TriMas (NASDAQ:TRS) Issues FY 2025 Earnings Guidance

TriMas (NASDAQ:TRS - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.700-1.850 for the period, compared to the consensus estimate of 2.010. The company issued revenue guidance of $962.0 million-$980.5 million, compared to the consensus revenue estimate of $975.9 million.

Analysts Set New Price Targets

Several research firms have recently commented on TRS. BWS Financial reiterated a "buy" rating and set a $40.00 target price on shares of TriMas in a research note on Friday. StockNews.com raised shares of TriMas from a "sell" rating to a "hold" rating in a research report on Wednesday, November 13th.

TriMas Stock Performance

TRS traded up $0.47 during trading hours on Monday, hitting $20.96. 531,961 shares of the stock were exchanged, compared to its average volume of 265,631. The stock has a market cap of $850.39 million, a price-to-earnings ratio of 32.75 and a beta of 0.66. The stock has a 50-day simple moving average of $23.78 and a 200-day simple moving average of $25.12. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.83 and a quick ratio of 1.44. TriMas has a 12 month low of $19.33 and a 12 month high of $28.51.

TriMas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 28th will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Friday, February 28th. TriMas's dividend payout ratio (DPR) is presently 25.00%.

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.