Trex (NYSE:TREX) Releases Earnings Results, Beats Estimates By $0.02 EPS

Key Points

• Trex reported earnings of $0.74 per share for the quarter, surpassing analyst estimates of $0.72 by $0.02.
• The company’s net margin stands at 17.69% with a return on equity of 22.78%.
• AQR Capital Management recently increased its stake in Trex by 3.2%, indicating growing institutional interest in the company.

Trex (NYSE:TREX - Get Free Report) released its earnings results on Monday. The construction company reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.02, Zacks reports. Trex had a net margin of 17.69% and a return on equity of 22.78%. Trex updated its Q3 2025 guidance to EPS.

Trex Stock Performance

Shares of TREX stock traded up $0.91 on Monday, hitting $64.33. 1,450,620 shares of the company's stock traded hands, compared to its average volume of 1,590,280. Trex has a one year low of $49.01 and a one year high of $80.74. The company's fifty day simple moving average is $59.07 and its 200 day simple moving average is $60.52. The stock has a market capitalization of $6.90 billion, a price-to-earnings ratio of 35.35, a P/E/G ratio of 2.67 and a beta of 1.51.

Insiders Place Their Bets

In other Trex news, SVP Amy M. Fernandez sold 2,366 shares of the firm's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $61.17, for a total value of $144,728.22. Following the sale, the senior vice president owned 24,569 shares of the company's stock, valued at $1,502,885.73. This trade represents a 8.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jacob T. Rudolph sold 1,500 shares of the firm's stock in a transaction 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 completion of the sale, the senior vice president directly owned 27,527 shares in the company, valued at approximately $1,659,052.29. This trade represents a 5.17% decrease in their position. The disclosure for this sale can be found here. 0.74% of the stock is owned by company insiders.

Institutional Trading of Trex

A hedge fund recently raised its stake in Trex stock. AQR Capital Management LLC boosted its holdings in Trex Company, Inc. (NYSE:TREX - Free Report) by 3.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,642 shares of the construction company's stock after acquiring an additional 177 shares during the quarter. AQR Capital Management LLC's holdings in Trex were worth $320,000 at the end of the most recent quarter. 95.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TREX. BMO Capital Markets raised shares of Trex from a "market perform" rating to an "outperform" rating and set a $72.00 target price for the company in a research report on Thursday, April 17th. Citigroup reduced their target price on shares of Trex from $78.00 to $60.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. B. Riley raised shares of Trex to a "strong-buy" rating in a research report on Monday, July 21st. Stephens reduced their target price on shares of Trex from $73.00 to $65.00 and set an "equal weight" rating for the company in a research report on Monday, May 12th. Finally, Barclays dropped their price target on shares of Trex from $67.00 to $54.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 8th. Two research 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 company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $74.88.

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.

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