TriMas Corp (NASDAQ: TRS) has reported E.P.S. of $0.27 for its second fiscal quarter (ending June 30) versus $0.27 for the same period a year ago. E.P.S. were $0.98 for the latest four quarters through June 30 versus $1.15 for the same period a year ago.
Recent Price Action
TriMas Corp (NASDAQ: TRS) stock closed at $25.38 on 7/30/24 after a large decline of -7.1%. Moreover, trading volume in this decline was exceptionally high at 267% of normal. The stock has performed in line with the market over the last nine months and has declined -5.4% during the last week.
Current PriceTarget Research Rating
TRS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
TriMAS has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. TriMAS has a neutral Power Rating of 51 and a neutral Appreciation Score of 55, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment