Trimble (TRMB) AI Stock Analysis

• Market Cap: $16.96B
• Dividend Yield: N/A
• Average Volume (3M): 1.28M
• Price to Earnings (P/E): 11.6
• Beta (1Y): 1.21
• Revenue Growth: -6.93%
• EPS Growth: 537.94%
• Country: US
• Employees: 12,100
• Sector: Technology
• Sector Strength: 79
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.61
• Shares Outstanding: 238,586,910
• 10 Day Avg. Volume: 1,095,651
• 30 Day Avg. Volume: 1,282,241
• PEG Ratio: -3.65
• Price to Book (P/B): 3.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 36.12
• Enterprise Value/Market Cap: 0.82
• Enterprise Value/Revenue: 0.95
• Enterprise Value/Gross Profit: 5.84
• Enterprise Value/Ebitda: 5.65
• 1Y Price Target: $84.00
• Price Target Upside: 18.18% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 77 Outperform
• Price Target: $81.00 ▲(13.96%Upside)

Trimble's stock is supported by strong financial performance, particularly in profitability and balance sheet strength. Technical indicators show positive momentum, though caution is advised due to overbought signals. Valuation metrics suggest the stock is undervalued, enhancing its appeal. The earnings call provided positive insights on growth and innovation, despite caution due to macroeconomic risks.

Positive Factors

Business Model Resilience

Trimble demonstrated its resilient business model amidst a lot of uncertainty.

Financial Performance

Trimble delivered another solid quarter, beating Street consensus revenue by $29.7 million.

Strategic Focus

TRMB has divested its more macro-sensitive and underperforming Ag and mobility business to focus on faster-growing segments with better margin expansion opportunities.

Negative Factors

Market Uncertainty

Larger contractors, who are 10% of the business, are slowing buying decisions amidst the uncertainty.

Tariff Impact

Trimble faces a $10 million headwind from tariffs, which has led to a 4% price increase passed on to customers.

Trimble Business Overview & Revenue Model

Company Description

Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for route selection and design; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades. Its Geospatial segment provides surveying and geospatial products, and geographic information systems. The company's Resources and Utilities segment offers precision agriculture products and services, such as guidance and positioning systems, including autonomous steering systems, automated and variable-rate application and technology systems, and information management solutions; manual and automated navigation guidance for tractors and other farm equipment; solutions to automate application of pesticide and seeding; water solutions; and agricultural software. Its Transportation segment offers solutions for long haul trucking and freight shipper markets; mobility solutions comprising route management, safety and compliance, end-to-end vehicle management, video intelligence, and supply chain communications; and fleet and transportation management systems, analytics, routing, mapping, reporting, and predictive modeling solutions. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Sunnyvale, California.

How the Company Makes Money

Trimble makes money through the sale of its hardware products such as GPS systems, laser rangefinders, and UAVs, which are used in various industries for precise location tracking and data collection. Additionally, the company generates revenue through software solutions and subscription-based services that provide analytics and insights to enhance operational efficiency. Trimble also benefits from strategic partnerships and collaborations with industry leaders, which extend its market reach and enhance its product offerings. Services such as installation, maintenance, and training further contribute to its revenue streams.

Trimble Financial Statement Overview

Summary

Trimble demonstrates strong profitability with solid margins and an efficient balance sheet characterized by low leverage and high return on equity. Despite a slight revenue decline and reduced cash flow growth, the company maintains a strong financial position. Continued focus on revenue growth and cash flow improvement will be key for sustaining long-term performance.

Income Statement

The income statement reveals a stable performance with a gross profit margin of approximately 66.8% and a net profit margin of about 42.4% for TTM. There is a slight revenue decline from the previous annual period, but high profitability is maintained, indicating efficiency in cost management. The EBIT and EBITDA margins are also strong, suggesting robust operating performance.

Balance Sheet

The balance sheet indicates a solid financial position with a debt-to-equity ratio of approximately 0.26, reflecting low leverage. The equity ratio stands at 60.9%, showing a strong equity base. Return on equity is high at around 27.9%, demonstrating effective use of equity in generating profits. However, total assets have slightly declined, which could be a potential risk if the trend continues.

Cash Flow

Cash flow analysis shows a decrease in operating cash flow year-over-year, yet the company maintains a positive free cash flow. The free cash flow to net income ratio is healthy, indicating good cash generation relative to net profits. Nonetheless, the lower free cash flow growth rate suggests caution in future cash flow sustainability.

Breakdown
TTM	Mar 2025	Dec 2023	Dec 2022	Dec 2021	Mar 2021
Income Statement		Total Revenue
3.57B	3.68B	3.80B	3.68B	3.66B	3.15B
	Gross Profit
2.38B	2.40B	2.23B	2.11B	2.03B	1.75B
	EBIT
449.00M	460.70M	494.40M	510.90M	561.00M	419.80M
	EBITDA
532.20M	712.20M	768.60M	747.40M	845.80M	692.90M
	Net Income Common Stockholders
1.51B	1.50B	311.30M	449.70M	492.80M	389.90M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
290.00M	738.80M	229.80M	271.00M	325.70M	237.70M
	Total Assets
8.90B	9.49B	9.54B	7.27B	7.10B	6.88B
	Total Debt
1.39B	1.51B	3.22B	1.63B	1.41B	1.66B
	Net Debt
1.10B	775.20M	2.99B	1.35B	1.09B	1.42B
	Total Liabilities
3.48B	3.74B	5.04B	3.22B	3.15B	3.28B
	Stockholders Equity
5.42B	5.75B	4.50B	4.05B	3.94B	3.60B
Cash Flow		Free Cash Flow
419.80M	497.80M	555.10M	348.00M	704.40M	615.20M
	Operating Cash Flow
453.20M	531.40M	597.10M	391.20M	750.50M	672.00M
	Investing Cash Flow
1.85B	1.86B	-2.07B	-226.30M	-203.50M	-231.80M
	Financing Cash Flow
-2.27B	-1.86B	1.43B	-199.00M	-447.70M	-400.30M

Trimble Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 71.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRMB, the sentiment is Positive. The current price of 71.08 is below the 20-day moving average (MA) of 71.66, above the 50-day MA of 65.95, and above the 200-day MA of 67.36, indicating a neutral trend. The MACD of 1.32 indicates Positive momentum. The RSI at 54.42 is Neutral, neither overbought nor oversold. The STOCH value of 58.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TRMB.

Trimble Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BSY	81 Outperform	$14.97B	62.73	25.20%	0.57%	10.71%	-27.64%
UMC	78 Outperform	$20.17B	14.73	11.65%	5.71%	2.22%	-22.39%
NTAP	77 Outperform	$20.13B	17.71	108.51%	2.07%	5.02%	22.19%
TRMB	77 Outperform	$16.96B	11.57	31.00%	―	-6.93%	537.94%
STM	71 Outperform	$26.51B	24.87	6.33%	1.23%	-25.35%	-70.00%
ON	65 Neutral	$21.32B	35.39	7.85%	―	-18.28%	-70.98%
Sector *	62 Neutral	$11.80B	10.10	-7.47%	2.99%	7.37%	-8.16%

Trimble Corporate Events

Trimble Receives Nasdaq Deficiency Notice for 10-K Delay

Trimble Inc. announced that it received a deficiency notice from Nasdaq due to a delay in filing its 2024 Form 10-K, which is required for compliance with Nasdaq Listing Rule 5250(c)(1). The notice does not immediately affect the trading of Trimble’s stock, and the company has 60 days to submit a compliance plan. The delay was attributed to the time needed to amend the 2023 Form 10-K and file quarterly reports for 2024. Trimble expects no discrepancies in its financial results and aims to file the 2024 Form 10-K promptly.