Trimble Reports Second Quarter 2015 Results

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Trimble Navigation (TRMB) PT, Estimates Cut at Piper Jaffray; Maintains 'Overweight' Rating

August 5, 2015 10:20 AM EDT

Piper Jaffray analyst Brett Wong cut estimates and his price target on Trimble Navigation (NASDAQ: TRMB) to $25.00 (from $27.00) following weak result and guidance. Wong notes no signs of improvement yet but keeps his positive rating with shares trading near $20/share.

Wong commented, "We are adjusting our model lower... More

MKM Partners Downgrades Trimble Navigation (TRMB) to Neutral

August 5, 2015 7:14 AM EDT

MKM Partners downgraded Trimble Navigation (NASDAQ: TRMB) from Buy to Neutral with a price target of $21.00 (from $31.00).

For an analyst ratings summary and ratings history on Trimble Navigation click here. For more ratings news on Trimble Navigation click here.

Shares of Trimble Navigation closed at $22.85 yesterday.

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Trimble (TRMB) Reports In-Line Q2 EPS, Q3 Guidance Misses

August 4, 2015 4:15 PM EDT

Trimble (NASDAQ: TRMB) reported Q2 EPS of $0.28, in-line with the analyst estimate of $0.28. Revenue for the quarter came in at $285.8 million versus the consensus estimate of $591.47 million.

Trimble sees Q3 2015 EPS of $0.19-$0.24, versus the consensus of $0.34. Trimble sees Q3 2015 revenue of $535-560... More