Trimble Inc Stock Fair Value Calculator – Jana Partners shifts investments, enters Trimble holding and dissolves New Relic Inc

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Jana Partners, a New York-based investment firm, made headlines recently with their decision to shift their investments. The firm has chosen to dissolve their holding in New Relic Inc and instead enter a holding in Trimble Inc ($NASDAQ:TRMB). This move has caught the attention of many in the investment community and has sparked discussions about the potential impact on both companies. TRIMBLE INC is a leading provider of advanced location-based technology solutions. They specialize in providing services and products that enable businesses to improve productivity, efficiency, and safety. The company offers a wide range of solutions, including GPS and GNSS receivers, laser and optical products, and software applications. Jana Partners’ decision to dissolve their holding in New Relic Inc and enter a holding in Trimble could be seen as a strategic move. New Relic Inc is a software analytics company that offers solutions for monitoring and managing web and mobile applications. While they have seen growth in recent years, the company has faced challenges with competition and a changing market. On the other hand, Trimble has a strong presence in the growing market for location-based technology and has shown consistent revenue growth over the years.

This shift in investments could bring several benefits for both Jana Partners and Trimble. For Jana Partners, it could mean a more stable and potentially profitable investment. As Trimble continues to expand its market reach and develop new technologies, there is potential for growth and increased value in the company’s stock. For Trimble, this investment could bring financial stability and potentially attract more investors. With the backing of a well-known investment firm like Jana Partners, Trimble’s stock may see an increase in demand and value. This could also provide the company with the resources needed to continue their growth and innovation in the location-based technology industry. In conclusion, Jana Partner’s decision to dissolve their holding in New Relic Inc and enter a holding in Trimble Inc has generated interest and discussions in the investment world. Trimble’s strong presence in the location-based technology market and consistent growth make it an attractive investment opportunity for Jana Partners. This shift in investments could bring benefits for both parties and potentially impact the stock value of Trimble in the future.

Market Price

Investment firm Jana Partners made a significant move in its portfolio on Wednesday, as it dissolved its investment in New Relic Inc and entered a holding in Trimble Inc. The stock of Trimble, a leading provider of advanced location-based solutions, opened at $63.6 and closed at $63.3, showing a slight decrease of 0.2% from its previous closing price of 63.4. Jana Partners, known for its activist approach to investing, has been actively reshaping its portfolio in recent months. The decision to dissolve its investment in New Relic, a cloud-based software company, may come as a surprise to some, considering the strong growth potential of the tech industry.

However, Jana Partners’ move reflects their focus on identifying undervalued companies with strong potential for growth. On the other hand, Jana Partners’ entry into Trimble’s holding signals their confidence in the company’s future prospects. Trimble has a strong track record of innovation and has established itself as a leader in providing advanced location-based solutions to a wide range of industries. Its diverse portfolio of products and services, including precision agriculture, construction technology, and transportation solutions, make it well-positioned for future growth. This move by Jana Partners also highlights the growing interest in the location-based solutions market. With the increasing use of technology in various industries, there is a growing demand for accurate and reliable location-based services. Trimble is well-equipped to capitalize on this trend with its advanced technology and strong customer relationships. Overall, Jana Partners’ shift in investments serves as a testament to their strategic approach to building their portfolio. While dissolving their investment in New Relic may have raised some eyebrows, their entry into Trimble’s holding shows their confidence in the company’s potential for growth. This move also sheds light on the promising opportunities in the location-based solutions market and positions Trimble for further success in the future. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Trimble Inc. More…

Key Ratios Snapshot

Some of the financial key ratios for Trimble Inc are shown below. More…

Analysis – Trimble Inc Stock Fair Value Calculator

As an analyst at GoodWhale, I have thoroughly examined the fundamentals of TRIMBLE INC to determine its fair value. Our analysis has led us to calculate the fair value of a share of TRIMBLE INC to be around $67.7. This valuation is based on our proprietary Valuation Line, which takes into account various financial factors such as earnings, cash flow, and growth potential. Currently, TRIMBLE INC’s stock is trading at $63.3, which indicates that it is undervalued by 6.5%. This means that investors have the opportunity to purchase shares of TRIMBLE INC at a price lower than its fair value, making it an attractive investment opportunity. Our analysis also shows that TRIMBLE INC has a strong financial foundation, with consistent earnings and a healthy cash flow. Additionally, the company has a solid growth potential, with a diverse portfolio of products and services in the technology and software industry. With its current stock price being undervalued, this presents an opportunity for investors to potentially see a return on their investment in the long term. More…

Peers

The competition among Trimble Inc, SRT Marine Systems PLC, Shanghai Huace Navigation Technology Ltd, and Topcon Corp is fierce. All four companies are leaders in the GPS navigation industry and are constantly innovating to stay ahead of the competition. Trimble Inc has been the top GPS navigation company for many years, but its competitors are quickly catching up. SRT Marine Systems PLC is a publicly traded company on the London Stock Exchange and is the largest GPS navigation company in the world. Shanghai Huace Navigation Technology Ltd is a privately held company based in China and is one of the fastest growing GPS navigation companies. Topcon Corp is a Japanese company that has been in the GPS navigation industry for over 50 years.

– SRT Marine Systems PLC ($LSE:SRT)

SRT Marine Systems PLC is a marine technology company that provides integrated solutions for the maritime industry. The company offers a range of products and services, including navigation, communication, bridge systems, and data management. It also provides engineering and support services. The company has a market cap of 59.17M as of 2022 and a return on equity of -44.18%.

– Shanghai Huace Navigation Technology Ltd ($SZSE:300627)

Shanghai Huace Navigation Technology Ltd is a Chinese company that manufactures and sells navigation and communication products. The company has a market capitalization of $16.9 billion as of 2022 and a return on equity of 8.69%. The company’s products include GPS receivers, marine navigation products, and aviation products.

– Topcon Corp ($TSE:7732)

Topcon Corporation is a Japanese technology company that manufactures precision instruments and equipment for measuring, surveying, and machine control. The company has a market capitalization of 168.63 billion as of 2022 and a return on equity of 11.65%. Topcon’s products are used in a variety of industries, including construction, agriculture, surveying, and mapping. The company has a strong presence in Japan and Asia, and is expanding its operations globally.

Summary

Jana Partners, a hedge fund founded by billionaire investor Barry Rosenstein, has recently dissolved its holding in software company New Relic Inc and entered into a new holding in Trimble Inc. This decision was likely made after conducting thorough investing analysis on both companies. Trimble, a provider of technology solutions for various industries, has shown strong financial performance and growth potential. This could be a promising investment opportunity for Jana Partners.

However, further analysis is needed to understand the reasons behind this move and the potential impact it may have on Trimble’s stock price. Investors should closely monitor Jana Partners’ actions and continue to conduct their own investing analysis to make informed decisions.