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.

TriMas Price Performance

TRS stock opened at $20.51 on Friday. TriMas has a 1 year low of $19.33 and a 1 year high of $28.51. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.44 and a current ratio of 2.83. The stock’s 50 day moving average price is $23.87 and its 200 day moving average price is $25.12. The firm has a market cap of $832.13 million, a P/E ratio of 32.05 and a beta of 0.66.

TriMas Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have weighed in on TRS. BWS Financial reiterated a “buy” rating and issued a $40.00 price target on shares of TriMas in a report on Thursday, January 23rd. StockNews.com upgraded TriMas from a “sell” rating to a “hold” rating in a report on Wednesday, November 13th.

About TriMas

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.