TriMas (NASDAQ:TRS) Updates FY 2025 Earnings Guidance

TriMas (NASDAQ:TRS) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.700-1.850 for the period, compared to the consensus earnings per share estimate of 2.010. The company issued revenue guidance of $962.0 million-$980.5 million, compared to the consensus revenue estimate of $975.9 million.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TRS shares. BWS Financial reissued a “buy” rating and issued a $40.00 price target on shares of TriMas in a research note on Friday. StockNews.com upgraded shares of TriMas from a “sell” rating to a “hold” rating in a research report on Wednesday, November 13th.

TriMas Price Performance

NASDAQ:TRS opened at $20.49 on Friday. The stock has a 50 day moving average of $23.78 and a two-hundred day moving average of $25.10. The company has a current ratio of 2.83, a quick ratio of 1.44 and a debt-to-equity ratio of 0.60. The firm has a market cap of $831.32 million, a P/E ratio of 32.02 and a beta of 0.66. TriMas has a 12 month low of $19.33 and a 12 month high of $28.51.

TriMas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 28th will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Friday, February 28th. TriMas’s payout ratio is currently 25.00%.

TriMas Company Profile

TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide. The company operates through Packaging, Aerospace, and Specialty Products segments. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, and flexible spouts; polymeric jar products; integrated dispensers; bag-in-box products; and consumable vascular delivery and diagnostic test components under the Rieke, Taplast, Affaba & Ferrari, Intertech, Omega, and Rapak brands.