Equities Analysts Issue Forecasts for Trex Q2 Earnings

Trex Company, Inc. (NYSE:TREX - Free Report) - Research analysts at William Blair cut their Q2 2025 earnings per share estimates for shares of Trex in a research note issued on Thursday, May 8th. William Blair analyst R. Merkel now expects that the construction company will post earnings per share of $0.73 for the quarter, down from their prior estimate of $0.77. The consensus estimate for Trex's current full-year earnings is $2.04 per share. William Blair also issued estimates for Trex's Q1 2026 earnings at $0.74 EPS, Q2 2026 earnings at $0.85 EPS, Q3 2026 earnings at $0.70 EPS, Q4 2026 earnings at $0.30 EPS and FY2027 earnings at $3.02 EPS.

Trex (NYSE:TREX - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The construction company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.58 by $0.02. The company had revenue of $339.99 million for the quarter, compared to the consensus estimate of $329.11 million. Trex had a return on equity of 28.89% and a net margin of 20.23%. The company's revenue for the quarter was down 9.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.82 EPS.

A number of other research firms have also recently issued reports on TREX. Barclays lowered their price objective on Trex from $67.00 to $54.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 8th. BMO Capital Markets raised Trex from a "market perform" rating to an "outperform" rating and set a $72.00 price target on the stock in a research note on Thursday, April 17th. DA Davidson reaffirmed a "neutral" rating and issued a $74.00 price target on shares of Trex in a research note on Tuesday, February 25th. JPMorgan Chase & Co. decreased their price target on Trex from $79.00 to $73.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 5th. Finally, Citigroup decreased their price target on Trex from $78.00 to $60.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $77.06.

Trex Stock Down 0.9%

Shares of NYSE TREX opened at $57.79 on Monday. The business's 50 day moving average is $56.96 and its two-hundred day moving average is $65.79. The company has a market cap of $6.20 billion, a P/E ratio of 26.39, a P/E/G ratio of 2.51 and a beta of 1.62. Trex has a 12 month low of $49.01 and a 12 month high of $92.02.

Insider Activity at Trex

In other news, Director Melkeya Mcduffie sold 1,420 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $61.88, for a total value of $87,869.60. Following the completion of the sale, the director now directly owns 1,705 shares of the company's stock, valued at $105,505.40. This trade represents a 45.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.71% of the company's stock.

Hedge Funds Weigh In On Trex

Large investors have recently made changes to their positions in the company. Atomi Financial Group Inc. bought a new position in shares of Trex during the fourth quarter worth approximately $247,000. Pictet Asset Management Holding SA increased its stake in shares of Trex by 7.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 14,538 shares of the construction company's stock worth $1,004,000 after purchasing an additional 969 shares during the period. SG Americas Securities LLC increased its stake in shares of Trex by 298.5% during the fourth quarter. SG Americas Securities LLC now owns 6,137 shares of the construction company's stock worth $424,000 after purchasing an additional 4,597 shares during the period. Park Avenue Securities LLC increased its stake in shares of Trex by 26.6% during the fourth quarter. Park Avenue Securities LLC now owns 7,444 shares of the construction company's stock worth $514,000 after purchasing an additional 1,566 shares during the period. Finally, Stephens Inc. AR increased its stake in Trex by 10.6% during the 4th quarter. Stephens Inc. AR now owns 6,294 shares of the construction company's stock worth $434,000 after acquiring an additional 601 shares during the period. Institutional investors own 95.96% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.