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TriMas Corporation (TRS)

NASDAQ: TRS · IEX Real-Time Price · USD
34.25 0.79 (2.36%)
Oct 21, 2021 4:00 PM EDT - Market closed
Market Cap1.45B
Revenue (ttm)813.35M
Net Income (ttm)-52.28M
Shares Out43.11M
EPS (ttm)-1.21
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume89,755
Open33.47
Previous Close33.46
Day's Range33.47 - 34.35
52-Week Range22.82 - 36.62
Beta0.73
AnalystsBuy
Price Target47.00 (+37.2%)
Est. Earnings DateOct 28, 2021

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 offers specialty polymeric and steel closure and dispensing systems, including dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closure...

IndustryMachinery
IPO DateMay 18, 2007
CEOThomas Amato
Employees3,200
Stock ExchangeNASDAQ
Ticker SymbolTRS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TRS stock is "Buy." The 12-month stock price forecast is 47.00, which is an increase of 37.23% from the latest price.

Price Target
$47.00
(37.23% upside)
Analyst Consensus: Buy

News

TriMas Announces Third Quarter 2021 Earnings Conference Call Date

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its third quarter 2021 earnings conference call on Thursday, October 28, 2021. The conference call will b...

2 weeks ago - Business Wire

TriMas' Rieke Business Celebrates 100-Year Milestone

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that Rieke®, part of its TriMas Packaging group, is celebrating its 100-year anniversary. Rieke is an innovative leader in ...

2 weeks ago - Business Wire

TriMas (TRS) Bets on Solid Demand for Packaging & Acquisitions

TriMas (TRS) will benefit from increasing demand for products used in personal care and home care applications supported by increased global awareness for hygiene even when the pandemic fades.

1 month ago - Zacks Investment Research

Here's Why TriMas (TRS) is a Strong Value Stock

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2 months ago - Zacks Investment Research

Rising P/E: A Trick to Land on 5 Winning Stocks

Want to try a different approach? Tap five stocks with increasing P/E ratios.

Other symbols:MPWTNETVRTXWMT
2 months ago - Zacks Investment Research

TriMas (TRS) Q2 Earnings Top Estimates, Revenues Lag, Up Y/Y

TriMas' (TRS) Q2 revenues and earnings improve year over year on higher sales in all segments. Assuming this trend to continue, it expects earnings per share in the range of $2.15 to $2.30 in 2021.

2 months ago - Zacks Investment Research

TriMas (TRS) Beats Q2 Earnings Estimates

TriMas (TRS) delivered earnings and revenue surprises of 8.77% and -2.16%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

TriMas Reports Second Quarter 2021 Results

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the second quarter ended June 30, 2021. TriMas Highlights Increased second quarter net sales by 9.7%,...

2 months ago - Business Wire

TriMas (TRS) Reports Next Week: Wall Street Expects Earnings Growth

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.

2 months ago - Zacks Investment Research

TriMas Packaging Pioneers Fully Recyclable, Single Material Dispenser Pumps

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that Rieke, part of its TriMas Packaging group, has further advanced its commitment to sustainability with the commercializ...

3 months ago - Business Wire

TriMas (TRS) Packaging Segment Invests in Manufacturing Unit

TriMas' (TRS) Packaging segment is building a technologically advanced facility in Ohio that will help support future growth, drive operational excellence, and lower lead times to customers.

3 months ago - Zacks Investment Research

TriMas Packaging Continues to Invest in Sustainable Growth

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that Rieke®, part of its TriMas Packaging group, is expanding its North American manufacturing presence by launching a new ...

3 months ago - Business Wire

5 Metal Fabrication Stocks to Watch Amid Supply Chain Woes

While demand in the Zacks Metal Products - Procurement and Fabrication industry's end markets remains strong, it remains constrained by supply chain challenges and high input costs. In this scenario, NH...

Other symbols:MLITKRWOR
3 months ago - Zacks Investment Research

TriMas Announces Second Quarter 2021 Earnings Conference Call Date

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its second quarter 2021 earnings conference call on Thursday, July 29, 2021. The conference call will beg...

3 months ago - Business Wire

Packaging to Offset Weakness in TriMas' (TRS) Other Markets

TriMas' (TRS) Packaging group is riding on increasing demand amid the COVID-19 pandemic, which will help offset the impact of lower air travel on its Aerospace segment.

3 months ago - Zacks Investment Research

TriMas' Norris Cylinder Achieves “Made in the USA” Designation

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced its Norris Cylinder business is now officially a “Made in the USA” designated manufacturer. Even before achieving this stat...

4 months ago - Business Wire

5 Top Stocks to Buy as Industrial Output Continues to Expand

People have been spending more on goods than services during the pandemic, which is driving industrial output, thus helping stocks like Caterpillar (CAT), Deere & Company (DE) and Dover Corporation (DOV).

Other symbols:AGCOCATDEDOV
5 months ago - Zacks Investment Research

TriMas Appoints Jodi Robin to General Counsel; Hires Dana Pierre-Louis to Oversee Compliance Matters

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the appointment of Jodi Robin to TriMas General Counsel, effective May 6, 2021. In this position, Ms. Robin will report dir...

5 months ago - Business Wire

TriMas (TRS) Q1 Earnings and Revenues Beat Estimates, Up Y/Y

Robust demand in TriMas' (TRS) Packaging segment led to improved first-quarter 2021 revenues despite ongoing weakness in some end markets.

5 months ago - Zacks Investment Research

TriMas (TRS) Q1 Earnings and Revenues Beat Estimates

TriMas (TRS) delivered earnings and revenue surprises of 5.26% and 5.05%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

TriMas Reports First Quarter 2021 Results

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2021. TriMas Highlights Increased first quarter net sales by 13.1%,...

5 months ago - Business Wire

TriMas Announces Chief Financial Officer Succession

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the retirement of Robert (Bob) Zalupski as Chief Financial Officer and Treasurer. In connection with this development, and ...

5 months ago - Business Wire

TriMas (TRS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

5 months ago - Zacks Investment Research

TriMas Announces First Quarter 2021 Earnings Conference Call Date

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its first quarter 2021 earnings conference call on Thursday, April 29, 2021. The conference call will beg...

6 months ago - Business Wire

TriMas Announces Closing of Debt Refinancing

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the closing on March 29, 2021 of its offering of $400 million in aggregate principal of senior unsecured notes due 2029 (th...

6 months ago - Business Wire