Trimble Stock Performance
| TRMB Stock | USD 75.38 0.61 0.82% |
On a scale of 0 to 100, Trimble holds a performance score of 11. The entity has a beta of 1.94, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Trimble will likely underperform. Please check Trimble's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Trimble's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Trimble are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat abnormal primary indicators, Trimble sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 271 M |
Trimble |
Trimble Relative Risk vs. Return Landscape
If you would invest 6,131 in Trimble on November 2, 2024 and sell it today you would earn a total of 1,407 from holding Trimble or generate 22.95% return on investment over 90 days. Trimble is currently generating 0.3754% in daily expected returns and assumes 2.5943% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of stocks are less volatile than Trimble, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Trimble Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trimble's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Trimble, and traders can use it to determine the average amount a Trimble's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1447
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Trimble is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Trimble by adding it to a well-diversified portfolio.
Trimble Fundamentals Growth
Trimble Stock prices reflect investors' perceptions of the future prospects and financial health of Trimble, and Trimble fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Trimble Stock performance.
| Return On Equity | 0.29 | ||||
| Return On Asset | 0.0321 | ||||
| Profit Margin | 0.41 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 19.25 B | ||||
| Shares Outstanding | 245.79 M | ||||
| Price To Earning | 30.16 X | ||||
| Price To Book | 3.13 X | ||||
| Price To Sales | 5.10 X | ||||
| Revenue | 3.8 B | ||||
| EBITDA | 768.6 M | ||||
| Cash And Equivalents | 308.7 M | ||||
| Cash Per Share | 1.25 X | ||||
| Total Debt | 3.22 B | ||||
| Debt To Equity | 0.44 % | ||||
| Book Value Per Share | 23.92 X | ||||
| Cash Flow From Operations | 597.1 M | ||||
| Earnings Per Share | 5.98 X | ||||
| Total Asset | 9.54 B | ||||
| Retained Earnings | 2.44 B | ||||
| Current Asset | 798.4 M | ||||
| Current Liabilities | 660.9 M | ||||
About Trimble Performance
By analyzing Trimble's fundamental ratios, stakeholders can gain valuable insights into Trimble's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Trimble has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Trimble has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. Trimble Inc. was founded in 1978 and is headquartered in Westminster, Colorado. Trimble Navigation operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 11931 people.Things to note about Trimble performance evaluation
Checking the ongoing alerts about Trimble for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Trimble help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trimble currently holds 3.22 B in liabilities with Debt to Equity (D/E) ratio of 0.44, which is about average as compared to similar companies. Trimble has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Trimble's use of debt, we should always consider it together with its cash and equity. | |
| Over 97.0% of Trimble shares are owned by institutional investors |
- Analyzing Trimble's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Trimble's stock is overvalued or undervalued compared to its peers.
- Examining Trimble's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Trimble's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trimble's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trimble's stock. These opinions can provide insight into Trimble's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Trimble Stock analysis
When running Trimble's price analysis, check to measure Trimble's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trimble is operating at the current time. Most of Trimble's value examination focuses on studying past and present price action to predict the probability of Trimble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trimble's price. Additionally, you may evaluate how the addition of Trimble to your portfolios can decrease your overall portfolio volatility.
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