Is TriMas Stock a Good Investment?
TriMas Investment Advice | TRS |
- Examine TriMas' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research TriMas' leadership team and their track record. Good management can help TriMas navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact TriMas' business and its evolving consumer preferences.
- Compare TriMas' performance and market position to its competitors. Analyze how TriMas is positioned in terms of product offerings, innovation, and market share.
- Check if TriMas pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about TriMas' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in TriMas stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if TriMas is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine TriMas Stock
Researching TriMas' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.6. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TriMas has Price/Earnings To Growth (PEG) ratio of 1.63. The entity last dividend was issued on the 5th of November 2024. The firm had 1255:1000 split on the 1st of July 2015.
To determine if TriMas is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding TriMas' research are outlined below:
| TriMas is unlikely to experience financial distress in the next 2 years | |
| TriMas has a very strong financial position based on the latest SEC filings | |
| Over 83.0% of the company shares are owned by institutional investors | |
| On 12th of November 2024 TriMas paid $ 0.04 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: TriMas Corp CFO Scott Mell Sells 2,000 Shares |
TriMas Quarterly Cash And Short Term Investments |
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TriMas uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in TriMas. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to TriMas' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact TriMas' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises TriMas' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-03-02 | 2009-12-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2008-11-10 | 2008-09-30 | 0.23 | 0.26 | 0.03 | 13 | ||
2023-04-27 | 2023-03-31 | 0.26 | 0.3 | 0.04 | 15 | ||
2020-04-30 | 2020-03-31 | 0.3 | 0.34 | 0.04 | 13 | ||
2017-07-27 | 2017-06-30 | 0.36 | 0.4 | 0.04 | 11 | ||
2012-02-27 | 2011-12-31 | 0.21 | 0.25 | 0.04 | 19 | ||
2011-04-28 | 2011-03-31 | 0.3 | 0.34 | 0.04 | 13 | ||
2008-07-31 | 2008-06-30 | 0.28 | 0.32 | 0.04 | 14 |
Know TriMas' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as TriMas is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TriMas backward and forwards among themselves. TriMas' institutional investor refers to the entity that pools money to purchase TriMas' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 954.6 K | Geode Capital Management, Llc | 2024-09-30 | 947 K | Franklin Resources Inc | 2024-09-30 | 645.9 K | Barington Capital Group L P | 2024-09-30 | 608 K | Charles Schwab Investment Management Inc | 2024-09-30 | 582.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 577.9 K | Advisory Research Inc | 2024-09-30 | 534.1 K | Bank Of America Corp | 2024-06-30 | 489.5 K | Royal Bank Of Canada | 2024-06-30 | 485 K | Vanguard Group Inc | 2024-09-30 | 3.8 M | Fiduciary Management, Inc. Of Milwaukee | 2024-09-30 | 3.2 M |
TriMas' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.09 B.Market Cap |
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TriMas' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.06 | 0.08 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.06 | 0.06 |
Determining TriMas' profitability involves analyzing its financial statements and using various financial metrics to determine if TriMas is a good buy. For example, gross profit margin measures TriMas' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of TriMas' profitability and make more informed investment decisions.
TriMas' Earnings Breakdown by Geography
Please note, the imprecision that can be found in TriMas' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of TriMas. Check TriMas' Beneish M Score to see the likelihood of TriMas' management manipulating its earnings.
Evaluate TriMas' management efficiency
TriMas has Return on Asset of 0.0258 % which means that on every $100 spent on assets, it made $0.0258 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0391 %, implying that it generated $0.0391 on every 100 dollars invested. TriMas' management efficiency ratios could be used to measure how well TriMas manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.05 in 2024. Return On Capital Employed is likely to gain to 0.08 in 2024. At this time, TriMas' Other Assets are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 149.6 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 862 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 16.48 | 9.32 | |
| Tangible Book Value Per Share | 3.33 | 3.50 | |
| Enterprise Value Over EBITDA | 10.77 | 11.31 | |
| Price Book Value Ratio | 1.54 | 1.46 | |
| Enterprise Value Multiple | 10.77 | 11.31 | |
| Price Fair Value | 1.54 | 1.46 | |
| Enterprise Value | 1.5 B | 872.7 M |
The strategic initiatives led by TriMas' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Dividend Yield 0.0059 | Forward Dividend Yield 0.0059 | Forward Dividend Rate 0.16 | Beta 0.662 |
Basic technical analysis of TriMas Stock
As of the 25th of November, TriMas has the Risk Adjusted Performance of 0.0845, coefficient of variation of 978.66, and Semi Deviation of 1.94. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TriMas, as well as the relationship between them. Please validate TriMas coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if TriMas is priced more or less accurately, providing market reflects its prevalent price of 26.95 per share. Given that TriMas has jensen alpha of 0.0611, we advise you to double-check TriMas's current market performance to make sure the company can sustain itself at a future point.TriMas' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific TriMas insiders, such as employees or executives, is commonly permitted as long as it does not rely on TriMas' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases TriMas insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
TriMas' Outstanding Corporate Bonds
TriMas issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. TriMas uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most TriMas bonds can be classified according to their maturity, which is the date when TriMas has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US896288AA51 Corp BondUS896288AA51 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| US896215AH37 Corp BondUS896215AH37 | View | |
| TRIMBLE INC 475 Corp BondUS896239AA85 | View | |
| US896239AC42 Corp BondUS896239AC42 | View | |
| TRMB 61 15 MAR 33 Corp BondUS896239AE08 | View |
Understand TriMas' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing TriMas' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0845 | |||
| Market Risk Adjusted Performance | 0.1878 | |||
| Mean Deviation | 1.34 | |||
| Semi Deviation | 1.94 | |||
| Downside Deviation | 2.13 | |||
| Coefficient Of Variation | 978.66 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.86 | |||
| Information Ratio | 0.0356 | |||
| Jensen Alpha | 0.0611 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0328 | |||
| Treynor Ratio | 0.1778 | |||
| Maximum Drawdown | 13.5 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.34 | |||
| Downside Variance | 4.54 | |||
| Semi Variance | 3.75 | |||
| Expected Short fall | (1.39) | |||
| Skewness | (0.68) | |||
| Kurtosis | 4.96 |
| Risk Adjusted Performance | 0.0845 | |||
| Market Risk Adjusted Performance | 0.1878 | |||
| Mean Deviation | 1.34 | |||
| Semi Deviation | 1.94 | |||
| Downside Deviation | 2.13 | |||
| Coefficient Of Variation | 978.66 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.86 | |||
| Information Ratio | 0.0356 | |||
| Jensen Alpha | 0.0611 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0328 | |||
| Treynor Ratio | 0.1778 | |||
| Maximum Drawdown | 13.5 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.34 | |||
| Downside Variance | 4.54 | |||
| Semi Variance | 3.75 | |||
| Expected Short fall | (1.39) | |||
| Skewness | (0.68) | |||
| Kurtosis | 4.96 |
Consider TriMas' intraday indicators
TriMas intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TriMas stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
TriMas Corporate Filings
F4 | 20th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 16th of October 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F3 | 15th of October 2024 The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act | ViewVerify |
TriMas Stock media impact
Far too much social signal, news, headlines, and media speculation about TriMas that are available to investors today. That information is available publicly through TriMas media outlets and privately through word of mouth or via TriMas internal channels. However, regardless of the origin, that massive amount of TriMas data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of TriMas news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of TriMas relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to TriMas' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive TriMas alpha.
TriMas Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards TriMas can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
TriMas Corporate Management
| Jan Dijk | VP Treasurer | Profile | |
| Jodi Robin | General Secretary | Profile | |
| Scott Mell | Chief Officer | Profile | |
| Jill Stress | Chief Officer | Profile | |
| Charles Manz | Pres Components | Profile | |
| Marc Roberts | Pres Segment | Profile |
Additional Tools for TriMas Stock Analysis
When running TriMas' price analysis, check to measure TriMas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.