Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Trimas Corp (TRS)
NASDAQ:TRS
Holding TRS?
Track your performance easily
TRS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.45 - $28.51
Previous Close$26.42
Volume316.37K
Average Volume (3M)378.42K
Market Cap
$1.07B
Enterprise Value$1.45B
Total Cash (Recent Filing)$26.91M
Total Debt (Recent Filing)$409.95M
Price to Earnings (P/E)41.0
Beta0.86
Next Earnings
Feb 27, 2025EPS Estimate
$0.48Last Dividend Ex-Date
Nov 05, 2024Dividend Yield0.6%
Share Statistics
EPS (TTM)0.64
Shares Outstanding40,571,662
10 Day Avg. Volume265,816
30 Day Avg. Volume378,421
Standard Deviation0.07
R-Squared0.24
Alpha-0.00829
Financial Highlights & Ratios
Price to Book (P/B)1.57
Price to Sales (P/S)1.17
Price to Cash Flow (P/CF)12.10
P/FCF Ratio26.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.60
Enterprise Value/Gross Profit7.23
Enterprise Value/Ebitda18.97
Forecast
1Y Price Target
$40.00Price Target Upside51.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Trimas News
PremiumCompany Announcements
TriMas Reports Mixed Q3 2024 Financial Results
Bulls Say, Bears Say
Bulls Say
Financial PerformanceTRS continues to trade significantly below the price target even though free cash flow continues to fund debt reduction, share repurchase, and cash dividend.
UndervaluationTRS's current valuation provides little value for each segment, suggesting potential undervaluation compared to similar businesses.
ValuationTRS trades at a discount valuation even after adjusting earnings estimates for the expected slowdown in the aerospace segment.
Bears Say
Operational EfficiencyIt could be another one or two quarters before the packaging business is operating efficiently.
Sales PerformanceA work stoppage at one of the aerospace segment’s manufacturing sites resulted in the sales missing our estimates.
Supply Chain ChallengesThe aerospace business has been facing challenges as sourcing enough materials has been preventing greater sales figures.
---
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
TRS FAQ
What was Trimas Corp’s price range in the past 12 months?
Trimas Corp lowest stock price was $22.45 and its highest was $28.51 in the past 12 months.
What is Trimas Corp’s market cap?
Currently, no data Available
When is Trimas Corp’s upcoming earnings report date?
Trimas Corp’s upcoming earnings report date is Feb 27, 2025 which is in 67 days.
How were Trimas Corp’s earnings last quarter?
Trimas Corp released its earnings results on Nov 04, 2024. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.578 by -$0.148.
Is Trimas Corp overvalued?
According to Wall Street analysts Trimas Corp’s price is currently Undervalued.
Does Trimas Corp pay dividends?
Trimas Corp pays a Quarterly dividend of $0.039 which represents an annual dividend yield of 0.6%. See more information on Trimas Corp dividends here
What is Trimas Corp’s EPS estimate?
Trimas Corp’s EPS estimate is $0.48.
How many shares outstanding does Trimas Corp have?
Trimas Corp has 40,571,663 shares outstanding.
What happened to Trimas Corp’s price movement after its last earnings report?
Trimas Corp reported an EPS of $0.43 in its last earnings report, missing expectations of $0.578. Following the earnings report the stock price went down -8.105%.
Which hedge fund is a major shareholder of Trimas Corp?
Among the largest hedge funds holding Trimas Corp’s share is Pzena Investment Management LLC. It holds Trimas Corp’s shares valued at 55M.
---
Trimas Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$40.00 (51.40% Upside)
$40.00 (51.40% Upside)
Hedge Fund Trend
Decreased
By 28.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $208.5K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.70%
12-Months-Change
Fundamentals
Return on Equity
3.91%
Trailing 12-Months
Asset Growth
1.93%
Trailing 12-Months
Company Description
Trimas Corp
TriMas Corp. engages in the manufacture of industrial products for customers in the consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets. It operates through the following segments: Packaging, Aerospace and Specialty Products. The Packaging segment focuses in the development and manufacture of dispensing products (such as foaming pumps, mist pumps, lotion pumps, and trigger sprayers); polymeric and steel caps and closures; and polymeric jar products for a variety of end markets including, but not limited to, health, beauty and home care, food and beverage, and industrial under the brand name Rieke, Taplast and Stolz. The Aerospace segment involves in the design and manufacture of precision fasteners and machined products to serve the aerospace market under the brand name Monogram Aerospace Fasteners, Allfast Fastening Systems, and Mac Fasteners. The Specialty Products segment encompasses the Norris Cylinder, Lamons, and Arrow Engine brands, which produces steel cylinders, machined metallic components, and wellhead engines and compression systems for use within the industrial and aerospace end markets. The company was founded by Brian P. Campbell in May 1986 and is headquartered in Bloomfield Hills, MI.
---
TRS Company Deck
---
TRS Earnings Call
Q3 2024
0:00 / 0:00
---
TRS Stock 12 Month Forecast
Average Price Target
$40.00
▲(51.40% Upside)
Technical Analysis
Best Analysts Covering TRS
1 Year
1 Year Success Rate
8/9 ratings generated profit
1 Year Average Return
+5.66%
reiterated a buy rating 2 months ago
Copying Hamed Khorsand's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +5.66% per trade.
---