Barclays Issues Positive Forecast for Trex (NYSE:TREX) Stock Price

Trex (NYSE:TREX) had its target price raised by Barclays from $32.00 to $39.00 in a research note published on Wednesday,Benzinga reports. The brokerage currently has an underweight rating on the construction company’s stock.

Other equities research analysts also recently issued research reports about the company. Citigroup reduced their target price on Trex from $52.00 to $39.00 and set a “neutral” rating on the stock in a research report on Monday, December 15th. Bank of America restated an “underperform” rating and issued a $36.00 price objective (down from $67.00) on shares of Trex in a report on Wednesday, November 5th. Loop Capital raised shares of Trex from a “hold” rating to a “buy” rating and increased their target price for the stock from $45.00 to $53.00 in a research note on Wednesday. Weiss Ratings reissued a “sell (d+)” rating on shares of Trex in a research note on Monday, December 29th. Finally, Zelman & Associates lowered shares of Trex from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 5th. Ten equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Trex currently has a consensus rating of “Hold” and an average price target of $47.38.

Trex Price Performance

NYSE:TREX opened at $41.73 on Wednesday. The company’s 50-day moving average is $40.43 and its two-hundred day moving average is $45.61. Trex has a 1-year low of $29.77 and a 1-year high of $68.78. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 23.58 and a beta of 1.58.

Trex (NYSE:TREX) last announced its quarterly earnings results on Tuesday, February 24th. The construction company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. Trex had a net margin of 16.22% and a return on equity of 20.57%. The business had revenue of $161.13 million during the quarter, compared to the consensus estimate of $144.39 million. During the same quarter last year, the firm earned $0.09 EPS. The business’s revenue was down 3.9% compared to the same quarter last year. As a group, equities analysts anticipate that Trex will post 2.04 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Trex

A number of hedge funds have recently added to or reduced their stakes in the business. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Trex in the third quarter worth $31,000. V Square Quantitative Management LLC acquired a new position in Trex during the 4th quarter worth $27,000. Clearstead Trust LLC purchased a new stake in Trex during the 4th quarter worth about $33,000. CWM LLC increased its holdings in Trex by 16.8% during the 2nd quarter. CWM LLC now owns 1,141 shares of the construction company’s stock worth $62,000 after purchasing an additional 164 shares during the period. Finally, Rothschild Investment LLC acquired a new stake in Trex in the 3rd quarter valued at about $60,000. 95.96% of the stock is currently owned by institutional investors and hedge funds.

Trex News Roundup

Here are the key news stories impacting Trex this week:

• Positive Sentiment: Q4 earnings beat and stronger-than-expected revenue — Trex reported Q4 EPS of $0.04 vs. a consensus loss of $0.01 and revenue of $161.13M vs. $144.39M expected, signaling demand resilience and margin improvement. MarketBeat Q4 Earnings
• Positive Sentiment: CEO succession announced with smooth transition — Trex named EVP/COO Adam D. Zambanini as incoming CEO on April 28; the market reaction indicates investors view the succession as orderly and confidence-preserving. BusinessWire CEO Succession
• Positive Sentiment: Analyst upgrades and higher price targets — Loop Capital upgraded TREX to Buy and raised its target to $53; UBS also raised its target to $58 (buy), boosting upside expectations. Loop Capital Upgrade UBS Note
• Neutral Sentiment: 2026 sales target set — Management outlined a 2026 revenue target of $1.185B–$1.23B and reiterated cautious optimism for the year; guidance is constructive but conservative. Seeking Alpha Guidance
• Neutral Sentiment: Market commentary highlights product innovation and seasonal dynamics — Analysts note new product launches (e.g., fire-resistant decking), improved retail placements, and one-time startup costs that pressured prior margins but could drive 2026 ROI. MarketBeat Analysis
• Negative Sentiment: Large institutional selling — Wasatch Advisors sold ~1.56M shares (~$63M), reflecting material portfolio repositioning that weighs on supply/demand and could pressure the stock. Fool: Wasatch Sale
• Negative Sentiment: Additional fund-level share reduction — A separate filing shows a fund sold ~107,000 TREX shares (~$4.3M), adding to near-term selling pressure. Fool: Fund Sells
• Negative Sentiment: Mixed analyst signals — Barclays raised its target to $39 but kept an Underweight rating, signaling some firms remain cautious on demand recovery. Benzinga: Barclays Note

Trex Company Profile

Trex Company, Inc is a leading manufacturer of wood-alternative decking and railing systems designed for residential and commercial outdoor living environments. The company’s core offerings feature composite decking products made from a proprietary blend of recycled wood fibers and plastic film, which deliver enhanced durability, resistance to rot and insect damage, and low maintenance compared to traditional wood. Trex also provides matching railing, lighting, fencing and cladding solutions that allow customers to create cohesive, high-performance outdoor spaces.

Trex’s product portfolio is organized into multiple performance tiers, including premium, mid-range and value-oriented lines.