News stories about TriMas (NASDAQ:TRS) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. 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 media sentiment score of 0.04 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.5672219691413 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Financial Comparison: TriMas (TRS) and Ardagh Group (ARD) (americanbankingnews.com)
- TriMas Corp. – Value Analysis (NASDAQ:TRS) : December 15, 2017 (finance.yahoo.com)
- TriMas Corp. breached its 50 day moving average in a Bullish Manner : TRS-US : December 14, 2017 (finance.yahoo.com)
- TriMas (TRS) and Sealed Air (SEE) Head to Head Comparison (americanbankingnews.com)
- $192.78 Million in Sales Expected for TriMas Corporation (TRS) This Quarter (americanbankingnews.com)
TRS has been the subject of several analyst reports. Seaport Global Securities lowered shares of TriMas from a “buy” rating to a “neutral” rating and set a $27.00 price objective for the company. in a research note on Friday, September 15th. Zacks Investment Research lowered shares of TriMas from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. Finally, BidaskClub downgraded shares of TriMas from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $25.25.
TriMas (NASDAQ:TRS) last announced its earnings results on Thursday, October 26th. The industrial products company reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $209.30 million for the quarter, compared to the consensus estimate of $208.89 million. TriMas had a negative net margin of 4.01% and a positive return on equity of 12.18%. The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.35 EPS. analysts expect that TriMas will post 1.4 earnings per share for the current fiscal year.
In other news, insider Joshua A. Sherbin sold 13,828 shares of the business’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $25.50, for a total transaction of $352,614.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Robert J. Zalupski sold 2,816 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $25.94, for a total transaction of $73,047.04. The disclosure for this sale can be found here. Insiders sold a total of 18,944 shares of company stock worth $486,796 in the last quarter. Insiders own 1.40% of the company’s stock.
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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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