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

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$30.25 +0.45 (+1.51 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$29.80
Today's Range$29.74 - $30.47
52-Week Range$24.70 - $32.73
Volume136,250 shs
Average Volume159,024 shs
Market Capitalization$1.38 billion
P/E Ratio17.29
Dividend YieldN/A
Beta1.58
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

Industry Metal forgings & stampings
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:TRS
CUSIP89621520
Phone248-631-5450

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$877.14 million
Cash Flow$2.7983 per share
Book Value$13.54 per share

Profitability

Net Income$83.30 million

Miscellaneous

Employees4,000
Market Cap$1.38 billion
Next Earnings Date4/25/2019 (Estimated)
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 quarterly earnings results on Thursday, February, 28th. The industrial products company reported $0.38 earnings per share for the quarter, meeting the consensus estimate of $0.38. The industrial products company had revenue of $211.35 million for the quarter, compared to analysts' expectations of $205.52 million. TriMas had a return on equity of 13.61% and a net margin of 9.50%. The company's revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.31 EPS. View TriMas' Earnings History.

When is TriMas' next earnings date?

TriMas is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for TriMas.

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

TriMas issued an update on its FY19 earnings guidance on Thursday, February, 28th. The company provided earnings per share (EPS) guidance of $1.82-1.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.88.

What price target have analysts set for TRS?

3 Wall Street analysts have issued 12 month price objectives for TriMas' stock. Their predictions range from $33.00 to $36.00. On average, they expect TriMas' share price to reach $34.50 in the next year. This suggests a possible upside of 14.0% 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 stories about TRS stock have been trending somewhat negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TriMas earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of TriMas' key competitors?

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), Bank of America (BAC), Fossil Group (FOSL), Chaarat Gold (CGH), First Data (FDC), Associated British Foods (ABF), Ciena (CIEN), Apollo Global Management (APO), tronc (TRNC) and China Unicom (Hong Kong) (CHU).

Who are TriMas' key executives?

TriMas' management team includes the folowing people:
  • Mr. Thomas A. Amato, CEO, Pres & Director (Age 56)
  • Mr. Robert J. Zalupski, Chief Financial Officer (Age 60)
  • Mr. Joshua Alan Sherbin, Chief Compliance Officer, Sr. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • 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 shareholders include BlackRock Inc. (7.02%), Dimensional Fund Advisors LP (5.66%), Victory Capital Management Inc. (4.60%), Pzena Investment Management LLC (4.13%), First Manhattan Co. (2.84%) and Norges Bank (2.35%). 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 Pzena Investment Management LLC, Skyline Asset Management LP, James Investment Research Inc., First Manhattan Co., Massachusetts Financial Services Co. MA, Royce & Associates LP, Victory Capital Management Inc. and First Trust Advisors LP. 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 bought by a variety of institutional investors in the last quarter, including Norges Bank, Lord Abbett & CO. LLC, Mawer Investment Management Ltd., Natixis Advisors L.P., BlackRock Inc., Comerica Bank, Geode Capital Management LLC and Geode Capital Management 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 $30.25.

How big of a company is TriMas?

TriMas has a market capitalization of $1.38 billion and generates $877.14 million in revenue each year. The industrial products company earns $83.30 million in net income (profit) each year or $1.75 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 248-631-5450 or via email at [email protected]


MarketBeat Community Rating for TriMas (NASDAQ TRS)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  284 (Vote Underperform)
Total Votes:  472
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 3/25/2019 by MarketBeat.com Staff

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