About TriMas (NASDAQ:TRS)
TriMas Corporation is a designer, manufacturer and distributor of engineered products for commercial, industrial and consumer markets. The Company operates through four segments: Packaging, Aerospace, Energy and Engineered Components. The Packaging segment is a designer, manufacturer and distributor of engineered closure and dispensing systems for a range of end markets, including steel and plastic industrial, and consumer packaging applications. The Aerospace segment is a designer and manufacturer of a range of products for use in the aerospace industry. The Energy segment is a manufacturer and distributor of metallic and non-metallic gaskets, bolts, industrial fasteners and specialty products for the petroleum refining, petrochemical, oil field and industrial markets. The Engineered Components segment is a designer, manufacturer and distributor of high-pressure and acetylene cylinders for the transportation, storage and dispensing of compressed gases.
Industry, Sector and Symbol
Industry METALS FABRICATING
Trailing P/E Ratio36.8662218839087
Forward P/E Ratio14.62
Sales & Book Value
Annual Sales$817.74 million
Price / Sales1.38
Cash Flow$2.40 per share
Price / Cash10.28
Book Value$11.90 per share
Price / Book2.08
Net Income$30.96 million
Return on Equity12.09%
Return on Assets6.14%
TriMas (NASDAQ:TRS) Frequently Asked Questions
What is TriMas' stock symbol?
TriMas trades on the NASDAQ under the ticker symbol "TRS."
How were TriMas' earnings last quarter?
TriMas Corp (NASDAQ:TRS) released its quarterly earnings data on Tuesday, February, 27th. The industrial products company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.01. The industrial products company had revenue of $195.20 million for the quarter, compared to the consensus estimate of $192.36 million. TriMas had a net margin of 3.79% and a return on equity of 12.09%. The business's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 earnings per share. View TriMas' Earnings History.
When will TriMas make its next earnings announcement?
What guidance has TriMas issued on next quarter's earnings?
TriMas updated its FY18 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of $1.60-$1.75 for the period, compared to the Thomson Reuters consensus estimate of $1.61.
Where is TriMas' stock going? Where will TriMas' stock price be in 2018?
4 analysts have issued 1-year price objectives for TriMas' shares. Their forecasts range from $24.00 to $32.00. On average, they expect TriMas' share price to reach $28.00 in the next year. View Analyst Ratings for TriMas.
What are Wall Street analysts saying about TriMas stock?
Here are some recent quotes from research analysts about TriMas stock:
- 1. According to Zacks Investment Research, "TriMas expects its EPS for 2018 will be between $1.60 and $1.75, which reflects year-over-year growth of 20% at the mid-point. It anticipates organic sales to be up around 3% and operating margin to be in the 10-12% range this year. TriMas remains focused on realignment actions through its new segment structure. Further, it is expected to benefit from the company’s focus on leveraging the TriMas Business Model. Also, its continued efforts to improve quality and on-time delivery will drive the Aerospace segment’s results. Stable order patterns and consistent demand level will also assist the segment’s performance. Moreover, the stock has outperformed the industry over the past year. However, TriMas' results will be marred by currency volatility. Escalating steel prices will also put pressure on margin performance." (3/20/2018)
- 2. Jefferies Group LLC analysts commented, "TRS business model continues to focus on execution in 2017, especially within its Aerospace and Energy oriented businesses. Core sales declined ~8% in the last 2 years, we estimate ~3% y/y growth in 2017e, with 3 of the 4 segments estimated to show growth. Our earnings estimates are 2H17 weighted as profitability for all 4 segments is expected to improve vs. 1H17. We estimate FCF to focus on improving its 2.6x leverage ratio. Our 2017 estimates are unchanged." (3/27/2017)
Who are some of TriMas' key competitors?
Some companies that are related to TriMas include Kaiser Aluminum (KALU), Mueller Industries (MLI), Century Aluminum (CENX), Uacj (UACJF), Constellium (CSTM), Fairmount Santrol (FMSA), CIRCOR International (CIR), Global Brass and Copper (BRSS), NN (NNBR), Park-Ohio (PKOH), Lawson Products (LAWS), Northwest Pipe (NWPX), Ampco-Pittsburgh (AP), OMNI-LITE INDS CAN (OLNCF) and Noranda Aluminum (NORNQ).
Who are TriMas' key executives?
TriMas' management team includes the folowing people:
- Samuel Valenti III, Independent Chairman of the Board (Age 71)
- Thomas A. Amato, President, Chief Executive Officer, Director (Age 53)
- Robert J. Zalupski, Chief Financial Officer (Age 58)
- Joshua A. Sherbin, Senior Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary (Age 54)
- Richard Marcel Gabrys, Independent Director (Age 75)
- Nancy S. Gougarty, Independent Director (Age 61)
- Eugene A. Miller, Independent Director (Age 79)
- Herbert Kent Parker, Independent Director (Age 59)
- Nick Lee Stanage, Independent Director (Age 58)
Has TriMas been receiving favorable news coverage?
News stories about TRS stock have trended somewhat positive on Sunday, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TriMas earned a news impact score of 0.14 on Accern's scale. They also gave headlines about the industrial products company an impact score of 45.66 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are TriMas' major shareholders?
TriMas' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (5.15%), Champlain Investment Partners LLC (4.62%), First Manhattan Co. (4.39%), Victory Capital Management Inc. (4.28%), Goldman Sachs Group Inc. (4.16%) and Advisory Research Inc. (2.95%). Company insiders that own TriMas stock include Joshua A Sherbin, Nancy Gougarty, Paul Swart, Robert J Zalupski and Thomas A Amato. View Institutional Ownership Trends for TriMas.
Which major investors are selling TriMas stock?
TRS stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Millennium Management LLC, First Manhattan Co., Champlain Investment Partners LLC, Pzena Investment Management LLC, Advisory Research Inc., Heartland Advisors Inc. and Bank of New York Mellon Corp. Company insiders that have sold TriMas company stock in the last year include Joshua A Sherbin, Nancy Gougarty, Paul Swart and Robert J Zalupski. View Insider Buying and Selling for TriMas.
Which major investors are buying TriMas stock?
TRS stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Van Den Berg Management I Inc., Renaissance Technologies LLC, First Trust Advisors LP, Lazard Asset Management LLC, Martingale Asset Management L P, Royce & Associates LP and Telemus Capital LLC. View Insider Buying and Selling for TriMas.
How do I buy shares of TriMas?
Shares of TRS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TriMas' stock price today?
One share of TRS stock can currently be purchased for approximately $24.70.
How big of a company is TriMas?
TriMas has a market capitalization of $1.16 billion and generates $817.74 million in revenue each year. The industrial products company earns $30.96 million in net income (profit) each year or $0.67 on an earnings per share basis. TriMas employs 4,000 workers across the globe.
How can I contact TriMas?
TriMas' mailing address is 38505 WOODWARD AVENUE SUITE 200, BLOOMFIELD HILLS MI, 48304. The industrial products company can be reached via phone at 248-631-5450 or via email at [email protected]
MarketBeat Community Rating for TriMas (TRS)MarketBeat's community ratings are surveys of what our community members think about TriMas and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
TriMas (NASDAQ:TRS) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.25||2.20||2.25||2.25|
|Ratings Breakdown: ||0 Sell Rating(s)|
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$28.00||$26.00||$25.25||$25.25|
|Price Target Upside: ||13.36% upside||2.88% downside||6.31% downside||6.31% downside|
TriMas (NASDAQ:TRS) Consensus Price Target History
TriMas (NASDAQ:TRS) Analyst Ratings History
(Data available from 3/25/2016 forward)
TriMas (NASDAQ:TRS) Earnings History and Estimates Chart
TriMas (NASDAQ TRS) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/27/2018||Q4 2017||$0.32||$0.31||$192.36 million||$195.20 million||View||N/A|
|10/26/2017||Q3 2017||$0.39||$0.39||$208.89 million||$209.30 million||View||N/A|
|7/27/2017||Q2 2017||$0.36||$0.40||$205.22 million||$213.39 million||View||N/A|
|4/27/2017||Q1 2017||$0.28||$0.30||$200.40 million||$199.80 million||View||N/A|
|2/28/2017||Q4 2016||$0.30||$0.30||$191.10 million||$185.50 million||View||Listen|
|10/27/2016||Q3||$0.34||$0.35||$213.24 million||$202.30 million||View||Listen|
|7/28/2016||Q216||$0.34||$0.34||$222.52 million||$203.30 million||View||Listen|
|4/28/2016||Q116||$0.26||$0.27||$202.44 million||$202.90 million||View||Listen|
|2/25/2016||Q415||$0.29||$0.29||$209.96 million||$192.80 million||View||Listen|
|10/29/2015||Q315||$0.30||$0.39||$219.17 million||$222.20 million||View||Listen|
|8/4/2015||Q215||$0.31||$0.30||$234.10 million||$224.90 million||View||Listen|
|4/28/2015||Q115||$0.43||$0.41||$378.80 million||$366.50 million||View||Listen|
|2/25/2015||Q414||$0.37||$0.37||$348.08 million||$350.60 million||View||Listen|
|10/28/2014||Q314||$0.43||$0.47||$371.90 million||$380.10 million||View||N/A|
|7/31/2014||Q214||$0.64||$0.58||$399.50 million||$404.00 million||View||N/A|
|4/29/2014||Q114||$0.37||$0.41||$356.43 million||$367.70 million||View||N/A|
|2/20/2014||Q413||$0.36||$0.31||$321.60 million||$323.40 million||View||N/A|
|10/28/2013||Q313||$0.61||$0.70||$356.73 million||$355.60 million||View||N/A|
|7/25/2013||Q2 2013||$0.66||$0.69||$361.74 million||$378.00 million||View||N/A|
|4/25/2013||Q1 2013||$0.41||$0.44||$326.42 million||$337.80 million||View||N/A|
|2/26/2013||Q4 2012||$0.33||$0.33||$291.23 million||$301.00 million||View||N/A|
TriMas (NASDAQ:TRS) Earnings Estimates
2018 EPS Consensus Estimate: $1.69
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for TriMas (NASDAQ:TRS)
No dividend announcements for this company have been tracked by MarketBeat.com
TriMas (NASDAQ TRS) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.40%
TriMas (NASDAQ TRS) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/30/2017||Robert J Zalupski||CFO||Sell||2,816||$25.94||$73,047.04|| |
|11/20/2017||Joshua A Sherbin||Insider||Sell||13,828||$25.50||$352,614.00|| |
|11/3/2017||Paul Swart||Insider||Sell||1,500||$26.57||$39,855.00|| |
|11/3/2017||Robert J Zalupski||CFO||Sell||800||$26.60||$21,280.00|| |
|8/1/2017||Nancy Gougarty||Director||Sell||5,882||$24.80||$145,873.60||19,293|| |
|8/1/2017||Paul Swart||Insider||Sell||3,000||$24.76||$74,280.00|| |
|5/24/2017||Robert J Zalupski||CFO||Sell||2,200||$22.00||$48,400.00|| |
|5/4/2017||Thomas A Amato||Insider||Buy||1,700||$22.75||$38,675.00||57,379|| |
|3/14/2017||Robert J Zalupski||CFO||Sell||1,500||$21.25||$31,875.00|| |
|3/13/2017||Nancy Gougarty||Director||Sell||2,976||$21.01||$62,525.76||24,603|| |
|3/13/2017||Robert J Zalupski||CFO||Sell||5,000||$21.10||$105,500.00|| |
|11/4/2016||Thomas A Amato||Insider||Buy||2,000||$17.70||$35,400.00||12,200|| |
|10/31/2016||Thomas A Amato||Insider||Buy||2,200||$17.61||$38,742.00||9,300|| |
|8/5/2016||Thomas A Amato||Insider||Buy||8,000||$17.83||$142,640.00||6,000|| |
|3/8/2016||Nancy Gougarty||Director||Sell||4,005||$17.61||$70,528.05||14,817|| |
|11/24/2015||Marshall A Cohen||Director||Sell||36,183||$21.00||$759,843.00||42,041|| |
|11/9/2015||Herbert K Parker||Director||Buy||2,500||$20.33||$50,825.00||6,505|| |
|10/6/2015||Laura Lee Duffett||Director||Buy||7,000||$0.02||$140.00|
|10/5/2015||Laura Lee Duffett||Director||Buy||13,000||$0.02||$260.00|
|8/11/2015||Robert J Zalupski||CFO||Buy||2,500||$17.60||$44,000.00|| |
|5/21/2015||William Brent Moure||Director||Buy||15,000||$0.02||$300.00|
|5/20/2015||William Brent Moure||Director||Buy||6,000||$0.02||$120.00|
|5/14/2015||William Brent Moure||Director||Buy||150,000||$0.02||$3,000.00|
|5/11/2015||Marshall A Cohen||Director||Sell||6,424||$28.38||$182,313.12|| |
|4/2/2015||William Brent Moure||Director||Buy||200,000||$0.02||$3,000.00|
|11/3/2014||Thomas M Benson||Insider||Sell||3,500||$32.43||$113,505.00|| |
|10/31/2014||William Brent Moure||Director||Buy||60,000||$0.02||$900.00|
|5/27/2014||Joshua A Sherbin||VP||Sell||10,000||$35.53||$355,300.00|| |
|5/27/2014||Lynn A Brooks||Insider||Sell||6,000||$36.28||$217,680.00|| |
|5/23/2014||Thomas M Benson||Insider||Sell||4,000||$35.33||$141,320.00|| |
|5/19/2014||Paul Swart||CAO||Sell||1,000||$34.67||$34,670.00|| |
|5/2/2014||A Mark Zeffiro||CFO||Sell||13,000||$35.05||$455,650.00|| |
|5/1/2014||Joshua Sherbin||VP||Sell||2,000||$35.41||$70,820.00|| |
|12/19/2013||Daniel Tredwell||Director||Sell||99,814||$38.56||$3,848,827.84||3,448|| |
|12/17/2013||Daniel Tredwell||Director||Sell||120,000||$37.67||$4,520,400.00||3,448|| |
|12/12/2013||Daniel Tredwell||Director||Sell||15,000||$35.84||$537,600.00||3,448|| |
|12/9/2013||Daniel Tredwell||Director||Sell||25,000||$36.32||$908,000.00|| |
|12/4/2013||Daniel Tredwell||Director||Sell||15,000||$36.36||$545,400.00||3,448|| |
|11/22/2013||Daniel Tredwell||Director||Sell||200,000||$36.70||$7,340,000.00||3,448|| |
|11/18/2013||Daniel Tredwell||Director||Sell||248,413||$36.97||$9,183,828.61||3,448|| |
|11/18/2013||Joshua Sherbin||VP||Sell||10,616||$37.34||$396,401.44|| |
|11/14/2013||Daniel Tredwell||Director||Sell||91,100||$37.71||$3,435,381.00||3,448|| |
|11/6/2013||Lynn Brooks||Insider||Sell||5,000||$37.64||$188,200.00||33,839|| |
|11/4/2013||A Mark Zeffiro||CFO||Sell||8,067||$37.92||$305,900.64|| |
|10/29/2013||A Mark Zeffiro||CFO||Sell||17,600||$40.27||$708,752.00|| |
|8/26/2013||Lynn Brooks||Insider||Sell||2,000||$36.99||$73,980.00||38,839|| |
|8/15/2013||Samuel Valenti III||Chairman||Sell||20,245||$37.54||$759,997.30||10,406|| |
|7/30/2013||Daniel P Tredwell||Director||Sell||1,000,000||$36.34||$36,340,000.00|| |
|7/30/2013||David M Wathen||CEO||Sell||50,000||$37.14||$1,857,000.00|| |
|7/29/2013||Daniel P Tredwell||Director||Sell||30,643||$37.71||$1,155,547.53|| |
|5/31/2013||Daniel P Tredwell||Director||Sell||68,200||$32.61||$2,224,002.00|| |
|5/31/2013||Thomas M Benson||Insider||Sell||10,000||$32.50||$325,000.00|| |
|5/28/2013||Daniel P Tredwell||Director||Sell||66,802||$32.57||$2,175,741.14|| |
|5/28/2013||Paul Swart||CAO||Sell||2,600||$32.47||$84,422.00|| |
|5/22/2013||Daniel P Tredwell||Director||Sell||125,000||$32.74||$4,092,500.00|| |
|5/15/2013||Thomas M Benson||Insider||Sell||5,655||$31.75||$179,546.25|| |
|5/14/2013||Robert J Zalupski||VP||Sell||11,110||$31.70||$352,187.00|| |
|5/10/2013||Thomas M Benson||Insider||Sell||3,756||$31.50||$118,314.00|| |
|5/8/2013||Joshua A Sherbin||VP||Sell||6,000||$31.91||$191,460.00|| |
|5/7/2013||Lynn A Brooks||Insider||Sell||3,500||$31.52||$110,320.00|| |
|3/12/2013||Lynn A Brooks||Insider||Sell||2,000||$29.08||$58,160.00|| |
TriMas (NASDAQ TRS) News Headlines
TriMas (NASDAQ:TRS) SEC Filings
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TriMas (NASDAQ:TRS) Income Statement, Balance Sheet and Cash Flow Statement
TriMas (NASDAQ TRS) Stock Chart for Sunday, March, 25, 2018