Is Wall Street Bullish or Bearish on Trimble Stock?

Valued at a market cap of $18.3 billion, Trimble Inc. (TRMB) provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes. The Westminster, Colorado-based company leverages Global Positioning Systems, Global Navigation Satellite Systems, augmentation systems, and other systems based on optical and laser technologies in order to provide real-time position.

Shares of this tech company have significantly outpaced the broader market over the past 52 weeks. Trimble has soared 41.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.7%. On a YTD basis, the stock is up 5.2%, compared to SPX’s 3.1% rise.