TriMas (NASDAQ:TRS) Announces Quarterly Earnings Results

TriMas (NASDAQ:TRS - Get Free Report) released its earnings results on Thursday. The industrial products company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.05), Zacks reports. TriMas had a net margin of 2.93% and a return on equity of 9.21%. The firm had revenue of $228.05 million during the quarter, compared to analyst estimates of $226.27 million. TriMas updated its FY 2025 guidance to 1.700-1.850 EPS.

TriMas Trading Up 1.5 %

NASDAQ TRS traded up $0.31 on Monday, reaching $20.80. The company had a trading volume of 310,784 shares, compared to its average volume of 264,824. TriMas has a 52 week low of $19.33 and a 52 week high of $28.51. The stock's 50 day moving average is $23.78 and its 200-day moving average is $25.12. The company has a quick ratio of 1.44, a current ratio of 2.83 and a debt-to-equity ratio of 0.60. The stock has a market cap of $843.98 million, a price-to-earnings ratio of 32.52 and a beta of 0.66.

TriMas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 28th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.77%. TriMas's dividend payout ratio (DPR) is presently 25.00%.

Analyst Ratings Changes

A number of analysts recently commented on the company. BWS Financial reiterated a "buy" rating and issued a $40.00 price objective on shares of TriMas in a research report on Friday. StockNews.com upgraded shares of TriMas from a "sell" rating to a "hold" rating in a research report on Wednesday, November 13th.

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.