TriMas (NASDAQ:TRS - Get Free Report) is anticipated to release its earnings data before the market opens on Thursday, February 27th. Analysts expect TriMas to post earnings of $0.48 per share and revenue of $226.27 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
TriMas Stock Down 2.6 %
Shares of TRS stock traded down $0.59 during trading on Monday, reaching $22.00. The company's stock had a trading volume of 356,789 shares, compared to its average volume of 310,657. TriMas has a 1-year low of $21.97 and a 1-year high of $28.51. The stock's 50-day moving average price is $24.14 and its 200 day moving average price is $25.20. The company has a market capitalization of $892.58 million, a price-to-earnings ratio of 34.38 and a beta of 0.66. 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 Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 28th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.16 annualized dividend and a dividend yield of 0.73%. TriMas's dividend payout ratio (DPR) is 25.00%.
Analysts Set New Price Targets
TRS has been the subject of a number of recent research reports. StockNews.com upgraded TriMas from a "sell" rating to a "hold" rating in a report on Wednesday, November 13th. BWS Financial reiterated a "buy" rating and issued a $40.00 price objective on shares of TriMas in a research note on Thursday, January 23rd.
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About TriMas
(
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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.
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