TRS - Trimas Corp Stock Price, Fair Value and News

26.28USD+0.03 (+0.11%)Market Closed

Market Summary

USD26.28+0.03

Market Closed

0.11%

TRS Stock Price

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TRS RSI Chart

TRS Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

26.68

Price/Sales (Trailing)

1.21

EV/EBITDA

13.57

Price/Free Cashflow

12.22

TRS Price/Sales (Trailing)

TRS Profitability

EBT Margin

5.66%

Return on Equity

5.91%

Return on Assets

3.01%

Free Cashflow Yield

8.19%

TRS Fundamentals

TRS Revenue

Revenue (TTM)

893.5M

Rev. Growth (Yr)

3.07%

Rev. Growth (Qtr)

-10.95%

TRS Earnings

Earnings (TTM)

40.4M

Earnings Growth (Yr)

-57.86%

Earnings Growth (Qtr)

-51.85%

Breaking Down TRS Revenue

Last 7 days

4.1%

Last 30 days

2.0%

Last 90 days

6.2%

Trailing 12 Months

-1.9%

How does TRS drawdown profile look like?

TRS Financial Health

Current Ratio

2.49

Debt/Equity

0.58

Debt/Cashflow

0.22

TRS Investor Care

Buy Backs (1Y)

1.08%

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
2023	875.0M	870.5M	887.3M	893.5M
2022	874.7M	893.4M	889.5M	883.8M
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
Apr 09, 2024	finley teresa	acquired	28,748	26.23	1,096	-
Mar 14, 2024	mell scott a	acquired	-	-	14,239	chief financial officer
Mar 14, 2024	tredwell daniel p	acquired	-	-	4,068	-
Mar 14, 2024	valenti samuel iii	acquired	-	-	4,068	chairman
Mar 14, 2024	finley teresa	acquired	-	-	4,068	-
Mar 14, 2024	greene jeffrey m	acquired	-	-	4,068	-
Mar 14, 2024	boehne holly m	acquired	-	-	4,068	-
Mar 14, 2024	amato thomas a	acquired	-	-	50,447	president and ceo
Mar 14, 2024	stress jill s.	acquired	-	-	6,814	chief human resources officer
Mar 14, 2024	stanage nick l	acquired	-	-	4,068	-

Which funds bought or sold TRS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-59.75	-54,000	40,000	-%
Apr 23, 2024	Summit Trail Advisors, LLC	reduced	-1.41	15,528	399,480	0.01%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	0.9	107,504	1,768,690	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	12,589	559,438	-%
Apr 19, 2024	Apexium Financial, LP	unchanged	-	14,350	273,983	0.02%
Apr 18, 2024	WASATCH ADVISORS LP	sold off	-100	-60,062,900	-	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	0.84	4,987,190	82,744,600	0.13%
Apr 18, 2024	Diversified Trust Co	added	32.69	165,391	578,624	0.02%
Apr 17, 2024	Cranbrook Wealth Management, LLC	unchanged	-	173	3,201	-%
Apr 16, 2024	Sendero Wealth Management, LLC	unchanged	-	22,430	428,242	0.07%

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

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
Apr 11, 2024	4	Insider Trading
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A
Mar 28, 2024	DEFA14A	DEFA14A
Mar 20, 2024	8-K	Current Report
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading

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
AVY	17.0B	8.4B	-1.99%	17.97%	33.82	2.03	-7.47%	-33.56%
PKG	15.3B	7.8B	-7.57%	17.82%	20	1.96	-7.97%	-25.69%
AMCR	13.0B	14.0B	-2.71%	-18.88%	20.19	0.92	-6.26%	-39.85%
IP	11.9B	18.9B	-12.98%	-5.44%	41.37	0.63	-10.61%	-80.85%
MID-CAP
CCK	9.5B	12.0B	1.32%	-0.61%	19.99	0.79	-7.21%	-37.42%
GPK	8.3B	9.4B	-4.04%	9.99%	11.46	0.88	-0.13%	38.51%
REYN	6.0B	3.8B	1.35%	3.21%	20.18	1.6	-1.61%	15.50%
SLGN	5.0B	6.0B	4.51%	-12.99%	15.43	0.84	-6.60%	-4.37%
SEE	4.6B	5.5B	-11.15%	-32.68%	13.32	0.83	-2.71%	-30.51%
OI	2.3B	7.1B	-3.06%	-30.58%	-22.19	0.32	3.63%	-117.64%
SMALL-CAP
TRS	1.1B	893.5M	2.02%	-1.87%	26.68	1.21	1.10%	-39.01%
MYE	811.8M	813.1M	-4.38%	10.53%	16.61	1	-9.61%	-18.92%
PACK	612.9M	336.3M	-1.59%	68.55%	-22.62	1.82	3.00%	34.54%
TUP	48.9M	1.1B	-26.90%	-10.92%	-0.12	0.04	-17.21%	-907.42%
DSS	12.2M	30.3M	-9.42%	-57.70%	-0.15	0.4	-36.04%	-34.70%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-11.0%	210	235	233	215	203	219	238	224	209	222	219	207	188	199	200	183	171	188	191	173	170
Gross Profit	-22.8%	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	48.00
S&GA Expenses	-6.6%	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	1.00
EBITDA Margin	-12.7%	0.12*	0.14*	3.68*	3.89*	4.25*	3.89*	4.15*	3.68*	3.61*	0.14*	-0.03*	-0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	8.9%	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	3.00
Income Taxes	-84.7%	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	2.00
Earnings Before Taxes	-57.2%	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	9.00
EBT Margin	-24.7%	0.06*	0.08*	2.04*	2.36*	2.74*	2.41*	2.68*	2.22*	2.16*	0.08*	-0.09*	-0.13*	-	-	-	-	-	-	-	-	-
Net Income	-51.8%	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	17.00
Net Income Margin	-21.8%	0.05*	0.06*	1.50*	1.78*	2.07*	1.88*	2.08*	1.83*	1.79*	0.08*	-0.06*	-0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	-2.5%	31.00	31.00	17.00	10.00	26.00	19.00	22.00	6.00	56.00	35.00	27.00	16.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.0%	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	1,101
Current Assets	-2.5%	397	407	410	391	423	417	385	384	432	443	422	719	352	375	348	485	434	395	378	410	412
Cash Equivalents	0.7%	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	108
Inventory	5.6%	192	182	183	172	163	174	164	158	152	154	150	152	149	143	141	140	133	176	181	179	127
Net PPE	4.2%	330	317	319	295	278	272	276	280	266	254	253	251	253	216	211	208	214	227	226	197	172
Goodwill	1.4%	364	359	363	362	340	332	339	345	315	299	301	301	304	252	376	13.00	335	333	335	13.00	-
Liabilities	-1.2%	659	667	694	671	653	667	672	675	673	644	647	947	610	518	524	645	495	523	524	517	480
Current Liabilities	1.2%	159	158	152	149	140	159	156	155	155	138	140	440	137	123	113	105	120	135	136	144	142
Long Term Debt	0.1%	396	395	417	395	395	395	394	394	394	394	393	390	346	296	295	445	295	294	294	294	294
Shareholder's Equity	1.2%	683	675	662	649	652	635	631	634	631	614	598	596	584	558	661	675	697	662	647	641	620
Retained Earnings	214.0%	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	-179
Additional Paid-In Capital	-1.0%	678	684	683	685	696	703	704	724	732	734	736	747	749	750	753	751	783	796	801	815	817
Shares Outstanding	-0.5%	41.00	41.00	41.00	42.00	42.00	42.00	43.00	43.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-2.5%	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	46,230
Share Based Compensation	-88.9%	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	2,770
Cashflow From Investing	-47.7%	-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	-9,160
Cashflow From Financing	66.7%	-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	-8,550
Dividend Payments	0%	1,680	1,680	1,680	1,660	1,710	1,710	1,720	1,740	1,740	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	1988.5%	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	8,550

TRS Income Statement

2023-12-31

Consolidated Statement of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales	$ 893,550	$ 883,830	$ 857,110
Cost of sales	(692,230)	(675,530)	(639,920)
Gross profit	201,320	208,300	217,190
Selling, general and administrative expenses	(134,580)	(131,190)	(121,970)
Net gain (loss) on dispositions of assets	(180)	21,950	(130)
Impairment of indefinite-lived intangible assets	(1,120)	0	0
Operating profit (loss)	65,440	99,060	95,090
Other expense, net:
Interest expense	(15,920)	(14,110)	(14,510)
Debt financing and related expenses	0	0	(10,520)
Other income (expense), net	1,070	2,720	(950)
Other expense, net	(14,850)	(11,390)	(25,980)
Income (loss) before income taxes	50,590	87,670	69,110
Income tax benefit (expense)	(10,230)	(21,500)	(11,800)
Net income (loss)	$ 40,360	$ 66,170	$ 57,310
Basic earnings (loss) per share:
Net income (loss) per share	$ 0.97	$ 1.57	$ 1.33
Weighted average common shares—basic	41,439,027	42,249,244	43,006,922
Diluted earnings (loss) per share:
Net income (loss) per share	$ 0.97	$ 1.56	$ 1.32
Weighted average common shares—diluted	41,685,348	42,478,015	43,281,076

TRS Balance Sheet

2023-12-31

Consolidated Balance Sheet Statement - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 34,890	$ 112,090
Receivables, net	148,030	132,370
Inventories	192,450	163,360
Prepaid expenses and other current assets	22,010	14,840
Total current assets	397,380	422,660
Property and equipment, net	329,990	277,750
Operating lease right-of-use assets	43,220	47,280
Goodwill	363,770	339,810
Other intangibles, net	181,020	188,110
Deferred income taxes	10,230	9,400
Other assets	16,050	19,990
Total assets	1,341,660	1,305,000
Current liabilities:
Accounts payable	91,910	85,210
Accrued liabilities	59,640	46,660
Lease liabilities, current portion	7,900	8,280
Total current liabilities	159,450	140,150
Long-term debt, net	395,660	394,730
Lease liabilities	39,690	41,010
Deferred income taxes	23,290	20,940
Other long-term liabilities	40,620	56,340
Total liabilities	658,710	653,170
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: 41,202,110 shares at December 31, 2023 and 41,724,762 shares at December 31, 2022	410	420
Paid-in capital	677,660	696,160
Retained earnings (accumulated deficit)	4,230	(36,130)
Accumulated other comprehensive income (loss)	650	(8,620)
Total shareholders' equity	682,950	651,830
Total liabilities and shareholders' equity	$ 1,341,660	$ 1,305,000

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 Tue Apr 23 2024, market cap of Trimas Corp is 1.08 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 Tue Apr 23 2024, TRS's PE ratio (Price to Earnings) is 26.68 and Price to Sales (PS) ratio is 1.21. 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 0.004 (multiply by 100 for percentage) rate of return.