TriMas (TRS) Analysts See $0.37 EPS; Technical Communications (TCCO) Sellers Increased By 32.56% Their Shorts

April 16, 2018 - By Lawrence Diaz

Technical Communications Corporation (NASDAQ:TCCO) Logo

Technical Communications Corporation (NASDAQ:TCCO) had an increase of 32.56% in short interest. TCCO’s SI was 62,700 shares in April as released by FINRA. Its up 32.56% from 47,300 shares previously. With 72,900 avg volume, 1 days are for Technical Communications Corporation (NASDAQ:TCCO)’s short sellers to cover TCCO’s short positions. The SI to Technical Communications Corporation’s float is 4.32%. The stock increased 3.03% or $0.15 during the last trading session, reaching $5.1. About 20,328 shares traded. Technical Communications Corporation (NASDAQ:TCCO) has risen 123.40% since April 16, 2017 and is uptrending. It has outperformed by 111.85% the S&P500.

Analysts expect TriMas Corporation (NASDAQ:TRS) to report $0.37 EPS on April, 26.They anticipate $0.07 EPS change or 23.33% from last quarter’s $0.3 EPS. TRS’s profit would be $17.00M giving it 18.31 P/E if the $0.37 EPS is correct. After having $0.31 EPS previously, TriMas Corporation’s analysts see 19.35% EPS growth. The stock decreased 0.91% or $0.25 during the last trading session, reaching $27.1. About 100,384 shares traded. TriMas Corporation (NASDAQ:TRS) has risen 20.81% since April 16, 2017 and is uptrending. It has outperformed by 9.26% the S&P500.

Technical Communications Corporation designs, develops, makes, distributes, markets, and sells communications security devices, systems, and services worldwide. The company has market cap of $9.43 million. The firm primarily provides voice, data, and facsimile encryptors. It currently has negative earnings. The Company’s products include government systems, such as DSD 72A-SP military bulk encryptor, CSD 3324 SE telephone/fax encryptor, and the DSP 9000 radio encryptor, as well as the HSE 6000 squad radio headset and telephone encryptor for public safety special activities land mobile radio applications and for military applications.

Investors sentiment increased to 2 in Q4 2017. Its up 0.50, from 1.5 in 2017Q3. It is positive, as 1 investors sold Technical Communications Corporation shares while 1 reduced holdings. 3 funds opened positions while 1 raised stakes. 58,253 shares or 36.24% more from 42,758 shares in 2017Q3 were reported. Fny Managed Accounts Ltd Llc holds 0% or 80 shares. California Pub Employees Retirement has invested 0% in Technical Communications Corporation (NASDAQ:TCCO). Ontario – Canada-based Royal State Bank Of Canada has invested 0% in Technical Communications Corporation (NASDAQ:TCCO). Citigroup Inc accumulated 1,000 shares. Blackrock Incorporated invested in 0% or 75 shares. Renaissance Ltd holds 0% of its portfolio in Technical Communications Corporation (NASDAQ:TCCO) for 18,200 shares. Morgan Stanley holds 0% in Technical Communications Corporation (NASDAQ:TCCO) or 375 shares. Virtu Llc has 0.02% invested in Technical Communications Corporation (NASDAQ:TCCO).

Among 9 analysts covering Trimas (NASDAQ:TRS), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Trimas had 22 analyst reports since August 5, 2015 according to SRatingsIntel. JP Morgan downgraded TriMas Corporation (NASDAQ:TRS) on Friday, January 13 to “Neutral” rating. The rating was downgraded by JP Morgan on Wednesday, August 5 to “Neutral”. The rating was maintained by Roth Capital on Sunday, July 30 with “Hold”. The firm has “Overweight” rating by JP Morgan given on Tuesday, September 27. The stock of TriMas Corporation (NASDAQ:TRS) earned “Overweight” rating by JP Morgan on Wednesday, August 9. JP Morgan maintained the stock with “Overweight” rating in Tuesday, March 6 report. On Friday, September 15 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The rating was downgraded by Seaport Global to “Hold” on Friday, September 15. Jefferies maintained the stock with “Hold” rating in Thursday, June 15 report. J.P. Morgan upgraded TriMas Corporation (NASDAQ:TRS) rating on Wednesday, August 9. J.P. Morgan has “Buy” rating and $2700 target.

TriMas Corporation designs, manufactures, and distributes engineered products for commercial, industrial, and consumer markets worldwide. The company has market cap of $1.25 billion. It operates through four divisions: Packaging, Aerospace, Energy, and Engineered Components. It has a 40.45 P/E ratio. The Packaging segment offers steel and plastic closure caps, drum enclosures, and specialty plastic closures, as well as dispensing systems, such as foamers, pumps, and specialty sprayers under the Rieke, Arminak & Associates, Englass, Innovative Molding, and Stolz brands to store, transport, process, and dispense various products for industrial, food and beverage, health, beauty, and home markets.

Investors sentiment decreased to 0.92 in Q4 2017. Its down 0.28, from 1.2 in 2017Q3. It fall, as 10 investors sold TriMas Corporation shares while 51 reduced holdings. 17 funds opened positions while 39 raised stakes. 44.24 million shares or 0.12% more from 44.19 million shares in 2017Q3 were reported. Employees Retirement System Of Ohio reported 3,470 shares. State Street owns 0% invested in TriMas Corporation (NASDAQ:TRS) for 1.18M shares. Federated Pa has 1,941 shares. The Minnesota-based Thrivent Financial For Lutherans has invested 0.04% in TriMas Corporation (NASDAQ:TRS). Parallax Volatility Advisers L P, a California-based fund reported 6,972 shares. Prudential accumulated 142,424 shares or 0.01% of the stock. 2.52 million were accumulated by Dimensional Fund Advsrs L P. Fiduciary Wi holds 0.48% of its portfolio in TriMas Corporation (NASDAQ:TRS) for 2.92 million shares. Cranbrook Wealth Management Ltd Liability Corp has invested 0% in TriMas Corporation (NASDAQ:TRS). Sei holds 0% of its portfolio in TriMas Corporation (NASDAQ:TRS) for 13,546 shares. State Common Retirement Fund holds 70,567 shares. Franklin Res reported 530,918 shares stake. Voya Inv Limited Liability Company holds 20,657 shares or 0% of its portfolio. 353,264 were reported by Heartland Advisors. Weber Alan W holds 22,277 shares or 0.26% of its portfolio.

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