Trimble is evolving into a software-driven, recurring-revenue business, yet the stock trades at a discounted low-teens forward earnings multiple. Q1 results showed 12% organic revenue growth, 13% ARR growth, 71% gross margin, and robust free cash flow, supporting the software transition thesis. TRMB's valuation is attractive versus peers like Bentley and PTC, with margin expansion, ARR growth, and buybacks supporting the investment case despite cyclical risks.
Trimble (TRMB) reported earnings 30 days ago. What's next for the stock?
Trimble Inc. (TRMB) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
| Automobile Components Industry | Consumer Discretionary Sector | Robert G. Painter CEO | XFRA Exchange | 896239100 CUSIP |
| US Country | 12,100 Employees | - Last Dividend | 21 Mar 2013 Last Split | 20 Jul 1990 IPO Date |
Trimble Inc. specializes in providing advanced technology solutions tailored for professionals and field mobile workers to improve or transform their work processes across the globe. Originally known as Trimble Navigation Limited until a name change in October 2016, the company has been at the forefront of innovation since its establishment in 1978, with headquarters in Sunnyvale, California. Through its diverse range of products and services, Trimble Inc. caters to industries involved in building and infrastructure, geospatial analysis, resource management and utilities, as well as transportation and logistics, thereby playing a critical role in numerous sectors by facilitating efficiency, precision, and productivity.
Buildings and Infrastructure: Trimble provides a comprehensive suite of technologies designed for the architecture, engineering, construction, and operations (AECO) sector. These include:
Geospatial Segment: This segment offers a range of products for precise surveying and geospatial analysis, including:
Resources and Utilities: To support the agriculture industry, Trimble offers precision agriculture products and services, such as:
Transportation: Trimble delivers solutions targeting the transportation and logistics sector, encompassing: