TriMas Corp (NASDAQ:TRS) has been given a consensus recommendation of “Hold” by the seven research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $25.25.

A number of research firms have recently commented on TRS. BidaskClub upgraded TriMas from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 27th. ValuEngine upgraded TriMas from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, Zacks Investment Research downgraded TriMas from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd.

TriMas (TRS) opened at $27.70 on Tuesday. TriMas has a 1-year low of $19.75 and a 1-year high of $28.85. The company has a market capitalization of $1,266.48, a PE ratio of -38.47, a PEG ratio of 3.63 and a beta of 2.06. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.67 and a quick ratio of 1.33.

TriMas (NASDAQ:TRS) last released its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. TriMas had a positive return on equity of 12.18% and a negative net margin of 4.01%. The business had revenue of $209.30 million for the quarter, compared to the consensus estimate of $208.89 million. During the same quarter in the prior year, the business posted $0.35 EPS. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. sell-side analysts forecast that TriMas will post 1.4 earnings per share for the current year.

In other TriMas news, insider Joshua A. Sherbin sold 13,828 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $25.50, for a total transaction of $352,614.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Robert J. Zalupski sold 2,816 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $25.94, for a total value of $73,047.04. The disclosure for this sale can be found here. Insiders have sold a total of 18,944 shares of company stock worth $486,796 in the last 90 days. 1.40% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the business. Acrospire Investment Management LLC lifted its holdings in shares of TriMas by 148.8% in the 2nd quarter. Acrospire Investment Management LLC now owns 5,085 shares of the industrial products company’s stock valued at $106,000 after buying an additional 3,041 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in shares of TriMas by 231.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,742 shares of the industrial products company’s stock valued at $161,000 after buying an additional 5,404 shares during the period. Great West Life Assurance Co. Can lifted its holdings in shares of TriMas by 114.4% in the 3rd quarter. Great West Life Assurance Co. Can now owns 6,790 shares of the industrial products company’s stock valued at $183,000 after buying an additional 3,623 shares during the period. Thompson Siegel & Walmsley LLC acquired a new stake in shares of TriMas in the 3rd quarter valued at approximately $227,000. Finally, SG Americas Securities LLC acquired a new stake in shares of TriMas in the 3rd quarter valued at approximately $228,000. 97.66% of the stock is owned by institutional investors.

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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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