Company profile

Ticker
TRS
Exchange
CEO
Thomas A. Amato
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
382687639

TRS stock data

(
)

Calendar

30 Jul 20
25 Oct 20
31 Dec 20

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from TriMas earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Oct 20 Greene Jeffrey M Common Stock Grant Aquire A No 23.05 451 10.4K 11,108
27 Aug 20 Robert J Zalupski Common Stock Sell Dispose S No 25.87 10,000 258.7K 83,511
1 Jul 20 Greene Jeffrey M Common Stock Grant Aquire A No 23.43 561 13.14K 10,657
14 May 20 Boehne Holly M Common Stock Buy Aquire P No 19.31 2,582 49.86K 6,952
13 May 20 Paul Swart Common Stock Grant Aquire A No 19.39 1,500 29.09K 27,042
91.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 135 129 +4.7%
Opened positions 22 11 +100.0%
Closed positions 16 27 -40.7%
Increased positions 35 45 -22.2%
Reduced positions 55 53 +3.8%
13F shares
Current Prev Q Change
Total value 1.88B 2.21B -14.8%
Total shares 41.68M 41.92M -0.6%
Total puts 36.1K 12.2K +195.9%
Total calls 7.4K 7.4K
Total put/call ratio 4.9 1.6 +195.9%
Largest owners
Shares Value Change
Vanguard 3.94M $94.34M -5.3%
Wellington Management 3.91M $93.66M +11.1%
Fiduciary Management 3.31M $79.37M -5.5%
BLK BlackRock 3.11M $74.42M -3.6%
Dimensional Fund Advisors 2.55M $61.17M +0.8%
Champlain Investment Partners 2.14M $51.22M +2.1%
Victory Capital Management 2.01M $48.24M +0.5%
WFC Wells Fargo & Company 1.8M $43.07M +48.9%
Massachusetts Financial Services 1.7M $40.66M +14.6%
GS Goldman Sachs 1.48M $35.44M -2.1%
Largest transactions
Shares Bought/sold Change
Advisory Research 518.9K -1.03M -66.5%
WFC Wells Fargo & Company 1.8M +590.6K +48.9%
River Road Asset Management 685.2K +426.19K +164.5%
Wellington Management 3.91M +389.25K +11.1%
Natixis Advisors 0 -360.13K EXIT
Vanguard 3.94M -220.36K -5.3%
Massachusetts Financial Services 1.7M +216.68K +14.6%
Van Den Berg Management I 97.75K -216.47K -68.9%
Fiduciary Management 3.31M -193.61K -5.5%
Arrowstreet Capital, Limited Partnership 195.53K +167.46K +596.5%

Financial report summary

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Competition
BoeingGreifSilganMonogram
Risks
  • Our businesses depend upon general economic conditions and we serve some customers in highly cyclical industries; as such, we may be subject to the loss of sales and margins due to an economic downturn or recession.
  • Many of the markets we serve are highly competitive, which could limit sales volumes and reduce our operating margins.
  • We may be unable to successfully implement our business strategies and achieve our strategic and financial objectives.
  • We are dependent on our manufacturing facilities for the production of our highly engineered products, which subjects us to risks associated with disruptions and changing technology and manufacturing techniques that could place us at a competitive disadvantage.
  • Significant developments from the recent and potential changes in U.S. trade policies could have a material adverse effect on us and our financial condition and results of operations.
  • Increases in our raw material or energy costs or the loss of critical suppliers could adversely affect our profitability and other financial results.
  • A major failure of our information systems could harm our business; increased IT security threats and more sophisticated and targeted computer crime could pose a risk to our systems, networks, and products.
  • Our ability to deliver products that satisfy customer requirements is dependent on the performance of our subcontractors and suppliers, as well as on the availability of raw materials and other components.
  • We have significant goodwill and intangible assets, and future impairment of our goodwill and intangible assets could have a material negative impact on our financial results.
  • Compliance with and changes in tax laws, including tax reform legislation in the United States, could materially and adversely impact our financial condition, results of operations and cash flows.
  • We have debt principal and interest payment requirements that may restrict our future operations and impair our ability to meet our obligations.
  • Restrictions in our debt instruments limit our ability to take certain actions and breaches thereof could impair our liquidity.
  • We may face liability associated with the use of products for which patent ownership or other intellectual property rights are claimed.
  • We may be unable to adequately protect our intellectual property.
  • We may incur material losses and costs as a result of product liability, recall and warranty claims brought against us.
  • Our business may be materially and adversely affected by compliance obligations and liabilities under environmental laws and regulations.
  • Our borrowing costs may be impacted by our credit ratings developed by various rating agencies.
  • We have significant operating lease obligations and our failure to meet those obligations could adversely affect our financial condition.
  • Trends in oil and natural gas prices may affect the demand for, and profitability of, our energy-related products and services, which could have an adverse effect on our business, consolidated results of operations, and consolidated financial condition.
  • We may be subject to further unionization and work stoppages at our facilities or our customers may be subject to work stoppages, which could seriously impact the profitability of our business.
  • Healthcare costs for active employees may exceed projections and may negatively affect our financial results.
  • A growing portion of our sales may be derived from international sources, which exposes us to certain risks which may adversely affect our financial results and impact our ability to service debt.
  • We depend on the services of key individuals and relationships, the loss of which could materially harm us.
  • Economic conditions and regulatory changes following the United Kingdom's exit from the European Union could have a material adverse effect on our business and results of operations.
  • Our reputation, ability to do business, and results of operations may be impaired by legal compliance risks.
  • If the Cequent spin-off does not qualify as a tax-free transaction, the Company and its shareholders could be subject to substantial tax liabilities.
Management Discussion
  • Overall, net sales increased approximately $18.5 million, or approximately 2.6%, to $723.5 million in 2019, as compared to $705.0 million in 2018. The acquisitions of Taplast, in April 2019, and Plastic Srl, in January 2019, contributed approximately $35.3 million of sales in our Packaging segment. Organic sales overall, excluding the impact of currency exchange, decreased by approximately $11.0 million compared to 2018. We experienced approximately $12.2 million higher sales to the Packaging segment's health, beauty and home care end markets and $8.4 million higher sales within our Aerospace segment, both due to solid demand levels primarily in North America. These increases were more than offset by an approximate $19.8 million decline in sales of industrial-related products in our Specialty Products and Packaging segments, primarily as a result of end market conditions in North America, as well as approximately $11.8 million lower sales of products for food and beverage applications. Additionally, net sales were lower by approximately $5.8 million due to unfavorable currency exchange, as our reported results in U.S. dollars were negatively impacted as a result of the stronger U.S. dollar relative to foreign currencies.
Content analysis ?
Positive
Negative
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Constraining
Legalese
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Readability
H.S. senior Avg
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