Trimas Corporation (TRS) Stock Up 0.95%: Is It a Good Investment?

A share price of Trimas Corporation [TRS] is currently trading at $25.45, up 0.95%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TRS shares have gain 1.72% over the last week, with a monthly amount glided 2.99%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Trimas Corporation [NASDAQ: TRS] stock has seen the most recent analyst activity on May 22, 2023, when BWS Financial initiated its Buy rating and assigned the stock a price target of $40. Previously, William Blair downgraded its rating to Mkt Perform on October 28, 2022. On April 02, 2020, upgrade upgraded it’s rating to Outperform. Seaport Global Securities downgraded its rating to a Neutral and decreased its price target to $27 on September 15, 2017. JP Morgan upgraded its rating to a Overweight. JP Morgan downgraded its rating to Neutral for this stock on January 13, 2017. In a note dated September 27, 2016, JP Morgan upgraded an Overweight rating on this stock.

Trimas Corporation experienced fluctuations in its stock price throughout the past year between $22.45 and $27.89. Trimas Corporation [NASDAQ: TRS] shares were valued at $25.45 at the most recent close of the market.

Analyzing the TRS fundamentals

Trailing Twelve Months sales for Trimas Corporation [NASDAQ:TRS] were 912.50M which represents 3.13% growth. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.98 points at the first support level, and at 24.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.72, and for the 2nd resistance point, it is at 25.99.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Trimas Corporation [NASDAQ:TRS] is 2.82. Also, the Quick Ratio is 1.48, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 1.13, the price to book ratio is 1.53 and price to earnings (TTM) ratio is 26.03.

Transactions by insiders

Recent insider trading involved Tredwell Daniel P, Director, that happened on Aug 12 ’24 when 92.0 shares were purchased. Chief Financial Officer, Mell Scott A completed a deal on May 21 ’24 to sell 1500.0 shares. Meanwhile, Director Tredwell Daniel P bought 81.0 shares on May 10 ’24.

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