TriMas Corp (TRS) Given Average Rating of “Hold” by Analysts
Shares of TriMas Corp (NASDAQ:TRS) have been given a consensus rating of “Hold” by the eight research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $26.83.
Several analysts have recently commented on the company. BidaskClub cut TriMas from a “hold” rating to a “sell” rating in a report on Wednesday. ValuEngine upgraded TriMas from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded TriMas from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Monday, January 22nd. Finally, Deutsche Bank set a $29.00 target price on TriMas and gave the stock a “hold” rating in a report on Friday, January 19th.
In other news, CFO Robert J. Zalupski sold 2,816 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $25.94, for a total transaction of $73,047.04. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Joshua A. Sherbin sold 13,828 shares of the company’s stock in a transaction on Monday, November 20th. The shares were 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. Corporate insiders own 1.40% of the company’s stock.
Shares of TriMas (NASDAQ TRS) opened at $24.50 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.33 and a current ratio of 2.67. The company has a market capitalization of $1,122.45, a price-to-earnings ratio of -34.03, a PEG ratio of 3.08 and a beta of 1.94. TriMas has a 1-year low of $19.75 and a 1-year high of $28.85.
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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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