trimas corp - TRS

TRS

Close Chg Chg %
24.86 -0.26 -1.05%

Open Market

24.60

-0.26 (1.05%)

Volume: 36.77K

Last Updated:

Dec 27, 2024, 11:52 AM EDT

Company Overview: trimas corp - TRS

TRS Key Data

Open

$24.69

Day Range

24.56 - 24.94

52 Week Range

22.45 - 28.50

Market Cap

$1.01B

Shares Outstanding

40.57M

Public Float

33.51M

Beta

0.66

Rev. Per Employee

N/A

P/E Ratio

38.61

EPS

$0.65

Yield

64.36%

Dividend

$0.04

EX-DIVIDEND DATE

Nov 5, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

213.39K

 

TRS Performance

1 Week
 
1.39%
 
1 Month
 
-5.90%
 
3 Months
 
-2.74%
 
1 Year
 
-1.86%
 
5 Years
 
-20.37%
 

TRS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 4
Full Ratings ➔

About trimas corp - TRS

TriMas Corp. engages in the manufacture of industrial products for customers in the consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets. It operates through the following segments: Packaging, Aerospace, and Specialty Products. The Packaging segment designs and manufactures dispensing products, including foaming pumps, lotion and hand soap pumps, sanitizer pumps, beverage dispensers, perfume sprayers, nasal sprayers and trigger sprayers, polymeric and steel caps and closures, including food lids, flip-top closures, child resistant caps, drum and pail closures, and flexible spouts, polymeric jar products, and fully integrated dispensers for fill-ready bag-in-box applications, all for a variety of consumer product markets including, but not limited to, beauty and personal care, home care, food and beverage, and pharmaceutical and nutraceutical, as well as the industrial market. The Aerospace segment is involved in the design and manufacture of precision fasteners, tubular products and assemblies for fluid conveyance, and machined products and assemblies to serve the aerospace and defense market under the brand name Monogram Aerospace Fasteners, RSA Engineered Products and Martinic Engineering, Allfast Fastening Systems, and Mac Fasteners. The Specialty Products segment designs, manufactures, and distributes highly-engineered steel cylinders, wellhead engines, and compression systems for use within industrial markets and includes the Norris Cylinder and Arrow Engine brands. The company was founded by Brian P. Campbell in 1986 and is headquartered in Bloomfield Hills, MI.

TRS At a Glance

TriMas Corp.
38505 Woodward Avenue
Bloomfield Hills, Michigan 48304
Phone 1-248-631-5450 Revenue 893.55M
Industry Miscellaneous Manufacturing Net Income 40.36M
Sector Producer Manufacturing 2023 Sales Growth 1.1%
Fiscal Year-end 12 / 2024 Employees 3,400
View SEC Filings

TRS Valuation

P/E Current 38.615
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 26.162
Price to Sales Ratio 1.182
Price to Book Ratio 1.528
Price to Cash Flow Ratio 11.977
Enterprise Value to EBITDA 10.876
Enterprise Value to Sales 1.639
Total Debt to Enterprise Value 0.303

TRS Efficiency

Revenue/Employee 262,808.824
Income Per Employee 11,870.588
Receivables Turnover 6.036
Total Asset Turnover 0.675

TRS Liquidity

Current Ratio 2.492
Quick Ratio 1.285
Cash Ratio 0.219

TRS Profitability

Gross Margin 21.807
Operating Margin 8.622
Pretax Margin 5.662
Net Margin 4.517
Return on Assets 3.05
Return on Equity 6.047
Return on Total Capital 3.584
Return on Invested Capital 3.659

TRS Capital Structure

Total Debt to Total Equity 64.902
Total Debt to Total Capital 39.358
Total Debt to Total Assets 33.037
Long-Term Debt to Equity 63.746
Long-Term Debt to Total Capital 38.657
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Trimas Corp - TRS

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
769.97M 857.11M 883.83M 893.55M
Sales Growth
+6.42% +11.32% +3.12% +1.10%
Cost of Goods Sold (COGS) incl D&A
587.71M 654.68M 689.52M 698.69M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
49.77M 53.45M 53.22M 57.59M
Depreciation
29.02M 31.89M 34.12M 39.41M
Amortization of Intangibles
20.75M 21.56M 19.10M 18.18M
COGS Growth
+7.91% +11.40% +5.32% +1.33%
Gross Income
182.26M 202.43M 194.31M 194.86M
Gross Income Growth
+1.89% +11.07% -4.01% +0.28%
Gross Profit Margin
+23.67% +23.62% +21.98% +21.81%
2020 2021 2022 2023 5-year trend
SG&A Expense
114.76M 97.51M 112.40M 117.82M
Research & Development
- - - -
-
Other SG&A
114.76M 97.51M 112.40M 117.82M
SGA Growth
+31.14% -15.03% +15.27% +4.82%
Other Operating Expense
- - - -
-
Unusual Expense
154.97M 13.09M 3.26M 13.30M
EBIT after Unusual Expense
(87.47M) 91.83M 78.65M 63.74M
Non Operating Income/Expense
(580.00K) (8.21M) 23.13M 2.77M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
14.66M 14.51M 14.11M 15.92M
Interest Expense Growth
+5.09% -1.02% -2.76% +12.83%
Gross Interest Expense
14.66M 14.51M 14.11M 15.92M
Interest Capitalized
- - - -
-
Pretax Income
(102.71M) 69.11M 87.67M 50.59M
Pretax Income Growth
-231.24% +167.29% +26.86% -42.29%
Pretax Margin
-13.34% +8.06% +9.92% +5.66%
Income Tax
(22.95M) 11.80M 21.50M 10.23M
Income Tax - Current - Domestic
1.01M 1.47M 16.77M 3.41M
Income Tax - Current - Foreign
7.75M 8.84M 6.17M 8.69M
Income Tax - Deferred - Domestic
(21.33M) 6.12M (1.73M) 1.95M
Income Tax - Deferred - Foreign
(10.38M) (4.63M) 290.00K (3.82M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(79.76M) 57.31M 66.17M 40.36M
Minority Interest Expense
- - - -
-
Net Income
(79.76M) 57.31M 66.17M 40.36M
Net Income Growth
-228.77% +171.85% +15.46% -39.01%
Net Margin Growth
-10.36% +6.69% +7.49% +4.52%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(79.76M) 57.31M 66.17M 40.36M
Preferred Dividends
- - - -
-
Net Income Available to Common
(79.76M) 57.31M 66.17M 40.36M
EPS (Basic)
-1.8302 1.3326 1.5662 0.974
EPS (Basic) Growth
-184.07% +172.81% +17.53% -37.81%
Basic Shares Outstanding
43.58M 43.01M 42.25M 41.44M
EPS (Diluted)
-1.8302 1.3241 1.5578 0.9682
EPS (Diluted) Growth
-184.61% +172.35% +17.65% -37.85%
Diluted Shares Outstanding
43.58M 43.28M 42.48M 41.69M
EBITDA
117.27M 158.37M 135.13M 134.63M
EBITDA Growth
-13.05% +35.05% -14.67% -0.37%
EBITDA Margin
+15.23% +18.48% +15.29% +15.07%

Snapshot

Average Recommendation HOLD Average Target Price 47.00
Number of Ratings 4 Current Quarters Estimate 0.476
FY Report Date 12 / 2024 Current Year's Estimate 1.685
Last Quarter’s Earnings 0.43 Median PE on CY Estimate N/A
Year Ago Earnings 1.74 Next Fiscal Year Estimate 1.977
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 2 2
Mean Estimate 0.48 0.45 1.68 1.98
High Estimates 0.48 0.47 1.70 1.98
Low Estimate 0.47 0.43 1.67 1.97
Coefficient of Variance 1.34 6.61 1.30 0.21

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 2 2 1
HOLD 2 2 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Trimas Corp - TRS

Date Name Shares Transaction Value
Jul 11, 2024 Teresa M. Finley Director 37,575 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $24.61 per share 924,720.75
Jul 3, 2024 Scott A. Mell Chief Financial Officer 30,506 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $25.13 per share 766,615.78
May 16, 2024 Daniel Platt Tredwell Director 50,842 Open market or private purchase of non-derivative security Non-derivative transaction at $26.8 per share 1,362,565.60
May 9, 2024 Herbert K. Parker Director 39,157 Open market or private purchase of non-derivative security Non-derivative transaction at $26.52 per share 1,038,443.64
May 9, 2024 Herbert K. Parker Director 45,157 Open market or private purchase of non-derivative security Non-derivative transaction at $26.01 per share 1,174,533.57
May 9, 2024 Herbert K. Parker Director 51,157 Open market or private purchase of non-derivative security Non-derivative transaction at $26.27 per share 1,343,894.39
May 6, 2024 Jeffrey M. Greene Director 16,488 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $26.01 per share 428,852.88
Mar 13, 2024 Thomas A. Amato President and CEO; Director 268,564 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $24.71 per share 6,636,216.44
Mar 13, 2024 Jodi F. Robin General Counsel and Secretary 15,418 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $24.71 per share 380,978.78
Mar 13, 2024 Jill S Stress Chief Human Resources Officer 7,760 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $24.71 per share 191,749.60
Mar 5, 2024 Jeffrey A. Fielkow Director 4,445 Open market or private purchase of non-derivative security Non-derivative transaction at $23.86 per share 106,057.70

Trimas Corp in the News