Trex Company, Inc. (NYSE:TREX) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Trex Company's stock has received an average rating of "Moderate Buy" from analysts, with eight hold, six buy, and two strong buy recommendations.
• The average 12-month target price for Trex shares is $71.93, while the current trading price is around $52.30.
• Trex reported earnings of $0.74 EPS for the last quarter, beating estimates, and has projected 2.04 EPS for the current fiscal year.

Shares of Trex Company, Inc. (NYSE:TREX - Get Free Report) have received an average rating of "Moderate Buy" from the seventeen ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $71.9286.

A number of equities analysts recently commented on TREX shares. Loop Capital reaffirmed a "hold" rating and issued a $66.00 price objective on shares of Trex in a research note on Tuesday, August 5th. Baird R W upgraded shares of Trex from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Weiss Ratings restated a "hold (c-)" rating on shares of Trex in a research report on Saturday, September 27th. Wall Street Zen raised shares of Trex from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, UBS Group reissued a "neutral" rating and set a $74.00 target price (up previously from $72.00) on shares of Trex in a research note on Tuesday, August 5th.

Trex Trading Down 0.7%

Shares of TREX opened at $52.30 on Tuesday. Trex has a 12 month low of $49.01 and a 12 month high of $80.74. The firm's 50 day moving average is $59.59 and its 200-day moving average is $58.57. The stock has a market capitalization of $5.61 billion, a PE ratio of 30.23, a P/E/G ratio of 2.20 and a beta of 1.49.

Trex (NYSE:TREX - Get Free Report) last released its earnings results on Monday, August 4th. The construction company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.02. Trex had a return on equity of 21.27% and a net margin of 16.53%.The company had revenue of $387.80 million for the quarter, compared to analyst estimates of $377.49 million. During the same period in the prior year, the firm posted $0.80 EPS. Trex's quarterly revenue was up 3.0% on a year-over-year basis. Trex has set its Q3 2025 guidance at EPS. Equities research analysts predict that Trex will post 2.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Trex news, SVP Amy M. Fernandez sold 1,538 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $64.18, for a total value of $98,708.84. Following the completion of the sale, the senior vice president owned 22,953 shares of the company's stock, valued at approximately $1,473,123.54. This trade represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.74% of the company's stock.

Institutional Investors Weigh In On Trex

Large investors have recently modified their holdings of the stock. CWM LLC increased its position in Trex by 16.8% in the second quarter. CWM LLC now owns 1,141 shares of the construction company's stock worth $62,000 after buying an additional 164 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Trex by 3.2% during the 1st quarter. AQR Capital Management LLC now owns 5,642 shares of the construction company's stock worth $320,000 after acquiring an additional 177 shares during the period. ProShare Advisors LLC increased its holdings in Trex by 4.1% in the 2nd quarter. ProShare Advisors LLC now owns 4,754 shares of the construction company's stock worth $259,000 after acquiring an additional 189 shares during the last quarter. State of Michigan Retirement System raised its stake in Trex by 0.8% in the 1st quarter. State of Michigan Retirement System now owns 25,622 shares of the construction company's stock valued at $1,489,000 after acquiring an additional 200 shares during the period. Finally, Louisiana State Employees Retirement System raised its stake in Trex by 0.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 30,200 shares of the construction company's stock valued at $1,642,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 95.96% 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.

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