Zacks Research Has Optimistic Outlook of TriMas Q4 Earnings

TriMas Co. (NASDAQ:TRS) – Zacks Research lifted their Q4 2024 earnings estimates for TriMas in a report issued on Monday, January 27th. Zacks Research analyst M. Das now forecasts that the industrial products company will earn $0.48 per share for the quarter, up from their previous estimate of $0.47. The consensus estimate for TriMas’ current full-year earnings is $1.69 per share. Zacks Research also issued estimates for TriMas’ Q3 2025 earnings at $0.59 EPS, Q4 2026 earnings at $0.50 EPS and FY2026 earnings at $2.10 EPS.

Other equities research analysts have also issued research reports about the company. BWS Financial reaffirmed a “buy” rating and issued a $40.00 price target on shares of TriMas in a research report on Thursday, January 23rd. StockNews.com raised shares of TriMas from a “sell” rating to a “hold” rating in a report on Wednesday, November 13th.

TriMas Trading Down 1.8 %

NASDAQ:TRS opened at $24.67 on Wednesday. TriMas has a 12-month low of $22.24 and a 12-month high of $28.51. The firm has a market cap of $1.00 billion, a PE ratio of 38.55 and a beta of 0.67. The company has a current ratio of 2.83, a quick ratio of 1.44 and a debt-to-equity ratio of 0.60. The stock has a fifty day moving average price of $25.03 and a 200 day moving average price of $25.44.

TriMas (NASDAQ:TRS) last released its earnings results on Monday, November 4th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.14). The business had revenue of $229.36 million for the quarter, compared to analyst estimates of $239.33 million. TriMas had a return on equity of 9.21% and a net margin of 2.93%. TriMas’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.57 earnings per share.

Institutional Trading of TriMas

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sei Investments Co. raised its position in shares of TriMas by 21.3% during the 2nd quarter. Sei Investments Co. now owns 78,825 shares of the industrial products company’s stock worth $2,015,000 after acquiring an additional 13,844 shares in the last quarter. Squarepoint Ops LLC increased its stake in TriMas by 47.5% in the second quarter. Squarepoint Ops LLC now owns 50,044 shares of the industrial products company’s stock valued at $1,279,000 after purchasing an additional 16,127 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in TriMas during the second quarter worth approximately $611,000. Algert Global LLC lifted its position in shares of TriMas by 4.2% during the 2nd quarter. Algert Global LLC now owns 15,779 shares of the industrial products company’s stock worth $403,000 after buying an additional 639 shares during the last quarter. Finally, Creative Planning boosted its holdings in shares of TriMas by 11.0% in the 2nd quarter. Creative Planning now owns 27,056 shares of the industrial products company’s stock valued at $692,000 after buying an additional 2,681 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

About TriMas

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.