William Blair Has Optimistic Outlook of Trex Q2 Earnings

Trex Company, Inc. (NYSE:TREX - Free Report) - Analysts at William Blair increased their Q2 2025 EPS estimates for shares of Trex in a report issued on Wednesday, November 13th. William Blair analyst R. Merkel now anticipates that the construction company will post earnings of $0.79 per share for the quarter, up from their previous estimate of $0.77. The consensus estimate for Trex's current full-year earnings is $2.05 per share. William Blair also issued estimates for Trex's Q3 2025 earnings at $0.58 EPS, FY2025 earnings at $2.27 EPS and FY2026 earnings at $2.74 EPS.

Several other research analysts have also recently commented on the stock. Jefferies Financial Group lowered their target price on shares of Trex from $77.00 to $73.00 and set a "hold" rating on the stock in a report on Wednesday, October 9th. Loop Capital downgraded Trex from a "buy" rating to a "hold" rating and cut their target price for the company from $95.00 to $75.00 in a research report on Wednesday, August 7th. B. Riley decreased their price target on Trex from $107.00 to $97.00 and set a "buy" rating on the stock in a research report on Wednesday, August 7th. Robert W. Baird upped their price objective on shares of Trex from $70.00 to $78.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 29th. Finally, Stephens lowered shares of Trex from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $115.00 to $72.00 in a report on Wednesday, August 7th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $79.94.

Trex Stock Performance

Shares of TREX stock traded down $2.17 on Friday, hitting $68.61. The company's stock had a trading volume of 505,226 shares, compared to its average volume of 1,019,687. Trex has a fifty-two week low of $58.68 and a fifty-two week high of $101.91. The stock's 50 day moving average is $67.26 and its 200-day moving average is $74.33. The company has a market capitalization of $7.35 billion, a PE ratio of 32.34, a PEG ratio of 3.30 and a beta of 1.49.

Trex (NYSE:TREX - Get Free Report) last posted its earnings results on Monday, October 28th. The construction company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.32 by $0.05. The company had revenue of $233.72 million for the quarter, compared to the consensus estimate of $225.42 million. Trex had a return on equity of 28.89% and a net margin of 20.23%. The firm's revenue for the quarter was down 23.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.57 earnings per share.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TREX. Covestor Ltd lifted its stake in shares of Trex by 11.3% in the 1st quarter. Covestor Ltd now owns 1,213 shares of the construction company's stock valued at $121,000 after purchasing an additional 123 shares during the period. Harrington Investments INC grew its position in shares of Trex by 1.4% during the 2nd quarter. Harrington Investments INC now owns 9,807 shares of the construction company's stock worth $727,000 after buying an additional 140 shares during the period. Avantax Advisory Services Inc. boosted its stake in Trex by 4.6% during the first quarter. Avantax Advisory Services Inc. now owns 3,950 shares of the construction company's stock worth $394,000 after acquiring an additional 173 shares in the last quarter. First Citizens Bank & Trust Co. grew its holdings in Trex by 2.6% in the second quarter. First Citizens Bank & Trust Co. now owns 7,055 shares of the construction company's stock worth $523,000 after purchasing an additional 176 shares during the period. Finally, First Horizon Advisors Inc. increased its stake in Trex by 8.8% in the third quarter. First Horizon Advisors Inc. now owns 2,282 shares of the construction company's stock valued at $152,000 after purchasing an additional 184 shares in the last quarter. 95.96% of the stock is owned by institutional investors and hedge funds.

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.