FY2025 Earnings Estimate for Trex Issued By B. Riley

Trex Company, Inc. (NYSE:TREX - Free Report) - Investment analysts at B. Riley issued their FY2025 earnings per share estimates for shares of Trex in a report issued on Monday, July 21st. B. Riley analyst R. Seth forecasts that the construction company will post earnings per share of $2.29 for the year. B. Riley has a "Strong-Buy" rating on the stock. The consensus estimate for Trex's current full-year earnings is $2.04 per share. B. Riley also issued estimates for Trex's Q4 2026 earnings at $0.36 EPS.

Trex (NYSE:TREX - Get Free Report) last issued its earnings results on Thursday, May 8th. The construction company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.02. The company had revenue of $339.99 million during the quarter, compared to analyst estimates of $329.11 million. Trex had a return on equity of 22.78% and a net margin of 17.69%. The firm's quarterly revenue was down 9.0% on a year-over-year basis. During the same quarter last year, the business posted $0.82 EPS.

Several other brokerages have also weighed in on TREX. Citigroup cut their price target on Trex from $78.00 to $60.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Barclays cut their price target on Trex from $67.00 to $54.00 and set an "underweight" rating for the company in a research note on Tuesday, April 8th. Loop Capital boosted their price objective on Trex from $62.00 to $66.00 and gave the stock a "hold" rating in a research note on Thursday, July 10th. UBS Group cut their price objective on Trex from $74.00 to $72.00 and set a "neutral" rating for the company in a research note on Friday, May 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Trex in a report on Tuesday, April 1st. They set a "buy" rating and a $85.00 target price on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $74.88.

Trex Trading Up 0.9%

Shares of NYSE TREX traded up $0.62 during trading on Wednesday, reaching $68.46. 1,114,533 shares of the company traded hands, compared to its average volume of 1,598,996. The firm's fifty day simple moving average is $58.18 and its 200 day simple moving average is $60.67. The stock has a market cap of $7.34 billion, a P/E ratio of 37.62, a PEG ratio of 2.84 and a beta of 1.50. Trex has a 12-month low of $49.01 and a 12-month high of $86.56.

Insider Activity

In other news, SVP Jacob T. Rudolph sold 1,500 shares of the stock in a transaction dated 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 owned 27,527 shares in the company, valued at approximately $1,659,052.29. This represents a 5.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Amy M. Fernandez sold 2,366 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $61.17, for a total transaction of $144,728.22. Following the completion of the sale, the senior vice president owned 24,569 shares of the company's stock, valued at approximately $1,502,885.73. The trade was a 8.78% decrease in their position. The disclosure for this sale can be found here. 0.71% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. HighTower Advisors LLC boosted its position in Trex by 13.4% during the fourth quarter. HighTower Advisors LLC now owns 15,209 shares of the construction company's stock worth $1,050,000 after acquiring an additional 1,796 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Trex by 8.6% during the 4th quarter. Corient Private Wealth LLC now owns 3,897 shares of the construction company's stock valued at $269,000 after buying an additional 309 shares during the period. TD Private Client Wealth LLC grew its stake in shares of Trex by 37.0% during the 4th quarter. TD Private Client Wealth LLC now owns 3,936 shares of the construction company's stock valued at $272,000 after buying an additional 1,063 shares during the period. Sei Investments Co. grew its stake in shares of Trex by 18.8% during the 4th quarter. Sei Investments Co. now owns 421,489 shares of the construction company's stock valued at $29,095,000 after buying an additional 66,661 shares during the period. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of Trex during the 4th quarter valued at $1,519,000. 95.96% of the stock is owned by hedge funds and other institutional investors.

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.