Trimble Navigation (NASDAQ:TRMB) shares traded -4.17% down during most recent session to reach at the closing price of $40.4. The stock exchanged hands 1.74 Million shares versus average trading capacity of 972.57 Million shares, yielding a market cap of $10.16 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $44.38 within the next 52-weeks. The mean target projections are based on 8 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Trimble Navigation (NASDAQ:TRMB) high price target of $52 and with a conservative view have low price target of $35.
“Upgrades” Trimble Navigation (NASDAQ:TRMB) in a research note issued to investors on 1/10/19 to Overweight with price target of $40.
Additionally on 11/02/18 “Maintained” Trimble Navigation (NASDAQ:TRMB) to Outperform setting price target at $47 and on 4/17/18 “Upgrades” the stock to Buy. Furthermore on 1/31/18 “Maintained” the stock to Outperform at $50.
On the other hand the company has Relative Strength Index (RSI 14) of 43.78 along with Average True Range (ATR 14) of 1, Consequently Trimble Navigation (NASDAQ:TRMB)’s weekly and monthly volatility is 2.05%, 2.15% respectively. The company’s beta value is at 2.12.
In terms of Buy, Sell or Hold recommendations, Trimble Navigation (NASDAQ:TRMB) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Trimble Navigation (NASDAQ:TRMB)’s minimum EPS for the current quarter is at $0.53 and can go high up to $0.57. The consensus mean EPS for the current quarter is at $0.54 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.5 earnings per share for the same quarter during last year.
Previously Trimble Navigation (NASDAQ:TRMB) reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $-0.01. The company posted an earnings surprise of -2.2%.
Trimble Navigation (NASDAQ:TRMB)’s revenue estimates for the current quarter are $865.65 Million according to 10 number of analysts, for the current quarter the company has high revenue estimates of $871.81 Million in contradiction of low revenue estimates of $853.82 Million. For the current year the company’s revenue estimates are $3.37 Billion compared to low analyst estimates of $3.32 Billion and high estimates of $3.42 Billion according to 12 number of analysts.
Currently Trimble Navigation (NASDAQ:TRMB)’s shares owned by insiders are 0.4%, whereas shares owned by institutional owners are 97.3%. However the six-month change in the insider ownership was recorded -43.26%, as well as three-month change in the institutional ownership was recorded 0.06%.
Trimble Navigation (NASDAQ:TRMB)’s trailing twelve month revenues are $3.17 Billion, whereas its price to sales ratio for the same period is 3.21. Its book value per share for the most recent quarter is $10.9 while its price to book ratio for the same period is 3.71, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 4.75 whereas its trailing twelve month P/E ratio is 33.28.