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.
Many analysts weighed in on price targets for TRS. The maximum price target given was 27, which equates to a potential upside of 12.73 percent. The most pessimistic price target was 22, implying a possible loss of -8.14 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. If we look at the last 90 days instead, we find a net average change of 0.36 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
TRS has a 52-week high of 24.40 and a 52-week low of 17.00. Currently the stock is 40.88 percent higher than its low, and 1.84 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.