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Trimble Inc Stock Research

TRMB

49.72USD+0.28(+0.57%)Market Closed

Market Summary

USD49.72+0.28
Market Closed
0.57%

TRMB Alerts

TRMB Stock Price

TRMB RSI Chart

TRMB Valuation

Market Cap

12.3B

Price/Earnings (Trailing)

27.3

Price/Sales (Trailing)

3.34

EV/EBITDA

24.57

Price/Free Cashflow

35.28

TRMB Price/Sales (Trailing)

TRMB Profitability

EBT Margin

15.48%

Return on Equity

11.1%

Return on Assets

6.19%

Free Cashflow Yield

2.83%

TRMB Fundamentals

TRMB Revenue

Revenue (TTM)

3.7B

Revenue Y/Y

-7.51%

Revenue Q/Q

-3.21%

TRMB Earnings

Earnings (TTM)

449.7M

Earnings Y/Y

-25.76%

Earnings Q/Q

-0.23%

Price Action

52 Week Range

47.0974.87
(Low)(High)

Last 7 days

0.0%

Last 30 days

-6.7%

Last 90 days

1.9%

Trailing 12 Months

-30.5%

TRMB Financial Health

Current Ratio

1.04

Debt/Equity

0.3

Debt/Cashflow

0.32

TRMB Investor Care

Buy Backs (1Y)

1.59%

Diluted EPS (TTM)

1.8

Peers (Alternatives to Trimble)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
46.6B
12.6B
1.84% 4.56%
24.48
3.69
16.06% 19.58%
33.7B
5.4B
-1.89% -1.50%
30.02
6.23
9.69% 25.73%
14.9B
5.8B
-5.29% -32.44%
30.01
2.57
2.74% -44.68%
12.3B
3.7B
-6.68% -30.50%
27.3
3.34
0.47% -8.73%
MID-CAP
8.2B
1.0B
2.52% -34.98%
38.21
8.19
-2.99% -22.99%
8.0B
1.2B
0.58% 9.22%
43.62
6.47
-0.48% -28.07%
6.6B
-
9.93% -49.20%
57.31
4.28
- -
5.1B
4.4B
-21.15% -32.16%
570.37
1.14
38.72% -97.10%
3.4B
565.6M
-0.77% 19.12%
51.88
6.1
11.95% 9.22%
2.4B
1.8B
-7.06% -0.37%
-243.67
1.32
-9.39% 88.02%
SMALL-CAP
1.5B
1.2B
-15.18% -1.61%
15.83
1.29
-0.75% -27.24%
1.3B
2.5B
-8.23% -14.34%
13.28
0.52
13.87% 14.08%
442.6M
345.8M
-14.61% -56.79%
-16.54
1.28
2.35% 33.05%
115.7M
51.2M
-15.81% 40.30%
-2.9
2.26
25.97% -8.50%
73.4M
22.2M
-8.66% -3.23%
17.06
3.3
4.19% -13.07%

Financials for Trimble

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-1.9%3,6763,7463,7623,7663,659
Gross Profit-0.4%2,1062,1142,1032,0912,035
Operating Expenses1.4%1,5951,5721,5361,5141,474
  S&GA Expenses2.2%554542530516507
  R&D Expenses-0.3%542544549548537
EBITDA-6.2%538574612552-
EBITDA Margin-4.4%0.15*0.15*0.16*0.15*-
Earnings Before Taxes-4.5%569596635576575
EBT Margin-2.7%0.15*0.16*0.17*0.15*-
Interest Expenses-13.0%-71.10-62.90-63.20-64.50-65.40
Net Income-6.2%450479518489493
Net Income Margin-4.4%0.12*0.13*0.14*0.13*-
Free Cahsflow-10.6%348389470625-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.7%7,2697,0786,9207,1777,100
  Current Assets5.8%1,5181,4351,4751,5661,451
    Cash Equivalents-12.2%271309350357326
  Inventory2.9%403391372401363
  Net PPE-0.9%219221229235233
  Goodwill2.5%4,1384,0373,8863,9713,982
Liabilities-0.4%3,2193,2333,0253,1903,155
  Current Liabilities1.2%1,4621,4451,4501,2471,189
  Long Term Debt-5.7%1,2201,2941,293--
    LT Debt, Current-12.7%300344300--
    LT Debt, Non Current25.2%1,2459941,293--
Shareholder's Equity5.3%4,0503,8453,8953,9883,945
  Retained Earnings3.6%2,2302,1522,1462,1702,171
  Additional Paid-In Capital1.4%2,0552,0271,9881,9811,936
Shares Outstanding0.1%247247248250251
Minority Interest------
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-11.2%391440524675751
  Share Based Compensation-0.2%120121121124123
Cashflow From Investing44.4%-226-406-74.10-207-203
Cashflow From Financing0.3%-199-199-559-370-447
  Buy Backs-9.2%395435445245180

Risks for TRMB

What is the probability of a big loss on TRMB?

74.6%


Probability that Trimble stock will be more than 20% underwater in next one year

57.3%


Probability that Trimble stock will be more than 30% underwater in next one year.

22.7%


Probability that Trimble stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TRMB drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Trimble was unfortunately bought at previous high price.

Drawdowns

Returns for TRMB

Cumulative Returns on TRMB

5.3%


10-Year Cumulative Returns

10.5%


7-Year Cumulative Returns

7.4%


5-Year Cumulative Returns

20.1%


3-Year Cumulative Returns

What are the long-term rolling returns for TRMB?

FIve years rolling returns for Trimble.

Annualized Returns

Which funds bought or sold TRMB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
ETF MANAGERS GROUP, LLC
added
3.77
-16,681
498,319
0.02%
2023-03-23
MetLife Investment Management, LLC
reduced
-2.1
-313,798
3,255,810
0.03%
2023-03-17
American Portfolios Advisors
added
19.53
72,450
707,681
0.03%
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-7.74
-50,808
297,192
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
16.81
650,142
8,021,140
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-65.89
-26,693,000
12,435,000
0.06%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
53.93
4,865
14,865
0.01%
2023-03-01
BENNICAS & ASSOCIATES, INC.
unchanged
-
-15,311
206,689
0.12%
2023-02-28
Voya Investment Management LLC
added
0.51
-504,585
7,427,420
0.01%
2023-02-24
NATIXIS
added
77.96
879,898
2,247,900
0.01%

1–10 of 48

Latest Funds Activity

Are funds buying TRMB calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own TRMB
No. of Funds

Trimble News

Opto RoW

From $3.7bn to $150m: what led to Virgin Orbit's meteoric fall?.

Opto RoW,
14 hours ago

Simply Wall St

Schedule 13G FIlings of Trimble

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
7.1%
17,399,992
SC 13G/A
Feb 09, 2023
vanguard group inc
11.37%
28,049,922
SC 13G/A
Feb 07, 2023
blackrock inc.
8.2%
20,344,365
SC 13G/A
Feb 11, 2022
capital international investors
7.0%
17,645,934
SC 13G/A
Feb 10, 2022
vanguard group inc
10.85%
27,233,198
SC 13G/A
Feb 01, 2022
blackrock inc.
7.4%
18,534,179
SC 13G/A
Feb 16, 2021
capital international investors
9.7%
24,247,426
SC 13G/A
Feb 10, 2021
vanguard group inc
9.32%
23,317,061
SC 13G/A
Feb 10, 2021
vanguard group inc
10.88%
27,212,197
SC 13G/A
Jan 27, 2021
blackrock inc.
10.0%
25,108,869
SC 13G/A

TRMB Fair Value

Trimble fair value in different scenarios

The table shows the Fair Value estimates for Trimble for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

19.23

-61.32%

26.85

-46.00%

35.86

-27.88%

45.80

-7.88%

52.38

5.35%
Current Inflation

18.17

-63.46%

24.82

-50.08%

32.40

-34.84%

40.79

-17.96%

46.29

-6.90%
Very High Inflation

16.84

-66.13%

22.33

-55.09%

28.29

-43.10%

34.92

-29.77%

39.22

-21.12%

Historical Trimble Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Trimble

View All Filings
Date Filed Form Type Document
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 09, 2023
8-K
Current Report

Latest Insider Trading transactions for TRMB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
Large Peter
sold
-48,554
51.11
-950
senior vice president
2023-03-03
Dalton James Calvin
sold
-79,807
53.205
-1,500
-
2023-02-16
PAINTER ROBERT G
sold
-277,061
55.4121
-5,000
president & ceo
2023-02-15
BERGLUND STEVEN W
sold (taxes)
-401,615
55.61
-7,222
executive chairman
2023-02-15
BERGLUND STEVEN W
acquired
837,820
55.61
15,066
executive chairman
2023-01-17
BERGLUND STEVEN W
sold (taxes)
-530,193
54.14
-9,793
executive chairman
2023-01-17
PAINTER ROBERT G
sold (taxes)
-690,772
54.14
-12,759
president & ceo
2023-01-17
BERGLUND STEVEN W
acquired
1,419,060
54.14
26,211
executive chairman
2023-01-17
PAINTER ROBERT G
acquired
1,717,480
54.14
31,723
president & ceo
2022-12-15
Large Peter
sold (taxes)
-21,387
54.56
-392
senior vice president

1–10 of 50

About Trimble

TRMB Income Statement

2022-12-30
Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 30, 2022
Dec. 31, 2021
Jan. 01, 2021
Revenue:   
Total revenue$ 3,676.3$ 3,659.1$ 3,147.7
Cost of sales:   
Amortization of purchased intangible assets85.087.792.3
Total cost of sales1,570.71,624.41,392.8
Gross margin2,105.62,034.71,754.9
Operating expense:   
Research and development542.1536.6475.9
Sales and marketing553.6506.8467.0
General and administrative422.2369.1300.9
Restructuring charges30.210.325.8
Amortization of purchased intangible assets46.650.965.5
Total operating expense1,594.71,473.71,335.1
Operating income510.9561.0419.8
Non-operating income (expense), net:   
Divestitures gain, net99.041.413.1
Interest expense, net(71.1)(65.4)(77.6)
Income from equity method investments, net31.137.739.4
Other income (expense), net(0.8)(0.1)0.3
Total non-operating income (expense), net58.213.6(24.8)
Income before taxes569.1574.6395.0
Income tax provision119.481.84.4
Net income449.7492.8390.6
Net income attributable to noncontrolling interests0.00.10.7
Net income attributable to Trimble Inc.$ 449.7$ 492.7$ 389.9
Earnings per share attributable to Trimble Inc.:   
Basic (in dollars per share)$ 1.81$ 1.96$ 1.56
Diluted (in dollars per share)$ 1.80$ 1.94$ 1.55
Shares used in calculating earnings per share:   
Basic (in shares)248.6251.4250.5
Diluted (in shares)250.2254.3252.3
Product   
Revenue:   
Total revenue$ 2,152.0$ 2,247.5$ 1,828.0
Cost of sales:   
Cost of goods and service excluding amortization1,046.11,090.1855.0
Service   
Revenue:   
Total revenue641.3649.4644.8
Cost of sales:   
Cost of goods and service excluding amortization235.7229.9234.5
Subscription   
Revenue:   
Total revenue883.0762.2674.9
Cost of sales:   
Cost of goods and service excluding amortization$ 203.9$ 216.7$ 211.0

TRMB Balance Sheet

2022-12-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 271.0$ 325.7
Accounts receivable, net643.3624.8
Inventories402.5363.3
Other current assets201.4136.8
Total current assets1,518.21,450.6
Property and equipment, net219.0233.2
Operating lease right-of-use assets121.2141.0
Goodwill4,137.93,981.5
Other purchased intangible assets, net498.1506.6
Deferred income tax assets438.4502.0
Other non-current assets336.2284.7
Total assets7,269.07,099.6
Current liabilities:  
Short-term debt300.00.0
Accounts payable175.5207.3
Accrued compensation and benefits159.4231.0
Deferred revenue639.1548.8
Other current liabilities188.1201.5
Total current liabilities1,462.11,188.6
Long-term debt1,220.01,293.2
Deferred revenue, non-current98.583.0
Deferred income tax liabilities157.8263.1
Income taxes payable40.954.5
Operating lease liabilities105.1121.4
Other non-current liabilities134.4151.1
Total liabilities3,218.83,154.9
Commitments and contingencies (Note 9)
Stockholders’ equity:  
Preferred stock, $0.001 par value; 3.0 shares authorized; none issued and outstanding0.00.0
Common stock, $0.001 par value; 360.0 shares authorized; 246.9 and 250.9 shares issued and outstanding at the end of 2022 and 20210.20.3
Additional paid-in-capital2,054.91,935.6
Retained earnings2,230.02,170.5
Accumulated other comprehensive loss(234.9)(161.7)
Total Trimble Inc. stockholders’ equity4,050.23,944.7
Total liabilities and stockholders’ equity$ 7,269.0$ 7,099.6