|Bid||30.59 x 800|
|Ask||30.61 x 1400|
|Day's Range||30.43 - 30.96|
|52 Week Range||27.80 - 33.45|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||18.23|
|Earnings Date||Feb 25, 2020 - Mar 01, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.00|
TriMas Corporation (NASDAQ:TRS), which is in the machinery business, and is based in United States, received a lot of...
Despite weak demand in many of its end markets, TriMas (TRS) is poised well on its pricing actions and ongoing TriMas Business Model, which is aimed at improving management and business performance.
TriMas' (TRS) latest divesture supports its effort to reposition the portfolio by investing in innovation as well as M&A to accelerate long-term growth in the Packaging and Aerospace segments.
TriMas (NASDAQ: TRS) today announced that it has successfully completed the sale of its Lamons division, a transaction entered into with an investment fund sponsored by First Reserve on November 1, 2019. Lamons was sold for approximately $135 million in cash, subject to customary post-closing adjustments.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 752 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
The ongoing weakness in the North American industrial and upstream oil and gas end markets will hurt TriMas' (TRS) top line. However, higher freight and commodity costs are likely to dent margins.
Anyone interested in TriMas Corporation (NASDAQ:TRS) should probably be aware that the Chief Compliance Officer...
TriMas (TRS) announced today with great sadness that Richard “Dick” M. Gabrys passed away on November 4, 2019 at the age of 78. Mr. Gabrys was elected to the TriMas Corporation Board of Directors in August 2006 and has served as Chairman of the TriMas Audit Committee since May 2, 2008. Mr. Gabrys had extensive knowledge and expertise in financial reporting, accounting and Sarbanes-Oxley compliance for public companies.
TriMas (TRS) delivered earnings and revenue surprises of -12.00% and -2.65%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
TriMas (TRS) today announced that its Board of Directors increased the Company’s common stock share repurchase authorization to $150 million. The previous authorization, approved in February 2019, authorized up to $75 million in share repurchases. “This increase demonstrates our continued confidence in our ability to grow and generate strong cash flow, and our commitment to deliver value to our shareholders,” said Thomas Amato, TriMas President and Chief Executive Officer.
TriMas (TRS) today announced that TriMas Company, LLC, a wholly-owned subsidiary of TriMas Corporation, has entered into a definitive agreement to sell its Lamons business to First Reserve, a private equity firm focused on energy investing, for $135 million in cash, subject to customary working capital and purchase price adjustments. "A key part of TriMas’ overarching strategy is to reposition our portfolio of businesses by investing in innovation and programmatic M&A to accelerate long-term growth, predominantly in our Packaging and Aerospace segments," said Thomas Amato, President & Chief Executive Officer of TriMas. As Lamons moves into the next phase of growth and development, we believe this business will benefit from First Reserve’s focus and expertise in energy-related end markets.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of TriMas Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
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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.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
TriMas (TRS) announced today that it will host its third quarter 2019 earnings conference call on Monday, November 4, 2019. The conference call will begin at 10 a.m. Eastern Time and will follow the Company’s release of third quarter 2019 earnings results at 8 a.m. that day. To participate on the earnings conference call, please dial: (800) 367-2403 (Confirmation Code 6138233) and ask to be connected to the TriMas third quarter 2019 earnings conference call.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at TriMas...
Today we are going to look at TriMas Corporation (NASDAQ:TRS) to see whether it might be an attractive investment...
TriMas (TRS) will continue to focus on leveraging the TriMas Business Model, which was implemented in late 2016 to improve management and performance of its businesses.