Media stories about TriMas (NASDAQ:TRS) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TriMas earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.1313924577876 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
TriMas (NASDAQ:TRS) opened at $23.75 on Tuesday. The company has a current ratio of 2.67, a quick ratio of 1.33 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $1,085.88, a P/E ratio of -32.99, a PEG ratio of 2.98 and a beta of 1.94. TriMas has a 52-week low of $19.75 and a 52-week high of $28.85.
Several research analysts have weighed in on TRS shares. BidaskClub downgraded TriMas from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. ValuEngine upgraded TriMas from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded TriMas from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research report on Monday, January 22nd. Finally, Deutsche Bank set a $29.00 target price on TriMas and gave the company a “hold” rating in a research report on Friday, January 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $26.83.
TriMas Company Profile
TriMas Corporation is a designer, manufacturer and distributor of engineered products for commercial, industrial and consumer markets. The Company operates through four segments: Packaging, Aerospace, Energy and Engineered Components. The Packaging segment is a designer, manufacturer and distributor of engineered closure and dispensing systems for a range of end markets, including steel and plastic industrial, and consumer packaging applications.
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