TRMB has a market capitalization of $11,271,752,426 -- more than approximately 86.08% of US stocks.
TRMB's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 140.08 -- higher than 79.13% of US-listed equities with positive expected earnings growth.
Trimble Inc's stock had its IPO on March 3, 1992, making it an older stock than 81.19% of US equities in our set.
If you're looking for stocks that are quantitatively similar to Trimble Inc, a group of peers worth examining would be MDRX, CEMI, HTGM, FLIR, and VREX.
TRMB's SEC filings can be seen here. And to visit Trimble Inc's official web site, go to www.trimble.com.
Trimble Navigation applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location, including surveying, construction, agriculture, fleet and asset management, public safety and mapping. The company was founded in 1978 and is based in Sunnyvale, California.
TRMB Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for TRMB, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Trimble Inc ranked in the 34th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for TRMB, they are:
Trimble Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
The weighted average cost of capital for the company is 7. This value is greater than merely 15.97% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Trimble Inc? See ADSK, ALOT, ALRM, CDNS, and ESE.
Trimble (NASDAQ: TRMB) will hold a conference call on Wednesday, August 5, 2020 at 2 p.m. PT to review its second quarter 2020 results. The call will be broadcast live on the web at http://investor.trimble.com. Investors without internet access may dial into the call at 800-528-9198 (U.S.) or 702-928-6633 (international). The passcode is 7791485.
SUNNYVALE, Calif.--(BUSINESS WIRE)--Trimble (NASDAQ: TRMB) announced today that ProStar has joined Trimble's GIS Business Partner Program. As part of the program, ProStar has implemented the Trimble® Precision SDK (Software Developer Kit) to integrate high-accuracy positioning capability in its PointMan® mobile application running on smartphones and tablets using Trimble GNSS receivers. ProStar provides field crews with an easy-to-use mobile data collection solution designed to capture, record
Trimble (NASDAQ: TRMB) announced today that ProStar has joined Trimble's GIS Business Partner Program. As part of the program, ProStar has implemented the Trimble® Precision SDK (Software Developer Kit) to integrate high-accuracy positioning capability in its PointMan® mobile application running on smartphones and tablets using Trimble GNSS receivers. ProStar provides field crews with an easy-to-use mobile data collection solution designed to capture, record and provide real-time visualization of the precise locations of subsurface infrastructure, while utilizing a centralized database to permanently and securely store and share utility location records in the cloud. By adding the Trimble R Series and Trimble Catalyst™ receivers to the ProStar workflow, users can confidently access ...
Trimble (NASDAQ: TRMB) and Cityworks, a Trimble Company, announced today the release of a real-time asset management solution for water and wastewater utilities. The solution, available as a subscription, allows utilities to leverage sensor data, location intelligence and analytics in their asset management strategies by combining Cityworks® asset management software with Trimble's Telog® IoT recorders and the latest release of Trimble Unity™ Remote Monitoring Software-as-a Service (SaaS).