Latest news with #TrimbleInc
Yahoo
5 days ago
- Business
- Yahoo
JP Morgan Raises Trimble (TRMB) Price Target, Maintains Overweight Rating
Trimble Inc. (NASDAQ:TRMB) is one of the Best Industrial Automation Stocks to Buy for the Next Decade. JPMorgan has raised its price target on Trimble Inc. (NASDAQ:TRMB) to $95 from $88, maintaining its Overweight rating on the stock. The investment bank cited growing strength in the broader machinery group, driven by a mix of favorable legislative developments and macroeconomic shifts. A worker at a remote location using Automated Application Technology with their tablet and scanner. According to JPMorgan analysts, the recent passage of the 'One Big Beautiful Bill', which restores 100% bonus depreciation, has revived investor enthusiasm for capital-intensive sectors. This, combined with the delayed implementation of key tariffs and increasing confidence in forthcoming interest rate cuts from the Federal Reserve, has created a tailwind for machinery and equipment names. Historically, machinery stocks have performed well ahead of initial rate cuts, and JPMorgan believes this cycle will follow the same pattern. As such, the firm is recommending that investors increase exposure to the sector, with Trimble Inc. (NASDAQ:TRMB) standing out as a top pick. Trimble shares have already seen notable gains in recent weeks, reflecting optimism about demand recovery and structural investment in automation technologies across industries. With a strong presence in construction tech, geospatial software, and precision agriculture, Trimble is positioned to benefit from long-term infrastructure modernization and digital transformation trends. Trimble enables industrial automation through advanced GPS, construction tech, and geospatial software critical to precision workflows in manufacturing and infrastructure. While we acknowledge the potential of TRMB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Healthcare AI Stocks to Buy According to Hedge Funds and 10 Consumer Defensive Stocks to Buy Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
16-07-2025
- Business
- Yahoo
Earnings Preview: What To Expect From Trimble's Report
With a market cap of around $19 billion, Trimble Inc. (TRMB) is a leading provider of technology solutions that integrate real-time positioning with software and wireless communications to enhance productivity across industries. The company serves global markets with advanced tools for surveying, construction, transportation, and geospatial data management. Headquartered in Westminster, Colorado, the company is set to release its fiscal Q2 2025 earnings results on Tuesday, Aug. 5. Analysts expect the company to report EPS of $0.49, reflecting a 4.3% increase from $0.47 in the same quarter last year. Trimble has exceeded Wall Street's earnings expectations in three of the past four quarters while missing on another occasion. Dear Nvidia Stock Fans, Mark Your Calendars for July 16 How to Buy Tesla for a 13% Discount, or Achieve a 26% Annual Return Retirement Ready: 3 Dividend Stocks to Set and Forget Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2025, analysts expect the GPS manufacturer to report EPS of $2.35, a rise of 6.3% from $2.21 in fiscal 2024. Furthermore, EPS is predicted to grow over 14% year-over-year to $2.68 in fiscal 2026. TRMB stock has climbed 38.7% over the past 52 weeks, outperforming the broader S&P 500 Index's ($SPX) 10.9% increase and the Technology Select Sector SPDR Fund's (XLK) 10.1% return over the same period. Shares of Trimble rose 4.7% on May 7 after the company reported stronger-than-expected Q1 2025 results, with revenue of $840.6 million and adjusted EPS of $0.61. Strong demand for its navigation, mapping, and geospatial services across industries, along with the integration of AI and machine learning, drove performance. Additionally, the company reaffirmed its full-year 2025 guidance and projected Q2 revenue between $815 million and $845 million, above the midpoint of analysts' estimates. Analysts' consensus view on Trimble stock remains bullish, with an overall "Strong Buy" rating. Out of 11 analysts covering the stock, nine recommend a "Strong Buy," one has a "Moderate Buy," and one gives a "Hold" rating. As of writing, the stock is trading below the average analyst price target of $84.45. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
24-06-2025
- Business
- Yahoo
How Is Trimble's Stock Performance Compared to Other Technology Stocks?
Westminster, Colorado-based Trimble Inc. (TRMB) provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes in North America and internationally. With a market cap of $17.1 billion, the company offers architecture design, engineering, construction, and owner software products. Companies worth $10 billion or more are generally described as 'large-cap stocks,' and TRMB fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the scientific & technical instruments industry. The company gains competitive advantages through its strong technology portfolio, diversified business model, and expertise in positioning, modeling, connectivity, and data analytics, allowing it to connect the digital and physical worlds, enhancing productivity, quality, safety, and sustainability across various industries The Next Trillion-Dollar Boom? 3 Stocks to Buy with 300 Million Humanoid Robots on the Horizon. Warren Buffett's Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America Meta's Mark Zuckerberg Says the Technology They're Developing Will 'See What You See and Hear What You Hear' Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Despite its strengths, the stock has plunged 6.5% from its 52-week high of $77.78 touched on Jan. 24. Over the past three months, TRMB stock has grown 3.1%, underperforming the Technology Select Sector SPDR Fund's (XLK) 13.5% rise during the same time frame. TRMB stock has grown 2.9% on a YTD basis, underperforming XLK's 4.5% rise in 2025. However, TRMB has surged 29.5% over the past 52 weeks, outperforming XLK's 6.3% rally. To confirm its recent uptrend, TRMB has been trading above its 200-day and 50-day moving averages since early May. TRMB shares rose 4.7% following the release of its Q1 earnings on May 7. The GPS manufacturer posted a revenue of $840.6 million, which came on top of the Street's forecasts. Additionally, its adjusted earnings for the quarter came in at $0.48, which surpassed the consensus estimates by 4.4%. Looking ahead, the company expects its Q2 revenue to be in the range of $815 million and $845 million. Its peer, Teledyne Technologies Incorporated (TDY), has grown 5.8% in 2025 and 26.4% over the past year, slightly underperforming TRMB. Among the 11 analysts covering the TRMB stock, the consensus rating is a 'Strong Buy.' Its mean price target of $83.58 suggests an impressive 14.9% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Is Inspire Corporate Bond ETF (IBD) a Strong ETF Right Now?
Designed to provide broad exposure to the Investment Grade Corporate Bond ETFs category of the market, the Inspire Corporate Bond ETF (IBD) is a smart beta exchange traded fund launched on 07/10/2017. Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns. There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results. The fund is managed by Inspire. IBD has been able to amass assets over $380.93 million, making it one of the average sized ETFs in the Investment Grade Corporate Bond ETFs. Before fees and expenses, IBD seeks to match the performance of the Inspire Corporate Bond Impact Equal Weight Index. The Inspire Corporate Bond Impact Equal Weight Index is comprised of 250 investment grade, intermediate term corporate bonds issued by some of the most inspiring large cap blue chip companies in the United States. Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same. Operating expenses on an annual basis are 0.43% for this ETF, which makes it one of the most expensive products in the space. It has a 12-month trailing dividend yield of 4.25%. ETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. When you look at individual holdings, Trimble Inc 4.9 06/15/28 (896239AC4) accounts for about 1.85% of the fund's total assets, followed by Amphenol Corp. 4.35 06/01/29 (032095AH4) and Republic Services Inc. 3.95 05/15/28 (760759AT7). Its top 10 holdings account for approximately 18.27% of IBD's total assets under management. Year-to-date, the Inspire Corporate Bond ETF has added roughly 2.50% so far, and was up about 6.05% over the last 12 months (as of 05/29/2025). IBD has traded between $23.16 and $24.29 in this past 52-week period. IBD has a beta of 0.20 and standard deviation of 6.29% for the trailing three-year period. With about 249 holdings, it effectively diversifies company-specific risk. Inspire Corporate Bond ETF is not a suitable option for investors seeking to outperform the Investment Grade Corporate Bond ETFs segment of the market. Instead, there are other ETFs in the space which investors should consider. Vanguard ESG U.S. Stock ETF (ESGV) tracks FTSE US ALL CAP CHOICE INDEX and the iShares ESG Aware MSCI USA ETF (ESGU) tracks MSCI USA ESG Focus Index. Vanguard ESG U.S. Stock ETF has $10.12 billion in assets, iShares ESG Aware MSCI USA ETF has $13.30 billion. ESGV has an expense ratio of 0.09% and ESGU charges 0.15%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Investment Grade Corporate Bond ETFs. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inspire Corporate Bond ETF (IBD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports Vanguard ESG U.S. Stock ETF (ESGV): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
Trimble Unveils New Software to Enhance Construction Material Cost Control
On Thursday, US technology company Trimble Inc. (NASDAQ:TRMB) launched its new software solution called Trimble Materials. This end-to-end purchasing, inventory, and accounts payable solution is designed to enhance contractors' control over material costs. Trimble Inc.'s (NASDAQ:TRMB) vice-president and general manager of construction management solutions, Lawrence Smith, stated that Trimble Materials offers a cohesive solution by connecting material ordering, inventory, and accounting, which is particularly valuable given potential changes in tariff policy. Trimble Materials integrates seamlessly with Trimble's existing ERP solutions, which include Viewpoint Spectrum and Viewpoint Vista. A worker at a remote location using Automated Application Technology with their tablet and scanner. With Trimble Materials, field users can search for & request materials, view inventory, record received materials, and communicate effectively with the office. For office users, the software solution enables more efficient control, approval, & processing of orders, among other uses. Trimble Materials will be showcased at this year's Construction Financial Management Association National Conference and will be available as part of the Trimble Construction One software suite for North American contractors. While we acknowledge the potential of TRMB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TRMB and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
