News headlines about TriMas (NASDAQ:TRS) have trended somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TriMas earned a news impact score of 0.03 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.1070441889945 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of equities research analysts recently issued reports on the company. BidaskClub downgraded TriMas from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Zacks Investment Research downgraded TriMas from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. Finally, Seaport Global Securities downgraded TriMas from a “buy” rating to a “neutral” rating and set a $27.00 target price on the stock. in a report on Friday, September 15th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. TriMas has an average rating of “Hold” and a consensus target price of $25.25.

TriMas (NASDAQ TRS) opened at $26.20 on Tuesday. The company has a market capitalization of $1,200.18, a price-to-earnings ratio of 18.89, a PEG ratio of 2.88 and a beta of 2.05. The company has a quick ratio of 1.33, a current ratio of 2.67 and a debt-to-equity ratio of 0.62. TriMas has a 12 month low of $19.75 and a 12 month high of $28.85.

TriMas (NASDAQ:TRS) last announced its earnings results on Thursday, October 26th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.39. The business had revenue of $209.30 million during the quarter, compared to analyst estimates of $208.89 million. TriMas had a positive return on equity of 12.18% and a negative net margin of 4.01%. TriMas’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the company earned $0.35 EPS. sell-side analysts predict that TriMas will post 1.4 earnings per share for the current fiscal year.

In other news, insider Paul Swart sold 1,500 shares of TriMas stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $26.57, for a total value of $39,855.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Joshua A. Sherbin sold 13,828 shares of TriMas stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $25.50, for a total value of $352,614.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,944 shares of company stock valued at $486,796. 1.40% of the stock is owned by corporate insiders.

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TriMas Company Profile

TriMas Corporation is a designer, manufacturer and distributor of engineered products for commercial, industrial and consumer markets. The Company operates through four segments: Packaging, Aerospace, Energy and Engineered Components. The Packaging segment is a designer, manufacturer and distributor of engineered closure and dispensing systems for a range of end markets, including steel and plastic industrial, and consumer packaging applications.

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