Trimble Navigation Limited (TRMB): Today's Featured Electronics Laggard
(
) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Trimble Navigation fell $0.49 (-1.8%) to $27.48 on average volume. Throughout the day, 1,778,258 shares of Trimble Navigation exchanged hands as compared to its average daily volume of 1,685,700 shares. The stock ranged in price between $27.29-$28.10 after having opened the day at $27.92 as compared to the previous trading day's close of $27.97. Other companies within the Electronics industry that declined today were:
(
), down 7.2%,
(
), down 5.0%,
(
), down 4.5% and
(
), down 4.2%.
Trimble Navigation Limited designs and distributes positioning products and applications enabled by global positioning system (GPS), optical, laser, and wireless communications technology. Trimble Navigation has a market cap of $7.1 billion and is part of the technology sector. Shares are down 7.1% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Trimble Navigation a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Trimble Navigation
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Trimble Navigation Ratings Report.
On the positive front,
(
), up 18.2%,
(
), up 12.5%,
Revolution Lighting Technologies
(
), up 10.7% and
(
), up 8.7% , were all gainers within the electronics industry with
(
) being today's featured electronics industry leader.
- Use our electronics section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider
iShares Dow Jones US Technology
(
) while those bearish on the electronics industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
null