Trimble Navigation (TRMB) to Release Earnings on Thursday
Trimble Navigation (NASDAQ:TRMB) is scheduled to issue its Q313 quarterly earnings data on Thursday, October 31st. Analysts expect the company to announce earnings of $0.36 per share and revenue of $559.07 million for the quarter.
Trimble Navigation (NASDAQ:TRMB) traded up 0.89% during mid-day trading on Wednesday, hitting $28.45. 706,313 shares of the company’s stock traded hands. Trimble Navigation has a 1-year low of $22.58 and a 1-year high of $32.03. The stock has a 50-day moving average of $26.67 and a 200-day moving average of $27.75. The company has a market cap of $7.304 billion and a P/E ratio of 38.32.
Several analysts have recently commented on the stock. Analysts at Needham & Company downgraded shares of Trimble Navigation from a “buy” rating to a “hold” rating in a research note to investors on Monday. On the ratings front, analysts at Robert W. Baird initiated coverage on shares of Trimble Navigation in a research note to investors on Wednesday, September 4th. They set an “outperform” rating and a $36.00 price target on the stock. Finally, analysts at Lazard Capital Markets raised their price target on shares of Trimble Navigation from $31.00 to $32.00 in a research note to investors on Thursday, August 1st. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $31.70.
Trimble Navigation Limited (NASDAQ:TRMB) provides technology solutions.
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