Trimble (TRMB) Competitors

$57.09
-0.16 (-0.28%)
(As of 05/17/2024 ET)

TRMB vs. ONTO, NICE, LOGI, AKAM, JBL, DT, NVT, MANH, AZPN, and SWKS

Should you be buying Trimble stock or one of its competitors? The main competitors of Trimble include Onto Innovation (ONTO), NICE (NICE), Logitech International (LOGI), Akamai Technologies (AKAM), Jabil (JBL), Dynatrace (DT), nVent Electric (NVT), Manhattan Associates (MANH), Aspen Technology (AZPN), and Skyworks Solutions (SWKS). These companies are all part of the "computer and technology" sector.

Trimble vs.

Onto Innovation (NYSE:ONTO) and Trimble (NASDAQ:TRMB) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, media sentiment, community ranking, profitability, earnings, dividends and risk.

Onto Innovation has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500. Comparatively, Trimble has a beta of 1.51, indicating that its stock price is 51% more volatile than the S&P 500.

Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Onto Innovation$845.55M13.02$121.16M$2.8179.54
Trimble$3.80B3.67$311.30M$0.9659.47

Onto Innovation has a net margin of 16.43% compared to Onto Innovation's net margin of 6.25%. Onto Innovation's return on equity of 12.04% beat Trimble's return on equity.

Company Net Margins Return on Equity Return on Assets
Onto Innovation16.43% 11.48% 10.46%
Trimble 6.25%12.04%5.59%

98.3% of Onto Innovation shares are held by institutional investors. Comparatively, 93.2% of Trimble shares are held by institutional investors. 0.7% of Onto Innovation shares are held by company insiders. Comparatively, 0.5% of Trimble shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Trimble received 175 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.35% of users gave Trimble an outperform vote while only 67.14% of users gave Onto Innovation an outperform vote.

CompanyUnderperformOutperform
Onto InnovationOutperform Votes
380
67.14%
Underperform Votes
186
32.86%
TrimbleOutperform Votes
555
68.35%
Underperform Votes
257
31.65%

Onto Innovation currently has a consensus target price of $242.00, suggesting a potential upside of 8.28%. Trimble has a consensus target price of $66.67, suggesting a potential upside of 16.77%. Given Onto Innovation's higher possible upside, analysts plainly believe Trimble is more favorable than Onto Innovation.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Onto Innovation
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Trimble
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

In the previous week, Trimble had 3 more articles in the media than Onto Innovation. MarketBeat recorded 24 mentions for Trimble and 21 mentions for Onto Innovation. Trimble's average media sentiment score of 1.30 beat Onto Innovation's score of 0.63 indicating that Onto Innovation is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Onto Innovation
12 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Trimble
9 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Onto Innovation and Trimble tied by winning 8 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TRMB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TRMB vs. The Competition

MetricTrimbleMeasuring & controlling devices IndustryComputer SectorNASDAQ Exchange
Market Cap$13.94B$20.46B$21.38B$7.96B
Dividend YieldN/A3.41%2.71%3.91%
P/E Ratio59.4726.37249.0318.79
Price / Sales3.6722.44553.6477.89
Price / Cash17.8215.2429.5031.98
Price / Book3.213.606.734.76
Net Income$311.30M$536.75M$640.99M$217.17M
7 Day Performance0.51%0.29%2.07%2.90%
1 Month Performance-1.52%2.88%6.59%6.66%
1 Year Performance19.29%32.96%25.43%9.89%

Trimble Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ONTO
Onto Innovation
3.4777 of 5 stars
$228.21
+3.0%
$242.00
+6.0%
+124.7%$11.25B$815.87M81.211,497Positive News
NICE
NICE
4.5634 of 5 stars
$224.00
-0.7%
$296.09
+32.2%
+1.7%$14.08B$2.38B44.018,384Analyst Downgrade
Analyst Revision
LOGI
Logitech International
2.7595 of 5 stars
$89.17
+3.3%
$91.00
+2.1%
+41.1%$14.10B$4.30B23.042,400Analyst Revision
News Coverage
Gap Up
AKAM
Akamai Technologies
4.7079 of 5 stars
$93.13
-1.3%
$114.00
+22.4%
+8.5%$14.19B$3.81B23.1710,250Earnings Report
Analyst Forecast
Insider Buying
Buyback Announcement
JBL
Jabil
4.7151 of 5 stars
$117.65
-0.1%
$144.50
+22.8%
+37.1%$14.19B$34.70B10.10236,000Ex-Dividend
DT
Dynatrace
4.9812 of 5 stars
$46.43
+1.1%
$61.00
+31.4%
-2.2%$13.67B$1.16B70.354,180Analyst Forecast
Short Interest ↓
News Coverage
NVT
nVent Electric
3.5599 of 5 stars
$81.67
+1.3%
$87.00
+6.5%
+88.6%$13.56B$3.40B23.8111,300Dividend Announcement
Positive News
MANH
Manhattan Associates
4.5944 of 5 stars
$216.64
+1.4%
$234.86
+8.4%
+29.8%$13.34B$928.72M70.804,580Analyst Forecast
Analyst Revision
Positive News
AZPN
Aspen Technology
1.2414 of 5 stars
$209.06
+0.8%
$201.00
-3.9%
+31.3%$13.24B$1.04B-475.131,014Analyst Forecast
SWKS
Skyworks Solutions
4.9527 of 5 stars
$94.42
+0.6%
$106.25
+12.5%
-8.3%$15.15B$4.77B17.759,750Positive News

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This page (NASDAQ:TRMB) was last updated on 5/19/2024 by MarketBeat.com Staff

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