TriMas (NASDAQ:TRS) is scheduled to announce its earnings results before the market opens on Tuesday, February 27th. Analysts expect the company to announce earnings of $0.32 per share for the quarter.
Shares of TriMas (NASDAQ TRS) opened at $24.65 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.33 and a current ratio of 2.67. TriMas has a 12 month low of $19.75 and a 12 month high of $28.85. The stock has a market capitalization of $1,117.88, a P/E ratio of -34.24, a P/E/G ratio of 3.07 and a beta of 1.94.
A number of analysts have issued reports on the company. BidaskClub downgraded TriMas from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Deutsche Bank set a $29.00 price objective on TriMas and gave the stock a “hold” rating in a research note on Friday, January 19th. ValuEngine raised TriMas from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research raised TriMas from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $26.83.
In other news, CFO Robert J. Zalupski sold 2,816 shares of TriMas 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.40% of the stock is currently owned by insiders.
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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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