TriMas (NASDAQ:TRS) Share Price Crosses Below Fifty Day Moving Average - Should You Sell?

Key Points

• TriMas shares fell below their 50-day moving average, trading as low as $37.99 versus the $39.66 average, and last changing hands at $38.69.
• Analyst sentiment remains generally positive: three analysts rate the stock Buy and one rates it Hold, resulting in a “Moderate Buy” consensus and a $41.50 target price.
• TriMas exceeded quarterly EPS expectations ($0.52 versus $0.49) but revenue declined 36.5% year over year; the company also pays a $0.16 annualized dividend with a 0.4% yield.

TriMas Corporation (NASDAQ:TRS - Get Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $39.66 and traded as low as $37.99. TriMas shares last traded at $38.69, with a volume of 248,108 shares changing hands.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TRS shares. Wall Street Zen upgraded shares of TriMas from a "sell" rating to a "hold" rating in a research note on Saturday, August 29th. BWS Financial reiterated a "buy" rating and issued a $45.00 price target on shares of TriMas in a research note on Monday, August 3rd. Finally, Weiss Ratings upgraded shares of TriMas from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, September 4th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $41.50.

TriMas Price Performance

The company has a current ratio of 5.44, a quick ratio of 5.03 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $1.39 billion, a PE ratio of 1.61 and a beta of 0.60. The company has a fifty day moving average price of $39.66 and a two-hundred day moving average price of $39.28.

TriMas (NASDAQ:TRS - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.03. TriMas had a return on equity of 6.41% and a net margin of 104.22%.The firm had revenue of $174.58 million for the quarter, compared to the consensus estimate of $178.44 million. During the same quarter last year, the business posted $0.61 EPS. The firm's quarterly revenue was down 36.5% compared to the same quarter last year. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS. Sell-side analysts forecast that TriMas Corporation will post 1.66 earnings per share for the current year.

TriMas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, August 6th. TriMas's dividend payout ratio (DPR) is presently 0.67%.

Insider Buying and Selling

In related news, Director Herbert K. Parker sold 15,000 shares of the firm's stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $45.03, for a total transaction of $675,450.00. Following the transaction, the director owned 57,762 shares of the company's stock, valued at $2,601,022.86. This trade represents a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 17.50% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio acquired a new position in shares of TriMas in the 2nd quarter worth approximately $34,000. AdvisorNet Financial Inc bought a new stake in TriMas during the first quarter worth approximately $28,000. Covestor Ltd boosted its holdings in TriMas by 20,525.0% during the fourth quarter. Covestor Ltd now owns 825 shares of the industrial products company's stock worth $29,000 after buying an additional 821 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in TriMas by 1,958.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,029 shares of the industrial products company's stock worth $36,000 after buying an additional 979 shares during the last quarter. Finally, Ellevest Inc. boosted its stake in shares of TriMas by 11.6% during the 4th quarter. Ellevest Inc. now owns 6,418 shares of the industrial products company's stock worth $228,000 after acquiring an additional 669 shares in the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

TriMas Company Profile

TriMas Corporation NASDAQ: TRS is a diversified manufacturer of engineered products serving the packaging, aerospace and industrial markets. The company develops and produces specialized products designed for applications that require performance, reliability and technical expertise.

Through TriMas Packaging, the company supplies dispensing systems, closures, pumps, aerosol valves and other packaging components used in consumer, industrial, food, healthcare and personal-care products.

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