DA Davidson Predicts Trex's Q1 Earnings (NYSE:TREX)

Trex Company, Inc. (NYSE:TREX - Free Report) - Investment analysts at DA Davidson issued their Q1 2025 earnings estimates for Trex in a research note issued to investors on Tuesday, February 25th. DA Davidson analyst K. Yinger expects that the construction company will post earnings per share of $0.54 for the quarter. DA Davidson has a "Neutral" rating and a $74.00 price target on the stock. The consensus estimate for Trex's current full-year earnings is $2.04 per share. DA Davidson also issued estimates for Trex's FY2026 earnings at $2.52 EPS.

Trex (NYSE:TREX - Get Free Report) last issued its earnings results on Monday, February 24th. The construction company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.05. The firm had revenue of $167.63 million during the quarter, compared to analysts' expectations of $160.54 million. Trex had a net margin of 20.23% and a return on equity of 28.89%.

A number of other equities analysts have also commented on TREX. Jefferies Financial Group decreased their price objective on shares of Trex from $81.00 to $71.00 and set a "hold" rating for the company in a research note on Tuesday. StockNews.com upgraded shares of Trex from a "sell" rating to a "hold" rating in a research report on Tuesday. Bank of America cut their target price on shares of Trex from $85.00 to $79.00 and set a "buy" rating for the company in a research report on Tuesday. UBS Group cut their target price on shares of Trex from $76.00 to $74.00 and set a "neutral" rating for the company in a research report on Tuesday. Finally, Truist Financial cut their target price on shares of Trex from $100.00 to $90.00 and set a "buy" rating for the company in a research report on Tuesday. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $78.38.

Trex Stock Up 2.3 %

NYSE:TREX traded up $1.38 during trading hours on Wednesday, reaching $61.71. 1,719,540 shares of the company's stock were exchanged, compared to its average volume of 1,357,345. The business's 50-day simple moving average is $68.96 and its two-hundred day simple moving average is $68.65. Trex has a 12 month low of $58.68 and a 12 month high of $100.77. The company has a market capitalization of $6.61 billion, a P/E ratio of 28.18, a price-to-earnings-growth ratio of 2.51 and a beta of 1.51.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TREX. Blue Trust Inc. raised its holdings in Trex by 134.6% in the 3rd quarter. Blue Trust Inc. now owns 1,769 shares of the construction company's stock worth $118,000 after acquiring an additional 1,015 shares during the period. International Assets Investment Management LLC grew its position in Trex by 7,363.6% in the 3rd quarter. International Assets Investment Management LLC now owns 2,463 shares of the construction company's stock worth $164,000 after purchasing an additional 2,430 shares during the last quarter. Ballentine Partners LLC grew its position in Trex by 15.5% in the 3rd quarter. Ballentine Partners LLC now owns 3,139 shares of the construction company's stock worth $209,000 after purchasing an additional 422 shares during the last quarter. State of Alaska Department of Revenue grew its position in Trex by 7.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 12,636 shares of the construction company's stock worth $841,000 after purchasing an additional 855 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its position in Trex by 69.4% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 5,274 shares of the construction company's stock worth $351,000 after purchasing an additional 2,161 shares during the last quarter. Institutional investors own 95.96% of the company's stock.

Insider Buying and Selling

In related news, Director Melkeya Mcduffie sold 1,420 shares of Trex stock in a transaction on Friday, February 28th. The shares were sold at an average price of $61.88, for a total value of $87,869.60. Following the transaction, the director now owns 1,705 shares in the company, valued at $105,505.40. This trade represents a 45.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.71% of the company's stock.

About Trex

Trex Company, Inc manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps.