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NASDAQ:TRS

TriMas (TRS) Stock Price, News & Analysis

$27.51
+0.47 (+1.74%)
(As of 07/26/2024 ET)
Today's Range
$27.12
$27.71
50-Day Range
$24.60
$27.59
52-Week Range
$22.59
$28.26
Volume
234,064 shs
Average Volume
211,869 shs
Market Capitalization
$1.12 billion
P/E Ratio
28.36
Dividend Yield
0.58%
Price Target
$40.00

TriMas MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
45.4% Upside
$40.00 Price Target
Short Interest
Bearish
5.44% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.02
Upright™ Environmental Score
News Sentiment
0.75mentions of TriMas in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$387,053 Bought Last Quarter
Proj. Earnings Growth
7.88%
From $2.03 to $2.19 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.

4.56 out of 5 stars

Industrial Products Sector

20th out of 172 stocks

Metal Forgings & Stampings Industry

2nd 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. to Issue Quarterly Dividend of $0.04 (NASDAQ:TRS)
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
TriMas (TRS) Set to Announce Earnings on Tuesday
Herbert Parker Bought 55% More Shares In TriMas
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
Q1 2024 TriMas Corp Earnings Call
TriMas Corp. Q1 Profit Beats Estimates
TriMas Reports First Quarter 2024 Results
What Wall Street expects from TriMas's earnings
Trimas Corporation
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Ex-Dividend for 5/14 Dividend
5/06/2024
Dividend Payable
5/14/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024
Ex-Dividend for 8/13 Dividend
8/06/2024
Dividend Payable
8/13/2024
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
+45.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$40.36 million
Pretax Margin
5.70%

Debt

Sales & Book Value

Annual Sales
$893.55 million
Cash Flow
$2.91 per share
Book Value
$16.49 per share

Miscellaneous

Free Float
40,285,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
0.67
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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

How have TRS shares performed this year?

TriMas' stock was trading at $25.33 at the beginning of the year. Since then, TRS stock has increased by 8.6% and is now trading at $27.51.
View the best growth stocks for 2024 here
.

How were TriMas' earnings last quarter?

TriMas Co. (NASDAQ:TRS) announced its quarterly earnings data on Tuesday, April, 30th. The industrial products company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.28 by $0.09. The company's quarterly revenue was up 5.4% on a year-over-year basis.

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.

Who are TriMas' major shareholders?

TriMas' top institutional shareholders include Allspring Global Investments Holdings LLC (7.60%), Bank of New York Mellon Corp (0.64%), Raymond James & Associates (0.16%) and Diversified Trust Co (0.06%). Insiders that own company stock include Thomas A Amato, Daniel P Tredwell, Scott A Mell, Paul Swart, Fabio Leandro Matheus Salik, John Philip Schaefer, Samuel Valenti III and Jeffrey A Fielkow.
View institutional ownership trends
.

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.

What other stocks do shareholders of TriMas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TriMas investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Bank of America (BAC) and First Data (FDC).

This page (NASDAQ:TRS) was last updated on 7/26/2024 by MarketBeat.com Staff

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