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 $26.48, up 2.12% from the previous day, and has increased 4.66% in one year. It has underperformed other stocks in the Packaging & Containers industry by 0.1 percentage points. Trimas stock is currently +17.22% from its 52-week low of $22.59, and -8.91% from its 52-week high of $29.07.
There are currently 41.03M shares of TRS outstanding. The market capitalization of TRS is $1.09B. In the last 24 hours, 400,668 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.
Our recommended brokerage: eToro
We believe that eToro is the best stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Tech to Real Estate, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro today.
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 27.3x, relative to Packaging & Containers industry P/E ratio of 21.79x
- TRS may be undervalued based on its P/B ratio of 1.59x, relative to Packaging & Containers industry P/B ratio of 2.81x
You can do more valuation research on TRS's stock here.
TRS Financial Summary
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:
- There are more long-term liabilities than short-term assets on the TRS balance sheet.
- TRS profit margin has gone down from 7.5% to 4.5% in the past year.
- TRS's operating cash flow of $88.16M allows it to safely service it's debt of $443.25M.
- TRS has a relatively high debt to equity ratio of 0.97.
- TRS earnings of $66.51M is not sufficient to cover its interest payments.
- Total TRS debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are forecasting on the Trimas stock forecast page.
Metrics for Advanced TRS Traders
How is TRS performing as a company?
Last year, TRS earnings were $40.36M. During the past 5 year, TRS's earnings have gone up by -11.83% per year. This was slower than the Packaging & Containers industry average of 4.1%.
Last year, TRS revenue was $893.55M. During the last 5 year, TRS's revenue has grown by 4.85% per year. This was faster than the Packaging & Containers industry average of 4.83%.
Dive into TRS's earnings and revenue performance here.
Are TRS executives and large shareholders buying or selling the stock?
In the last year, insiders at TRS have sold more shares than they have bought.
Teresa Finley, Director of TRS, was the latest TRS insider to buy. They bought $28,748.08 worth of TRS stock on Apr 9, 2024.
Dig into more about who owns TRS stock here.
Can I rely on TRS as an income stream?
Trimas pays a dividend of 0.6%, compared to the Packaging & Containers industry's average dividend yield of 2.17%. If you owned $1,000 of TRS stock, you would have been paid $6.04 last year.
Get more data about Trimas dividend yield and history here.
Get opinions from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your TRS buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open button and your broker will place your order.
If you require additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your TRS position
Now that you own some TRS stock, you'll want to stay up-to-date on your investment.
Put TRS on a watchlist to get the latest updates about your TRS stock.
TRS Feed
How to Buy Stock in Trimas
To summarize, here are the 6 steps for buying Trimas stock:
- 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 require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Trimas, create your watchlist below.
Other "How To" Guides You May Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.