TriMas Corporation (TRS)
| Market Cap | 1.49B |
| Revenue (ttm) | 607.84M |
| Net Income (ttm) | -65.05M |
| Shares Out | 43.46M |
| EPS (ttm) | -1.48 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 22 |
| Last Price | $34.22 |
| Previous Close | $33.58 |
| Change ($) | 0.64 |
| Change (%) | 1.91% |
| Day's Open | 33.32 |
| Day's Range | 33.03 - 34.45 |
| Day's Volume | 249,866 |
| 52-Week Range | 19.39 - 34.45 |
A strong pipeline of product and process innovation, and acquisitions are some factors that make TriMas (TRS) stock worth retaining in the portfolio.
Impressive third-quarter 2020 results, robust packaging demand and solid growth projections are contributing to the run up in TriMas' (TRS) shares.
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the release of its inaugural Sustainability Report. The TriMas 2020 Sustainability Report outlines the Company's ...
The latest acquisition will help TriMas (TRS) strengthen its existing food and beverage, and industrial product lines.
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the completion of its previously announced acquisition of Affaba & Ferrari, a designer and manufacturer of precis...
As the U.S. manufacturing sector continues to expand for the sixth straight month, we suggest four lucrative industrial stocks with positive growth projections for your portfolio.
TriMas' (TRS) Packaging group is riding on increasing demand for personal hygiene products, home and industrial cleaning, food and beverage, and pharmaceuticals amid the COVID-19 pandemic.
TriMas Corporation (TRS) CEO Tom Amato on Q3 2020 Results - Earnings Call Transcript
Robust demand in TriMas' (TRS) Packaging segment offset weakness in other markets, leading to higher third-quarter revenues. It is expected to drive 4% to 6% year-over-year growth in 2020 reve...
TriMas (TRS) delivered earnings and revenue surprises of 10.26% and 2.69%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2020. TriMas Highlights Increased third quarter net s...
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it has signed an agreement to acquire Affaba & Ferrari Srl, a designer and manufacturer of precision caps an...
TriMas (TRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its third quarter 2020 earnings conference call on Thursday, October 29, 2020. The conference c...
Let's see if TriMas (TRS) stock is a good choice for value-oriented investors right now from multiple angles.
TriMas (TRS) reported earnings 30 days ago. What's next for the stock?
TriMas (TRS) is benefiting from cost-control efforts, gains from the TriMas Business Model and solid demand from the packaging segment.
Investors have their eyes on the pandemic stimulus this week as congress deliberates. The U.S. jobs report is expected on Friday for July and is another indicator that will be watched closely.
TriMas' (TRS) second-quarter revenues improved from the prior year driven by record sales in the Packaging segment and recent acquisitions.
TriMas Corporation (TRS) CEO Tom Amato on Q2 2020 Results - Earnings Call Transcript
TriMas (TRS) delivered earnings and revenue surprises of 34.38% and 3.39%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the second quarter ended June 30, 2020.
TriMas (TRS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the appointment of Fabio Salik as President of Rieke, effective July 15, 2020. Salik will report directly to TriM...
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the appointment of Fabio Salik as President of Rieke, effective July 15, 2020. Salik will report directly to TriM...
The latest partnership supports TriMas' (TRS) focus on investment in growing packaging business.
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that its Rieke business has partnered with INEOS Hygienics, a new INEOS business focused on the global consumer h...
TriMas (TRS) benefiting from cost control efforts, gains from its TriMas Business Model and strong demand witnessed by the packaging segment despite weakness in few markets.
The latest partnership will help expand the Europe customer base for TriMas' (TRS) aerospace division.
TriMas (TRS) reported earnings 30 days ago. What's next for the stock?
TriMas' (TRS) first-quarter earnings declined from the prior year despite higher revenues, mainly due to lower production efficiency.
TriMas Corporation (TRS) CEO Thomas Amato on Q1 2020 Results - Earnings Call Transcript
TriMas (TRS) delivered earnings and revenue surprises of 9.68% and 3.36%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of TriMas (NASDAQ:TRS) were unchanged at $25.89 after the company reported Q1 results.
TriMas (TRS) reported earnings 30 days ago. What's next for the stock?
TriMas Corporation (TRS) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
TriMas (TRS) in sync with its strategy of growing its aerospace business and augment the segment???s product offerings completes the buyout of RSA Engineered Products.
TriMas Corporation (TRS) CEO Thomas Amato on Q4 2019 Results - Earnings Call Transcript
TriMas' (TRS) fourth-quarter earnings missed the Zacks Consensus Estimate and also declined from the prior year on weak North American industrial end markets and increased freight costs.
TriMas (TRS) delivered earnings and revenue surprises of -20.51% and -24.70%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
TriMas (TRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TriMas (TRS) is in the process of adding the Rapak brand name that will help it grow in the lucrative bag-in-box market.
Despite weak demand in many of its end markets, TriMas (TRS) is poised well on its pricing actions and ongoing TriMas Business Model, which is aimed at improving management and business perfor...
TriMas' (TRS) latest divesture supports its effort to reposition the portfolio by investing in innovation as well as M&A to accelerate long-term growth in the Packaging and Aerospace segments.
The ongoing weakness in the North American industrial and upstream oil and gas end markets will hurt TriMas' (TRS) top line. However, higher freight and commodity costs are likely to dent marg...
TriMas (TRS) reported earnings 30 days ago. What's next for the stock?
TriMas (TRS) reports lower-than-expected third-quarter earnings and lowers 2019 guidance owing to lower end-market demand.
TriMas Corp (TRS) CEO Thomas Amato on Q3 2019 Results - Earnings Call Transcript
TriMas (TRS) delivered earnings and revenue surprises of -12.00% and -2.65%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
TriMas (TRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
About TRS
TriMas Corporation manufactures and provides products for consumer products, aerospace, and industrial end markets worldwide. It operates in three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment designs, manufactures, and sells specialty polymeric and steel closure products, including steel drum enclosures, 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 solutio... [Read more...]
| Industry Specialty Industrial Machinery | IPO Date May 18, 2007 |
| CEO Thomas Amato | Employees 3,500 |
| Stock Exchange NASDAQ | Ticker Symbol TRS |
Financial Performance
In 2019, TRS's revenue was $723.53 million, an increase of 2.62% compared to the previous year's $705.03 million. Earnings were $98.62 million, an increase of 18.39%.
Analyst Forecasts
According to 3 analysts, the average rating for TRS stock is "Buy." The 12-month stock price forecast is 42.00, which is an increase of 22.74% from the latest price.