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How to Buy Trimble Stock

Trimble Inc

Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide.

Trimble stock last closed at $63.30, down 0.22% from the previous day, and has increased 27.31% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.17 percentage points. Trimble stock is currently +59.97% from its 52-week low of $39.57, and -3.43% from its 52-week high of $65.55.

There are currently 245.69M TRMB shares outstanding. The market capitalization of TRMB is $15.55B. In the last 24 hours, 2.19M TRMB shares were traded.

How to Buy Trimble Stock

Wondering how to invest in Trimble stock? Here's how.
  1. Choose where to buy Trimble stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Trimble stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your information.
  4. Analyze Trimble stock: The Trimble ticker symbol is TRMB. Is Trimble stock a good investment? Should you buy shares of TRMB? How do TRMB's underlying business fundamentals look? Do top analysts think Trimble is a good buy? Why has TRMB's stock price moved recently? (Hint: Our stock market research tools can help you figure out if TRMB is a good stock to buy).
  5. Make your TRMB purchase: Decide if you will purchase TRMB shares at the current market price or use a limit order to buy TRMB shares at a specific price.
  6. Keep an eye on your investment in TRMB: Create a watchlist to get live updates on your new investment in Trimble shares.

Step 1: Choose where to buy Trimble stock

You will need an online brokerage account in order to access the NASDAQ market and buy TRMB shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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  • Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
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Step 2: Open a brokerage account

Now that you've chosen your brokerage, you need to fill out some personal details so you can buy TRMB today.

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  1. Submit your info by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've filled out your info on the best stock app to use, you can securely and quickly fund your account:

Check out the video below if you need help transferring funds into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Trimble stock

Once you have decided on the best place to buy Trimble stock, it's critical to research their stock before you invest, so you truly wrap your head around the risk as well as the upside.

Trimble Numbers

TRMB Price
$63.30
1w %
-0.69%
1y %
27.31%
5y %
58.85%
P/E
50.24x
P/B
3.46x
P/S
4.13x
PEG
0.6x
Revenue
$3.80B
Earnings
$311.30M
Fore. Rev. Growth
-0.94%
Fore. Earn. Growth
93.14%
Market Cap
$15.55B
Next Earnings
May 1, 2024
Next Dividend
N/A

Fundamentals of TRMB

WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on TRMB's stock page.

How is TRMB stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge TRMB's fair value.

Using relative valuations ratios:

  • TRMB could be undervalued based on its P/E ratio of 50.24x, relative to Scientific & Technical Instruments industry P/E ratio of -6.68x
  • TRMB could be overvalued based on its P/B ratio of 3.46x, relative to Scientific & Technical Instruments industry P/B ratio of 3.32x
  • TRMB could be undervalued based on its PEG ratio of 0.6x

You can do more valuation research on TRMB's stock here.

How do TRMB Financials look?

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the TRMB balance sheet.
  • Total TRMB debt is lower than 5 years ago, relative to shareholder equity.

Negative Health Checks:

  • TRMB earnings of $518.00M is not sufficient to cover its interest payments.
  • TRMB has a relatively high debt to equity ratio of 1.12.
  • TRMB's operating cash flow of $597.10M allows it to safely service it's debt of $3.19B.
  • TRMB profit margin has gone down from 12.2% to 8.2% in the past year.
  • There are more long-term liabilities than short-term assets on the TRMB balance sheet.

Is TRMB stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 6 Wall Street analysts who give forecasts on TRMB, the consensus analyst rating on TRMB is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

Latest TRMB Analyst Recommendations

Brian Gesuale, a top 7% analyst from Raymond James upgrades TRMB to a buy rating and announces their TRMB price target of $65.00, on Sep 29, 2023.

You can dive deeper into what analysts are projecting on the Trimble stock forecast page.

TRMB Momentum

SMA10
63.28
SMA20
62.91
SMA50
57.99
SMA100
52.76
SMA200
52.37
MACD
1.43
MACD Signal
1.74
MACD Histogram
-0.3
RSI
61.17
Stochastic %K
42.39
Stochastic %D
51.16
StochRSI %K
4.63
StochRSI %D
21.71

TRMB Performance Metrics

Last year, TRMB earnings were $311.30M. Over the last 5 year, TRMB's earnings have gone up by 2.2% per year. This was slower than the Scientific & Technical Instruments industry average of 7.27%.

Last year, TRMB revenue was $3.80B. In the past 5 year, TRMB's revenue has increased by 4.09% per year. This was slower than the Scientific & Technical Instruments industry average of 9.33%.

Find out more about TRMB's earnings and revenue performance here.

Latest Insiders Trades at TRMB

In the past 12 months, insiders at TRMB have sold more shares than they have bought.

Peter Large, Senior Vice President of TRMB, was the latest TRMB insider to sell. They sold $11,440.00 worth of TRMB shares on Mar 21, 2024.

Research more about who owns TRMB shares here.

Can I rely on TRMB as an income stream?

No, Trimble doesn't provide an income stream by paying out dividends.

TRMB Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your TRMB purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.

Hit the Open button and eToro will place the order.

If you need more assistance investing in stocks on eToro, click the helpful video below:

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Step 6: Keep an eye on your investment in TRMB

Now that you own some TRMB stock, you'll want to keep up with your company.

Put TRMB on a watchlist to monitor your TRMB stock.

TRMB Feed

How to Buy Stock in Trimble

To summarize, here are the 6 steps you need to take to buy Trimble stock right now:

  1. Choose where to buy Trimble stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Trimble stock
  5. Make your TRMB purchase
  6. Keep an eye on your investment in TRMB

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Trimble, hit the button below to create your watchlist.

NASDAQ: TRMB
$63.30-0.14 (-0.22%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: TRMB
$63.30-0.14 (-0.22%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Trimble share?

As of Mar 27, 2024, it costs $63.30 to buy one share of Trimble stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.158 shares of TRMB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Trimble stock?

According to 6 Wall Street analysts who monitor Trimble, their consensus recommendation is to buy Trimble stock.

What is the best way to buy Trimble stock?

One way to place an order for Trimble stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.