About Trex Company (TREX)
Trex 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
- 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
- Net Margins: 13.02%
- Return on Equity: 65.45%
- Return on Assets: 29.25%
- Current Ratio: 2.03%
- Quick Ratio: 1.69%
Companies Related to Trex Company:
Earnings History for Trex Company (NYSE:TREX)Earnings History by Quarter for Trex Company (NYSE:TREX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/8/2017|| || || || || || || || |
|2/21/2017||Q416||$0.41||$0.43||$93.02 million||$95.30 million||View||Listen|
|11/7/2016||Q316||$0.42||$0.45||$105.14 million||$106.20 million||View||Listen|
|8/1/2016||Q216||$0.71||$0.79||$145.19 million||$146.45 million||View||Listen|
|5/10/2016||Q116||$0.65||$0.78||$131.12 million||$132.00 million||View||Listen|
|2/23/2016||Q415||$0.22||$0.26||$85.14 million||$89.00 million||View||Listen|
|10/27/2015||Q315||$0.28||$0.26||$96.39 million||$94.00 million||View||Listen|
|8/3/2015||Q215||$0.60||$0.58||$137.14 million||$137.00 million||View||Listen|
|5/8/2015||Q1||$0.51||$0.55||$119.80 million||$121.00 million||View||Listen|
|2/24/2015||Q414||$0.14||$0.16||$70.34 million||$74.20 million||View||Listen|
|10/27/2014||Q314||$0.24||$0.28||$92.29 million||$95.50 million||View||Listen|
|8/4/2014||Q214||$0.44||$0.46||$123.73 million||$121.30 million||View||Listen|
|5/5/2014||Q114||$0.93||$0.73||$115.25 million||$101.00 million||View||Listen|
|2/24/2014||Q413||$0.07||$0.23||$50.63 million||$63.80 million||View||Listen|
|10/25/2013||Q313||$0.35||$0.45||$72.10 million||$72.20 million||View||Listen|
|8/6/2013||Q2 2013||$1.00||$0.86||$103.42 million||$98.60 million||View||Listen|
|5/3/2013||Q1 2013||$1.12||$1.25||$107.37 million||$107.90 million||View||Listen|
|2/19/2013||Q4 2012||($0.24)||($0.22)||$45.27 million||$46.16 million||View||Listen|
|11/1/2012||Q312||$0.17||$0.36||$70.66 million||$70.82 million||View||N/A|
Earnings Estimates for Trex Company (NYSE:TREX)
Current Year EPS Consensus Estimate: $2.80 EPS
Next Year EPS Consensus Estimate: $3.12 EPS
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Trex Company (NYSE:TREX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Trex Company (NYSE:TREX)
Insider Ownership Percentage: 1.40%Insider Trades by Quarter for Trex Company (NYSE:TREX)
Institutional Ownership Percentage: 92.21%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/27/2017||Christopher Paul Gerhard||VP||Sell||4,475||$68.41||$306,134.75|| |
|2/22/2017||Christopher Paul Gerhard||VP||Sell||1,400||$65.92||$92,288.00|| |
|2/22/2017||James E Cline||Insider||Sell||15,000||$66.66||$999,900.00|| |
|2/22/2017||William R Gupp||SVP||Sell||3,500||$66.60||$233,100.00|| |
|11/22/2016||Richard E Posey||Director||Sell||2,180||$68.44||$149,199.20|| |
|11/16/2016||Frank H Merlotti Jr||Director||Sell||1,801||$66.21||$119,244.21|| |
|9/7/2016||Adam Dante Zambanini||VP||Sell||5,730||$61.61||$353,025.30|| |
|8/16/2016||Patricia B Robinson||Director||Sell||10,836||$59.83||$648,317.88|| |
|8/12/2016||Jay M Gratz||Director||Sell||7,051||$60.03||$423,271.53|| |
|8/3/2016||James E Cline||Insider||Sell||6,873||$55.49||$381,382.77|| |
|8/3/2016||Richard E Posey||Director||Sell||5,266||$54.99||$289,577.34|| |
|5/17/2016||Frank H Merlotti Jr||Director||Sell||1,709||$41.18||$70,376.62|| |
|5/12/2016||James E Cline||CEO||Sell||6,386||$43.11||$275,300.46|| |
|4/15/2016||James E Cline||CEO||Sell||6,679||$49.84||$332,881.36|| |
|4/15/2016||William R Gupp||SVP||Sell||11,648||$49.90||$581,235.20|| |
|3/18/2016||William R Gupp||SVP||Sell||6,504||$45.60||$296,582.40|| |
|3/2/2016||Christopher Paul Gerhard||VP||Sell||3,030||$43.81||$132,744.30|| |
|3/1/2016||Patricia B Robinson||Director||Sell||5,800||$43.18||$250,444.00|| |
|2/25/2016||James E Cline||CEO||Sell||8,390||$41.95||$351,960.50|| |
|12/17/2015||Frank H. Merlotti, Jr.||Director||Sell||1,737||$40.27||$69,948.99|| |
|10/30/2015||Ronald W. Kaplan||Director||Sell||101,237||$38.96||$3,944,193.52|| |
|10/8/2015||Frank H. Merlotti, Jr.||Director||Sell||1,737||$40.08||$69,618.96|| |
|8/21/2015||Ronald W. Kaplan||CEO||Sell||52,270||$40.60||$2,122,162.00|| |
|6/25/2015||F Timothy Reese||VP||Sell||1,758||$52.63||$92,523.54|| |
|6/16/2015||F Timothy Reese||VP||Sell||3,758||$51.00||$191,658.00|| |
|6/16/2015||Frank H Merlotti Jr||Director||Sell||1,792||$51.12||$91,607.04|| |
|6/16/2015||William R Gupp||SVP||Sell||17,041||$50.72||$864,319.52|| |
|6/3/2015||Christopher Paul Gerhard||VP||Sell||1,000||$51.69||$51,690.00|| |
|5/18/2015||James E Cline||CFO||Sell||4,717||$50.03||$235,991.51|| |
|5/13/2015||Adam Dante Zambanini||VP||Sell||3,029||$48.82||$147,875.78|| |
|5/12/2015||Richard E Posey||Director||Sell||4,612||$49.85||$229,908.20|| |
|2/27/2015||James E Cline||CFO||Sell||27,093||$49.73||$1,347,334.89|| |
|1/7/2015||Christopher Paul Gerhard||VP||Sell||2,500||$41.72||$104,300.00|| |
|10/31/2014||F Timothy Reese||VP||Sell||8,910||$41.00||$365,310.00|| |
|10/31/2014||Patricia B Robinson||Director||Sell||3,732||$40.68||$151,817.76|| |
|10/8/2014||Frank H Merlotti Jr||Director||Sell||3,116||$34.57||$107,720.12|| |
|8/20/2014||Patricia B Robinson||Director||Sell||4,000||$37.50||$150,000.00|| |
|8/12/2014||Jay M Gratz||Director||Sell||5,155||$36.00||$185,580.00|| |
|7/8/2014||Frank H Merlotti Jr||Director||Sell||2,888||$28.96||$83,636.48|| |
|6/10/2014||Ronald W Kaplan||CEO||Sell||17,876||$32.62||$583,115.12|| |
|6/10/2014||William R Gupp||CAO||Sell||6,152||$33.05||$203,323.60|| |
|5/30/2014||Paul A Brunner||Director||Sell||4,644||$30.75||$142,803.00|| |
|5/7/2014||Ronald Kaplan||CEO||Sell||3,272||$70.17||$229,596.24|| |
|5/7/2014||William Gupp||CAO||Sell||1,600||$70.30||$112,480.00|| |
|4/17/2014||Jay Gratz||Director||Sell||1,111||$72.76||$80,836.36|| |
|4/9/2014||Ronald Kaplan||CEO||Sell||9,263||$74.06||$686,017.78|| |
|4/9/2014||William Gupp||CAO||Sell||3,611||$73.87||$266,744.57|| |
|4/8/2014||Frank Merlotti, Jr.||Director||Sell||1,592||$72.50||$115,420.00|| |
|4/7/2014||Patricia Robinson||Director||Sell||2,000||$73.64||$147,280.00|| |
|4/2/2014||F Timothy Reese||VP||Sell||2,418||$72.70||$175,788.60|| |
|3/13/2014||F Timothy Reese||VP||Sell||1,825||$71.94||$131,290.50|| |
|3/4/2014||Richard Posey||Director||Sell||1,216||$77.00||$93,632.00|| |
|2/25/2014||Richard Posey||Director||Sell||1,235||$81.94||$101,195.90|| |
|2/13/2014||F Timothy Reese||VP||Sell||1,750||$65.63||$114,852.50|| |
|2/4/2014||F Timothy Reese||VP||Sell||1,298||$65.00||$84,370.00|| |
|1/16/2014||F Timothy Reese||VP||Sell||1,779||$72.44||$128,870.76|| |
|1/3/2014||Richard Posey||Director||Sell||1,219||$76.95||$93,802.05|| |
|1/2/2014||F Timothy Reese||VP||Sell||3,201||$77.13||$246,893.13|| |
|12/19/2013||F Timothy Reese||VP||Sell||2,465||$76.35||$188,202.75|| |
|12/4/2013||F Timothy Reese||VP||Sell||1,789||$69.49||$124,317.61|| |
|11/14/2013||F Timothy Reese||VP||Sell||2,396||$69.30||$166,042.80|| |
|11/5/2013||F Timothy Reese||VP||Sell||1,776||$71.26||$126,557.76|| |
|10/28/2013||Ronald W Kaplan||CEO||Sell||43,989||$64.70||$2,846,088.30|| |
|10/28/2013||William R Gupp||CAO||Sell||13,916||$65.38||$909,828.08|| |
|10/25/2013||James E Cline||CFO||Sell||15,050||$59.95||$902,247.50|| |
|10/18/2013||F Timothy Reese||VP||Sell||2,105||$50.35||$105,986.75|| |
|7/3/2013||F Timothy Reese||VP||Sell||1,573||$45.24||$71,162.52|| |
|7/3/2013||William R Gupp||CAO||Sell||1,995||$46.82||$93,405.90|| |
|6/5/2013||Ronald W Kaplan||CEO||Sell||11,708||$54.17||$634,222.36|| |
|6/5/2013||William R Gupp||CAO||Sell||2,037||$54.57||$111,159.09|| |
|1/18/2013||F Timothy Reese||VP||Sell||5,232||$40.17||$210,169.44|| |
|1/17/2013||William F Andrews||Director||Sell||1,500||$41.02||$61,530.00|| |
|12/5/2012||F Timothy Reese||VP||Sell||1,310||$40.61||$53,199.10|| |
|8/22/2012||Adam Dante Zambanini||VP||Sell||2,132||$29.14||$62,126.48|| |
|8/21/2012||James E Cline||CFO||Sell||4,780||$29.15||$139,337.00|| |
Headline Trends for Trex Company (NYSE:TREX)
Latest Headlines for Trex Company (NYSE:TREX)
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