TriMas Corporation manufactures and sells products for consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets worldwide. It operates in three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment designs, manufactures, and sells specialty closure products, including steel and plastic drum closures, plastic pail dispensers and plugs, and plastic enclosures; specialty dispensing products, such as foamers, lotion pumps, fine mist sprayers, airless dispensers, and other packaging solutions for the cosmetic, personal care, and household product markets; and specialty plastic closures for bottles and jars in the food and beverage markets under the Rieke name.
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Industry, Sector and Symbol
Industry Metal forgings & stampings
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Phone248-631-5400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$877.14 million
Profitability
Miscellaneous
Employees4,000
Next Earnings Date10/29/2019 (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) issued its quarterly earnings results on Tuesday, July, 30th. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.50. The industrial products company earned $239.37 million during the quarter, compared to the consensus estimate of $240.57 million. TriMas had a return on equity of 13.32% and a net margin of 8.99%. TriMas's revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $0.48 earnings per share. View TriMas' Earnings History.
When is TriMas' next earnings date?
What guidance has TriMas issued on next quarter's earnings?
TriMas updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $1.85-1.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.91.
What price target have analysts set for TRS?
2 brokers have issued twelve-month price targets for TriMas' shares. Their predictions range from $33.00 to $36.00. On average, they anticipate TriMas' stock price to reach $34.50 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Price Targets for TriMas.
What is the consensus analysts' recommendation for TriMas?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriMas in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TriMas.
Has TriMas been receiving favorable news coverage?
Media coverage about TRS stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TriMas earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for TriMas.
Are investors shorting TriMas?
TriMas saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 428,000 shares, an increase of 17.1% from the July 31st total of 365,500 shares. Based on an average trading volume of 137,500 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.0% of the shares of the company are short sold. View TriMas' Current Options Chain.
Who are some of TriMas' key competitors?
What other stocks do shareholders of TriMas own?
Who are TriMas' key executives?
TriMas' management team includes the folowing people:
- Mr. Thomas A. Amato, Pres, CEO & 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 a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.99%), BlackRock Inc. (7.56%), Fiduciary Management Inc. WI (6.71%), Victory Capital Management Inc. (3.71%), Pzena Investment Management LLC (3.40%) and Royal Bank of Canada (2.65%). Company insiders that own TriMas stock include Eugene A Miller, Joshua A Sherbin, Nancy Gougarty, Paul Swart, Robert J Zalupski and Thomas A Amato. View Institutional Ownership Trends for TriMas.
Which institutional investors are selling TriMas stock?
TRS stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Pzena Investment Management LLC, Royal Bank of Canada, First Manhattan Co., Vanguard Group Inc., Skyline Asset Management LP, Prudential Financial Inc. and Citadel Advisors LLC. Company insiders that have sold TriMas company stock in the last year include Eugene A Miller, Joshua A Sherbin, Nancy Gougarty, Robert J Zalupski and Thomas A Amato. View Insider Buying and Selling for TriMas.
Which institutional investors are buying TriMas stock?
TRS stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Fiduciary Management Inc. WI, Mawer Investment Management Ltd., Panagora Asset Management Inc., Bank of New York Mellon Corp, Renaissance Technologies LLC, BlackRock Inc. and First Trust Advisors 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, Robinhood, Fidelity and Charles Schwab.
What is TriMas' stock price today?
One share of TRS stock can currently be purchased for approximately $30.88.
How big of a company is TriMas?
TriMas has a market capitalization of $1.40 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.View Additional Information About TriMas.
What is TriMas' official website?
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)
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.
