TriMas Corp (NASDAQ:TRS) has been given an average recommendation of “Hold” by the eight analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $26.83.
TRS has been the subject of a number of research analyst reports. BidaskClub lowered 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. Zacks Investment Research upgraded TriMas from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a report on Monday, January 22nd. Finally, Deutsche Bank set a $29.00 price target on TriMas and gave the stock a “hold” rating in a report on Friday, January 19th.
In other news, CFO Robert J. Zalupski sold 2,816 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $25.94, for a total transaction of $73,047.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Joshua A. Sherbin sold 13,828 shares of the business’s stock in a transaction that occurred 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 own 1.40% of the company’s stock.
TriMas (NASDAQ:TRS) opened at $24.50 on Friday. TriMas has a 1-year low of $19.75 and a 1-year high of $28.85. The company has a market capitalization of $1,122.45, a P/E ratio of -34.03, a PEG ratio of 3.08 and a beta of 1.94. The company has a current ratio of 2.67, a quick ratio of 1.33 and a debt-to-equity ratio of 0.62.
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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