NEW YORK (TheStreet) -- Analysts at Keybanc cut their earnings estimates on TriMas Corp. (TRS) to $1.87 per share from $2.20 per share for the 2014 full year, and to $2.40 per share from $2.65 for the 2015 full year.
The firm said it lowered its EPS estimates on the manufacturer and distributor of products for commercial, industrial, and consumer markets after the company reduced its 2014 full year earnings guidance.
TriMas is now expecting earnings per diluted share between $1.85 and $1.95 for fiscal 2014, compared to its previous guidance of $2.15 to $2.25 per diluted share.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Keybanc decreased its price target on TriMas to $36 from $42.
Separately, TheStreet Ratings team rates TRIMAS CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate TRIMAS CORP (TRS) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."
Highlights from the analysis by TheStreet Ratings Team goes as follows: