Wall Street analysts have placed a $25.222 short term stock price target on Trimble Navigation Limited (NASDAQ:TRMB) company shares. This is the consensus, or average number, based on the 9 weighing in on the name. The most lofty target stands at $32 while the most conservative analyst has a $20 on the equity.
Zacks also provides an average broker rating based on sell-side recommendations from covering analysts. This yields a more retail-friendly number as a means of simplifying often complicated brokerage recommendations. Shares of Trimble Navigation Limited currently have an ABR of 1.85. This number is scaled on a 1 to 5 basis with 1 representing a “Strong Buy” and 5 a “Strong Sell” recommendation.
For the current fiscal period, Wall Street analysts are projecting that the firm will post earnings of $0.21 per share. This is the Zacks consensus EPS calculated at the time of writing. For the most recent period which closed on 2015-09-30, Trimble Navigation Limited reported EPS of $0.26. This yielded a surprise factor of 36.84%, or $0.07 away from what analysts had anticipated. An important date for investors to mark on their calendars will be 2016-02-09, which is approximately when the company is expected to next release quarterly results.
Trimble Navigation Limited (Trimble) provides technology solutions. The Company’s solutions are used across a range of industries, including agriculture, architecture, civil engineering, construction, environmental management, government, natural resources, transportation and utilities. As of December 28, 2012 (fiscal 2012), the Company acquired Vico Software, Inc.; the assets of Refraction Technology, Inc. (REF TEK); TMW Systems Holding LLC, including its operating subsidiary, TMW Systems, Inc. (TMW); Logicway of Oldenzaal; WinEstimator, Inc.; Gatewing of Gent, a provider of lightweight unmanned aerial vehicles for photogrammetry. In August 2013, Trimble Navigation Ltd acquired the assets of RainWave, LLC and Hydro-Engineering Solutions, LLC of Auburn, Ala. In November 2013, the Company acquired CSC (UK) Ltd. from ISIS Equity Partners LLP. Effective November 21, 2013, Trimble Navigation Ltd acquired CSC (UK) Ltd.