Omnitek Engineering (OTCMKTS:OMTK) vs. Trimble (NASDAQ:TRMB) Head to Head Analysis

Trimble (NASDAQ:TRMBGet Free Report) and Omnitek Engineering (OTCMKTS:OMTKGet Free Report) are both industrials companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, institutional ownership, valuation and profitability.

Earnings and Valuation

This table compares Trimble and Omnitek Engineering”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Trimble $3.59 billion 3.20 $424.00 million $1.90 25.91
Omnitek Engineering $1.45 million 0.17 $270,000.00 $0.02 0.56

Trimble has higher revenue and earnings than Omnitek Engineering. Omnitek Engineering is trading at a lower price-to-earnings ratio than Trimble, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of recent recommendations for Trimble and Omnitek Engineering, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trimble 0 2 10 0 2.83
Omnitek Engineering 0 0 0 0 0.00

Trimble currently has a consensus target price of $87.33, indicating a potential upside of 77.40%. Given Trimble’s stronger consensus rating and higher possible upside, equities analysts plainly believe Trimble is more favorable than Omnitek Engineering.

Institutional and Insider Ownership

93.2% of Trimble shares are owned by institutional investors. 0.6% of Trimble shares are owned by insiders. Comparatively, 45.5% of Omnitek Engineering shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Trimble and Omnitek Engineering’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Trimble 12.38% 11.61% 7.32%
Omnitek Engineering 18.62% -20.38% 27.57%

Volatility and Risk

Trimble has a beta of 1.38, indicating that its share price is 38% more volatile than the S&P 500. Comparatively, Omnitek Engineering has a beta of 0.24, indicating that its share price is 76% less volatile than the S&P 500.

Summary

Trimble beats Omnitek Engineering on 11 of the 14 factors compared between the two stocks.

About Trimble

(Get Free Report)

Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades. Its Geospatial segment provides surveying and geospatial products, and geographic information systems. The company's Resources and Utilities segment offers precision agriculture products and services, such as guidance and positioning systems, including autonomous steering systems, automated and variable-rate application and technology systems, and information management solutions; manual and automated navigation guidance for tractors and other farm equipment; solutions to automate application of pesticide and seeding; water solutions; and agricultural software. Its Transportation segment offers solutions for long haul trucking and freight shipper markets; mobility solutions comprising route management, safety and compliance, end-to-end vehicle management, video intelligence, and supply chain communications; and fleet and transportation management systems, analytics, routing, mapping, reporting, and predictive modeling solutions. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Westminster, Colorado.

About Omnitek Engineering

(Get Free Report)

Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. It offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters. The company's products are used for stationary applications; and the transportation market, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications. It sells and delivers its products through its distributors, system integrators, fleet operators, and engine conversion companies, as well as directly to end-users. The company was incorporated in 2001 and is headquartered in Vista, California.

Receive News & Ratings for Trimble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trimble and related companies with MarketBeat.com's FREE daily email newsletter.