TriMas Corporation (TRS)
| Market Cap | 1.45B |
| Revenue (ttm) | 813.35M |
| Net Income (ttm) | -52.28M |
| Shares Out | 43.11M |
| EPS (ttm) | -1.21 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 89,755 |
| Open | 33.47 |
| Previous Close | 33.46 |
| Day's Range | 33.47 - 34.35 |
| 52-Week Range | 22.82 - 36.62 |
| Beta | 0.73 |
| Analysts | Buy |
| Price Target | 47.00 (+37.2%) |
| Est. Earnings Date | Oct 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...
Financial Performance
Financial StatementsAnalyst 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.
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...
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 ...
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.
Here's Why TriMas (TRS) is a Strong Value Stock
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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.
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?
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%,...
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.
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...
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.
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 ...
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...
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...
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.
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...
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).
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...
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.
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?
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%,...
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 ...
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.
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...
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...