Trimble (TRMB) has seen a positive shift of 9.7% since its last earnings report, with institutional investors like Victory Capital Management and Candriam S.C.A. significantly increasing their holdings. Despite a
Nasdaq notification deficiency linked to
delayed quarterly report filing, TRMB keeps performing well, with strong upside potential reflected in Q1 and Q2 earnings surpassing estimates. The acquisition of
Flashtract, a construction payment software provider, and the release of the end-to-end asset management suite, bolster its market position in the logistics and geospatial sectors. The
Ovation Award winners were recently announced, underscoring the firm's commitment to excellence in transportation and logistics. Internet of Things Q2 report recognized TRMB as top-tier. Despite a low Q3 revenue forecast due to high costs, the tech company remains undervalued and a good long-term growth investment. Recent introduction of new
reporting segments and a successful stock buyback worth $800M significantly raise TRMB's strong growth prospects.
Trimble TRMB News Analytics from Mon, 06 Nov 2023 08:00:00 GMT to Sun, 08 Sep 2024 11:58:21 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -3
