Trimble Inc (NASDAQ: TRMB) has reported E.P.S. of $0.17 for its third fiscal quarter (ending September 30) versus $0.30 for the same period a year ago — a decline of -43%. For the latest four quarters through September 30, E.P.S. were $6.01 versus $1.35 for the same period a year ago — an increase of 345%.
Recent Price Action
Trimble Inc (NASDAQ: TRMB) stock closed at $72.64 on 11/6/24 after a major increase of 17.9%. Moreover, trading volume in this advance was exceptionally high at 338% of normal. The stock has risen 17.8% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TRMB is expected to continue to be an important Value Builder.
Trimble has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Trimble has a slightly negative Appreciation Score of 40 and a slightly negative Power Rating of 38, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment