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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Trimble Inc. To summarize, we found that Trimble Inc ranked in the 26th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for TRMB, they are:
As a business, TRMB is generating more cash flow than 75.39% of positive cash flow stocks in the Technology.
The business' balance sheet suggests that 9% of the company's capital is sourced from debt; this is greater than only 24.99% of the free cash flow producing stocks we're observing.
Trimble Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CYBR, ASML, DSGX, HMSY, and SVMK can be thought of as valuation peers to TRMB, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
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ConocoPhillips' acquisition of Concho Resources has set off a few changes to the S&P Dow Jones Indices. Trimble (TRMB), currently in the S&P MidCap 400, is moving into the S&P 500 to take Concho's place. Trimble shares are up 2% after hours. Taking Trimble's place in the MidCap 400 is...
S&P MidCap 400 constituent Trimble Inc. (NASD:TRMB) will replace Concho Resources Inc. (NYSE:CXO) in the S&P 500, S&P SmallCap 600 constituent YETI Holdings Inc. (NYSE:YETI) will replace Trimble in the S&P MidCap 400, and Hilltop Holdings Inc. (NYSE:HTH) will replace YETI Holdings in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, January 21. S&P 500/100 constituent ConocoPhillips (NYSE: COP) acquired Concho Resources in a deal completed today.
DUBLIN--(BUSINESS WIRE)--The "Surveying & Mapping Services - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Surveying and Mapping Services Market to Reach US$48.5 Billion by the Year 2027 Amid the COVID-19 crisis, the global market for Surveying and Mapping Services estimated at US$42.1 Billion in the year 2020, is projected to reach a revised size of US$48.5 Billion by 2027, growing at a CAGR of 2% over the analysis period 2020-