Trimas Stock Today
| TRS Stock | USD 25.48 0.44 1.76% |
Performance2 of 100
| Odds Of DistressLess than 1
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TriMas is selling for under 25.48 as of the 19th of April 2024; that is 1.76 percent increase since the beginning of the trading day. The stock's lowest day price was 25.15. TriMas has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for TriMas are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 18th of May 2007 | Category Consumer Cyclical | Classification Industrials |
TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan. Trimas Corp operates under Packaging Containers classification in the United States and is traded on NASDAQ Exchange. The company has 40.82 M outstanding shares of which 248.75 K shares are at this time shorted by investors with about 0.93 days to cover. More on TriMas
Moving together with TriMas Stock
| 0.66 | GEF | Greif Bros Financial Report 5th of June 2024 | PairCorr |
| 0.7 | GPK | Graphic Packaging Holding Financial Report 7th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 25th of April 2024
TriMas Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TriMas' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TriMas or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | David Wathen | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Fabricated Products (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Tarsus Group plc, Tracimexco Supply Chains and Agency Services JSC] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Packaging & Containers, Consumer Cyclical, NASDAQ Composite, NASDAQ Composite Total, Fabricated Products, Industrials, Machinery, Packaging & Containers, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering TriMas report their recommendations after researching TriMas' financial statements, talking to executives and customers, or listening in on TriMas' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TriMas. The TriMas consensus assessment is calculated by taking the average forecast from all of the analysts covering TriMas. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to TriMas' liquidity, profitability, solvency, and operating efficiency, TriMas is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of TriMas is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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TriMas' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TriMas' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. TriMas' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of TriMas' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TriMas' financial leverage. It provides some insight into what part of TriMas' total assets is financed by creditors.
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TriMas (TRS) is traded on NASDAQ Exchange in USA. It is located in 38505 Woodward Avenue, Bloomfield Hills, MI, United States, 48304 and employs 3,400 people. TriMas is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TriMas's market, we take the total number of its shares issued and multiply it by TriMas's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TriMas runs under Machinery sector within Industrials industry. The entity has 40.82 M outstanding shares of which 248.75 K shares are at this time shorted by investors with about 0.93 days to cover.
TriMas has about 80.34 M in cash with 88.16 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.91.
Check TriMas Probability Of Bankruptcy
Ownership AllocationTriMas maintains a total of 40.82 Million outstanding shares. The majority of TriMas outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in TriMas to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in TriMas. Please pay attention to any change in the institutional holdings of TriMas as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check TriMas Ownership Details
TriMas Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of TriMas jumping above the current price in 90 days from now is about 34.08%. The TriMas probability density function shows the probability of TriMas stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1963. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, TriMas will likely underperform. Additionally, triMas has an alpha of 0.0279, implying that it can generate a 0.0279 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of TriMas to move above the current price in 90 days from now is about 34.08 (This TriMas probability density function shows the probability of TriMas Stock to fall within a particular range of prices over 90 days) .
TriMas Stock Institutional Holders
Institutional Holdings refers to the ownership stake in TriMas that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TriMas' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TriMas' value.| Instituion | Recorded On | Shares | |
| State Street Corporation | 2023-12-31 | 954.3 K | |
| Geode Capital Management, Llc | 2023-12-31 | 923.7 K | |
| Franklin Resources Inc | 2023-12-31 | 646.4 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 577.6 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 538 K | |
| Royal Bank Of Canada | 2023-12-31 | 534.9 K | |
| Bank Of America Corp | 2023-12-31 | 439.8 K | |
| Barington Capital Group L P | 2023-12-31 | 438 K | |
| Orchard Capital Management, Llc | 2023-12-31 | 413.1 K | |
| Vanguard Group Inc | 2023-12-31 | 4.3 M | |
| Blackrock Inc | 2023-12-31 | 3.1 M |
TriMas Historical Income Statement
TriMas Income Statement is one of the three primary financial statements used for reporting TriMas's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TriMas revenue and expense. TriMas Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, TriMas' Net Income is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 162.5 M in 2024, whereas Operating Income is likely to drop slightly above 68.9 M in 2024. View More FundamentalsTriMas Stock Against Markets
Picking the right benchmark for TriMas stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TriMas stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TriMas is critical whether you are bullish or bearish towards TriMas at a given time. Please also check how TriMas' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in TriMas without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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TriMas Corporate Directors
TriMas corporate directors refer to members of a TriMas board of directors. The board of directors generally takes responsibility for the TriMas' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TriMas' board members must vote for the resolution. The TriMas board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Nick Stanage | Independent Director | Profile | |
| Marshall Cohen | Independent Director | Profile | |
| Jeffrey Greene | Independent Director | Profile | |
| Herbert Parker | Independent Director | Profile |
How to buy TriMas Stock?
Before investing in TriMas, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TriMas. To buy TriMas stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TriMas. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase TriMas stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TriMas stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased TriMas stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TriMas, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.
Already Invested in TriMas?
The danger of trading TriMas is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TriMas is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TriMas. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TriMas is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether TriMas is a strong investment it is important to analyze TriMas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TriMas' future performance. For an informed investment choice regarding TriMas Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriMas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for TriMas Stock analysis
When running TriMas' price analysis, check to measure TriMas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.
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Is TriMas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TriMas. If investors know TriMas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TriMas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Dividend Share 0.16 | Earnings Share 0.97 | Revenue Per Share 21.563 | Quarterly Revenue Growth 0.031 |
The market value of TriMas is measured differently than its book value, which is the value of TriMas that is recorded on the company's balance sheet. Investors also form their own opinion of TriMas' value that differs from its market value or its book value, called intrinsic value, which is TriMas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TriMas' market value can be influenced by many factors that don't directly affect TriMas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TriMas' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriMas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriMas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.