Last $32.80 USD
Change Today +1.26 / 3.99%
Volume 197.5K
TRS On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

trimas corp (TRS) Snapshot

Open
$31.66
Previous Close
$31.54
Day High
$32.92
Day Low
$31.62
52 Week High
10/24/13 - $42.09
52 Week Low
04/22/13 - $27.16
Market Cap
1.5B
Average Volume 10 Days
260.1K
EPS TTM
$2.48
Shares Outstanding
45.2M
EX-Date
--
P/E TM
13.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for TRIMAS CORP (TRS)

Related News

No related news articles were found.

trimas corp (TRS) Related Businessweek News

No Related Businessweek News Found

trimas corp (TRS) Details

TriMas Corporation designs, manufactures, and distributes various products for commercial, industrial, and consumer markets worldwide. Its Packaging segment offers steel and plastic closure caps, drum enclosures, rings and levers, and specialty plastic closures, as well as dispensing systems, such as foamers, pumps, and specialty sprayers to store, transport, process, and dispense products for agricultural, beverage, cosmetic, food, household products, industrial, medical, nutraceutical, personal care, and pharmaceutical markets. The company’s Energy segment provides metallic and non-metallic gaskets, bolts, industrial fasteners, and specialty products for petroleum refining, petrochemical, oil field, and industrial markets. Its Aerospace and Defense segment offers aerospace fasteners and military munitions components for the aerospace and defense industries. The company’s Engineered Components segment provides natural gas powered engines and parts, gas compressors, gas production equipment, meter runs, engine electronics, and chemical pumps for use in oil and natural gas production, as well as high-pressure and low-pressure cylinders for the transportation, storage, and dispensing of compressed gases. Its Cequent APEA and Cequent Americas segments offer custom-engineered towing, trailering, and electrical products, including trailer couplers, winches, jacks, trailer brakes and brake control solutions, lighting accessories, and roof racks for recreational vehicle, agricultural/utility, marine, automotive, and commercial trailer markets; and functional vehicle accessories and cargo management solutions, including vehicle hitches and receivers, sway controls, weight distribution and fifth-wheel hitches, hitch-mounted accessories, and other accessory components. The company sells its products through direct sales force, third-party agents, distributors, licensees, and independent sales representatives. TriMas Corporation is headquartered in Bloomfield Hills, Michigan.

6,000 Employees
Last Reported Date: 02/20/14

trimas corp (TRS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $875.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $515.6K
President of Packaging Systems
Total Annual Compensation: $454.8K
President of Cequent Performance Products
Total Annual Compensation: $330.9K
Chief Compliance Officer, Vice President, Gen...
Total Annual Compensation: $437.5K
Compensation as of Fiscal Year 2013.

trimas corp (TRS) Key Developments

TriMas Corporation Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013; Provides Earnings Guidance for the Year 2014

TriMas Corporation announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. The company reported record fourth quarter net sales from continuing operations of $323.4 million, an increase of 7.4% compared to fourth quarter 2012. Increase of 7.4% in net sales were result of additional sales from bolt-on acquisitions, as well as market share gains, new product introductions and geographic expansion. The company reported fourth quarter 2013 income attributable to TriMas Corporation of $6.9 million, or $0.15 per diluted share, as compared to a loss of $13.9 million, or $0.35 per diluted share during fourth quarter 2012. Operating profit was $11.9 million in fourth quarter 2013, as compared to operating profit of $19.3 million during fourth quarter 2012. Income from continuing operations before income tax expense was $5.05 million against loss from continuing operations before income tax expense of $26.9 million reported last year. Income from continuing operations was $8.3 million or $0.15 per diluted share against loss from continuing operations of $13.1 million or $0.35 per diluted share reported last year. Excluding special items, income from continuing operations attributable to company would have been $14.1 million or $0.31 per share against $13 million or $0.33 per share reported last year. For the year, the company reported record net sales from continuing operations of $1.395 billion, an increase of 9.6% compared to 2012. Increase of 9.6% in net sales were due to the results from bolt-on acquisitions and the successful execution of numerous growth initiatives. The company reported full year income attributable to TriMas Corporation of $75.6 million, or $1.81 per diluted share, compared to income attributable to TriMas Corporation of $33.9 million, or $0.89 per diluted share, in 2012. Operating profit was $120.5 million, compared to operating profit of $127.9 million for 2012. Income from continuing operations before income tax expense was $97.8 million against $42.3 million reported last year. Income from continuing operations was $79.4 million or $1.81 per diluted share against $36.3 million or $0.89 per diluted share reported last year. During 2013, the company invested $39.5 million in capital expenditures against $46.1 million reported last year. Net cash provided by operating activities, net of acquisition impact was $87.6 million against $73.2 million reported last year. Excluding special items, income from continuing operations attributable to company would have been $85.1 million or $2.06 per share against $69.7 million or $1.84 per share reported last year. The company is estimating 2014 top-line growth of 6% to 8% as compared to 2013. The company expects full-year 2014 diluted earnings per share from continuing operations to range between $2.15 and $2.25 per share, taking into account the uncertainty in energy end markets, a higher effective tax rate and currency fluctuations, as well as approximately 9% higher weighted average shares outstanding expected for 2014 as compared to 2013. In addition, the company expects 2014 free cash flow, defined as cash flow from operating activities less capital expenditures, to be between $55 million and $65 million. The company expects even higher levels of cash flow in 2014. The company will have operating profit growth of more than twice revenue growth, yielding EPS in a range of $2.15 to $2.25 per share on current share count.

TriMas Mulls Acquisitions

TriMas Corporation (NasdaqGS:TRS) is looking for acquisition opportunities. The company has issued 5.2 million shares of common stock with net proceeds of $174.7 million in September 2013, in order to support future revenue and earnings growth including bolt-on acquisitions and capital expenditures in support of growth and productivity initiatives.

TriMas Corporation Presents at 26th Annual ROTH Conference, Mar-10-2014 08:00 AM

TriMas Corporation Presents at 26th Annual ROTH Conference, Mar-10-2014 08:00 AM. Venue: The Ritz Carlton, 1 Ritz Carlton Dr, Dana Point, CA 92629, United States.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TRS:US $32.80 USD +1.26

TRS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Actuant Corp $34.34 USD +0.48
Drew Industries Inc $51.26 USD +0.21
GenCorp Inc $17.34 USD +0.58
Stoneridge Inc $11.17 USD +0.20
Winnebago Industries Inc $25.74 USD -0.13
View Industry Companies
 

Industry Analysis

TRS

Industry Average

Valuation TRS Industry Range
Price/Earnings 17.4x
Price/Sales 1.0x
Price/Book 2.6x
Price/Cash Flow 15.0x
TEV/Sales 0.8x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TRIMAS CORP, please visit www.trimascorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.