Trimble Inc.s in-depth stock price analysis indicates that the stock price has rallied 13.92% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 14.01% . Looking at the past 52 week period, the stock price is up at 46.93% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Trimble Inc. has a positive value of 21.57 compared to overall market. Trimble Inc. (NASDAQ:TRMB) has climbed 3.57% in the past week and advanced 1.26% in the last 4 weeks. The company has outperformed the S&P 500 by 2.73% in the past week but underperformed the index by 0.55% in the last 4 weeks.
Trimble Inc. (NASDAQ:TRMB) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.36 points or 1.14% at $31.34 with 1,471,556 shares getting traded. Post opening the session at $31.92, the shares hit an intraday low of $31.28 and an intraday high of $32.06 and the price was in this range throughout the day. The company has a market cap of $7,853 million and the number of outstanding shares has been calculated to be 250,583,800 shares. The 52-week high of Trimble Inc. (NASDAQ:TRMB) is $32.1875 and the 52-week low is $20.79.
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.
Several 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 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.