Headlines about TriMas (NASDAQ:TRS) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TriMas earned a news impact score of 0.17 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.2994600903792 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
TriMas (TRS) opened at $26.95 on Thursday. TriMas has a 12-month low of $19.75 and a 12-month high of $28.85. The stock has a market capitalization of $1,252.76, a P/E ratio of -37.43, a P/E/G ratio of 3.59 and a beta of 2.06. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.33 and a current ratio of 2.67.
TriMas (NASDAQ:TRS) last announced its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.39. TriMas had a positive return on equity of 12.18% and a negative net margin of 4.01%. The company had revenue of $209.30 million during the quarter, compared to analyst estimates of $208.89 million. During the same quarter in the previous year, the firm posted $0.35 EPS. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. equities analysts forecast that TriMas will post 1.4 earnings per share for the current fiscal year.
TRS has been the topic of several analyst reports. BidaskClub downgraded TriMas from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. ValuEngine upgraded TriMas from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Zacks Investment Research downgraded TriMas from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $25.25.
In other news, CFO Robert J. Zalupski sold 2,816 shares of TriMas stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $25.94, for a total transaction of $73,047.04. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Joshua A. Sherbin sold 13,828 shares of TriMas stock in a transaction on Monday, November 20th. The shares were sold at an average price of $25.50, for a total value of $352,614.00. The disclosure for this sale can be found here. Insiders sold a total of 18,944 shares of company stock worth $486,796 in the last three months. Company insiders own 1.40% of the company’s stock.
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TriMas Company Profile
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.
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