TriMas (NASDAQ:TRS) Reaches New 52-Week High - Time to Buy?

Key Points

• Shares hit a new 52-week high, trading as high as $42.08 and last at $41.4560 on volume ~497,727, with a market cap of $1.52 billion and 50-/200-day moving averages of $36.83/$35.55.
• Quarterly results were mixed: Q1 EPS of $0.24 missed estimates of $0.48 while revenue rose 10.3% year-over-year to $168.3 million, and the company set FY2026 guidance of $1.50–$1.70 per share (analysts expect ~1.59).
• Analyst sentiment is divided, with two Buys, one Hold and one Sell, leaving a MarketBeat consensus rating of "Hold" and a consensus target price of $41.50.

Shares of TriMas Corporation (NASDAQ:TRS - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $42.08 and last traded at $41.4560, with a volume of 497727 shares trading hands. The stock had previously closed at $39.11.

Analyst Upgrades and Downgrades

A number of analysts have commented on TRS shares. KeyCorp reiterated an "overweight" rating and issued a $38.00 price target on shares of TriMas in a research note on Thursday, February 26th. Weiss Ratings cut shares of TriMas from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, April 27th. BWS Financial restated a "buy" rating and set a $45.00 target price on shares of TriMas in a research note on Monday, March 2nd. Finally, Zacks Research cut shares of TriMas from a "hold" rating to a "strong sell" rating in a research note on Thursday, March 5th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $41.50.

TriMas Trading Up 6.0%

The company has a market cap of $1.52 billion, a P/E ratio of 1.72 and a beta of 0.58. The business has a fifty day moving average price of $36.83 and a 200-day moving average price of $35.55. The company has a quick ratio of 4.50, a current ratio of 4.85 and a debt-to-equity ratio of 0.27.

TriMas (NASDAQ:TRS - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by ($0.24). TriMas had a return on equity of 8.38% and a net margin of 93.79%.The firm had revenue of $168.28 million for the quarter, compared to the consensus estimate of $158.24 million. During the same quarter in the prior year, the firm earned $0.46 EPS. The company's revenue was up 10.3% on a year-over-year basis. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. On average, analysts forecast that TriMas Corporation will post 1.59 earnings per share for the current year.

TriMas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th will be paid a $0.04 dividend. The ex-dividend date is Thursday, May 7th. This represents a $0.16 annualized dividend and a yield of 0.4%. TriMas's payout ratio is 0.66%.

Institutional Trading of TriMas

Hedge funds and other institutional investors have recently bought and sold shares of the business. AdvisorNet Financial Inc acquired a new stake in TriMas in the 1st quarter worth about $28,000. Los Angeles Capital Management LLC acquired a new stake in TriMas in the 4th quarter worth about $29,000. Covestor Ltd raised its stake in TriMas by 20,525.0% in the 4th quarter. Covestor Ltd now owns 825 shares of the industrial products company's stock worth $29,000 after purchasing an additional 821 shares in the last quarter. Quarry LP acquired a new stake in TriMas in the 3rd quarter worth about $36,000. Finally, Ball & Co Wealth Management Inc. acquired a new stake in TriMas in the 4th quarter worth about $35,000. Institutional investors and hedge funds own 99.42% of the company's stock.

About TriMas

TriMas Corporation is a diversified industrial company headquartered in Bloomfield Hills, Michigan. Established in 1980, TriMas has built a global reputation for designing and manufacturing specialized products that serve a wide array of end markets. The company operates through multiple segments, each focused on high-demand niches where engineered solutions and rigorous quality standards are essential.

The Packaging segment supplies closures, dispensing systems and related components for the personal care, household chemicals, food and beverage, and pharmaceutical markets.

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