Analyst Ratings for TriMas Corp. (TRS)Updated: 2017-07-28
An average rating of Hold has been given to TriMas Corp. (NASDAQ:TRS) by analysts covering the stock. TRS had previously received a consensus rating of Hold a month ago.
A buy rating was issued by 1 analysts, 0 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
TRS was given price targets by several analysts. The most optimistic price target was 27, implying a possible profit of 12.73 percent. The minimum price target given was 22, implying a possible loss of -8.14 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.36 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
In the last 52-weeks, TRS has achieved a high of 24.40 and a low of 17.00. The current market price is above the trailing year's low by 40.88 percent, and below the high by 1.84 percent. TRS has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The TRS value stock report compares TRS to some of its peers using value stock charts. The market cap of TRS is $1.01 billion. TRS's next earnings release will be on 0000-00-00, which is days away.