TriMas (TRS) Earns News Impact Rating of 0.26
News headlines about TriMas (NASDAQ:TRS) have been trending positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TriMas earned a coverage optimism score of 0.26 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 45.0224645910792 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities research analysts have commented on TRS shares. BidaskClub cut TriMas from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. ValuEngine upgraded TriMas from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Deutsche Bank set a $29.00 target price on TriMas and gave the company a “hold” rating in a research note on Friday, January 19th. Finally, Zacks Investment Research upgraded TriMas from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research note on Monday, January 22nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $26.83.
Shares of TriMas (NASDAQ TRS) opened at $22.95 on Thursday. TriMas has a 12 month low of $19.75 and a 12 month high of $28.85. The stock has a market capitalization of $1,063.02, a P/E ratio of -31.87, a PEG ratio of 2.92 and a beta of 1.94. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.33 and a current ratio of 2.67.
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TriMas Company Profile
TriMas Corporation is a designer, manufacturer and distributor of engineered products for commercial, industrial and consumer markets. The Company operates through four segments: Packaging, Aerospace, Energy and Engineered Components. The Packaging segment is a designer, manufacturer and distributor of engineered closure and dispensing systems for a range of end markets, including steel and plastic industrial, and consumer packaging applications.
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