logo
[breadcrumb_custom]

Tag: TRMB Stock

Stock

Can Trimble Inc Bounce Back? 52-Week Performance and Analyst Predictions

Trimble Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $65.55 on 03/21/24, with the lowest value being $39.57 on 11/01/23. 52-week price history of TRMB Stock A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Trimble Inc’s current trading price is -6.29% away from its 52-week high, while its distance from the 52-week low is 55.24%. The stock’s price range during this period has fluctuated between $39.57 and $65.55. Shares of the company, which operates in the Technology sector, recorded

Stock Investing

Reasons why investors should trust Trimble Inc. (TRMB) for the long-term      

Trimble Inc. (TRMB), which makes automation tools for agricultural and industrial equipment, released its first-quarter earnings last week. Record sales and positive expectations fueled the growth in quotes. On May 10, TRMB traded at $ 77.74. During the past quarter, Trimble was able to benefit from the recovery in its target markets. Revenue increased 12 % year-over-year to a record $ 886.5 million. Its recurring ARR revenue rose 9 % to $ 1.32 billion, its GAAP net income reached $114.5 million, and its earnings per common share reached $0.45. Operating cash flow increased 26 % to $ 744.5 million. Trimble