NASDAQ:TRS - TriMas Stock Price, News, & Analysis

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$27.27 -0.41 (-1.48 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$27.27
Today's Range$27.06 - $27.92
52-Week Range$22.70 - $31.80
Volume136,805 shs
Average Volume100,429 shs
Market Capitalization$1.27 billion
P/E Ratio19.48
Dividend YieldN/A
Beta1.82
TriMas Corporation manufactures and sells products for consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas markets worldwide. The company operates through four segments: Packaging, Aerospace, Energy, and Engineered Components. The Packaging segment designs and manufactures industrial closure products, including steel drum and plastic enclosures, plastic drum closures, and plastic pail dispensers and plugs; and specialty dispensing products, such as foamers, lotion pumps, fine mist sprayers, and other packaging solutions for the cosmetic, personal care, and household product markets, as well as specialty plastic closures for bottles and jars, and dispensing pumps for the food and beverage markets. This segment primarily operates under the Rieke name. The Aerospace segment offers fasteners, collars, blind bolts, rivets, and precision-machined components for use in commercial, maintenance and repair (MRO), and military aerospace applications and platforms to OEMs, supply chain distributors, MRO/aftermarket providers, and tier one suppliers. This segment offers its products under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, and Martinic Engineering brands. The Energy segment provides metallic and nonmetallic gaskets, bolts, fasteners, and specialty products for the petrochemical, petroleum refining, oil field, water/waste water treatment, and other industrial markets under the Lamons brand. The Engineered Components segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder name; and various natural gas powered wellhead engines, compressors, and replacement parts for use in oil and natural gas production, and other industrial and commercial markets under the Arrow Engine name. It sells its products through a direct sales force, third-party agents, distributors, and licensees. The company is based in Bloomfield Hills, Michigan.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Metal forgings & stampings
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:TRS
Previous Symbol
CUSIP89621520
Phone248-631-5400

Debt

Debt-to-Equity Ratio0.48
Current Ratio3.02
Quick Ratio1.72

Price-To-Earnings

Trailing P/E Ratio19.48
Forward P/E Ratio15.58
P/E Growth3.17

Sales & Book Value

Annual Sales$817.74 million
Price / Sales1.53
Cash Flow$2.4262 per share
Price / Cash Flow11.24
Book Value$11.90 per share
Price / Book2.29

Profitability

EPS (Most Recent Fiscal Year)$1.40
Net Income$30.96 million
Net Margins7.27%
Return on Equity13.54%
Return on Assets7.41%

Miscellaneous

Employees4,000
Outstanding Shares45,810,000
Market Cap$1.27 billion
OptionableOptionable

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 earnings results on Tuesday, October, 30th. The industrial products company reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.46 by $0.02. The industrial products company earned $223.78 million during the quarter, compared to analyst estimates of $218.65 million. TriMas had a return on equity of 13.54% and a net margin of 7.27%. The company's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.39 earnings per share. View TriMas' Earnings History.

When is TriMas' next earnings date?

TriMas is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for TriMas.

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

TriMas updated its FY18 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $1.72-1.78 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.72. The company issued revenue guidance of $866.8 million, compared to the consensus revenue estimate of $863.18 million.

What price target have analysts set for TRS?

3 equities research analysts have issued 12-month price targets for TriMas' shares. Their forecasts range from $29.00 to $35.00. On average, they anticipate TriMas' share price to reach $32.00 in the next year. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for TriMas.

What is the consensus analysts' recommendation for TriMas?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriMas in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TriMas.

Has TriMas been receiving favorable news coverage?

News coverage about TRS stock has been trending somewhat positive recently, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. TriMas earned a news sentiment score of 1.2 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Who are some of TriMas' key competitors?

Who are TriMas' key executives?

TriMas' management team includes the folowing people:
  • Mr. Thomas A. Amato, CEO, Pres & Director (Age 55)
  • Mr. Robert J. Zalupski, Chief Financial Officer (Age 59)
  • Mr. Joshua A. Sherbin, Chief Compliance Officer, Sr. VP & Gen. Counsel (Age 55)
  • Mr. Al Malizia, VP of Operations
  • Mr. Paul A. Swart, Chief Accounting Officer, VP of Bus. Planning & Controller

Who are TriMas' major shareholders?

TriMas' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.68%), Vanguard Group Inc (8.68%), BlackRock Inc. (6.85%), Fiduciary Management Inc. WI (6.15%), Dimensional Fund Advisors LP (5.69%) and Victory Capital Management Inc. (4.73%). 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 Advisory Research Inc., Fiduciary Management Inc. WI, Royce & Associates LP, Massachusetts Financial Services Co. MA, Diamond Hill Capital Management Inc., Martingale Asset Management L P, First Manhattan Co. and Rothschild & Co. Asset Management US Inc.. Company insiders that have sold TriMas company stock in the last year include Joshua A Sherbin, Paul Swart and Robert J Zalupski. View Insider Buying and Selling for TriMas.

Which major investors are buying TriMas stock?

TRS stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Panagora Asset Management Inc., PNC Financial Services Group Inc., Vanguard Group Inc, Vanguard Group Inc., Marshall Wace LLP and Systematic Financial Management LP. 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 $27.27.

How big of a company is TriMas?

TriMas has a market capitalization of $1.27 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 $1.40 on an earnings per share basis. TriMas employs 4,000 workers across the globe.

What is TriMas' official website?

The official website for TriMas is http://www.trimascorp.com.

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 248-631-5400 or via email at [email protected]


MarketBeat Community Rating for TriMas (NASDAQ TRS)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  175 (Vote Outperform)
Underperform Votes:  271 (Vote Underperform)
Total Votes:  446
MarketBeat's community ratings are surveys of what our community members think about TriMas and other stocks. Vote "Outperform" if you believe TRS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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