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NYSE:TREX

Trex (TREX) Stock Price, News & Analysis

Trex logo
$70.21 -0.73 (-1.03%)
(As of 12/20/2024 05:16 PM ET)

About Trex Stock (NYSE:TREX)

Key Stats

Today's Range
$70.14
$72.41
50-Day Range
$62.86
$79.90
52-Week Range
$58.68
$101.91
Volume
4.25 million shs
Average Volume
1.06 million shs
Market Capitalization
$7.52 billion
P/E Ratio
32.06
Dividend Yield
N/A
Price Target
$79.94
Consensus Rating
Hold

Company Overview

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. The company also provides Trex Transcend Railing products that are used in Trex decking products and other decking materials; Trex Select Railing products for a simple clean finished look; Trex Enhance Railing system; Trex Signature aluminum railing for a contemporary look; and Trex Select T-Rail railing products. In addition, it offers Trex Seclusions, a fencing product that includes structural posts, bottom and top rails, pickets, and decorative post caps. Further, the company acts as a licensor in various licensing agreements with third parties to manufacture and sell products under the Trex name, including Trex Outdoor Furniture; Trex RainEscape, an above joist deck drainage system; Trex Pergola, a cellular PVC product; Trex Latticeworks outdoor lattice boards; Trex Cornhole boards; Diablo Trex Blade, a saw blade for wood-alternative composite decking; Trex SpiralStairs and structural steel posts; and Trex Outdoor Kitchens, cabinetry, and Storage products. It sells its products through wholesale distributors, retail lumber dealers, and Home Depot and Lowe's stores. Trex Company, Inc. was founded in 1996 and is headquartered in Winchester, Virginia.

Trex Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
73rd Percentile Overall Score

TREX MarketRank™: 

Trex scored higher than 73% of companies evaluated by MarketBeat, and ranked 64th out of 99 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Trex has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 6 buy ratings, 9 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Trex has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Trex's stock forecast and price target.
  • Earnings Growth

    Earnings for Trex are expected to grow by 7.32% in the coming year, from $2.05 to $2.20 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Trex is 32.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Trex is 32.06, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 27.66.

  • Price to Earnings Growth Ratio

    Trex has a PEG Ratio of 3.50. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Trex has a P/B Ratio of 10.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.56% of the float of Trex has been sold short.
  • Short Interest Ratio / Days to Cover

    Trex has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Trex has recently increased by 3.41%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Trex does not currently pay a dividend.

  • Dividend Growth

    Trex does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.56% of the float of Trex has been sold short.
  • Short Interest Ratio / Days to Cover

    Trex has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Trex has recently increased by 3.41%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Trex has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Trex this week, compared to 9 articles on an average week.
  • Search Interest

    3 people have searched for TREX on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Trex to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Trex insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,433.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.71% of the stock of Trex is held by insiders.

  • Percentage Held by Institutions

    95.96% of the stock of Trex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Trex's insider trading history.
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TREX Stock News Headlines

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Trex teams with Weyerhaeuser to expand distribution across U.S. Southwest
Trex Company management to meet with Truist
Three Reasons to Avoid TREX and One Stock to Buy Instead
See More Headlines

TREX Stock Analysis - Frequently Asked Questions

Trex's stock was trading at $82.79 at the beginning of 2024. Since then, TREX shares have decreased by 15.2% and is now trading at $70.21.
View the best growth stocks for 2024 here
.

Trex Company, Inc. (NYSE:TREX) posted its earnings results on Monday, October, 28th. The construction company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.05. The firm's revenue for the quarter was down 23.1% on a year-over-year basis.

Shares of Trex split on Monday, September 14th 2020. The 2-1 split was announced on Monday, August 3rd 2020. The newly issued shares were payable to shareholders after the market closes on Friday, September 11th 2020. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Top institutional shareholders of Trex include Wasatch Advisors LP (3.80%), State Street Corp (2.97%), Bamco Inc. NY (1.89%) and Conestoga Capital Advisors LLC (1.79%).
View institutional ownership trends
.

Shares of TREX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Trex investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), PayPal (PYPL), Invesco QQQ (QQQ) and Netflix (NFLX).

Company Calendar

Last Earnings
10/28/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Lumber & wood products, except furniture
Sub-Industry
Building Products
CUSIP
89531P10
Employees
1,765
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$79.94
High Stock Price Target
$100.00
Low Stock Price Target
$67.00
Potential Upside/Downside
+13.9%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
16 Analysts

Profitability

Net Income
$205.38 million
Pretax Margin
27.20%

Debt

Sales & Book Value

Annual Sales
$1.18 billion
Cash Flow
$2.12 per share
Book Value
$6.60 per share

Miscellaneous

Free Float
106,383,000
Market Cap
$7.52 billion
Optionable
Optionable
Beta
1.49

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This page (NYSE:TREX) was last updated on 12/21/2024 by MarketBeat.com Staff
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