TriMas Corporation: Handle With Care

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TRIMAS ($NASDAQ:TRS): TriMas Corporation is a publicly traded company on the Nasdaq Stock Market under the ticker symbol TRS. TriMas is a diversified industrial company that provides engineered and manufactured products to customers in the aerospace, defense, oil & gas, and commercial construction markets. The company’s products include aircraft fasteners and hardware, engine and airframe structural components, fuel system components, and specialty chemicals.

TriMas Corporation is a diversified industrial company with a long history of paying dividends to shareholders. The company’s products include aircraft fasteners and hardware, engine and airframe structural components, fuel system components, and specialty chemicals.

Price History

TriMas Corporation is a publicly traded company with a current market capitalization of over $1 billion. The company’s stock is currently trading at around $26 per share. Investors appear to be mostly bullish on the company right now, as media sentiment is mostly positive. On Tuesday, the stock opened at $26.0 and closed at $26.4, up by 0.9% from its last closing price of $26.2. Some investors may be cautious about investing in the company due to its large debt load.

However, the company has been working to reduce its debt in recent years and is on track to continue doing so. Overall, TriMas Corporation appears to be a handle with care investment. The company has a lot of debt, but it is working to reduce it. Media sentiment is mostly positive, but there are some concerns that could scare off some investors.

VI Analysis

TRIMAS CORP‘s fundamentals reflect its long term potential. The company’s financial statements show that it is in a strong position to weather any potential storms in the market.

However, the company’s business model may not be sustainable in the long term. The company’s balance sheet shows that it has 1 risk warning. Register with us to check it out.

VI Peers

The company competes with other companies in the same industry, such as Altra Industrial Motion Corp, Cummins Inc, and EnPro Industries Inc.

– Altra Industrial Motion Corp ($NASDAQ:AIMC)

Altra Industrial Motion Corp is a global designer, producer and marketer of a range of mechanical power transmission products. The company’s products are used in a variety of industries, including food and beverage, material handling, packaging, automotive, aerospace, construction, mining, oil and gas, and others. Altra Industrial Motion Corp has a market cap of 2.43B as of 2022 and a Return on Equity of 3.09%. The company’s products are used in a variety of industries, including food and beverage, material handling, packaging, automotive, aerospace, construction, mining, oil and gas, and others. Altra Industrial Motion Corp is headquartered in Braintree, Massachusetts, and has manufacturing facilities in the United States, Europe, Asia, and South America.

– Cummins Inc ($NYSE:CMI)

Cummins Inc is a company that manufactures engines and other power generation products. As of 2022, the company has a market capitalization of 31.69 billion dollars and a return on equity of 19.85%. The company has a long history dating back to 1919, and it is headquartered in Columbus, Indiana, in the United States. Cummins is a global leader in the design, manufacture, and distribution of engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions, and electrical power generation systems. The company operates in more than 190 countries and territories through a network of approximately 600 company-owned and independent distributors and 6,500 dealers.

– EnPro Industries Inc ($NYSE:NPO)

EnPro Industries Inc is a diversified industrial company with a focus on engineered products and industrial services. The company’s market cap as of 2022 is 2.01B, and its ROE is 11.96%. EnPro operates in three segments: sealing products, industrial products, and services. Sealing products includes gaskets, seals, and packing products for a variety of applications in the automotive, aerospace, and other industries. Industrial products includes bearings, power transmission products, and other products for the industrial and transportation markets. Services includes repair and replacement services for bearings, seals, and other products, as well as technical services.

Summary

TriMas Corporation is an American diversified manufacturer of engineered and applied products with industrial, commercial, and consumer end-markets. The company’s products include packaging, aerospace and defense, and engineered components. The company is headquartered in Bloomfield Hills, Michigan. The company’s products are used in a variety of industries, including aerospace, automotive, packaging, and construction. The company has a diversified customer base, which reduces its dependence on any one customer or industry.

The company’s products are used in a variety of industries, including aerospace, automotive, packaging, and construction. The company has a diversified customer base, which reduces its dependence on any one customer or industry. TriMas Corporation is a diversified manufacturer of engineered and applied products with industrial, commercial, and consumer end-markets. The company’s products include packaging, aerospace and defense, and engineered components.