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With a market cap of $15.5 billion, Trimble Inc. (TRMB) provides software, hardware, and positioning solutions to help professionals and field workers enhance and transform work processes across industries such as architecture, engineering, construction, transportation, and logistics. It delivers advanced design, data collection, positioning, and management solutions to customers across North America, Europe, the Asia Pacific, and international markets.
Shares of the Westminster, Colorado-based company have underperformed the broader market over the past 52 weeks. TRMB stock has declined 13.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 14%. Moreover, shares of Trimble are down 17.1% on a YTD basis, compared to SPX's marginal rise.
