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Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes in North America, Europe, the Asia Pacific, and internationally. The company offers architecture design, engineering, construction, and owner software products. It also provides field-based data collection systems and field software, and real-time communications systems, as well as back-office software for data processing, modeling, monitoring, reporting, and analysis; office-based products, including software for planning, data processing and editing, quality control, 3D modeling, intelligent data analysis and AI-based feature extraction, deformation monitoring, project reporting, and data export; field and office software for project design and visualization; software for 3D design and data sharing; systems to guide and control construction equipment; and software to facilitate the management of the construction process. In addition, the company offers positioning services comprising VRSNow; CenterPoint RTX; FieldPoint RTX; Rangepoint RTX; ViewPoint RTX; Trimble xFill; and OmniSTAR (HP, XP, G2, and VBS) services. Further, it provides transportation management system that automates business processes for shippers, carriers, and intermediaries, delivering visibility, control, and decision support, as well as truck routing, mileage, mapping, and voice navigation solutions; and transporeon solutions that offers freight sourcing and procurement, including dock and yard management, and freight auditing. It serves architecture, engineering, construction, design, asset management, operations, and maintenance; private, commercial, and government; and shippers, carriers, and intermediaries customers. 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 Westminster, Colorado.
Strategic Shift | Trimble's transformation to a software-oriented model with recurring revenue focus promises enhanced growth and stability in the tech solutions secto |
Financial Targets | Explore Trimble's ambitious goals, including 7-9% organic revenue growth and EPS growth projected to rise to low-mid teens, signaling strong future prospects |
Analyst Optimism | Learn why analysts are bullish on Trimble, with price targets ranging from $73 to $90, reflecting confidence in the company's strategic realignment |
Market Positioning | Delve into Trimble's competitive edge as it streamlines operations and focuses on high-growth segments, potentially outperforming Vertical Software peers |
Metrics to compare | TRMB | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipTRMBPeersSector | |
---|---|---|---|---|
P/E Ratio | 13.4x | −2.6x | 11.8x | |
PEG Ratio | 0.02 | −0.04 | 0.01 | |
Price/Book | 3.8x | 4.5x | 2.4x | |
Price / LTM Sales | 5.7x | 5.0x | 2.2x | |
Upside (Analyst Target) | −0.3% | −14.9% | 18.8% | |
Fair Value Upside | Unlock | −18.3% | 5.7% | Unlock |