Stock Rating Upgrade
The Value Trend Rating for TriMas Corp (NASDAQ: TRS) improved in the last week from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
TriMas Corp (NASDAQ: TRS) stock closed at $25.35 on 4/12/24 after a modest decline of -1.8%. However, below average trading volume at 68% of normal accompanied the decline. The stock has declined -3.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TRS is expected to continue to be a Value Builder.
TriMAS has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. TriMAS has a neutral Appreciation Score of 55 and a slightly negative Power Rating of 35, triggering the Low Neutral Value Trend Rating.
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