and market share.
Check if Trimble pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Trimble's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Trimble stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Trimble is a good investment.

Sell

Buy

Strong Sell

Macroaxis provides unbiased trade recommendation on Trimble that should be used to complement current analysts and expert consensus on Trimble. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Trimble is not overpriced, please validate all Trimble fundamentals, including its price to earning, cash per share, price to earnings to growth, as well as the relationship between the gross profit and book value per share . Given that Trimble has a price to earning of 30.16 X, we advise you to double-check Trimble market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Market Performance	Very Weak	Details
Volatility	Very steady	Details
Hype Condition	Stale	Details
Current Valuation	Overvalued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Moves indifferently to market moves	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Not Available	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unavailable	Details

Examine Trimble Stock

Researching Trimble's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 100.0% of the company shares are owned by institutional investors. The book value of Trimble was at this time reported as 23.37. The company has Price/Earnings To Growth (PEG) ratio of 2.2. Trimble recorded earning per share (EPS) of 6.09. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 21st of March 2013.

To determine if Trimble is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Trimble's research are outlined below:

	Trimble generated a negative expected return over the last 90 days
	Trimble currently holds 1.51 B in liabilities with Debt to Equity (D/E) ratio of 0.44, which is about average as compared to similar companies. Trimble has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Trimble's use of debt, we should always consider it together with its cash and equity.
	Over 100.0% of Trimble shares are owned by institutional investors

Trimble uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Trimble. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Trimble's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	12th of February 2024 Upcoming Quarterly Report	View
	1st of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	14th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Trimble's market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 15.41 B.

Trimble's profitablity analysis

The company has Profit Margin (PM) of 0.41 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.18 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.18.

Determining Trimble's profitability involves analyzing its financial statements and using various financial metrics to determine if Trimble is a good buy. For example, gross profit margin measures Trimble's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Trimble's profitability and make more informed investment decisions.

Please note, the presentation of Trimble's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trimble's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Trimble's management manipulating its earnings.

Basic technical analysis of Trimble Stock

As of the 4th of May, Trimble has the Risk Adjusted Performance of (0.10), variance of 7.76, and Coefficient Of Variation of (1,577). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trimble, as well as the relationship between them.

Trimble's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Trimble insiders, such as employees or executives, is commonly permitted as long as it does not rely on Trimble's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Trimble insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Julie Shepard over two weeks ago Disposition of 1098 shares by Julie Shepard of Trimble subject to Rule 16b-3
		Keating Christopher F over two weeks ago Insider Trading
		Keating Christopher F over three weeks ago Insider Trading
		Keating Christopher F over a month ago Insider Trading
		Keating Christopher F over a month ago Insider Trading
		Keating Christopher F over a month ago Insider Trading
		Keating Christopher F over a month ago Insider Trading
		Keating Christopher F over a month ago Insider Trading
		Keating Christopher F over a month ago Insider Trading
		Keating Christopher F over a month ago Insider Trading
		Keating Christopher F over a month ago Insider Trading
		Keating Christopher F over a month ago Insider Trading

Trimble's Outstanding Corporate Bonds

Trimble issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Trimble uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Trimble bonds can be classified according to their maturity, which is the date when Trimble has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	US896288AA51 Corp Bond US896288AA51	View
	US896215AH37 Corp Bond US896215AH37	View
	MGM Resorts International Corp Bond US552953CD18	View
	US896239AC42 Corp Bond US896239AC42	View
	TRMB 61 15 MAR 33 Corp Bond US896239AE08	View

View All Trimble Corporate Bonds

Understand Trimble's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Trimble's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	(0.10)
	Market Risk Adjusted Performance	1.04
	Mean Deviation	1.85
	Coefficient Of Variation	(1,577)
	Standard Deviation	2.79
	Variance	7.76
	Information Ratio	(0.03)
	Jensen Alpha	(0.21)
	Total Risk Alpha	0.0094
	Treynor Ratio	1.03
	Maximum Drawdown	17.17
	Value At Risk	(3.69)
	Potential Upside	3.28
	Skewness	0.4217
	Kurtosis	5.6

	Risk Adjusted Performance	(0.10)
	Market Risk Adjusted Performance	1.04
	Mean Deviation	1.85
	Coefficient Of Variation	(1,577)
	Standard Deviation	2.79
	Variance	7.76
	Information Ratio	(0.03)
	Jensen Alpha	(0.21)
	Total Risk Alpha	0.0094
	Treynor Ratio	1.03
	Maximum Drawdown	17.17
	Value At Risk	(3.69)
	Potential Upside	3.28
	Skewness	0.4217
	Kurtosis	5.6

Consider Trimble's intraday indicators

Trimble intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Trimble stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0201
	Daily Balance Of Power	1.576923
	Rate Of Daily Change	1.03
	Day Median Price	64.05
	Day Typical Price	64.23
	Market Facilitation Index	1.3
	Price Action Indicator	1.57
	Period Momentum Indicator	2.05
	Relative Strength Index	49.32

Trimble time-series forecasting models is one of many Trimble's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Trimble's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Trimble Stock media impact

There is far too much social signal, news, headlines, and media speculation about Trimble that are available to investors today. This information is accessible both publicly - through Trimble's media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Trimble-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.

A primary focus of Trimble news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Trimble relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Trimble's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Trimble alpha.

Trimble Corporate Management

Julie Shepard	Principal Accounting Officer and VP of Fin.	Profile
Jennifer Allison	Corporate Counsel	Profile
Shaun Callaghan	Sector Sales	Profile
Padmaprakash Iyer	VP Strategy	Profile
Garland Jackson	Senior Transportation	Profile
Michael Leyba	IR Contact Officer	Profile
Leah Lambertson	Senior Sustainability	Profile

When determining whether Trimble offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trimble's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trimble Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trimble Stock: