How to Buy Trimas Stock
Trimas Corp
TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide. It operates through three segments: Packaging, Aerospace, and Specialty Products.
Trimas stock last closed at $23.54, up 1.73% from the previous day, and has decreased 1.88% in one year. It has underperformed other stocks in the Packaging & Containers industry by 0.09 percentage points. Trimas stock is currently +5.87% from its 52-week low of $22.24, and -17.43% from its 52-week high of $28.51.
There are currently 40.57M shares of TRS outstanding. The market capitalization of TRS is $955.06M. In the last 24 hours, 155,145 TRS shares were traded.
How to Buy Trimas Stock
Wondering how to invest in Trimas stock? Here's how.
- Figure out where to buy Trimas stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Trimas stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your method of payment and add your information.
- Evaluate Trimas stock: The Trimas ticker symbol is TRS. Is Trimas stock a good investment? Should you buy shares of TRS? How do TRS's underlying business fundamentals look? Do top analysts think Trimas is a good buy? Why has TRS's stock price moved recently? (Hint: Our stock research website can help you understand if TRS is a good stock to buy).
- Place your TRS buy order: Decide if you will purchase TRS shares at the current market price or use a limit order to buy TRS stock at a particular price.
- Get the latest news on your TRS position: Create a watchlist to keep track of your position in Trimas stock.
Step 1: Figure out where to buy Trimas stock
You need an online brokerage account in order to access the NASDAQ market and buy TRS stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to buy TRS today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on the best app for stock investing, you need to deposit funds:
Check out the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Evaluate Trimas stock
Once you have identified the best place to buy Trimas stock, it's very important to evaluate their stock before you invest, so you can understand the risk and opportunity.
Overview of key TRS info
TRS Overview
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on TRS's stock page.
Is TRS stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TRS's intrinsic value.
Using relative valuations measures:
- TRS may be overvalued based on its P/E ratio of 36.22x, relative to Packaging & Containers industry P/E ratio of 21.78x
- TRS may be undervalued based on its P/B ratio of 1.4x, relative to Packaging & Containers industry P/B ratio of 2.58x
- TRS may be undervalued based on its PEG ratio of 0.22x
You can do more valuation analysis on TRS's stock here.
TRS Financial Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the TRS balance sheet.
Failed Financial Due Diligence Checks:
- TRS profit margin has gone down from 5.8% to 2.9% in the past year.
- TRS has a relatively high debt to equity ratio of 1.
- Total TRS debt is higher than 5 years ago, relative to shareholder equity.
- TRS's operating cash flow of $67.29M allows it to safely service it's debt of $456.50M.
- TRS earnings of $50.99M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the TRS balance sheet.
Do analysts think it's a good time to buy TRS stock
Out of 1 Equities analysts who give forecasts on TRS, the consensus analyst rating on TRS is a Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Trimas stock forecast page.
TRS Trading Indicators
Is TRS Making Money?
Last year, TRS earnings were $26.55M. In the last five year, TRS's earnings have grown by -17.4% per year. This was slower than the Packaging & Containers industry average of 6.64%.
Last year, TRS revenue was $906.52M. In the last 5 year, TRS's revenue has grown by 8.9% per year. This was faster than the Packaging & Containers industry average of 3.03%.
Find out more about TRS's earnings and revenue performance here.
Latest Insiders Trades at TRS
Over the past 12 months, insiders at TRS have bought more shares than they have sold.
Scott A. Mell, Chief Financial Officer of TRS, was the latest TRS insider to sell. They sold $51,880.00 worth of TRS stock on Nov 19, 2024.
Dig into more about who owns TRS stock here.
Does TRS stock generate passive income?
Trimas pays a dividend of 0.68%, compared to the Packaging & Containers industry's average dividend yield of 2.62%. If you owned $1,000 worth of TRS stock, you would have been paid $6.80 in the past year.
Get more data about Trimas dividend yield and history here.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your TRS buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open button and your broker will place your order.
If you want more help investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your TRS position
Now that you own some TRS stock, you'll want to keep up with your new investment.
Start a watchlist to monitor your TRS stock.
TRS Feed
How to Buy Stock in Trimas
To summarize, here are the 6 steps to buy stock in Trimas:
- Figure out where to buy Trimas stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Trimas stock
- Place your TRS buy order
- Get the latest news on your TRS position
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Trimas, click the button below.
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