Trex (TREX) Expected to Announce Quarterly Earnings on Thursday

Trex (NYSE:TREX - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $329.11 million for the quarter. Trex has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Trex (NYSE:TREX - Get Free Report) last posted its quarterly earnings data on Monday, February 24th. The construction company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.05. The firm had revenue of $167.63 million during the quarter, compared to analysts' expectations of $160.54 million. Trex had a return on equity of 28.89% and a net margin of 20.23%. On average, analysts expect Trex to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Trex Stock Performance

NYSE:TREX traded up $2.07 during mid-day trading on Friday, reaching $60.04. The stock had a trading volume of 1,205,212 shares, compared to its average volume of 1,336,187. The stock has a market capitalization of $6.44 billion, a P/E ratio of 27.42, a P/E/G ratio of 2.51 and a beta of 1.62. The firm has a 50 day moving average price of $57.18 and a two-hundred day moving average price of $65.97. Trex has a one year low of $49.01 and a one year high of $94.00.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TREX. JPMorgan Chase & Co. cut their price objective on shares of Trex from $79.00 to $73.00 and set a "neutral" rating for the company in a research note on Wednesday, March 5th. Citigroup cut their price target 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. Benchmark reiterated a "buy" rating and issued a $80.00 price objective on shares of Trex in a report on Monday, March 3rd. BMO Capital Markets upgraded Trex from a "market perform" rating to an "outperform" rating and set a $72.00 target price for the company in a report on Thursday, April 17th. Finally, Jefferies Financial Group decreased their price target on Trex from $81.00 to $71.00 and set a "hold" rating on the stock in a research note on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $77.18.

Insider Activity at Trex

In related news, Director Melkeya Mcduffie sold 1,420 shares of Trex stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $61.88, for a total transaction of $87,869.60. Following the completion of the transaction, the director now directly owns 1,705 shares of the company's stock, valued at approximately $105,505.40. The trade was a 45.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.71% of the stock is owned by insiders.

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.