TRS - Trimas Corp Stock Price, Fair Value and News

27.66USD-0.14 (-0.50%)Delayed

Market Summary

USD27.66-0.14

Delayed

-0.50%

TRS Alerts

1 major insider buys and 1 major insider sales recently.

TRS Stock Price

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TRS RSI Chart

TRS Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

27.76

Price/Sales (Trailing)

1.24

EV/EBITDA

13.91

Price/Free Cashflow

15.07

TRS Price/Sales (Trailing)

TRS Profitability

EBT Margin

5.70%

Return on Equity

6.03%

Return on Assets

2.97%

Free Cashflow Yield

6.64%

TRS Fundamentals

TRS Revenue

Revenue (TTM)

905.2M

Rev. Growth (Yr)

5.4%

Rev. Growth (Qtr)

8.37%

TRS Earnings

Earnings (TTM)

40.6M

Earnings Growth (Yr)

4.68%

Earnings Growth (Qtr)

-35.26%

Breaking Down TRS Revenue

Last 7 days

3.2%

Last 30 days

10.5%

Last 90 days

9.7%

Trailing 12 Months

8.1%

How does TRS drawdown profile look like?

TRS Financial Health

Current Ratio

2.73

Debt/Equity

0.63

Debt/Cashflow

0.18

TRS Investor Care

Buy Backs (1Y)

1.84%

Diluted EPS (TTM)

0.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	905.2M	0	0	0
2023	891.1M	891.9M	892.7M	893.5M
2022	874.7M	893.4M	889.5M	890.3M
2021	793.9M	813.4M	836.3M	857.1M
2020	733.0M	741.7M	752.7M	770.0M
2019	707.3M	716.4M	722.7M	723.5M
2018	789.1M	757.4M	730.1M	705.0M
2017	791.0M	801.0M	808.1M	817.7M
2016	842.7M	821.1M	801.3M	794.0M
2015	894.6M	894.8M	894.6M	864.0M
2014	1.3B	1.1B	984.1M	887.3M
2013	1.3B	1.4B	1.4B	1.4B
2012	1.1B	1.2B	1.2B	1.3B
2011	960.9M	991.6M	1.1B	1.1B
2010	0	818.9M	860.7M	902.5M
2009	0	0	0	777.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Trimas Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 08, 2024	parker herbert k	bought	157,597	26.2662	6,000	-
May 07, 2024	parker herbert k	bought	156,060	26.01	6,000	-
May 06, 2024	parker herbert k	bought	161,789	26.5228	6,100	-
May 03, 2024	parker herbert k	bought	39,511	26.3412	1,500	-
May 02, 2024	parker herbert k	bought	39,468	26.3123	1,500	-
May 01, 2024	parker herbert k	bought	25,979	25.9794	1,000	-
May 01, 2024	greene jeffrey m	sold	-104,048	26.012	-4,000	-
Apr 09, 2024	finley teresa	acquired	28,748	26.23	1,096	-
Mar 14, 2024	greene jeffrey m	acquired	-	-	4,068	-
Mar 14, 2024	finley teresa	acquired	-	-	4,068	-

Which funds bought or sold TRS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.42	-2,141	1,106,760	-%
May 16, 2024	Grandeur Peak Global Advisors, LLC	reduced	-24.28	-1,136,920	4,522,130	0.36%
May 16, 2024	COMERICA BANK	reduced	-97.35	-544,381	15,664	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-85.76	-1,360,720	240,543	-%
May 15, 2024	Voya Investment Management LLC	reduced	-18.9	-62,541	371,387	-%
May 15, 2024	Squarepoint Ops LLC	reduced	-14.15	-94,137	906,601	-%
May 15, 2024	DARK FOREST CAPITAL MANAGEMENT LP	new	-	378,604	378,604	0.06%
May 15, 2024	EVOKE WEALTH, LLC	sold off	-100	-1,471,220	-	-%
May 15, 2024	B. Metzler seel. Sohn & Co. AG	sold off	-100	-907,751	-	-%
May 15, 2024	Nebula Research & Development LLC	added	36.15	294,920	970,192	0.21%

Are Funds Buying or Selling TRS?

Are funds buying TRS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TRS

No. of Funds

TRS Alerts

1 major insider buys and 1 major insider sales recently.

Unveiling Trimas Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	fiduciary management inc /wi/	7.50%	3,106,943	SC 13G
Feb 13, 2024	champlain investment partners, llc	4.71%	1,952,187	SC 13G/A
Feb 13, 2024	vanguard group inc	10.28%	4,258,456	SC 13G/A
Feb 09, 2024	wasatch advisors lp	-	0	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.1%	2,513,479	SC 13G/A
Feb 09, 2024	pzena investment management llc	6.2%	2,552,767	SC 13G
Feb 08, 2024	wellington management group llp	5.78%	2,393,786	SC 13G/A
Jan 26, 2024	blackrock inc.	7.6%	3,133,874	SC 13G/A
Jan 12, 2024	allspring global investments holdings, llc	7.41%	3,069,777	SC 13G/A
Mar 10, 2023	vanguard group inc	10.15%	4,210,046	SC 13G/A

Recent SEC filings of Trimas Corp

View All Filings

Date Filed	Form Type	Document
May 15, 2024	4	Insider Trading
May 15, 2024	8-K	Current Report
May 08, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 01, 2024	144	Notice of Insider Sale Intent
Apr 30, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 11, 2024	4	Insider Trading
Mar 28, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Trimas Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
PKG	16.4T	7.8B	2.61%	41.74%	22.8K	2.1K	-6.16%	-25.24%
AVY	18.2B	8.5B	8.32%	32.32%	32.89	2.16	-3.48%	-18.51%
AMCR	14.8B	13.8B	16.31%	0.49%	22.73	1.08	-7.72%	-33.16%
IP	14.1B	18.5B	15.92%	26.88%	82.07	0.76	-11.60%	-86.93%
MID-CAP
CCK	10.3B	11.8B	11.10%	3.40%	24.41	0.87	-7.33%	-33.86%
GPK	8.6B	9.2B	3.88%	9.79%	12.7	0.93	-3.99%	9.49%
REYN	6.1B	3.7B	2.99%	2.23%	18.4	1.63	-3.42%	47.98%
SEE	5.7B	5.5B	24.99%	-7.75%	15.66	1.04	-1.86%	-10.54%
SLGN	5.0B	5.9B	0.96%	-0.19%	16.32	0.86	-7.84%	-5.76%
OI	2.1B	6.9B	-11.93%	-38.33%	-8.73	0.3	-1.83%	-133.76%
SMALL-CAP
TRS	1.1B	905.2M	10.46%	8.09%	27.76	1.24	1.58%	-28.68%
MYE	611.3M	804.4M	-21.60%	-16.29%	15.52	0.76	-9.59%	-29.54%
PACK	551.5M	340.4M	-2.06%	91.67%	-24.19	1.62	4.67%	42.57%
TUP	102.4M	1.1B	124.49%	185.71%	-0.28	0.09	-17.21%	-907.42%
DSS	12.9M	30.3M	3.39%	-57.83%	-0.17	0.43	-36.04%	-28.10%

Trimas Corp News

Latest updates

Trimas Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	8.4%	227	210	235	233	215	217	219	238	224	209	222	219	207	188	199	200	183	171	188	191	173
Gross Profit	22.1%	53.00	43.00	56.00	55.00	48.00	46.00	48.00	61.00	54.00	49.00	58.00	58.00	51.00	47.00	52.00	37.00	46.00	44.00	49.00	54.00	47.00
S&GA Expenses	33.6%	40.00	30.00	32.00	34.00	38.00	37.00	32.00	31.00	32.00	32.00	28.00	32.00	30.00	27.00	26.00	55.00	27.00	23.00	25.00	27.00	27.00
EBITDA Margin	1.9%	0.12*	0.12*	0.14*	0.14*	0.14*	0.15*	0.14*	0.15*	0.13*	0.13*	0.14*	-0.03*	-	-	-	-	-	-	-	-	-
Interest Expenses	14.7%	5.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00	3.00	3.00	4.00	4.00	3.00	3.00	4.00	4.00	4.00	4.00	3.00	3.00
Income Taxes	318.4%	2.00	0.00	3.00	5.00	1.00	6.00	5.00	7.00	4.00	1.00	7.00	-0.04	3.00	-8.35	-12.10	-5.55	3.00	4.00	5.00	6.00	1.00
Earnings Before Taxes	-14.7%	7.00	8.00	20.00	16.00	6.00	25.00	18.00	27.00	18.00	14.00	27.00	12.00	16.00	15.00	-112	-21.25	16.00	17.00	21.00	25.00	16.00
EBT Margin	0.6%	0.06*	0.06*	0.08*	0.07*	0.09*	0.10*	0.09*	0.10*	0.08*	0.08*	0.08*	-0.09*	-	-	-	-	-	-	-	-	-
Net Income	-35.3%	5.00	8.00	16.00	11.00	5.00	19.00	13.00	20.00	14.00	13.00	20.00	12.00	13.00	24.00	-100	-15.70	13.00	38.00	19.00	22.00	19.00
Net Income Margin	-0.7%	0.04*	0.05*	0.06*	0.06*	0.07*	0.07*	0.07*	0.07*	0.07*	0.07*	0.08*	-0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	-112.1%	-3.69	31.00	31.00	17.00	10.00	26.00	19.00	22.00	6.00	56.00	35.00	27.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.7%	1,364	1,342	1,342	1,356	1,319	1,305	1,302	1,303	1,309	1,304	1,258	1,245	1,543	1,194	1,076	1,185	1,320	1,193	1,185	1,172	1,157
Current Assets	7.6%	428	397	407	410	391	423	417	385	384	432	443	422	719	352	375	348	485	434	395	378	410
Cash Equivalents	-12.7%	30.00	35.00	35.00	42.00	52.00	112	80.00	49.00	59.00	141	137	117	421	74.00	100	65.00	206	172	58.00	58.00	40.00
Inventory	7.2%	206	192	182	183	172	163	174	164	158	152	154	150	152	149	143	141	140	133	176	181	179
Net PPE	0.6%	332	330	317	319	295	278	272	276	280	266	254	253	251	253	216	211	208	214	227	226	197
Goodwill	-0.7%	361	364	359	363	362	340	332	339	345	315	299	301	301	304	252	376	13.00	335	333	335	-
Liabilities	4.9%	691	659	667	694	671	653	667	672	675	673	644	647	947	610	518	524	645	495	523	524	517
Current Liabilities	-1.7%	157	159	158	152	149	140	159	156	155	155	138	140	440	137	123	113	105	120	135	136	144
Long Term Debt	7.4%	425	396	395	417	395	395	395	394	394	394	394	393	390	346	296	295	445	295	294	294	294
Shareholder's Equity	-1.4%	673	683	675	662	649	652	635	631	634	631	614	598	596	584	558	661	675	697	662	647	641
Retained Earnings	80.4%	8.00	4.00	-3.71	-20.20	-31.22	-36.13	-54.97	-68.27	-88.13	-102	-115	-134	-146	-159	-183	-82.43	-66.73	-79.85	-118	-137	-159
Additional Paid-In Capital	-1.5%	667	678	684	683	685	696	703	704	724	732	734	736	747	749	750	753	751	783	796	801	815
Shares Outstanding	-1.0%	41.00	41.00	41.00	41.00	42.00	42.00	42.00	42.00	43.00	43.00	43.00	43.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,100	-	-	-	1,100	-	-	-	1,300	-	-	-	1,000	-	-	-	1,400	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-112.1%	-3,690	30,590	31,380	16,500	9,690	25,930	18,950	22,020	5,670	56,480	35,070	26,930	15,740	48,300	48,270	27,440	3,400	11,500	34,820	21,200	8,080
Share Based Compensation	1205.7%	4,570	350	3,140	3,240	2,940	2,160	2,380	2,480	2,820	2,180	1,660	3,220	2,440	2,560	930	2,740	1,940	2,320	1,090	1,720	1,320
Cashflow From Investing	41.9%	-13,140	-22,600	-15,300	-43,950	-52,570	14,490	16,180	-9,890	-75,820	-49,490	-11,500	-8,820	-9,370	-121,170	-8,600	-15,980	-86,320	119,510	-11,120	-50,400	-28,910
Cashflow From Financing	259.9%	12,410	-7,760	-23,320	17,460	-17,320	-8,670	-3,880	-21,860	-11,770	-3,210	-4,020	-321,840	340,820	47,080	-5,180	-152,320	116,560	-16,480	-6,040	-14,930	-2,910
Dividend Payments	-1.2%	1,660	1,680	1,680	1,680	1,660	1,710	1,710	1,720	1,740	1,740	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	145.3%	13,320	5,430	260	2,690	10,400	6,960	2,070	18,830	9,060	930	3,950	11,570	2,640	3,370	4,480	-	31,570	15,650	5,670	14,750	670

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TRS Income Statement

2024-03-31

Consolidated Statement of Income - USD ($) $ in Thousands	3 Months Ended
Consolidated Statement of Income - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Net sales	$ 227,100	$ 215,460
Cost of sales	(174,390)	(167,770)
Gross profit	52,710	47,690
Selling, general and administrative expenses	(40,270)	(37,700)
Operating profit	12,440	9,990
Other expense, net:
Interest expense	(4,930)	(3,700)
Other income (expense), net	(320)	(70)
Other expense, net	(5,250)	(3,770)
Income before income tax expense	7,190	6,220
Income tax expense	(2,050)	(1,310)
Net income	$ 5,140	$ 4,910
Basic earnings per share
Net income per share	$ 0.13	$ 0.12
Weighted average common shares—basic	41,018,049	41,543,625
Diluted earnings per share
Net income per share	$ 0.12	$ 0.12
Weighted average common shares—diluted	41,322,014	41,802,037

TRS Balance Sheet

2024-03-31

Consolidated Balance Sheet Statement - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 30,470	$ 34,890
Receivables, net of reserves of $4.9 million and $4.2 million as of March 31, 2024 and December 31, 2023, respectively	162,650	148,030
Inventories	206,260	192,450
Prepaid expenses and other current assets	28,350	22,010
Total current assets	427,730	397,380
Property and equipment, net	332,090	329,990
Operating lease right-of-use assets	41,690	43,220
Goodwill	361,260	363,770
Other intangibles, net	175,740	181,020
Deferred income taxes	9,880	10,230
Other assets	16,090	16,050
Total assets	1,364,480	1,341,660
Current liabilities:
Accounts payable	82,250	91,910
Accrued liabilities	66,510	59,640
Lease liabilities, current portion	8,030	7,900
Total current liabilities	156,790	159,450
Long-term debt, net	424,930	395,660
Lease liabilities	37,950	39,690
Deferred income taxes	26,120	23,290
Other long-term liabilities	45,470	40,620
Total liabilities	691,260	658,710
Preferred stock $0.01 par: Authorized 100,000,000 shares; Issued and outstanding: None	0	0
Common stock, $0.01 par: Authorized 400,000,000 shares; Issued and outstanding: 40,784,202 shares at March 31, 2024 and 41,202,110 shares at December 31, 2023	410	410
Paid-in capital	667,430	677,660
Accumulated deficit	7,630	4,230
Accumulated other comprehensive income (loss)	(2,250)	650
Total shareholders' equity	673,220	682,950
Total liabilities and shareholders' equity	$ 1,364,480	$ 1,341,660

About Trimas Corp

TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide. It operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, and flexible spouts; polymeric jar products; integrated dispensers; bag-in-box products; and consumable vascular delivery and diagnostic test components under the Rieke, Taplast, Affaba & Ferrari, Intertech, Omega, and Rapak brands. The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting, and connectors for air management systems, and other highly-machined parts and components to original equipment manufacturers, supply chain distributors, and tier one suppliers, as well as maintenance, repair and overhaul (MRO)/aftermarket providers; and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products, and Martinic Engineering brands. The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines. The company sells its products through a direct sales force, third-party agents, and distributors. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.

CEO	Mr. Thomas A. Amato
WEBSITE	trimascorp.com
INDUSTRY	Packers
EMPLOYEES	3500

Trimas Corp Frequently Asked Questions

What is the ticker symbol for Trimas Corp? What does TRS stand for in stocks?

TRS is the stock ticker symbol of Trimas Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Trimas Corp (TRS)?

As of Fri May 17 2024, market cap of Trimas Corp is 1.13 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TRS stock?

You can check TRS's fair value in chart for subscribers.

What is the fair value of TRS stock?

You can check TRS's fair value in chart for subscribers. The fair value of Trimas Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Trimas Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TRS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Trimas Corp a good stock to buy?

The fair value guage provides a quick view whether TRS is over valued or under valued. Whether Trimas Corp is cheap or expensive depends on the assumptions which impact Trimas Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TRS.

What is Trimas Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, TRS's PE ratio (Price to Earnings) is 27.76 and Price to Sales (PS) ratio is 1.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TRS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Trimas Corp's stock?

In the past 10 years, Trimas Corp has provided 0 (multiply by 100 for percentage) rate of return.