Trimas Corporation [TRS] stock prices are up 5.21% to $24.25 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value.
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.
The stock price of Trimas Corporation [TRS] has been fluctuating between $19.33 and $28.51 over the past year. Trimas Corporation [NASDAQ: TRS] shares were valued at $24.25 at the most recent close of the market.
Analyzing the TRS fundamentals
The Trimas Corporation [NASDAQ:TRS] reported sales of 925.01M for trailing twelve months, representing a surge of 8.82%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 23.28 points at the first support level, and at 22.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.75, and for the 2nd resistance point, it is at 25.24.
Ratios To Look Out For
It’s worth pointing out that Trimas Corporation [NASDAQ:TRS]’s Current Ratio is 2.68. On the other hand, the Quick Ratio is 1.36, and the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 1.47 and price to earnings (TTM) ratio is 41.05.
Transactions by insiders
Recent insider trading involved Mell Scott A, Chief Financial Officer, that happened on Mar 06 ’25 when 2218.0 shares were sold. Director, SEDAGHAT SHAWN completed a deal on Mar 04 ’25 to buy 94319.0 shares. Meanwhile, Director SEDAGHAT SHAWN bought 2909.0 shares on Mar 05 ’25.
