Analyst Expects Trimas Corporation (NASDAQ: TRS) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NASDAQ listed company, TRS falls under the Consumer Cyclical sector while operating within the Packaging & Containers industry segment. The current market capitalization of Trimas Corporation is $983.46M. A total of 0.19 million shares were traded on the day, compared to an average of 237.14K shares.

In the most recent transaction, Mell Scott A sold 2,000 shares of TRS for 25.94 per share on Nov 19 ’24. After the transaction, the Chief Financial Officer now owns 28,506 company shares. In a previous transaction on Nov 19 ’24, Mell Scott A bought 2,000 shares at 25.94 per share.

Among the insiders who bought shares, AMATO THOMAS A acquired of 10,000 shares on Nov 15 ’24 at a per-share price of $25.83. This resulted in the President and CEO holding 327,335 shares of TRS after the transaction. In another insider transaction, Tredwell Daniel P bought 79 shares at $27.51 per share on Nov 11 ’24. Company shares held by the Director now total 51,013.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Trimas Corporation pays an annual dividend of $0.16, resulting in a dividend yield of 0.66%, and it has a price to earnings (P/E) ratio of 37.65. TRS’s most recent ex-dividend date was 0.57% when it declared a $0.04 quarterly dividend that was paid in cash on 11/5/2024. Previously, the company paid the dividend on 8/6/2024 with an ex-dividend date of 0.58%. The TRS stock dividend was $0.04 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, TRS has a high of $28.51 and a low of $22.24.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. TRS’s latest balance sheet shows that the firm has $129.79M in Cash & Short Term Investments as of fiscal 2021. There were $445.72M in debt and $154.90M in liabilities at the time. Its Book Value Per Share was $16.83, while its Total Shareholder’s Equity was $630.85M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TRS is Buy with a score of 3.50.

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