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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 $27.10, up 0.97% from the previous day, and has increased 4.11% in one year. It has underperformed other stocks in the Packaging & Containers industry by 0.16 percentage points. Trimas stock is currently +19.96% from its 52-week low of $22.59, and -6.78% from its 52-week high of $29.07.

There are currently 40.73M shares of TRS outstanding. The market capitalization of TRS is $1.10B. In the last 24 hours, 148,050 TRS shares were traded.

How to Buy Trimas Stock

Wondering how to invest in Trimas stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$27.10
1w %
-2.02%
1y %
4.11%
5y %
-7.22%
P/E
27.37x
P/B
1.64x
P/S
1.23x
PEG
N/A
Revenue
$905.19M
Earnings
$40.59M
Fore. Rev. Growth
11.81%
Fore. Earn. Growth
N/A
Market Cap
$1.10B
Next Earnings
Jul 25, 2024
Next Dividend
N/A

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 27.37x, relative to Packaging & Containers industry P/E ratio of 26.79x
  • TRS may be undervalued based on its P/B ratio of 1.64x, relative to Packaging & Containers industry P/B ratio of 2.78x

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 6.5% to 4.5% in the past year.
  • TRS's operating cash flow of $74.78M allows it to safely service it's debt of $470.91M.
  • TRS has a relatively high debt to equity ratio of 1.03.
  • TRS earnings of $68.71M is not sufficient to cover its interest payments.
  • Total TRS debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy Trimas stock, according to Wall Street analysts?

Out of 1 sell side analysts who give recommendations on TRS, the consensus analyst rating on Trimas is a Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Trimas stock forecast page.

TRS Momentum

SMA10
27.33
SMA20
26.84
SMA50
26.28
SMA100
25.53
SMA200
25.21
MACD
0.34
MACD Signal
0.37
MACD Histogram
-0.02
RSI
55.28
Stochastic %K
60.56
Stochastic %D
67.02
StochRSI %K
23.86
StochRSI %D
38.67

TRS Growth Metrics

Last year, TRS earnings were $40.59M. In the past five year, TRS's earnings have increased by -10.35% per year. This was slower than the Packaging & Containers industry average of 8.75%.

Last year, TRS revenue was $905.19M. In the past five year, TRS's revenue has grown by 6.48% per year. This was faster than the Packaging & Containers industry average of 4.88%.

Learn more about TRS's earnings and revenue performance here.

Latest Insiders Trades at TRS

Over the last 12 months, insiders at TRS have sold more shares than they have bought.

Scott A. Mell, Chief Financial Officer of TRS, was the latest TRS insider to sell. They sold $40,942.50 worth of TRS stock on May 21, 2024.

Learn more about who owns TRS stock here.

Does TRS stock generate passive income?

Trimas pays a dividend of 0.59%, compared to the Packaging & Containers industry's average dividend yield of 2.06%. If you owned $1,000 worth of TRS stock, you would have been paid $5.90 in the past 12 months.

Find more info about Trimas dividend yield and history here.

What others are saying about TRS

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your TRS buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price limit, use a limit order.

Press the Open button and eToro will execute the order.

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Step 6: Get the latest news on your TRS position

Now that you own some TRS shares, you'll want to keep up with your investment.

Create a watchlist to track the latest developments regarding your TRS stock.

TRS Feed

How to Buy Stock in Trimas

To reiterate, here are the 6 steps to buy Trimas stock:

  1. Figure out where to buy Trimas stock
  2. Open a brokerage account
  3. Put funds into your investment account
  4. Evaluate Trimas stock
  5. Place your TRS buy order
  6. Get the latest news on your TRS position

If you require a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your investment in Trimas, get started below.

NASDAQ: TRS
$27.10+0.26 (+0.97%)
Updated May 24, 2024
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NASDAQ: TRS
$27.10+0.26 (+0.97%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Trimas share?

As of May 24, 2024, it costs $27.10 to buy one share of Trimas stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.369 shares of TRS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Trimas stock?

According to 1 Wall Street analysts who monitor Trimas, their consensus recommendation is to buy Trimas stock.

What is the best way to buy Trimas stock?

One way to place an order for Trimas stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.