Oppenheimer analyst Colin Rusch maintained a Buy rating on Trimble Navigation (NASDAQ:TRMB) Limited on Monday, setting a price target of $81, which is approximately 13.40% above the present share price of $71.43.
Rusch expects Trimble Navigation Limited to post earnings per share (EPS) of $0.34 for the first quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Trimble Navigation, with an average price target of $68.
The analysts price targets range from a high of $84 to a low of $56.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $792.1 million and a net profit of $114.1 million. The company's market cap is $17.87 billion.
According to TipRanks.com, Oppenheimer analyst Colin Rusch is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 75.0% and a 64.79% success rate.
Trimble, Inc. engages in the provision of positioning technology solutions. It operates through the following segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The Buildings and Infrastructure segment serves architects, engineers, contractors, owners, and operators. The Geospatial segment focuses on providing solutions for the customers working in surveying, engineering, and government. The Resources and Utilities segment offers services to customers working in agriculture, forestry, and utilities. The Transportation segment covers solutions for the long-haul trucking, field service management, rail, and construction logistics industries. The company was founded in 1978 by Charles Robert Trimble and is headquartered in Sunnyvale, CA.