TriMas Corp (NASDAQ: TRS) has reported E.P.S. of $0.06 for its third fiscal quarter (ending September 30) versus $0.40 for the same period a year ago — a decline of -85%. E.P.S. were $0.65 for the latest four quarters through September 30 versus $1.23 for the same period a year ago — a decline of -47%.
Recent Price Action
On 11/4/24, TriMas Corp (NASDAQ: TRS) stock suffered a large decline of -8.1%, closing at $24.87. Moreover, this decline was accompanied by unusually high trading volume at 164% of normal. The stock has performed in line with the market over the last nine months and has declined -8.7% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. TriMAS has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 34, leading to the Negative Value Trend Rating.
Rating Review
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.
Be the first to comment