Headlines about TriMas (NASDAQ:TRS) have been trending somewhat positive on Sunday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. TriMas earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 45.0267340839333 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
Several equities analysts have issued reports on the company. BMO Capital Markets assumed coverage on TriMas in a research report on Tuesday, April 3rd. They set an “outperform” rating and a $33.00 target price on the stock. BidaskClub upgraded TriMas from a “hold” rating to a “buy” rating in a research report on Friday, March 23rd. Zacks Investment Research cut TriMas from a “buy” rating to a “hold” rating in a research report on Tuesday, March 20th. ValuEngine upgraded TriMas from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Deutsche Bank set a $29.00 target price on TriMas and gave the stock a “hold” rating in a research report on Friday, January 19th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $29.33.
Shares of TRS traded down $0.45 on Friday, reaching $27.85. The stock had a trading volume of 197,185 shares, compared to its average volume of 159,688. The stock has a market cap of $1,279.07, a P/E ratio of 19.89, a P/E/G ratio of 3.35 and a beta of 1.77. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.55 and a quick ratio of 1.28. TriMas has a twelve month low of $19.75 and a twelve month high of $28.85.
TriMas (NASDAQ:TRS) last released its quarterly earnings results on Tuesday, February 27th. The industrial products company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). The firm had revenue of $195.20 million during the quarter, compared to analyst estimates of $192.36 million. TriMas had a return on equity of 12.09% and a net margin of 3.79%. The business’s revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.30 EPS. research analysts expect that TriMas will post 1.67 EPS for the current fiscal year.
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TriMas Corporation manufactures and sells products for consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas markets worldwide. The company operates through four segments: Packaging, Aerospace, Energy, and Engineered Components. The Packaging segment designs and manufactures industrial closure products, including steel drum and plastic enclosures, plastic drum closures, and plastic pail dispensers and plugs; and specialty dispensing products, such as foamers, lotion pumps, fine mist sprayers, and other packaging solutions for the cosmetic, personal care, and household product markets, as well as specialty plastic closures for bottles and jars, and dispensing pumps for the food and beverage markets.
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