FY2025 Earnings Estimate for TriMas Issued By Zacks Research

Key Points

• Zacks Research has updated its FY2025 earnings per share (EPS) estimate for TriMas Corporation to $2.02, an increase from the previous forecast of $2.00, with a "Strong-Buy" rating on the stock.
• TriMas reported a quarterly EPS of $0.61, surpassing expectations, with a revenue of $274.76 million, up 14.2% year-over-year.
• TriMas declared a quarterly dividend of $0.04 per share, resulting in an annualized yield of 0.4% and a dividend payout ratio of 17.58%.

TriMas Corporation (NASDAQ:TRS - Free Report) - Equities researchers at Zacks Research raised their FY2025 earnings estimates for shares of TriMas in a research note issued to investors on Thursday, September 4th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $2.02 for the year, up from their prior estimate of $2.00. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for TriMas' current full-year earnings is $1.69 per share. Zacks Research also issued estimates for TriMas' Q4 2025 earnings at $0.39 EPS, Q2 2026 earnings at $0.69 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.50 EPS, FY2026 earnings at $2.32 EPS, Q2 2027 earnings at $0.70 EPS and FY2027 earnings at $2.36 EPS.

Other equities analysts have also issued reports about the stock. BWS Financial reissued a "buy" rating and set a $45.00 price target (up from $40.00) on shares of TriMas in a research report on Wednesday, July 30th. KeyCorp set a $45.00 price target on shares of TriMas and gave the stock an "overweight" rating in a research report on Tuesday, August 12th. Finally, Wall Street Zen raised shares of TriMas from a "hold" rating to a "buy" rating in a research note on Sunday, June 1st. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $45.00.

TriMas Stock Performance

TRS traded down $0.18 during trading on Friday, reaching $38.11. 154,397 shares of the company's stock were exchanged, compared to its average volume of 433,925. TriMas has a 1 year low of $19.33 and a 1 year high of $39.71. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.59 and a quick ratio of 1.44. The stock has a market capitalization of $1.55 billion, a P/E ratio of 41.87 and a beta of 0.65. The company's fifty day simple moving average is $34.53 and its 200-day simple moving average is $27.76.

TriMas (NASDAQ:TRS - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.11. TriMas had a net margin of 3.83% and a return on equity of 11.49%. The company had revenue of $274.76 million during the quarter, compared to analyst estimates of $251.18 million. During the same period last year, the firm posted $0.43 EPS. TriMas's revenue for the quarter was up 14.2% compared to the same quarter last year. TriMas has set its FY 2025 guidance at 1.950-2.100 EPS.

Institutional Trading of TriMas

Several institutional investors have recently modified their holdings of TRS. Price T Rowe Associates Inc. MD grew its position in shares of TriMas by 10.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,993 shares of the industrial products company's stock valued at $689,000 after purchasing an additional 2,703 shares during the period. Northern Trust Corp grew its position in shares of TriMas by 9.9% in the fourth quarter. Northern Trust Corp now owns 398,213 shares of the industrial products company's stock valued at $9,792,000 after purchasing an additional 35,798 shares during the period. Bank of America Corp DE grew its position in shares of TriMas by 127.3% in the fourth quarter. Bank of America Corp DE now owns 3,513,638 shares of the industrial products company's stock valued at $86,400,000 after purchasing an additional 1,967,738 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of TriMas in the fourth quarter valued at about $883,000. Finally, Deutsche Bank AG grew its position in shares of TriMas by 45.6% in the fourth quarter. Deutsche Bank AG now owns 36,305 shares of the industrial products company's stock valued at $893,000 after purchasing an additional 11,363 shares during the period. Institutional investors and hedge funds own 99.42% of the company's stock.

TriMas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 12th. Shareholders of record on Tuesday, August 5th were given a dividend of $0.04 per share. The ex-dividend date was Tuesday, August 5th. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. TriMas's dividend payout ratio is currently 17.58%.

TriMas Company Profile

TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide. The company operates through Packaging, Aerospace, and Specialty Products segments. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, and flexible spouts; polymeric jar products; integrated dispensers; bag-in-box products; and consumable vascular delivery and diagnostic test components under the Rieke, Taplast, Affaba & Ferrari, Intertech, Omega, and Rapak brands.