Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for TriMas Corp (NASDAQ: TRS) weakened in recent days. TRS’ current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
TriMas Corp (NASDAQ: TRS) stock declined slightly by -0.8% on 5/1/24. The stock closed at $25.79. Moreover, trading volume in this decline was above average at 143% of normal. The stock has performed in line with the market over the last nine months and has declined -1.8% 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 54 and a slightly negative Power Rating of 33, with the Negative Value Trend Rating the result.
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