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NASDAQ:TRSTriMas Stock Price, Forecast & News

$24.08
+0.63 (+2.69 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$23.74
Now: $24.08
$24.35
50-Day Range
$19.39
MA: $22.58
$25.89
52-Week Range
$18.05
Now: $24.08
$33.07
Volume111,000 shs
Average Volume214,214 shs
Market Capitalization$1.05 billion
P/E Ratio11.75
Dividend YieldN/A
Beta1.03
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. The Aerospace segment offers fasteners, collars, blind bolts, rivets, and precision-machined components to original equipment manufacturers, supply chain distributors, MRO/aftermarket providers, and tier one suppliers for commercial; maintenance, repair, and operations (MRO); and military aerospace applications and platforms under the TriMas Aerospace, Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, and Martinic Engineering brands. The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder name; industrial sealing, fastener, and specialty products for the petrochemical, petroleum refining, oil field, water/waste water treatment, and other industrial markets under the Lamons 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. The company sells its products through a direct sales force, third-party agents, distributors, and licensees. TriMas Corporation is headquartered in Bloomfield Hills, Michigan.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.58 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$723.53 million
Cash Flow$2.53 per share
Book Value$15.48 per share

Profitability

Net Income$98.62 million

Miscellaneous

Employees3,500
Market Cap$1.05 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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TriMas (NASDAQ:TRS) Frequently Asked Questions

How has TriMas' stock been impacted by COVID-19 (Coronavirus)?

TriMas' stock was trading at $22.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TRS stock has increased by 5.2% and is now trading at $24.08. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of TriMas?

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

When is TriMas' next earnings date?

TriMas is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for TriMas.

How were TriMas' earnings last quarter?

TriMas Corp (NASDAQ:TRS) announced its quarterly earnings results on Thursday, April, 30th. The industrial products company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.04. The industrial products company had revenue of $182.80 million for the quarter, compared to the consensus estimate of $177.23 million. TriMas had a return on equity of 10.72% and a net margin of 11.16%. The company's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.36 EPS. View TriMas' earnings history.

Has TriMas been receiving favorable news coverage?

News stories about TRS stock have trended negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. 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 news impact score of -2.7 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutTriMas.

Are investors shorting TriMas?

TriMas saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 478,100 shares, an increase of 37.7% from the April 30th total of 347,200 shares. Based on an average daily volume of 243,400 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.1% of the company's shares are short sold. View TriMas' Current Options Chain.

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

Who are TriMas' key executives?

TriMas' management team includes the following 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

What is TriMas' stock symbol?

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

Who are TriMas' major shareholders?

TriMas' stock is owned by many different institutional and retail investors. Top institutional investors include Wellington Management Group LLP (8.11%), Fiduciary Management Inc. WI (8.08%), BlackRock Inc. (7.27%), Champlain Investment Partners LLC (4.82%), Victory Capital Management Inc. (4.61%) and Victory Capital Management Inc. (4.61%). Company insiders that own TriMas stock include Daniel P Tredwell, Eugene A Miller, Fisher Steven, Holly M Boehne, 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 Pzena Investment Management LLC, Advisory Research Inc., Comerica Bank, Dupont Capital Management Corp, Thrivent Financial for Lutherans, Nuveen Asset Management LLC, AMI Investment Management Inc., and BlackRock Inc.. Company insiders that have sold TriMas company stock in the last year include Joshua A Sherbin, Paul Swart, Robert J Zalupski, and Thomas A Amato. View insider buying and selling activity for TriMas.

Which institutional investors are buying TriMas stock?

TRS stock was acquired by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Wells Fargo & Company MN, Fiduciary Management Inc. WI, Massachusetts Financial Services Co. MA, FDx Advisors Inc., FDx Advisors Inc., Wellington Management Group LLP, and Victory Capital Management Inc.. Company insiders that have bought TriMas stock in the last two years include Daniel P Tredwell, Fisher Steven, and Holly M Boehne. View insider buying and selling activity 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 $24.08.

How big of a company is TriMas?

TriMas has a market capitalization of $1.05 billion and generates $723.53 million in revenue each year. The industrial products company earns $98.62 million in net income (profit) each year or $1.45 on an earnings per share basis. TriMas employs 3,500 workers across the globe.

What is TriMas' official website?

The official website for TriMas is 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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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