William Blair Has Pessimistic Outlook of Trex Q3 Earnings

Trex Company, Inc. (NYSE:TREX) – Stock analysts at William Blair cut their Q3 2025 earnings per share (EPS) estimates for shares of Trex in a research report issued to clients and investors on Tuesday, August 5th. William Blair analyst R. Merkel now forecasts that the construction company will post earnings of $0.56 per share for the quarter, down from their previous forecast of $0.64. The consensus estimate for Trex’s current full-year earnings is $2.04 per share. William Blair also issued estimates for Trex’s Q4 2025 earnings at $0.32 EPS, Q1 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.35 EPS, FY2026 earnings at $2.51 EPS and FY2027 earnings at $2.88 EPS.

Trex (NYSE:TREX) last released its quarterly earnings results on Monday, August 4th. The construction company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.02. The business had revenue of $387.80 million for the quarter, compared to analyst estimates of $377.49 million. Trex had a net margin of 16.53% and a return on equity of 21.27%. Trex’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the firm earned $0.80 earnings per share.

Other equities research analysts have also recently issued research reports about the stock. DA Davidson set a $65.00 price objective on shares of Trex and gave the stock a “neutral” rating in a research report on Tuesday. JPMorgan Chase & Co. cut their price target on shares of Trex from $73.00 to $71.00 and set a “neutral” rating for the company in a report on Wednesday. Loop Capital reiterated a “hold” rating and set a $66.00 price target on shares of Trex in a research report on Tuesday. BMO Capital Markets raised Trex from a “market perform” rating to an “outperform” rating and set a $72.00 target price on the stock in a report on Thursday, April 17th. Finally, Baird R W upgraded Trex from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $74.31.

Trex Stock Performance

NYSE:TREX opened at $61.12 on Wednesday. The company has a market cap of $6.55 billion, a price-to-earnings ratio of 35.33, a PEG ratio of 2.77 and a beta of 1.51. Trex has a fifty-two week low of $49.01 and a fifty-two week high of $80.74. The stock has a fifty day moving average price of $59.47 and a 200-day moving average price of $60.51.

Institutional Trading of Trex

A number of large investors have recently bought and sold shares of TREX. O Shaughnessy Asset Management LLC boosted its holdings in shares of Trex by 14.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,757 shares of the construction company’s stock worth $397,000 after buying an additional 747 shares in the last quarter. Huntington National Bank grew its holdings in Trex by 227.2% in the fourth quarter. Huntington National Bank now owns 566 shares of the construction company’s stock worth $39,000 after purchasing an additional 393 shares during the period. Wells Fargo & Company MN increased its stake in Trex by 1.8% in the fourth quarter. Wells Fargo & Company MN now owns 159,583 shares of the construction company’s stock valued at $11,016,000 after purchasing an additional 2,799 shares in the last quarter. Resona Asset Management Co. Ltd. bought a new position in shares of Trex during the 4th quarter worth about $122,000. Finally, Envestnet Asset Management Inc. raised its stake in Trex by 8.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 327,247 shares of the construction company’s stock worth $22,590,000 after buying an additional 25,540 shares during the period. 95.96% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Amy M. Fernandez sold 2,366 shares of Trex stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $61.17, for a total value of $144,728.22. Following the transaction, the senior vice president directly owned 24,569 shares of the company’s stock, valued at $1,502,885.73. The trade was a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jacob T. Rudolph sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $60.27, for a total transaction of $90,405.00. Following the transaction, the senior vice president 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 position. The disclosure for this sale can be found here. Corporate insiders own 0.71% of the company’s stock.

Trex Company Profile

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.