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 EPS guidance of 1.700-1.850 for the period, compared to the consensus EPS 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 have weighed in on TRS shares. StockNews.com raised TriMas from a “sell” rating to a “hold” rating in a report on Wednesday, November 13th. BWS Financial reaffirmed a “buy” rating and issued a $40.00 price objective on shares of TriMas in a research note on Thursday, January 23rd.

TriMas Price Performance

TRS stock opened at $21.87 on Thursday. The stock has a market cap of $887.31 million, a price-to-earnings ratio of 34.17 and a beta of 0.66. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.83 and a quick ratio of 1.44. The company has a 50 day simple moving average of $23.95 and a 200 day simple moving average of $25.15. TriMas has a 1 year low of $21.83 and a 1 year high of $28.51.

TriMas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.16 annualized dividend and a dividend yield of 0.73%. TriMas’s dividend payout ratio (DPR) is presently 25.00%.

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.