About TriMas Corp (NYSE:TRS)
TriMas 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:
- Sector: Basic Materials
- Industry: Non-Paper Containers & Packaging
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:TRS
- CUSIP: 89621520
- Web: www.trimascorp.com
- Market Cap: $1.27 billion
- Outstanding Shares: 45,721,000
- 50 Day Moving Avg: $26.21
- 200 Day Moving Avg: $23.12
- 52 Week Range: $17.26 - $28.40
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 17.90
- P/E Growth: 1.63
- Annual Revenue: $801.02 million
- Price / Sales: 1.58
- Book Value: $11.56 per share
- Price / Book: 2.40
- EBITDA: $117.54 million
- Net Margins: 6.96%
- Return on Equity: 11.47%
- Return on Assets: 5.66%
- Average Volume: 197,436 shs.
- Short Ratio: 2.61
Frequently Asked Questions for TriMas Corp (NYSE:TRS)
What is TriMas Corp's stock symbol?
TriMas Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRS."
How were TriMas Corp's earnings last quarter?
TriMas Corp (NYSE:TRS) posted its quarterly earnings data on Thursday, July, 27th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.04. The firm earned $213.39 million during the quarter, compared to analysts' expectations of $205.22 million. TriMas Corp had a net margin of 6.96% and a return on equity of 11.47%. The company's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.34 EPS. View TriMas Corp's Earnings History.
When will TriMas Corp make its next earnings announcement?
What guidance has TriMas Corp issued on next quarter's earnings?
TriMas Corp issued an update on its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $1.35-1.45 for the period, compared to the Thomson Reuters consensus estimate of $1.40. The company issued revenue guidance of $809-826 million (+2-4%), compared to the consensus revenue estimate of $806.75 million.
Where is TriMas Corp's stock going? Where will TriMas Corp's stock price be in 2017?
4 analysts have issued 1-year price objectives for TriMas Corp's stock. Their forecasts range from $23.00 to $27.00. On average, they anticipate TriMas Corp's stock price to reach $25.25 in the next year. View Analyst Ratings for TriMas Corp.
What are analysts saying about TriMas Corp stock?
Here are some recent quotes from research analysts about TriMas Corp 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 Corp's key competitors?
Some companies that are related to TriMas Corp include Yamana Gold (AUY), Parex Resources (PXT), Parex Resources (PXT), Detour Gold (DGC), Hudbay Minerals (HBM), Tronox Ltd (TROX), Ferroglobe PLC (GSM), Commercial Metals Company (CMC), Paramount Resources (POU), Salzgitter AG (SZGPY), Carpenter Technology Corporation (CRS), Endeavour Mining Corp (EDV), OceanaGold (OGC), CENTAMIN PLC (CELTF), U.S. Silica Holdings (SLCA), Compass Minerals International (CMP), Cliffs Natural Resources (CLF) and KapStone Paper and Packaging Corporation (KS).
Who are TriMas Corp's key executives?
TriMas Corp's management team includes the folowing people:
- Samuel Valenti III, Independent Chairman of the Board
- Thomas A. Amato, President, Chief Executive Officer, Director
- Robert J. Zalupski, Chief Financial Officer
- Joshua A. Sherbin, Senior Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary
- Richard Marcel Gabrys, Independent Director
- Nancy S. Gougarty, Independent Director
- Eugene A. Miller, Independent Director
- Herbert Kent Parker, Independent Director
- Nick Lee Stanage, Independent Director
How do I buy TriMas Corp stock?
Shares of TriMas Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TriMas Corp's stock price today?
MarketBeat Community Rating for TriMas Corp (NYSE TRS)MarketBeat's community ratings are surveys of what our community members think about TriMas Corp 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.
One share of TriMas Corp stock can currently be purchased for approximately $27.75.
Consensus Ratings for TriMas Corp (NYSE:TRS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$25.25 (9.01% downside)|Consensus Price Target History for TriMas Corp (NYSE:TRS)
Analysts' Ratings History for TriMas Corp (NYSE:TRS)
(Data available from 10/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/15/2017||Seaport Global Securities||Downgrade||Buy -> Neutral||$27.00||High|
|8/9/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$27.00||Low|
|7/31/2017||Jefferies Group LLC||Reiterated Rating||Hold||$22.00 -> $24.00||Medium|
|3/1/2017||Roth Capital||Set Price Target||Hold||$23.00||N/A|
|2/16/2016||Goldman Sachs Group, Inc. (The)||Lower Price Target||Neutral||$21.00 -> $19.00||N/A|
Earnings History for TriMas Corp (NYSE:TRS)Earnings History by Quarter for TriMas Corp (NYSE TRS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.36||$0.40||$205.22 million||$213.39 million||View||N/A|
|4/27/2017||Q1 2017||$0.28||$0.30||$200.40 million||$199.80 million||View||N/A|
|2/28/2017||Q4 2016||$0.30||$0.30||$191.10 million||$185.50 million||View||Listen|
|10/27/2016||Q3||$0.34||$0.35||$213.24 million||$202.30 million||View||Listen|
|7/28/2016||Q216||$0.34||$0.34||$222.52 million||$203.30 million||View||Listen|
|4/28/2016||Q116||$0.26||$0.27||$202.44 million||$202.90 million||View||Listen|
|2/25/2016||Q415||$0.29||$0.29||$209.96 million||$192.80 million||View||Listen|
|10/29/2015||Q315||$0.30||$0.39||$219.17 million||$222.20 million||View||Listen|
|8/4/2015||Q215||$0.31||$0.30||$234.10 million||$224.90 million||View||Listen|
|4/28/2015||Q115||$0.43||$0.41||$378.80 million||$366.50 million||View||Listen|
|2/25/2015||Q414||$0.37||$0.37||$348.08 million||$350.60 million||View||Listen|
|10/28/2014||Q314||$0.43||$0.47||$371.90 million||$380.10 million||View||N/A|
|7/31/2014||Q214||$0.64||$0.58||$399.50 million||$404.00 million||View||N/A|
|4/29/2014||Q114||$0.37||$0.41||$356.43 million||$367.70 million||View||N/A|
|2/20/2014||Q413||$0.36||$0.31||$321.60 million||$323.40 million||View||N/A|
|10/28/2013||Q313||$0.61||$0.70||$356.73 million||$355.60 million||View||N/A|
|7/25/2013||Q2 2013||$0.66||$0.69||$361.74 million||$378.00 million||View||N/A|
|4/25/2013||Q1 2013||$0.41||$0.44||$326.42 million||$337.80 million||View||N/A|
|2/26/2013||Q4 2012||$0.33||$0.33||$291.23 million||$301.00 million||View||N/A|
Earnings Estimates for TriMas Corp (NYSE:TRS)
2017 EPS Consensus Estimate: $1.37
2018 EPS Consensus Estimate: $1.56
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for TriMas Corp (NYSE:TRS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for TriMas Corp (NYSE:TRS)Insider Trades by Quarter for TriMas Corp (NYSE:TRS)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/1/2017||Nancy Gougarty||Director||Sell||5,882||$24.80||$145,873.60|| |
|8/1/2017||Paul Swart||Insider||Sell||3,000||$24.76||$74,280.00|| |
|5/24/2017||Robert J Zalupski||CFO||Sell||2,200||$22.00||$48,400.00|| |
|5/4/2017||Thomas A Amato||Insider||Buy||1,700||$22.75||$38,675.00|| |
|3/14/2017||Robert J Zalupski||CFO||Sell||1,500||$21.25||$31,875.00|| |
|3/13/2017||Nancy Gougarty||Director||Sell||2,976||$21.01||$62,525.76|| |
|3/13/2017||Robert J Zalupski||CFO||Sell||5,000||$21.10||$105,500.00|| |
|11/4/2016||Thomas A Amato||Insider||Buy||2,000||$17.70||$35,400.00|| |
|10/31/2016||Thomas A Amato||Insider||Buy||2,200||$17.61||$38,742.00|| |
|8/5/2016||Thomas A Amato||Insider||Buy||8,000||$17.83||$142,640.00|| |
|3/8/2016||Nancy Gougarty||Director||Sell||4,005||$17.61||$70,528.05|| |
|11/24/2015||Marshall A Cohen||Director||Sell||36,183||$21.00||$759,843.00|| |
|11/9/2015||Herbert K Parker||Director||Buy||2,500||$20.33||$50,825.00|| |
|10/6/2015||Laura Lee Duffett||Director||Buy||7,000||$0.02||$140.00|
|10/5/2015||Laura Lee Duffett||Director||Buy||13,000||$0.02||$260.00|
|8/11/2015||Robert J Zalupski||CFO||Buy||2,500||$17.60||$44,000.00|| |
|5/21/2015||William Brent Moure||Director||Buy||15,000||$0.02||$300.00|
|5/20/2015||William Brent Moure||Director||Buy||6,000||$0.02||$120.00|
|5/14/2015||William Brent Moure||Director||Buy||150,000||$0.02||$3,000.00|
|5/11/2015||Marshall A Cohen||Director||Sell||6,424||$28.38||$182,313.12|| |
|4/2/2015||William Brent Moure||Director||Buy||200,000||$0.02||$3,000.00|
|11/3/2014||Thomas M Benson||Insider||Sell||3,500||$32.43||$113,505.00|| |
|10/31/2014||William Brent Moure||Director||Buy||60,000||$0.02||$900.00|
|5/27/2014||Joshua A Sherbin||VP||Sell||10,000||$35.53||$355,300.00|| |
|5/27/2014||Lynn A Brooks||Insider||Sell||6,000||$36.28||$217,680.00|| |
|5/23/2014||Thomas M Benson||Insider||Sell||4,000||$35.33||$141,320.00|| |
|5/19/2014||Paul Swart||CAO||Sell||1,000||$34.67||$34,670.00|| |
|5/2/2014||A Mark Zeffiro||CFO||Sell||13,000||$35.05||$455,650.00|| |
|5/1/2014||Joshua Sherbin||VP||Sell||2,000||$35.41||$70,820.00|| |
|12/19/2013||Daniel Tredwell||Director||Sell||99,814||$38.56||$3,848,827.84|| |
|12/17/2013||Daniel Tredwell||Director||Sell||120,000||$37.67||$4,520,400.00|| |
|12/12/2013||Daniel Tredwell||Director||Sell||15,000||$35.84||$537,600.00|| |
|12/9/2013||Daniel Tredwell||Director||Sell||25,000||$36.32||$908,000.00|| |
|12/4/2013||Daniel Tredwell||Director||Sell||15,000||$36.36||$545,400.00|| |
|11/22/2013||Daniel Tredwell||Director||Sell||200,000||$36.70||$7,340,000.00|| |
|11/18/2013||Daniel Tredwell||Director||Sell||248,413||$36.97||$9,183,828.61|| |
|11/18/2013||Joshua Sherbin||VP||Sell||10,616||$37.34||$396,401.44|| |
|11/14/2013||Daniel Tredwell||Director||Sell||91,100||$37.71||$3,435,381.00|| |
|11/6/2013||Lynn Brooks||Insider||Sell||5,000||$37.64||$188,200.00|| |
|11/4/2013||A Mark Zeffiro||CFO||Sell||8,067||$37.92||$305,900.64|| |
|10/29/2013||A Mark Zeffiro||CFO||Sell||17,600||$40.27||$708,752.00|| |
|8/26/2013||Lynn Brooks||Insider||Sell||2,000||$36.99||$73,980.00|| |
|8/15/2013||Samuel Valenti III||Chairman||Sell||20,245||$37.54||$759,997.30|| |
|7/30/2013||Daniel P Tredwell||Director||Sell||1,000,000||$36.34||$36,340,000.00|| |
|7/30/2013||David M Wathen||CEO||Sell||50,000||$37.14||$1,857,000.00|| |
|7/29/2013||Daniel P Tredwell||Director||Sell||30,643||$37.71||$1,155,547.53|| |
|5/31/2013||Daniel P Tredwell||Director||Sell||68,200||$32.61||$2,224,002.00|| |
|5/31/2013||Thomas M Benson||Insider||Sell||10,000||$32.50||$325,000.00|| |
|5/28/2013||Daniel P Tredwell||Director||Sell||66,802||$32.57||$2,175,741.14|| |
|5/28/2013||Paul Swart||CAO||Sell||2,600||$32.47||$84,422.00|| |
|5/22/2013||Daniel P Tredwell||Director||Sell||125,000||$32.74||$4,092,500.00|| |
|5/15/2013||Thomas M Benson||Insider||Sell||5,655||$31.75||$179,546.25|| |
|5/14/2013||Robert J Zalupski||VP||Sell||11,110||$31.70||$352,187.00|| |
|5/10/2013||Thomas M Benson||Insider||Sell||3,756||$31.50||$118,314.00|| |
|5/8/2013||Joshua A Sherbin||VP||Sell||6,000||$31.91||$191,460.00|| |
|5/7/2013||Lynn A Brooks||Insider||Sell||3,500||$31.52||$110,320.00|| |
|3/12/2013||Lynn A Brooks||Insider||Sell||2,000||$29.08||$58,160.00|| |
Headline Trends for TriMas Corp (NYSE:TRS)
Latest Headlines for TriMas Corp (NYSE:TRS)
TriMas Corp (TRS) Chart for Tuesday, October, 17, 2017