TriMas Corporation Stock Price, News & Analysis (NASDAQ:TRS)

$25.25 -0.20 (-0.79 %)
(As of 11/17/2017 04:00 PM ET)
Previous Close$25.45
Today's Range$24.70 - $25.45
52-Week Range$19.75 - $28.85
Volume117,389 shs
Average Volume184,271 shs
Market Capitalization$1.16 billion
P/E Ratio17.91
Dividend YieldN/A
Beta2.07

About TriMas Corporation (NASDAQ:TRS)

TriMas Corporation logoTriMas 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: Non-Paper Containers & Packaging
  • Sub-Industry: Industrial Machinery
  • Sector: Non-Paper Containers & Packaging - NEC
  • Symbol: NASDAQ:TRS
  • CUSIP: 89621520
  • Web: www.trimascorp.com
Debt:
  • Debt-to-Equity Ratio: 0.62%
  • Current Ratio: 2.67%
  • Quick Ratio: 1.33%
Price-To-Earnings:
  • Trailing P/E Ratio: 17.91
  • Forward P/E Ratio: 18.04
  • P/E Growth: 2.73
Sales & Book Value:
  • Annual Sales: $794.02 million
  • Price / Sales: 1.45
  • Cash Flow: $4.52 per share
  • Price / Cash: 5.59
  • Book Value: $11.96 per share
  • Price / Book: 2.11
Profitability:
  • Trailing EPS: ($0.72)
  • Net Income: ($39,800,000.00)
  • Net Margins: -4.01%
  • Return on Equity: 12.18%
  • Return on Assets: 6.03%
Misc:
  • Employees: 4,000
  • Outstanding Shares: 45,720,000
 
Frequently Asked Questions for TriMas Corporation (NASDAQ:TRS)

What is TriMas Corporation's stock symbol?

TriMas Corporation trades on the NASDAQ under the ticker symbol "TRS."

How will TriMas Corporation's stock buyback program work?

TriMas Corporation declared that its Board of Directors has initiated a stock buyback plan on Wednesday, November 15th 2017, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 5.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

How were TriMas Corporation's earnings last quarter?

TriMas Corporation (NASDAQ:TRS) posted its quarterly earnings results on Thursday, October, 26th. The industrial products company reported $0.39 EPS for the quarter, meeting the Zacks' consensus estimate of $0.39. The industrial products company earned $209.30 million during the quarter, compared to analysts' expectations of $208.89 million. TriMas Corporation had a negative net margin of 4.01% and a positive return on equity of 12.18%. The company's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.35 earnings per share. View TriMas Corporation's Earnings History.

When will TriMas Corporation make its next earnings announcement?

TriMas Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, February, 27th 2018. View Earnings Estimates for TriMas Corporation.

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

TriMas Corporation issued an update on its FY17 earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of $1.37-1.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.42. The company issued revenue guidance of $809.9-825.78 million, compared to the consensus revenue estimate of $813.75 million.

Where is TriMas Corporation's stock going? Where will TriMas Corporation's stock price be in 2017?

4 equities research analysts have issued 12-month target prices for TriMas Corporation's shares. Their predictions range from $23.00 to $27.00. On average, they anticipate TriMas Corporation's share price to reach $25.25 in the next year. View Analyst Ratings for TriMas Corporation.

What are Wall Street analysts saying about TriMas Corporation stock?

Here are some recent quotes from research analysts about TriMas Corporation stock:

  • 1. According to Zacks Investment Research, "TriMas’ results will be impacted by currency volatility and uncertainty in the broader macroeconomic environment. A stronger dollar makes product exports more difficult and translation impacts hamper sales of the company’s packaging and energy businesses, in Europe and the UK. Lower oil prices have affected the Arrow Engine business, which serves the upstream oil and natural gas markets at the well site, within its Engineered Components segment. In the packaging segment, the company continues to witness softer sales in certain segments of the U.S. market, primarily in health, beauty and home care. This will impact the segment’s sales in second-half 2017. Its estimates have gone down recently." (10/2/2017)
  • 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 Corporation's key competitors?

Who are TriMas Corporation's key executives?

TriMas Corporation's 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)

Who owns TriMas Corporation stock?

TriMas Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fiduciary Management Inc. WI (6.30%), Dimensional Fund Advisors LP (5.57%), Pzena Investment Management LLC (0.00%), First Manhattan Co. (4.75%), Victory Capital Management Inc. (3.47%) and Royce & Associates LP (1.30%). Company insiders that own TriMas Corporation stock include Marshall A Cohen, Nancy Gougarty, Paul Swart, Robert J Zalupski and Thomas A Amato. View Institutional Ownership Trends for TriMas Corporation.

Who sold TriMas Corporation stock? Who is selling TriMas Corporation stock?

TriMas Corporation's stock was sold by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Heartland Advisors Inc., Diamond Hill Capital Management Inc., Russell Investments Group Ltd., First Trust Advisors LP, Dimensional Fund Advisors LP, Bank of New York Mellon Corp and Nationwide Fund Advisors. Company insiders that have sold TriMas Corporation company stock in the last year include Nancy Gougarty, Paul Swart and Robert J Zalupski. View Insider Buying and Selling for TriMas Corporation.

Who bought TriMas Corporation stock? Who is buying TriMas Corporation stock?

TriMas Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Fiduciary Management Inc. WI, Royce & Associates LP, Van Den Berg Management I Inc., American Century Companies Inc., Comerica Bank, Keybank National Association OH and JPMorgan Chase & Co.. View Insider Buying and Selling for TriMas Corporation.

How do I buy TriMas Corporation stock?

Shares of TriMas Corporation 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 Corporation's stock price today?

One share of TriMas Corporation stock can currently be purchased for approximately $25.25.

How big of a company is TriMas Corporation?

TriMas Corporation has a market capitalization of $1.16 billion and generates $794.02 million in revenue each year. The industrial products company earns ($39,800,000.00) in net income (profit) each year or ($0.72) on an earnings per share basis. TriMas Corporation employs 4,000 workers across the globe.

How can I contact TriMas Corporation?

TriMas Corporation's mailing address is 38505 Woodward Ave Ste 200, BLOOMFIELD HILLS, MI 48304-5093, United States. The industrial products company can be reached via phone at +1-248-6315400 or via email at sherrylauderback@trimascorp.com.


MarketBeat Community Rating for TriMas Corporation (NASDAQ TRS)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  299
MarketBeat's community ratings are surveys of what our community members think about TriMas Corporation 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.

Analyst Ratings

Analysts' Consensus Ratings for TriMas Corporation (NASDAQ:TRS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 3 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $25.25 (0.00% downside)
Consensus Price Target History for TriMas Corporation (NASDAQ:TRS)
Price Target History for TriMas Corporation (NASDAQ:TRS)
Analysts' Ratings History for TriMas Corporation (NASDAQ:TRS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/15/2017Seaport Global SecuritiesDowngradeBuy -> Neutral$27.00HighView Rating Details
8/9/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$27.00LowView Rating Details
7/31/2017Jefferies Group LLCReiterated RatingHold$22.00 -> $24.00MediumView Rating Details
3/1/2017Roth CapitalSet Price TargetHold$23.00N/AView Rating Details
2/16/2016Goldman Sachs Group, Inc. (The)Lower Price TargetNeutral$21.00 -> $19.00N/AView Rating Details
(Data available from 11/17/2015 forward)

Earnings

Earnings History for TriMas Corporation (NASDAQ:TRS)
Earnings by Quarter for TriMas Corporation (NASDAQ:TRS)
Earnings History by Quarter for TriMas Corporation (NASDAQ TRS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2018        
10/26/2017Q3 2017$0.39$0.39$208.89 million$209.30 millionViewN/AView Earnings Details
7/27/2017Q2 2017$0.36$0.40$205.22 million$213.39 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.28$0.30$200.40 million$199.80 millionViewN/AView Earnings Details
2/28/2017Q4 2016$0.30$0.30$191.10 million$185.50 millionViewListenView Earnings Details
10/27/2016Q3$0.34$0.35$213.24 million$202.30 millionViewListenView Earnings Details
7/28/2016Q216$0.34$0.34$222.52 million$203.30 millionViewListenView Earnings Details
4/28/2016Q116$0.26$0.27$202.44 million$202.90 millionViewListenView Earnings Details
2/25/2016Q415$0.29$0.29$209.96 million$192.80 millionViewListenView Earnings Details
10/29/2015Q315$0.30$0.39$219.17 million$222.20 millionViewListenView Earnings Details
8/4/2015Q215$0.31$0.30$234.10 million$224.90 millionViewListenView Earnings Details
4/28/2015Q115$0.43$0.41$378.80 million$366.50 millionViewListenView Earnings Details
2/25/2015Q414$0.37$0.37$348.08 million$350.60 millionViewListenView Earnings Details
10/28/2014Q314$0.43$0.47$371.90 million$380.10 millionViewN/AView Earnings Details
7/31/2014Q214$0.64$0.58$399.50 million$404.00 millionViewN/AView Earnings Details
4/29/2014Q114$0.37$0.41$356.43 million$367.70 millionViewN/AView Earnings Details
2/20/2014Q413$0.36$0.31$321.60 million$323.40 millionViewN/AView Earnings Details
10/28/2013Q313$0.61$0.70$356.73 million$355.60 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.66$0.69$361.74 million$378.00 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.41$0.44$326.42 million$337.80 millionViewN/AView Earnings Details
2/26/2013Q4 2012$0.33$0.33$291.23 million$301.00 millionViewN/AView Earnings Details
10/25/2012$0.48$0.47ViewN/AView Earnings Details
7/30/2012$0.55$0.61ViewN/AView Earnings Details
4/26/2012$0.33$0.39ViewN/AView Earnings Details
10/27/2011$0.47$0.52ViewN/AView Earnings Details
7/28/2011$0.50$0.56ViewN/AView Earnings Details
4/28/2011$0.30$0.34ViewN/AView Earnings Details
2/28/2011$0.14$0.13ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TriMas Corporation (NASDAQ:TRS)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.41$0.41$0.41
Q3 20171$0.43$0.43$0.43
(Data provided by Zacks Investment Research)

Dividends

Dividend History for TriMas Corporation (NASDAQ:TRS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for TriMas Corporation (NASDAQ TRS)
Insider Ownership Percentage: 1.40%
Insider Trades by Quarter for TriMas Corporation (NASDAQ:TRS)
Institutional Ownership by Quarter for TriMas Corporation (NASDAQ:TRS)
Insider Trades by Quarter for TriMas Corporation (NASDAQ TRS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/3/2017Paul SwartInsiderSell1,500$26.57$39,855.00View SEC Filing  
11/3/2017Robert J ZalupskiCFOSell800$26.60$21,280.00View SEC Filing  
8/1/2017Nancy GougartyDirectorSell5,882$24.80$145,873.60View SEC Filing  
8/1/2017Paul SwartInsiderSell3,000$24.76$74,280.00View SEC Filing  
5/24/2017Robert J ZalupskiCFOSell2,200$22.00$48,400.00View SEC Filing  
5/4/2017Thomas A AmatoInsiderBuy1,700$22.75$38,675.00View SEC Filing  
3/14/2017Robert J ZalupskiCFOSell1,500$21.25$31,875.00View SEC Filing  
3/13/2017Nancy GougartyDirectorSell2,976$21.01$62,525.76View SEC Filing  
3/13/2017Robert J ZalupskiCFOSell5,000$21.10$105,500.00View SEC Filing  
11/4/2016Thomas A AmatoInsiderBuy2,000$17.70$35,400.00View SEC Filing  
10/31/2016Thomas A AmatoInsiderBuy2,200$17.61$38,742.00View SEC Filing  
8/5/2016Thomas A AmatoInsiderBuy8,000$17.83$142,640.00View SEC Filing  
3/8/2016Nancy GougartyDirectorSell4,005$17.61$70,528.05View SEC Filing  
11/24/2015Marshall A CohenDirectorSell36,183$21.00$759,843.00View SEC Filing  
11/9/2015Herbert K ParkerDirectorBuy2,500$20.33$50,825.00View SEC Filing  
10/6/2015Laura Lee DuffettDirectorBuy7,000$0.02$140.00
10/5/2015Laura Lee DuffettDirectorBuy13,000$0.02$260.00
8/11/2015Robert J ZalupskiCFOBuy2,500$17.60$44,000.00View SEC Filing  
5/21/2015William Brent MoureDirectorBuy15,000$0.02$300.00
5/20/2015William Brent MoureDirectorBuy6,000$0.02$120.00
5/14/2015William Brent MoureDirectorBuy150,000$0.02$3,000.00
5/11/2015Marshall A CohenDirectorSell6,424$28.38$182,313.12View SEC Filing  
4/2/2015William Brent MoureDirectorBuy200,000$0.02$3,000.00
11/3/2014Thomas M BensonInsiderSell3,500$32.43$113,505.00View SEC Filing  
10/31/2014William Brent MoureDirectorBuy60,000$0.02$900.00
5/27/2014Joshua A SherbinVPSell10,000$35.53$355,300.00View SEC Filing  
5/27/2014Lynn A BrooksInsiderSell6,000$36.28$217,680.00View SEC Filing  
5/23/2014Thomas M BensonInsiderSell4,000$35.33$141,320.00View SEC Filing  
5/19/2014Paul SwartCAOSell1,000$34.67$34,670.00View SEC Filing  
5/2/2014A Mark ZeffiroCFOSell13,000$35.05$455,650.00View SEC Filing  
5/1/2014Joshua SherbinVPSell2,000$35.41$70,820.00View SEC Filing  
12/19/2013Daniel TredwellDirectorSell99,814$38.56$3,848,827.84View SEC Filing  
12/17/2013Daniel TredwellDirectorSell120,000$37.67$4,520,400.00View SEC Filing  
12/12/2013Daniel TredwellDirectorSell15,000$35.84$537,600.00View SEC Filing  
12/9/2013Daniel TredwellDirectorSell25,000$36.32$908,000.00View SEC Filing  
12/4/2013Daniel TredwellDirectorSell15,000$36.36$545,400.00View SEC Filing  
11/22/2013Daniel TredwellDirectorSell200,000$36.70$7,340,000.00View SEC Filing  
11/18/2013Daniel TredwellDirectorSell248,413$36.97$9,183,828.61View SEC Filing  
11/18/2013Joshua SherbinVPSell10,616$37.34$396,401.44View SEC Filing  
11/14/2013Daniel TredwellDirectorSell91,100$37.71$3,435,381.00View SEC Filing  
11/6/2013Lynn BrooksInsiderSell5,000$37.64$188,200.00View SEC Filing  
11/4/2013A Mark ZeffiroCFOSell8,067$37.92$305,900.64View SEC Filing  
10/29/2013A Mark ZeffiroCFOSell17,600$40.27$708,752.00View SEC Filing  
8/26/2013Lynn BrooksInsiderSell2,000$36.99$73,980.00View SEC Filing  
8/15/2013Samuel Valenti IIIChairmanSell20,245$37.54$759,997.30View SEC Filing  
7/30/2013Daniel P TredwellDirectorSell1,000,000$36.34$36,340,000.00View SEC Filing  
7/30/2013David M WathenCEOSell50,000$37.14$1,857,000.00View SEC Filing  
7/29/2013Daniel P TredwellDirectorSell30,643$37.71$1,155,547.53View SEC Filing  
5/31/2013Daniel P TredwellDirectorSell68,200$32.61$2,224,002.00View SEC Filing  
5/31/2013Thomas M BensonInsiderSell10,000$32.50$325,000.00View SEC Filing  
5/28/2013Daniel P TredwellDirectorSell66,802$32.57$2,175,741.14View SEC Filing  
5/28/2013Paul SwartCAOSell2,600$32.47$84,422.00View SEC Filing  
5/22/2013Daniel P TredwellDirectorSell125,000$32.74$4,092,500.00View SEC Filing  
5/15/2013Thomas M BensonInsiderSell5,655$31.75$179,546.25View SEC Filing  
5/14/2013Robert J ZalupskiVPSell11,110$31.70$352,187.00View SEC Filing  
5/10/2013Thomas M BensonInsiderSell3,756$31.50$118,314.00View SEC Filing  
5/8/2013Joshua A SherbinVPSell6,000$31.91$191,460.00View SEC Filing  
5/7/2013Lynn A BrooksInsiderSell3,500$31.52$110,320.00View SEC Filing  
3/12/2013Lynn A BrooksInsiderSell2,000$29.08$58,160.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TriMas Corporation (NASDAQ:TRS)
Latest Headlines for TriMas Corporation (NASDAQ TRS)
Source:
DateHeadline
Head to Head Survey: TriMas Corporation (TRS) & Its PeersHead to Head Survey: TriMas Corporation (TRS) & Its Peers
www.americanbankingnews.com - November 16 at 7:10 PM
TriMas Corporation (TRS) to Repurchase $50.00 million in   SharesTriMas Corporation (TRS) to Repurchase $50.00 million in Shares
www.americanbankingnews.com - November 15 at 1:38 PM
Trimas downgraded by JP MorganTrimas downgraded by JP Morgan
us.rd.yahoo.com - January 14 at 6:41 AM
TRS Crosses Above Average Analyst TargetTRS Crosses Above Average Analyst Target
www.thestreet.com - November 11 at 7:46 PM
TriMas (TRS) Q3 2016 Results - Earnings Call TranscriptTriMas (TRS) Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - October 27 at 7:57 PM
TriMas Corporation Reports Second Quarter 2016 ResultsTriMas Corporation Reports Second Quarter 2016 Results
globenewswire.com - July 29 at 10:57 AM
TriMas Corp. (TRS) Reports In-Line Q2 EPS, Reduces FY GuidanceTriMas Corp. (TRS) Reports In-Line Q2 EPS, Reduces FY Guidance
www.streetinsider.com - July 29 at 10:57 AM
TRIMAS CORP Files SEC form 8-K, Change in Directors or Principal OfficersTRIMAS CORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - July 28 at 3:18 PM
Stocks Richard Pzena Has Bought for — QuartersStocks Richard Pzena Has Bought for — Quarters
www.nasdaq.com - June 17 at 10:35 AM
TRIMAS CORP Files SEC form 8-K, Submission of Matters to a Vote of Security HoldersTRIMAS CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - May 13 at 3:21 PM
TriMas Corp Earnings Call scheduled for 10:00 am ET todayTriMas Corp Earnings Call scheduled for 10:00 am ET today
biz.yahoo.com - April 28 at 10:00 AM

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Chart

TriMas Corporation (NASDAQ TRS) Chart for Friday, November, 17, 2017
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This page was last updated on 11/17/2017 by MarketBeat.com Staff

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