Trex Company Company Profile (NYSE:TREX)

About Trex Company (TREX)

Trex Company logoTrex Company, Inc. is a manufacturer of wood-alternative decking and railing products. The Company's products are marketed under the brand name Trex and are manufactured in the United States. It offers a set of outdoor living products in the decking, railing, porch, fencing, trim, steel deck framing and outdoor lighting categories. Its decking products include Trex Transcend, Trex Enhance and Trex Select. The Company's railing products include Trex Transcend Railing, Trex Select Railing and Trex Signature aluminum railing. It offers Trex Transcend Porch Flooring and Railing System, which is an integrated system of porch components and accessories. The Company offers Trex Seclusions fencing product, which consists of structural posts, bottom rail, pickets, top rail and decorative post caps. It offers a triple-coated steel deck framing system called Trex Elevations. The Company also offers outdoor lighting systems, such as Trex DeckLighting and Trex Landscape Lighting.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: General Building Materials
  • Sub-Industry: Building Products
  • Exchange: NYSE
  • Symbol: TREX
  • CUSIP: 89531P10
Key Metrics:
  • Previous Close: $68.39
  • 50 Day Moving Average: $69.16
  • 200 Day Moving Average: $64.50
  • 52-Week Range: $39.74 - $78.15
  • Trailing P/E Ratio: 29.86
  • Foreward P/E Ratio: 21.92
  • P/E Growth: 0.99
  • Market Cap: $2.00B
  • Outstanding Shares: 29,278,000
  • Beta: 2.33
Profitability:
  • Net Margins: 13.02%
  • Return on Equity: 65.45%
  • Return on Assets: 29.25%
Debt:
  • Current Ratio: 2.03%
  • Quick Ratio: 1.69%

Analyst Ratings

Consensus Ratings for Trex Company (NYSE:TREX) (?)
Ratings Breakdown: 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $65.67 (3.98% downside)

Analysts' Ratings History for Trex Company (NYSE:TREX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/1/2017Griffin SecuritiesReiterated RatingBuyN/AView Rating Details
2/28/2017FBR & CoBoost Price TargetMkt Perform -> Mkt Perform$61.00 -> $69.00N/AView Rating Details
2/22/2017Stifel NicolausBoost Price TargetHold$60.00 -> $70.00N/AView Rating Details
1/17/2017WedbushBoost Price TargetNeutral$55.00 -> $58.00N/AView Rating Details
11/22/2016Seaport Global SecuritiesInitiated CoverageNeutralN/AView Rating Details
8/3/2016CL KingDowngradeBuy -> NeutralN/AView Rating Details
6/2/2016SidotiInitiated CoverageNeutralN/AView Rating Details
2/1/2016BB&T Co.DowngradeBuy -> HoldN/AView Rating Details
4/10/2015SunTrust Banks, Inc.DowngradeBuy -> NeutralN/AView Rating Details
(Data available from 3/22/2015 forward)

Earnings

Earnings History for Trex Company (NYSE:TREX)
Earnings by Quarter for Trex Company (NYSE:TREX)
Earnings History by Quarter for Trex Company (NYSE:TREX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
2/21/2017Q416$0.41$0.43$93.02 million$95.30 millionViewListenView Earnings Details
11/7/2016Q316$0.42$0.45$105.14 million$106.20 millionViewListenView Earnings Details
8/1/2016Q216$0.71$0.79$145.19 million$146.45 millionViewListenView Earnings Details
5/10/2016Q116$0.65$0.78$131.12 million$132.00 millionViewListenView Earnings Details
2/23/2016Q415$0.22$0.26$85.14 million$89.00 millionViewListenView Earnings Details
10/27/2015Q315$0.28$0.26$96.39 million$94.00 millionViewListenView Earnings Details
8/3/2015Q215$0.60$0.58$137.14 million$137.00 millionViewListenView Earnings Details
5/8/2015Q1$0.51$0.55$119.80 million$121.00 millionViewListenView Earnings Details
2/24/2015Q414$0.14$0.16$70.34 million$74.20 millionViewListenView Earnings Details
10/27/2014Q314$0.24$0.28$92.29 million$95.50 millionViewListenView Earnings Details
8/4/2014Q214$0.44$0.46$123.73 million$121.30 millionViewListenView Earnings Details
5/5/2014Q114$0.93$0.73$115.25 million$101.00 millionViewListenView Earnings Details
2/24/2014Q413$0.07$0.23$50.63 million$63.80 millionViewListenView Earnings Details
10/25/2013Q313$0.35$0.45$72.10 million$72.20 millionViewListenView Earnings Details
8/6/2013Q2 2013$1.00$0.86$103.42 million$98.60 millionViewListenView Earnings Details
5/3/2013Q1 2013$1.12$1.25$107.37 million$107.90 millionViewListenView Earnings Details
2/19/2013Q4 2012($0.24)($0.22)$45.27 million$46.16 millionViewListenView Earnings Details
11/1/2012Q312$0.17$0.36$70.66 million$70.82 millionViewN/AView Earnings Details
7/26/2012$0.53$0.59ViewN/AView Earnings Details
5/7/2012$0.50$0.74ViewN/AView Earnings Details
10/31/2011($0.03)ViewN/AView Earnings Details
8/1/2011$0.20$0.12ViewN/AView Earnings Details
5/2/2011$0.09$0.15ViewN/AView Earnings Details
2/28/2011($0.52)$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Trex Company (NYSE:TREX)
Current Year EPS Consensus Estimate: $2.80 EPS
Next Year EPS Consensus Estimate: $3.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.69$0.69$0.69
Q2 20162$0.72$0.84$0.78
Q3 20161$0.36$0.36$0.36
Q4 20162$0.24$0.35$0.30
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Trex Company (NYSE:TREX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Trex Company (NYSE:TREX)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 92.21%
Insider Trades by Quarter for Trex Company (NYSE:TREX)
Institutional Ownership by Quarter for Trex Company (NYSE:TREX)
Insider Trades by Quarter for Trex Company (NYSE:TREX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/27/2017Christopher Paul GerhardVPSell4,475$68.41$306,134.75View SEC Filing  
2/22/2017Christopher Paul GerhardVPSell1,400$65.92$92,288.00View SEC Filing  
2/22/2017James E ClineInsiderSell15,000$66.66$999,900.00View SEC Filing  
2/22/2017William R GuppSVPSell3,500$66.60$233,100.00View SEC Filing  
11/22/2016Richard E PoseyDirectorSell2,180$68.44$149,199.20View SEC Filing  
11/16/2016Frank H Merlotti JrDirectorSell1,801$66.21$119,244.21View SEC Filing  
9/7/2016Adam Dante ZambaniniVPSell5,730$61.61$353,025.30View SEC Filing  
8/16/2016Patricia B RobinsonDirectorSell10,836$59.83$648,317.88View SEC Filing  
8/12/2016Jay M GratzDirectorSell7,051$60.03$423,271.53View SEC Filing  
8/3/2016James E ClineInsiderSell6,873$55.49$381,382.77View SEC Filing  
8/3/2016Richard E PoseyDirectorSell5,266$54.99$289,577.34View SEC Filing  
5/17/2016Frank H Merlotti JrDirectorSell1,709$41.18$70,376.62View SEC Filing  
5/12/2016James E ClineCEOSell6,386$43.11$275,300.46View SEC Filing  
4/15/2016James E ClineCEOSell6,679$49.84$332,881.36View SEC Filing  
4/15/2016William R GuppSVPSell11,648$49.90$581,235.20View SEC Filing  
3/18/2016William R GuppSVPSell6,504$45.60$296,582.40View SEC Filing  
3/2/2016Christopher Paul GerhardVPSell3,030$43.81$132,744.30View SEC Filing  
3/1/2016Patricia B RobinsonDirectorSell5,800$43.18$250,444.00View SEC Filing  
2/25/2016James E ClineCEOSell8,390$41.95$351,960.50View SEC Filing  
12/17/2015Frank H. Merlotti, Jr.DirectorSell1,737$40.27$69,948.99View SEC Filing  
10/30/2015Ronald W. KaplanDirectorSell101,237$38.96$3,944,193.52View SEC Filing  
10/8/2015Frank H. Merlotti, Jr.DirectorSell1,737$40.08$69,618.96View SEC Filing  
8/21/2015Ronald W. KaplanCEOSell52,270$40.60$2,122,162.00View SEC Filing  
6/25/2015F Timothy ReeseVPSell1,758$52.63$92,523.54View SEC Filing  
6/16/2015F Timothy ReeseVPSell3,758$51.00$191,658.00View SEC Filing  
6/16/2015Frank H Merlotti JrDirectorSell1,792$51.12$91,607.04View SEC Filing  
6/16/2015William R GuppSVPSell17,041$50.72$864,319.52View SEC Filing  
6/3/2015Christopher Paul GerhardVPSell1,000$51.69$51,690.00View SEC Filing  
5/18/2015James E ClineCFOSell4,717$50.03$235,991.51View SEC Filing  
5/13/2015Adam Dante ZambaniniVPSell3,029$48.82$147,875.78View SEC Filing  
5/12/2015Richard E PoseyDirectorSell4,612$49.85$229,908.20View SEC Filing  
2/27/2015James E ClineCFOSell27,093$49.73$1,347,334.89View SEC Filing  
1/7/2015Christopher Paul GerhardVPSell2,500$41.72$104,300.00View SEC Filing  
10/31/2014F Timothy ReeseVPSell8,910$41.00$365,310.00View SEC Filing  
10/31/2014Patricia B RobinsonDirectorSell3,732$40.68$151,817.76View SEC Filing  
10/8/2014Frank H Merlotti JrDirectorSell3,116$34.57$107,720.12View SEC Filing  
8/20/2014Patricia B RobinsonDirectorSell4,000$37.50$150,000.00View SEC Filing  
8/12/2014Jay M GratzDirectorSell5,155$36.00$185,580.00View SEC Filing  
7/8/2014Frank H Merlotti JrDirectorSell2,888$28.96$83,636.48View SEC Filing  
6/10/2014Ronald W KaplanCEOSell17,876$32.62$583,115.12View SEC Filing  
6/10/2014William R GuppCAOSell6,152$33.05$203,323.60View SEC Filing  
5/30/2014Paul A BrunnerDirectorSell4,644$30.75$142,803.00View SEC Filing  
5/7/2014Ronald KaplanCEOSell3,272$70.17$229,596.24View SEC Filing  
5/7/2014William GuppCAOSell1,600$70.30$112,480.00View SEC Filing  
4/17/2014Jay GratzDirectorSell1,111$72.76$80,836.36View SEC Filing  
4/9/2014Ronald KaplanCEOSell9,263$74.06$686,017.78View SEC Filing  
4/9/2014William GuppCAOSell3,611$73.87$266,744.57View SEC Filing  
4/8/2014Frank Merlotti, Jr.DirectorSell1,592$72.50$115,420.00View SEC Filing  
4/7/2014Patricia RobinsonDirectorSell2,000$73.64$147,280.00View SEC Filing  
4/2/2014F Timothy ReeseVPSell2,418$72.70$175,788.60View SEC Filing  
3/13/2014F Timothy ReeseVPSell1,825$71.94$131,290.50View SEC Filing  
3/4/2014Richard PoseyDirectorSell1,216$77.00$93,632.00View SEC Filing  
2/25/2014Richard PoseyDirectorSell1,235$81.94$101,195.90View SEC Filing  
2/13/2014F Timothy ReeseVPSell1,750$65.63$114,852.50View SEC Filing  
2/4/2014F Timothy ReeseVPSell1,298$65.00$84,370.00View SEC Filing  
1/16/2014F Timothy ReeseVPSell1,779$72.44$128,870.76View SEC Filing  
1/3/2014Richard PoseyDirectorSell1,219$76.95$93,802.05View SEC Filing  
1/2/2014F Timothy ReeseVPSell3,201$77.13$246,893.13View SEC Filing  
12/19/2013F Timothy ReeseVPSell2,465$76.35$188,202.75View SEC Filing  
12/4/2013F Timothy ReeseVPSell1,789$69.49$124,317.61View SEC Filing  
11/14/2013F Timothy ReeseVPSell2,396$69.30$166,042.80View SEC Filing  
11/5/2013F Timothy ReeseVPSell1,776$71.26$126,557.76View SEC Filing  
10/28/2013Ronald W KaplanCEOSell43,989$64.70$2,846,088.30View SEC Filing  
10/28/2013William R GuppCAOSell13,916$65.38$909,828.08View SEC Filing  
10/25/2013James E ClineCFOSell15,050$59.95$902,247.50View SEC Filing  
10/18/2013F Timothy ReeseVPSell2,105$50.35$105,986.75View SEC Filing  
7/3/2013F Timothy ReeseVPSell1,573$45.24$71,162.52View SEC Filing  
7/3/2013William R GuppCAOSell1,995$46.82$93,405.90View SEC Filing  
6/5/2013Ronald W KaplanCEOSell11,708$54.17$634,222.36View SEC Filing  
6/5/2013William R GuppCAOSell2,037$54.57$111,159.09View SEC Filing  
1/18/2013F Timothy ReeseVPSell5,232$40.17$210,169.44View SEC Filing  
1/17/2013William F AndrewsDirectorSell1,500$41.02$61,530.00View SEC Filing  
12/5/2012F Timothy ReeseVPSell1,310$40.61$53,199.10View SEC Filing  
8/22/2012Adam Dante ZambaniniVPSell2,132$29.14$62,126.48View SEC Filing  
8/21/2012James E ClineCFOSell4,780$29.15$139,337.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Trex Company (NYSE:TREX)
Latest Headlines for Trex Company (NYSE:TREX)
Source:
DateHeadline
finance.yahoo.com logoTrex Company Sweepstakes Invites Fans to 'Build a Better Deck with Trex' (NYSE:TREX)
finance.yahoo.com - March 20 at 6:27 PM
finance.yahoo.com logoTrex Honored With 'Best of Houzz' Design Award (NYSE:TREX)
finance.yahoo.com - March 18 at 2:18 AM
News IconFBR & Co Raises Trex Company Inc (TREX) Price Target to $69.00 (NYSE:TREX)
www.americanbankingnews.com - March 12 at 4:30 PM
finance.yahoo.com logoTrex Company Announces March 2017 Investor Conference Schedule (NYSE:TREX)
finance.yahoo.com - February 28 at 7:55 PM
seekingalpha.com logoTrex: Creating Growth Out Of Garbage (NYSE:TREX)
seekingalpha.com - February 25 at 3:50 AM
fool.com logoTrex Company Inc Keeps Turning Modest Sales Growth Into Big Profits: Key Earnings Takeaways (NYSE:TREX)
www.fool.com - February 22 at 9:15 PM
seekingalpha.com logoTrex (TREX) Q4 2016 Results - Earnings Call Transcript (NYSE:TREX)
seekingalpha.com - February 22 at 10:25 AM
reuters.com logoBRIEF-Trex Company Q4 earnings per share $0.43 (NYSE:TREX)
www.reuters.com - February 22 at 10:25 AM
us.rd.yahoo.com logoTrex Company Announces Fourth Quarter and Calendar Year 2016 Results (NYSE:TREX)
us.rd.yahoo.com - February 22 at 10:25 AM
biz.yahoo.com logoTREX CO INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:TREX)
us.rd.yahoo.com - February 22 at 10:25 AM
us.rd.yahoo.com logo7:03 am Trex beats by $0.02, beats on revs; guides Q1 revs slightly above consensus (NYSE:TREX)
us.rd.yahoo.com - February 22 at 10:25 AM
biz.yahoo.com logoQ4 2016 Trex Company Inc Earnings Release - Before Market Open (NYSE:TREX)
us.rd.yahoo.com - February 22 at 10:25 AM
finance.yahoo.com logoEdited Transcript of TREX earnings conference call or presentation 21-Feb-17 1:30pm GMT (NYSE:TREX)
finance.yahoo.com - February 22 at 10:25 AM
businesswire.com logoTrex Company Announces Fourth Quarter and Calendar Year 2016 ... - Business Wire (press release) (NYSE:TREX)
www.businesswire.com - February 21 at 4:39 PM
biz.yahoo.com logoTrex Company Inc Earnings Call scheduled for 8:30 am ET today (NYSE:TREX)
biz.yahoo.com - February 21 at 4:39 PM
marketwatch.com logoGlobal Wood Plastic Composites Market will reach USD 8.76 Billion by 2022: Zion Market Research (NYSE:TREX)
www.marketwatch.com - February 14 at 6:39 AM
finance.yahoo.com logoTrex(R) Recycled Pellets Achieve ICC Certification (NYSE:TREX)
finance.yahoo.com - January 26 at 6:25 AM
businesswire.com logoTrex Company Announces Timing of Fourth Quarter 2016 Earnings Release and Conference Call - Business Wire (press release) (NYSE:TREX)
www.businesswire.com - January 25 at 7:40 AM
finance.yahoo.com logoTrex Company Announces Timing of Fourth Quarter 2016 Earnings Release and Conference Call (NYSE:TREX)
finance.yahoo.com - January 24 at 12:15 AM
finance.yahoo.com logoFun Meets Functionality as the Top Outdoor Living Trend for 2017 (NYSE:TREX)
finance.yahoo.com - January 13 at 2:08 AM
finance.yahoo.com logoTrex Makes It Easy to Plan and Build Dream Decks (NYSE:TREX)
finance.yahoo.com - January 12 at 5:38 AM
finance.yahoo.com logoTrex Introduces Signature(R) Railing - Yahoo Finance (NYSE:TREX)
finance.yahoo.com - January 11 at 7:01 AM

Social

Frequently Asked Questions for Trex Company (NYSE:TREX)

What is Trex Company's stock symbol?

Trex Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "TREX."

When did Trex Company's stock split? How did Trex Company's stock split work?

Trex Company's stock split before market open on Thursday, May 8th 2014. The 2-1 split was announced on Monday, February 24th 2014. The newly minted shares were distributed to shareholders after the market closes on Wednesday, May 7th 2014. An investor that had 100 shares of Trex Company stock prior to the split would have 200 shares after the split.

How were Trex Company's earnings last quarter?

Trex Company Inc (NYSE:TREX) issued its quarterly earnings data on Tuesday, February, 21st. The company reported $0.43 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.02. The business earned $95.30 million during the quarter, compared to analysts' expectations of $93.02 million. Trex Company had a return on equity of 65.45% and a net margin of 13.02%. The company's revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.26 earnings per share.

When will Trex Company make its next earnings announcement?

Trex Company is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

Where is Trex Company's stock going? Where will Trex Company's stock price be in 2017?

6 equities research analysts have issued twelve-month price targets for Trex Company's stock. Their forecasts range from $58.00 to $70.00. On average, they anticipate Trex Company's share price to reach $65.67 in the next year.

What are analysts saying about Trex Company stock?

Here are some recent quotes from research analysts about Trex Company stock:

  • 1. FBR & Co analysts commented, "We are adjusting our estimate for 2017 and introducing 2018 estimates following Trex's better-than-expected 4Q results on February 21. Revenue was ahead of management's guidance, and EPS were $0.43 (versus consensus of $0.41). Cost-cutting measures, relatively low raw material costs, and capacity utilization improvements from volume growth led to gross margins of 40% in 4Q16 and 41.1% (excluding a warranty charge in 3Q16) in 2016, which expanded more than 400 bps YOY in the quarter and the year. We calculate incremental gross margins of 90% in 2016, which are expected to normalize in the 45% to 50% range for 2017. We are raising our price target to $69 (from $61) and maintain our Market Perform rating based on the limited upside from the current share price." (2/28/2017)
  • 2. Stifel Nicolaus analysts commented, "Trex reported Q4'16 EPS of $0.43, which was above consensus of $0.41. Revenue was $95.3 million coming in better than guidance and consensus. Included in this number was a $1.3 million capital commitment charge (management had to be vague about the deal for competitive reasons) with a customer that is expected to boost future sales. Gross margin was 40.0% making gross profit about $38.1 million (also reduced by the $1.3 million) compared to $32.0 million a year ago. The company adopted a stock compensation FASB pronouncement that provided a $1.6 million tax benefit spread over the first three quarters thus restating those results. No benefit occurred in the fourth and we estimate the tax rate was 36% vs. our 30% estimate thus making the 4Q EPS look even more impressive (we estimate the difference to EPS was about $0.03)." (2/22/2017)
  • 3. According to Zacks Investment Research, "Trex Company, Inc. is a manufacturer of wood-alternative decking and railing. Trex Company, Inc. is based in Winchester, United States. " (2/15/2017)
  • 4. Wedbush analysts commented, "We maintain our NEUTRAL rating on shares of Trex Co. (TREX) as we believe the benefits from operational improvements, sales mix and raw material tailwinds have been fully captured in the share price. While management continues to work to improve incremental gross margin (IGM) guiding CY17 in the range of 40-50% (vs. 40-45% exiting 3Q), due primarily to bringing inhouse the manufacturing of certain outdoor living products that were previously manufactured by a third-party. Over the mid-term, we expect TREX to continue to add to its leading market share in the decking and rail (D&R) segment of the Outdoor Living market (ODLM), expand its product offerings in ODLM as well as outside of North America, and longer-term benefit from the secular change from wood to wood-alternative materials." (1/17/2017)

Who owns Trex Company stock?

Trex Company's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Barrow Hanley Mewhinney & Strauss LLC (4.12%), Janus Capital Management LLC (3.99%), Dimensional Fund Advisors LP (3.38%), State Street Corp (2.19%), Disciplined Growth Investors Inc. MN (1.37%) and Loomis Sayles & Co. L P (1.12%). Company insiders that own Trex Company stock include Adam Dante Zambanini, Christopher Paul Gerhard, F Timothy Reese, Frank H Merlotti Jr, Frank H Merlotti, Jr, James E Cline, Jay M Gratz, Patricia B Robinson, Richard E Posey, Ronald W Kaplan and William R Gupp.

Who sold Trex Company stock? Who is selling Trex Company stock?

Trex Company's stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Janus Capital Management LLC, Fiera Capital Corp, Loomis Sayles & Co. L P, Dimensional Fund Advisors LP, Westwood Holdings Group Inc., Frontier Capital Management Co. LLC and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Trex Company stock in the last year include Adam Dante Zambanini, Christopher Paul Gerhard, Frank H Merlotti Jr, James E Cline, Jay M Gratz, Patricia B Robinson, Richard E Posey and William R Gupp.

Who bought Trex Company stock? Who is buying Trex Company stock?

Trex Company's stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Bogle Investment Management L P DE, Allianz Asset Management AG, Elkfork Partners LLC, State Street Corp, Oxford Asset Management, Disciplined Growth Investors Inc. MN and Flinton Capital Management LLC.

How do I buy Trex Company stock?

Shares of Trex Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Trex Company stock cost?

One share of Trex Company stock can currently be purchased for approximately $68.39.

Trex Company (TREX) Chart for Wednesday, March, 22, 2017

This page was last updated on 3/22/2017 by MarketBeat.com Staff