Back to top

Image: Bigstock

TriMas Corporation

Read MoreHide Full Article

TriMas’ bottom line registered year-over-year growth of 3.4% in fourth-quarter 2016 and came in line with the Zacks Consensus Estimate. The top line declined year over year and also missed the Zacks Consensus Estimate. The company guided 2017 sales to increase 2–4% as compared to 2016. Management anticipates earnings per share to be in the range of $1.35–$1.45. TriMas will benefit from focus on organic growth opportunities, expanding global capabilities and product development. Stability in order patterns from distribution customers will also drive growth. However, Brexit-related uncertainty, current macroeconomic environment and the impact of a strengthening U.S. dollar will continue to be headwinds for TriMas. Moreover, the stock has underperformed the Zacks categorized sub industry for the past one year.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


TriMas Corporation (TRS) - free report >>