S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NASDAQ:TRS

TriMas (TRS) Stock Price, News & Analysis

$25.38
+0.03 (+0.12%)
(As of 04/15/2024 ET)
Today's Range
$25.27
$25.53
50-Day Range
$23.44
$26.73
52-Week Range
$22.59
$29.07
Volume
113,565 shs
Average Volume
173,880 shs
Market Capitalization
$1.04 billion
P/E Ratio
26.16
Dividend Yield
0.63%
Price Target
$40.00

TriMas MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
57.6% Upside
$40.00 Price Target
Short Interest
Healthy
0.62% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.02
Upright™ Environmental Score
News Sentiment
0.73mentions of TriMas in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$260,060 Bought Last Quarter
Proj. Earnings Growth
25.26%
From $1.94 to $2.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.74 out of 5 stars

Industrial Products Sector

10th out of 171 stocks

Metal Forgings & Stampings Industry

1st out of 4 stocks

TRS stock logo

About TriMas Stock (NASDAQ:TRS)

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. The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting, and connectors for air management systems, and other highly-machined parts and components to original equipment manufacturers, supply chain distributors, and tier one suppliers, as well as maintenance, repair and overhaul (MRO)/aftermarket providers; and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products, and Martinic Engineering brands. The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines. It sells its products through a direct sales force, third-party agents, and distributors. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.

TRS Stock Price History

TRS Stock News Headlines

TriMas Co. (NASDAQ:TRS) Short Interest Update
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
TriMas Announces Update to Board of Directors
TriMas Full Year 2023 Earnings: Misses Expectations
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
TriMas Q4 Adj. Profit Declines
TriMas Reports Fourth Quarter and Full Year 2023 Results
TriMas Declares Quarterly Dividend
TRS Mar 2024 22.500 put
Richard Pzena Adjusts Position in TriMas Corp
Is TriMas (TRS) Stock Undervalued Right Now?
TriMas Life Sciences Expands Its Cleanroom Capabilities
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 3/8 Dividend
2/29/2024
Dividend Payable
3/08/2024
Today
4/15/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:TRS
CUSIP
89621520
Employees
3,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.00
High Stock Price Target
$40.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+57.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$40.36 million
Pretax Margin
5.66%

Debt

Sales & Book Value

Annual Sales
$893.55 million
Cash Flow
$2.87 per share
Book Value
$16.49 per share

Miscellaneous

Free Float
40,289,000
Market Cap
$1.04 billion
Optionable
Optionable
Beta
0.71
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Key Executives

  • Mr. Thomas A. AmatoMr. Thomas A. Amato (Age 61)
    President, CEO & Director
    Comp: $1.39M
  • Mr. Scott A. Mell (Age 52)
    CFO & Principal Accounting Officer
    Comp: $714.19k
  • Mr. Fabio L. Matheus Salik (Age 55)
    President of Packaging
    Comp: $483.96k
  • Mr. Al Malizia
    Vice President of Operations
  • Ms. Sherry Lauderback
    Vice President of Investor Relations & Communications
  • Ms. Jodi F. Robin (Age 43)
    General Counsel & Secretary
  • Mr. Jan Cornelis van Dijk
    VP of Corporate Development & Treasurer
  • Ms. Jill S. Stress (Age 46)
    Chief Human Resource Officer
  • Mr. Vitaliy V. Rusakov
    President of TriMas Aerospace

TRS Stock Analysis - Frequently Asked Questions

Should I buy or sell TriMas stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriMas in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TRS shares.
View TRS analyst ratings
or view top-rated stocks.

What is TriMas' stock price target for 2024?

1 Wall Street analysts have issued 12-month price objectives for TriMas' shares. Their TRS share price targets range from $40.00 to $40.00. On average, they anticipate the company's share price to reach $40.00 in the next year. This suggests a possible upside of 57.6% from the stock's current price.
View analysts price targets for TRS
or view top-rated stocks among Wall Street analysts.

How have TRS shares performed in 2024?

TriMas' stock was trading at $25.33 at the beginning of the year. Since then, TRS shares have increased by 0.2% and is now trading at $25.38.
View the best growth stocks for 2024 here
.

Are investors shorting TriMas?

TriMas saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 248,800 shares, an increase of 29.5% from the March 15th total of 192,100 shares. Based on an average trading volume of 226,300 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.6% of the company's shares are short sold.
View TriMas' Short Interest
.

When is TriMas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our TRS earnings forecast
.

How can I listen to TriMas' earnings call?

TriMas will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745821".

How were TriMas' earnings last quarter?

TriMas Co. (NASDAQ:TRS) issued its quarterly earnings data on Thursday, February, 29th. The industrial products company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by $0.17. The industrial products company earned $209.60 million during the quarter, compared to analyst estimates of $246.44 million. TriMas had a trailing twelve-month return on equity of 8.85% and a net margin of 4.52%. TriMas's quarterly revenue was up 3.1% on a year-over-year basis. During the same period last year, the business posted $0.62 EPS.

How often does TriMas pay dividends? What is the dividend yield for TriMas?

TriMas declared a quarterly dividend on Monday, February 19th. Shareholders of record on Friday, March 1st will be paid a dividend of $0.04 per share on Friday, March 8th. This represents a $0.16 annualized dividend and a yield of 0.63%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for TRS
.

Is TriMas a good dividend stock?

TriMas (NASDAQ:TRS) pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.63%. The dividend payout ratio is 16.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRS will have a dividend payout ratio of 6.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRS.

What guidance has TriMas issued on next quarter's earnings?

TriMas issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of 1.950-2.150 for the period, compared to the consensus estimate of 2.320. The company issued revenue guidance of $938.2 million-$965.0 million, compared to the consensus revenue estimate of $1.1 billion.

What is Thomas Amato's approval rating as TriMas' CEO?

6 employees have rated TriMas Chief Executive Officer Thomas Amato on Glassdoor.com. Thomas Amato has an approval rating of 62% among the company's employees. This puts Thomas Amato in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of TriMas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TriMas investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Bank of America (BAC), First Data (FDC), Ciena (CIEN), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

How do I buy shares of TriMas?

Shares of TRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TRS) was last updated on 4/16/2024 by MarketBeat.com Staff

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