Zacks Research Has Bearish Estimate for TriMas Q2 Earnings

TriMas Corporation (NASDAQ:TRS) – Equities researchers at Zacks Research decreased their Q2 2027 earnings per share (EPS) estimates for shares of TriMas in a report released on Tuesday, November 11th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.68 for the quarter, down from their previous estimate of $0.70. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for TriMas’ current full-year earnings is $1.69 per share. Zacks Research also issued estimates for TriMas’ Q3 2027 earnings at $0.61 EPS.

TriMas (NASDAQ:TRS) last posted its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. TriMas had a return on equity of 12.39% and a net margin of 4.35%.The firm had revenue of $269.26 million during the quarter, compared to analyst estimates of $262.05 million. During the same period last year, the company earned $0.43 earnings per share. The business’s revenue for the quarter was up 17.4% on a year-over-year basis. TriMas has set its FY 2025 guidance at 2.020-2.120 EPS.

Several other equities analysts have also recently commented on TRS. BWS Financial restated a “buy” rating and set a $45.00 target price on shares of TriMas in a research report on Friday, October 31st. KeyCorp cut their price objective on TriMas from $45.00 to $38.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of TriMas in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $41.50.

TriMas Price Performance

NASDAQ:TRS traded down $0.68 during trading hours on Thursday, hitting $31.04. The stock had a trading volume of 155,743 shares, compared to its average volume of 449,605. The company has a 50 day simple moving average of $37.22 and a two-hundred day simple moving average of $32.54. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 28.73 and a beta of 0.64. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.68 and a quick ratio of 1.44. TriMas has a one year low of $19.33 and a one year high of $40.34.

Institutional Trading of TriMas

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TRS. Capital International Investors purchased a new position in TriMas during the 3rd quarter valued at $111,673,000. Irenic Capital Management LP bought a new position in TriMas in the first quarter worth about $19,997,000. Alta Fox Capital Management LLC bought a new position in TriMas in the first quarter worth about $17,385,000. Simcoe Capital Management LLC purchased a new stake in TriMas in the first quarter worth about $6,451,000. Finally, Ophir Asset Management Pty Ltd bought a new stake in TriMas during the 2nd quarter valued at approximately $7,261,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Insider Activity at TriMas

In other TriMas news, Director Jeffrey A. Fielkow bought 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were bought at an average price of $31.46 per share, for a total transaction of $62,920.00. Following the transaction, the director directly owned 17,653 shares in the company, valued at $555,363.38. This trade represents a 12.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 14.20% of the company’s stock.

TriMas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Stockholders of record on Thursday, November 6th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Thursday, November 6th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.5%. TriMas’s dividend payout ratio is 14.81%.

TriMas Company Profile

TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide. The company operates through Packaging, Aerospace, and Specialty Products segments. 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.