Is TriMas Corporation (TRS) Dependable Investment For Investors?

On Thursday, shares of TriMas Corporation (NASDAQ:TRS) marked $24.15 per share versus a previous $24.90 closing price. With having a -3.01% loss, an insight into the fundamental values of TriMas Corporation, investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. TRS showed a fall of -23.11% within its YTD performance, with highs and lows between $18.05 – $33.07 during the period of 52 weeks, compared to the simple moving average of -9.54% in the period of the last 200 days.

William Blair equity researchers changed the status of TriMas Corporation (NASDAQ: TRS) shares from “Mkt Perform” to a “Outperform” rating in the report published on April 2nd, 2020. Other analysts, including Seaport Global Securities, also published their reports on TRS shares. Seaport Global Securities repeated the rating from the previous report, marking TRS under “Neutral” rating, in the report published on September 15th, 2017. Additionally, TRS shares got another “Overweight” rating from JP Morgan. On the other hand, JP Morgan Upgrade the “Overweight” rating for TRS shares, as published in the report on September 27th, 2016. ROTH Capital seems to be going bullish on the price of TRS shares, based on the price prediction for TRS, indicating that the shares will jump from $28 to $20, giving the shares “Neutral” rating based on their report from August 5th, 2015. Another “Neutral” rating came from JP Morgan.

TriMas Corporation (TRS) Analysis

The present dividend yield for TRS owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with TriMas Corporation, the company needs to provide a healthy cash flow, currently at the value of 24.21. In addition, the growth of sales from quarter to quarter is recording 5.40%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of TriMas Corporation (TRS) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 13.80% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 3.30 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while TRS is currently recording an average of 199.44K in volumes. The volatility of the stock on monthly basis is set at 3.60%, while the weekly volatility levels are marked at 3.21%with -2.54% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $25.00, indicating growth from the present price of $24.15, which can represent yet another valuable research and analysis points that can help you decide whether to invest in TRS or pass.

What to Look for When Analyzing TriMas Corporation Shares?

TriMas Corporation (TRS) is based in the USA and it represents one of the well-known company operating with Industrials sector. If you wish to compare TRS shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 19.57 for TriMas Corporation, while the value 16.77 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 1.23 is supported by the yearly EPS growth of -14.40%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 1.20%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in TRS Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in TRS in the recent period. That is how The Vanguard Group, Inc. now has an increase position in TRS by 3.86% in the first quarter, owning 4.07 million shares of TRS stocks, with the value of $97.59 million after the purchase of an additional 151,369 shares during the last quarter. In the meanwhile, Wellington Management Co. LLP also increased their stake in TRS shares changed 2.65% in the first quarter, which means that the company now owns 3.52 million shares of company, all valued at $84.33 million after the acquisition of additional 90,780 shares during the last quarter.

Fiduciary Management, Inc. acquired a new position in TriMas Corporation during the first quarter, with the value of $84 million, and Champlain Investment Partners LLC increased their stake in the company’s shares by 28.96% in the first quarter, now owning 470,215 shares valued at $50.15 million after the acquisition of the additional 2.09 million shares during the last quarter. In the end, Victory Capital Management, Inc. increased their position by 25.91% during the first quarter, now owning 2 million TRS shares, now holding the value of $47.98 million in TRS with the purchase of the additional 85,118 shares during the period of the last quarter.