Roth Capital Downgrades TriMas Corp. (TRS) to Neutral
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August 5, 2015 9:07 AM EDT
Global Hunter Securities downgraded TriMas Corp. (NASDAQ: TRS) from Spec Buy to Accumulate with a price target of $22.00 (from $30.00).
For an analyst ratings summary and ratings history on TriMas Corp. click here. For more ratings news on TriMas Corp. click here.
Shares of TriMas Corp. closed at $18.60 yesterday.
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August 5, 2015 7:16 AM EDT
JPMorgan downgraded TriMas Corp. (NASDAQ: TRS) from Overweight to Neutral with a price target of $18.00 (from $23.00).
For an analyst ratings summary and ratings history on TriMas Corp. click here. For more ratings news on TriMas Corp. click here.
Shares of TriMas Corp. closed at $18.60 yesterday.
...
More
August 4, 2015 8:03 AM EDT
TriMas Corp. (NASDAQ: TRS) reported Q2 EPS of $0.30, $0.01 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $224.9 million versus the consensus estimate of $231.55 million.
TriMas Corp. sees FY2015 EPS of $1.15-$1.25, may not compare to the consensus of $1.43.
"We are pleased to have completed the spin-off of the Cequent businesses - on time and within budget - into Horizon Global during the second quarter," said David Wathen, TriMas President and Chief Executive Officer. "This event represents a major milestone for our company, simplifying and improving the margin... More
