TriMas (NASDAQ:TRS) Issues 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 (EPS) guidance of 1.700-1.850 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

TRS has been the subject of several recent analyst reports. StockNews.com raised shares of TriMas from a “sell” rating to a “hold” rating in a research note on Wednesday, November 13th. BWS Financial reissued a “buy” rating and issued a $40.00 target price on shares of TriMas in a research note on Thursday, January 23rd.

TriMas Trading Down 2.0 %

Shares of NASDAQ:TRS opened at $21.87 on Thursday. The firm has a market cap of $887.31 million, a price-to-earnings ratio of 34.17 and a beta of 0.66. TriMas has a 12 month low of $21.83 and a 12 month high of $28.51. The company’s fifty day simple moving average is $23.95 and its 200 day simple moving average is $25.15. The company has a quick ratio of 1.44, a current ratio of 2.83 and a debt-to-equity ratio of 0.60.

TriMas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 28th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.73%. The ex-dividend date is Friday, February 28th. TriMas’s payout ratio is 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.