Should I buy or sell Trex stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trex in the last year. There are currently 2 sell ratings, 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TREX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TREX, but not buy additional shares or sell existing shares. View TREX analyst ratings or view top-rated stocks .

What is Trex's stock price target for 2024?

18 equities research analysts have issued 12-month target prices for Trex's stock. Their TREX share price targets range from $58.00 to $120.00. On average, they expect the company's share price to reach $88.72 in the next year. This suggests a possible upside of 0.9% from the stock's current price. View analysts price targets for TREX or view top-rated stocks among Wall Street analysts .

How have TREX shares performed in 2024?

Trex's stock was trading at $82.79 on January 1st, 2024. Since then, TREX shares have increased by 6.2% and is now trading at $87.96. View the best growth stocks for 2024 here .

When is Trex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our TREX earnings forecast .

How were Trex's earnings last quarter?

Trex Company, Inc. (NYSE:TREX) announced its quarterly earnings data on Monday, February, 26th. The construction company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The construction company had revenue of $195.75 million for the quarter, compared to analyst estimates of $193.40 million. Trex had a net margin of 18.76% and a trailing twelve-month return on equity of 31.26%. Trex's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 EPS.

What ETFs hold Trex's stock?

ETFs with the largest weight of Trex (NYSE:TREX) stock in their portfolio include SPDR S&P Homebuilders ETF (XHB) , Motley Fool Mid-Cap Growth ETF (TMFM) , Touchstone Climate Transition ETF (HEAT) , JPMorgan Climate Change Solutions ETF (TEMP) , MFAM Small-Cap Growth ETF (MFMS) , Motley Fool Small-Cap Growth ETF (TMFS) , AXS Green Alpha ETF (NXTE) and JPMorgan Sustainable Consumption ETF (CIRC) .

When did Trex's stock split?

Trex shares split on Monday, September 14th 2020. The 2-1 split was announced on Monday, August 3rd 2020. The newly created 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.

What guidance has Trex issued on next quarter's earnings?

Trex updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $360.0 million-$370.0 million, compared to the consensus revenue estimate of $307.1 million.

What is Bryan Fairbanks' approval rating as Trex's CEO?

4 employees have rated Trex Chief Executive Officer Bryan Fairbanks on Glassdoor.com . Bryan Fairbanks has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Trex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Trex investors own include NVIDIA (NVDA) , Block (SQ) , Shopify (SHOP) , Trade Desk (TTD) , Walt Disney (DIS) , Salesforce (CRM) , Skyworks Solutions (SWKS) , Tesla (TSLA) , DocuSign (DOCU) and Mastercard (MA) .

Who are Trex's major shareholders?

Trex's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.11%), Capital Insight Partners LLC (0.04%), Curbstone Financial Management Corp (0.03%), Wealth Enhancement Advisory Services LLC (0.02%), Red Spruce Capital LLC (0.01%) and Yarbrough Capital LLC (0.01%). Insiders that own company stock include Adam Dante Zambanini , Bryan Horix Fairbanks , Dennis Charles Schemm , Jacob T Rudolph, James E Cline, James E Cline , Jay M Gratz, Michael F Golden , Patricia B Robinson , Richard E Posey and William R Gupp . View institutional ownership trends .

How do I buy shares of Trex?

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 .

NYSE:TREX

Trex (TREX) Stock Price, News & Analysis

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$87.96

+0.19 (+0.22%)

(As of 04/18/2024 ET)

Compare

Today's Range: $87.63
▼
$89.76
50-Day Range: $87.76
▼
$100.15
52-Week Range: $51.03
▼
$101.91

Volume: 765,988 shs
Average Volume: 796,801 shs
Market Capitalization: $9.55 billion

P/E Ratio: 46.54
Dividend Yield: N/A
Price Target: $88.72

Get Trex alerts:

Trex MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 0.9% Upside
$88.72 Price Target
Short Interest: Healthy
4.67% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.81
Based on 13 Articles This Week
Insider Trading: Acquiring Shares
$2,463 Bought Last Quarter
Proj. Earnings Growth: 16.29%
From $2.21 to $2.57 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.97 out of 5 stars

Construction Sector

61st out of 100 stocks

Lumber & Wood Products, Except Furniture Industry

3rd out of 4 stocks

2.2

Analyst's Opinion

Consensus Rating
Trex has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 8 buy ratings, 8 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
Trex has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
4.67% 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 6.2.
Change versus previous month
Short interest in Trex has recently decreased by 1.75%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Trex does not currently pay a dividend.
Dividend Growth
Trex does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TREX.

3.2

News and Social Media Coverage

News Sentiment
Trex has a news sentiment score of 0.81. 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 0.55 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Trex this week, compared to 7 articles on an average week.
Search Interest
Only 16 people have searched for TREX on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.
MarketBeat Follows
6 people have added Trex to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

3.3

Company Ownership

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 $2,463.00 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Trex are expected to grow by 16.29% in the coming year, from $2.21 to $2.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Trex is 46.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Trex is 46.54, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.80.
Price to Earnings Growth Ratio
Trex has a PEG Ratio of 2.05. 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 13.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Trex Stock (NYSE: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. 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 Price History

30 days | 90 days | 365 days | Advanced Chart

TREX Stock News Headlines

April 18, 2024 | businesswire.com

Trex Company Announces Timing of First Quarter 2024 Earnings Release and Conference Call

April 18, 2024 | americanbankingnews.com

William Blair Comments on Trex Company, Inc.'s Q1 2024 Earnings (NYSE:TREX)

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April 17, 2024 | msn.com

Easy DIY Wooden Walkway | Path To My Outdoor Kitchen | Part 10

April 17, 2024 | msn.com

Hot Products For Spring 2024

April 17, 2024 | msn.com

GR veteran gets ramp made from recycled plastic bags

April 16, 2024 | finance.yahoo.com

Trex Company, Inc.'s (NYSE:TREX) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

April 10, 2024 | msn.com

TRextasy brings glam rock sound of TRex and Marc Bolan to Newark Palace Theatre

April 18, 2024 | Crypto 101 Media (Ad)

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April 9, 2024 | americanbankingnews.com

Trex (NYSE:TREX) Given New $110.00 Price Target at Robert W. Baird

April 8, 2024 | seekingalpha.com

Trex Company: Moving Out Of This Outdoor Play

April 8, 2024 | msn.com

New insurance rule: What is e-Insurance? Benefits of e-Insurance Account for policyholders

April 8, 2024 | yahoo.com

5 Designer-Approved Tips for Creating a Timeless and Functional Outdoor Kitchen

April 8, 2024 | globenewswire.com

Trex Named Most Sustainable Decking Brand

April 4, 2024 | markets.businessinsider.com

Evaluating Trex Co: Insights From 9 Financial Analysts

April 3, 2024 | msn.com

Trex and REI Co-op Team Up to Expand Signature Camping Experience

April 3, 2024 | businesswire.com

Trex and REI Co-op Team Up to Expand Signature Camping Experience near Bryce Canyon National Park

April 3, 2024 | finance.yahoo.com

HGTV UNVEILS THE HGTV® SMART HOME 2024 IN ATLANTA, GEORGIA

April 2, 2024 | msn.com

In Atlanta, an Incomparable Victorian Gothic Home Asks $1.9M

April 2, 2024 | msn.com

Bobby Berk's Tips For Entertaining In Your Backyard During Warmer Months

March 31, 2024 | msn.com

How to make a small outdoor dining space feel bigger – 10 ways to maximise your space

March 29, 2024 | yahoo.com

Bags for Benches: Trex, Special Olympics partner to create special benches

March 27, 2024 | finance.yahoo.com

Trex Company (NYSE:TREX) shareholders have earned a 24% CAGR over the last five years

March 18, 2024 | msn.com

Can You Really Go Blind Staring at a Solar Eclipse?

March 16, 2024 | nasdaq.com

Interesting TREX Put And Call Options For May 17th

March 16, 2024 | finance.yahoo.com

TREX Apr 2024 90.000 put

March 16, 2024 | ca.finance.yahoo.com

TREX May 2024 140.000 call

See More Headlines

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Company Calendar

Last Earnings: 2/26/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/13/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Construction
Industry: Lumber & wood products, except furniture
Sub-Industry: Building Products
Current Symbol: NYSE:TREX
CUSIP: 89531P10
CIK: 1069878
Web: www.trex.com
Phone: (540) 542-6300
Fax: 540-678-1820
Employees: 1,765
Year Founded: 1996

Price Target and Rating

Average Stock Price Target: $88.72
High Stock Price Target: $120.00
Low Stock Price Target: $58.00
Potential Upside/Downside: -0.9%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.89
Trailing P/E Ratio: 47.37
Forward P/E Ratio: 40.51
P/E Growth: 2.05
Net Income: $205.38 million
Net Margins: 18.76%
Pretax Margin: 25.23%
Return on Equity: 31.26%
Return on Assets: 19.60%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.89
Quick Ratio: 0.72

Sales & Book Value

Annual Sales: $1.09 billion
Price / Sales: 8.88
Cash Flow: $2.34 per share
Price / Cash Flow: 38.23
Book Value: $6.60 per share
Price / Book: 13.56

Miscellaneous

Outstanding Shares: 108,624,000
Free Float: 107,853,000
Market Cap: $9.72 billion
Optionable: Optionable
Beta: 1.60

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Key Executives

Mr. Bryan Horix Fairbanks (Age 54)
President, CEO & Director
Comp: $2.5M
Ms. Brenda Lovcik (Age 52)
Senior VP & CFO
Comp: $621.97k
Mr. Adam Dante Zambanini (Age 47)
Executive VP & COO
Comp: $1.29M
Ms. Amy M. Fernandez (Age 47)
Senior VP, Chief Legal Officer & Secretary
Comp: $1.04M
Ms. S. Leslie Adkins
Group VP of Marketing and ESG Development
Jacob T. Rudolph
Senior VP & Chief Human Resources Officer
Viktoriia Nakhla
AdvisIRy Partner

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TREX Stock Analysis - Frequently Asked Questions

Should I buy or sell Trex stock right now?: 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trex in the last year. There are currently 2 sell ratings, 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TREX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TREX, but not buy additional shares or sell existing shares.
View TREX analyst ratings or view top-rated stocks.
What is Trex's stock price target for 2024?: 18 equities research analysts have issued 12-month target prices for Trex's stock. Their TREX share price targets range from $58.00 to $120.00. On average, they expect the company's share price to reach $88.72 in the next year. This suggests a possible upside of 0.9% from the stock's current price.
View analysts price targets for TREX or view top-rated stocks among Wall Street analysts.
How have TREX shares performed in 2024?: Trex's stock was trading at $82.79 on January 1st, 2024. Since then, TREX shares have increased by 6.2% and is now trading at $87.96.
View the best growth stocks for 2024 here.
When is Trex's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our TREX earnings forecast.
How were Trex's earnings last quarter?: Trex Company, Inc. (NYSE:TREX) announced its quarterly earnings data on Monday, February, 26th. The construction company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The construction company had revenue of $195.75 million for the quarter, compared to analyst estimates of $193.40 million. Trex had a net margin of 18.76% and a trailing twelve-month return on equity of 31.26%. Trex's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 EPS.
What ETFs hold Trex's stock?: ETFs with the largest weight of Trex (NYSE:TREX) stock in their portfolio include SPDR S&P Homebuilders ETF (XHB), Motley Fool Mid-Cap Growth ETF (TMFM), Touchstone Climate Transition ETF (HEAT), JPMorgan Climate Change Solutions ETF (TEMP), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), AXS Green Alpha ETF (NXTE) and JPMorgan Sustainable Consumption ETF (CIRC).

When did Trex's stock split?: Trex shares split on Monday, September 14th 2020. The 2-1 split was announced on Monday, August 3rd 2020. The newly created 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.
What guidance has Trex issued on next quarter's earnings?: Trex updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $360.0 million-$370.0 million, compared to the consensus revenue estimate of $307.1 million.
What is Bryan Fairbanks' approval rating as Trex's CEO?: 4 employees have rated Trex Chief Executive Officer Bryan Fairbanks on Glassdoor.com. Bryan Fairbanks has an approval rating of 86% among the company's employees.
What other stocks do shareholders of Trex own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Trex investors own include NVIDIA (NVDA), Block (SQ), Shopify (SHOP), Trade Desk (TTD), Walt Disney (DIS), Salesforce (CRM), Skyworks Solutions (SWKS), Tesla (TSLA), DocuSign (DOCU) and Mastercard (MA).
Who are Trex's major shareholders?: Trex's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.11%), Capital Insight Partners LLC (0.04%), Curbstone Financial Management Corp (0.03%), Wealth Enhancement Advisory Services LLC (0.02%), Red Spruce Capital LLC (0.01%) and Yarbrough Capital LLC (0.01%). Insiders that own company stock include Adam Dante Zambanini, Bryan Horix Fairbanks, Dennis Charles Schemm, Jacob T Rudolph, James E Cline, James E Cline, Jay M Gratz, Michael F Golden, Patricia B Robinson, Richard E Posey and William R Gupp.
View institutional ownership trends.
How do I buy shares of Trex?: 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.

This page (NYSE:TREX) was last updated on 4/18/2024 by MarketBeat.com Staff

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Trex (TREX) Stock Price, News & Analysis

Trex MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Trex Stock (NYSE:TREX)

TREX Stock Price History

TREX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

TREX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™