Trimble Navigation Limited ($TRMB) Possible Buy to $34 Confident Investor Rating: Good

Company name Trimble Navigation Limited
Stock ticker TRMB
Live stock price [stckqut]TRMB[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Fair
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $32.78
Target stock price (averages with growth) $43.21
Target stock price (averages with no growth) $31.73
Target stock price (manual assumptions) $32.35

The following company description is from Google Finance: http://www.google.com/finance?q=trmb

Trimble Navigation Limited (Trimble) provides technology solutions. The Company’s solutions are used across a range of industries, including agriculture, architecture, civil engineering, construction, environmental management, government, natural resources, transportation and utilities. As of December 28, 2012 (fiscal 2012), the Company acquired Vico Software, Inc.; the assets of Refraction Technology, Inc. (REF TEK); TMW Systems Holding LLC, including its operating subsidiary, TMW Systems, Inc. (TMW); Logicway of Oldenzaal; WinEstimator, Inc.; Gatewing of Gent, a provider of lightweight unmanned aerial vehicles for photogrammetry and rapid terrain mapping applications; Plancal of Horgen, and StruCad and StruEngineer business from AceCad Software. In January 2013, the Company acquired LK Technologies Inc of Princeton NJ. In June 2013, the Company acquired Trade Service Co LLC. In June 2013, it announced that it has acquired privately held Actronic Holdings Limited of Auckland.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

 
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(s2member_level1)]
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

Stock price at the time of the calculation: $25.92

Growth: 0.15

Current EPS (TTM): $0.74

P/E: 35

Future EPS Calc: $1.48

Future Stock Price Calc: $52.09

Target stock price: $32.34

I hope that this makes you a better investor. [/s2If]

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