What is DA Davidson’s Forecast for Trex Q3 Earnings?

Trex Company, Inc. (NYSE:TREX) – Equities research analysts at DA Davidson issued their Q3 2025 EPS estimates for Trex in a research note issued on Tuesday, August 5th. DA Davidson analyst K. Yinger anticipates that the construction company will post earnings of $0.56 per share for the quarter. DA Davidson has a “Neutral” rating and a $65.00 price objective on the stock. The consensus estimate for Trex’s current full-year earnings is $2.04 per share.

Other equities analysts also recently issued research reports about the stock. Robert W. Baird raised shares of Trex from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $65.00 to $75.00 in a report on Thursday, July 10th. Stephens reduced their target price on Trex from $73.00 to $65.00 and set an “equal weight” rating on the stock in a report on Monday, May 12th. BMO Capital Markets raised Trex from a “market perform” rating to an “outperform” rating and set a $72.00 price target for the company in a research note on Thursday, April 17th. JPMorgan Chase & Co. decreased their price objective on Trex from $73.00 to $71.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Benchmark reiterated a “buy” rating and set a $80.00 price objective on shares of Trex in a research report on Monday, May 12th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $74.31.

Trex Trading Down 7.0%

NYSE TREX opened at $61.12 on Wednesday. Trex has a 12 month low of $49.01 and a 12 month high of $80.74. The stock’s 50 day moving average is $59.47 and its 200 day moving average is $60.51. The stock has a market cap of $6.55 billion, a PE ratio of 35.33, a P/E/G ratio of 2.77 and a beta of 1.51.

Trex (NYSE:TREX) last announced its quarterly earnings data on Monday, August 4th. The construction company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. The business had revenue of $387.80 million for the quarter, compared to the consensus estimate of $377.49 million. Trex had a return on equity of 21.27% and a net margin of 16.53%. The business’s revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.80 earnings per share.

Institutional Trading of Trex

A number of large investors have recently modified their holdings of TREX. Summit Investment Advisors Inc. increased its holdings in Trex by 13.1% during the 1st quarter. Summit Investment Advisors Inc. now owns 39,641 shares of the construction company’s stock worth $2,303,000 after purchasing an additional 4,580 shares during the period. Fox Run Management L.L.C. bought a new position in shares of Trex during the 2nd quarter worth $987,000. Resona Asset Management Co. Ltd. increased its stake in shares of Trex by 31.1% during the second quarter. Resona Asset Management Co. Ltd. now owns 2,234 shares of the construction company’s stock valued at $123,000 after buying an additional 530 shares during the period. Bank of Montreal Can lifted its stake in Trex by 331.5% in the second quarter. Bank of Montreal Can now owns 66,733 shares of the construction company’s stock worth $3,629,000 after acquiring an additional 51,269 shares during the period. Finally, Montanaro Asset Management Ltd grew its holdings in Trex by 2.6% during the 2nd quarter. Montanaro Asset Management Ltd now owns 300,462 shares of the construction company’s stock worth $16,339,000 after acquiring an additional 7,662 shares in the last quarter. Hedge funds and other institutional investors own 95.96% of the company’s stock.

Insider Buying and Selling

In other news, SVP Jacob T. Rudolph sold 1,500 shares of the business’s stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $60.27, for a total transaction of $90,405.00. Following the completion of the sale, the senior vice president directly owned 27,527 shares of the company’s stock, valued at approximately $1,659,052.29. The trade was a 5.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Amy M. Fernandez sold 2,366 shares of the company’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $61.17, for a total transaction of $144,728.22. Following the completion of the transaction, the senior vice president owned 24,569 shares in the company, valued at approximately $1,502,885.73. The trade was a 8.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.