For its first fiscal quarter (ending March 31), TriMas Corp (NASDAQ: TRS) has reported a -6% decline in E.P.S. from $0.32 a year ago to $0.30 in the current quarter. This result fell short of the consensus estimate of $0.33 by $-0.03. For the latest four quarters through March 31, E.P.S. were $1.35 versus $1.61 for the same period a year ago — a decline of -16%.
Recent Price Action
On 4/30/20, TriMas Corp (NASDAQ: TRS) stock suffered a very large decline of -7.9%, closing at $23.84. However, this decline was accompanied by below average trading volume at 77% of normal. The stock has performed in line with the market over the last nine months and has risen 6.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TRS is expected to continue to be a Value Builder.
TriMAS has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. TriMAS has a neutral Appreciation Score of 52 and a slightly negative Power Rating of 33, leading to the Negative Value Trend Rating.
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.