TriMas Corporation

Company Profile

TriMas Corporation had its IPO on 2007-05-18 under the ticker symbol TRS.

The company operates in the Consumer Cyclical sector and Packaging & Containers industry. TriMas Corporation has a staff strength of 3,500 employees.

Stock update

Shares of TriMas Corporation opened at $24.21 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $24.09 - $24.52, and closed at $24.21.

This is a +0.08% increase from the previous day's closing price.

A total volume of 67,165 shares were traded at the close of the day’s session.

In the last one week, shares of TriMas Corporation have slipped by -8.54%.

TriMas Corporation's Key Ratios

TriMas Corporation has a market cap of $1.00 billion, indicating a price to book ratio of 1.812 and a price to sales ratio of 1.2922.

In the last 12-months TriMas Corporation’s revenue was $870.49 million with a gross profit of $211.10 million and an EBITDA of $118.13 million. The EBITDA ratio measures TriMas Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, TriMas Corporation’s operating margin was 7.16% while its return on assets stood at 2.93% with a return of equity of 7.44%.

In Q2, TriMas Corporation’s quarterly earnings growth was a negative -44.6% while revenue growth was a negative 1.9%.

TriMas Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

21.2193

PEG

1.63

Its diluted EPS in the last 12-months stands at $1.14 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.63. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into TriMas Corporation’s profitability.

TriMas Corporation stock is trading at a EV to sales ratio of 1.7033 and a EV to EBITDA ratio of 10.4797. Its price to sales ratio in the trailing 12-months stood at 1.2922.

TriMas Corporation stock pays annual dividends of $0.16 per share, indicating a yield of 0.66% and a payout ratio of 8.79%.

Balance sheet and cash flow metrics

Total Assets

$1.36 billion

Total Liabilities

$151.62 million

Operating Cash Flow

$-43950000.00

Capital Expenditure

$10.14 million

Dividend Payout Ratio

8.79%

TriMas Corporation ended 2024 with $1.36 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.36 billion while shareholder equity stood at $662.36 million.

TriMas Corporation ended 2024 with $26.88 million in deferred long-term liabilities, $151.62 million in other current liabilities, 410000.00 in common stock, $-20200000.00 in retained earnings and $362.80 million in goodwill. Its cash balance stood at $41.90 million and cash and short-term investments were $41.90 million. The company’s total short-term debt was $8,910,000 while long-term debt stood at $417.02 million.

TriMas Corporation’s total current assets stands at $409.94 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $164.80 million compared to accounts payable of $83.78 million and inventory worth $182.52 million.

In 2024, TriMas Corporation's operating cash flow was $-43950000.00 while its capital expenditure stood at $10.14 million.

Comparatively, TriMas Corporation paid $0.09 in dividends in 2024.

Other key metrics

Current Trading Price

$24.21

52-Week High

$31.7438

52-Week Low

$21.2805

Analyst Target Price

$47

TriMas Corporation stock is currently trading at $24.21 per share. It touched a 52-week high of $31.7438 and a 52-week low of $31.7438. Analysts tracking the stock have a 12-month average target price of $47.

Its 50-day moving average was $26.34 and 200-day moving average was $27.37 The short ratio stood at 2.26 indicating a short percent outstanding of 0%.

Around 129.6% of the company’s stock are held by insiders while 10704.6% are held by institutions.