Trex Company, Inc. manufactures and distributes wood/plastic composite products, and related accessories primarily for the residential and commercial decking, and railing applications in the United States. It offers Trex Transcend, Trex Enhance, and Trex Select protective shells for protection against fading, staining, mold, and scratching; and Trex Hideaway, a hidden fastening system for grooved boards. The company also provides railing products, such as Trex Transcend Railing for use with Trex decking products and other decking materials; Trex Select Railing for simple clean finished look; and Trex Signature aluminum railing for contemporary look. In addition, it offers Trex Seclusions fencing product, which includes structural posts, bottom and top rails, pickets, and decorative post caps; steel deck framing systems under the Trex Elevations name; Trex DeckLighting, a line of energy-efficient LED dimmable deck lighting for use on posts, floors, and steps; and Trex LandscapeLighting products. Further, the company acts as a licensor in various licensing agreements with third parties to manufacture and sell products under Trex name, including Trex Outdoor Furniture; Trex RainEscape, an above joist deck drainage system; Trex CustomCurve that allows contractors to heat and bend Trex products; Trex Pergola, a cellular PVC product; Trex Latticeworks outdoor lattice boards; Trex Cornhole boards; Diablo Trex Blade, a saw blade for wood-plastic composite decking; Trex SpiralStairs and structural steel posts; and Trex Outdoor Kitchens, Cabinetry, and Storage. Additionally, it offers architectural and aluminum railing systems, custom railing options, and portable stage platforms. The company sells its products through wholesale distributors, retail lumber dealers, and Home Depot and Lowe's stores, as well as through its direct sales staff, independent sales representatives, and bidding on projects. The company was founded in 1996 and is headquartered in Winchester, Virginia.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryBuilding Products
SectorConstruction
Phone540-542-6300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$684.25 million
Profitability
Miscellaneous
Employees1,120
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable
Trex (NYSE:TREX) Frequently Asked Questions
What is Trex's stock symbol?
Trex trades on the New York Stock Exchange (NYSE) under the ticker symbol "TREX."
When did Trex's stock split? How did Trex's stock split work?
Trex shares split before market open on Wednesday, May 30th 2018. The 2-1 split was announced on Monday, May 7th 2018. The newly minted shares were issued to shareholders after the market closes on Friday, June 15th 2018. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split.
How will Trex's stock buyback program work?
Trex declared that its Board of Directors has initiated a stock repurchase program on Thursday, February 22nd 2018, which authorizes the company to buyback 2,900,000 shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.
How were Trex's earnings last quarter?
Trex Company Inc (NYSE:TREX) issued its earnings results on Thursday, February, 14th. The construction company reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.07. The construction company had revenue of $140 million for the quarter, compared to the consensus estimate of $131.40 million. Trex had a return on equity of 45.17% and a net margin of 19.67%. Trex's revenue was up 14.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.56 EPS. View Trex's Earnings History.
When is Trex's next earnings date?
What guidance has Trex issued on next quarter's earnings?
Trex updated its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $176-176 million, compared to the consensus revenue estimate of $189.58 million.
What price target have analysts set for TREX?
5 brokers have issued 1 year price targets for Trex's shares. Their predictions range from $58.00 to $89.00. On average, they expect Trex's share price to reach $73.40 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Price Targets for Trex.
What is the consensus analysts' recommendation for Trex?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trex in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Trex.
Has Trex been receiving favorable news coverage?
Media headlines about TREX stock have trended somewhat positive on Tuesday, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Trex earned a news impact score of 1.4 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are some of Trex's key competitors?
Some companies that are related to Trex include Lennar (LEN), D. R. Horton (DHI), Vulcan Materials (VMC), HEIDELBERGCEMEN/ADR (HDELY), Rollins (ROL), Lennar (LEN.B), Nippon Paint (NPCPF), Martin Marietta Materials (MLM), Masco (MAS), SEKISUI HOUSE L/S (SKHSY), Jacobs Engineering Group (JEC), Lennox International (LII), NVR (NVR), United Rentals (URI) and PERSIMMON/ADR (PSMMY).
What other stocks do shareholders of Trex own?
Who are Trex's key executives?
Trex's management team includes the folowing people:
- Mr. James E. Cline, Pres, CEO & Director (Age 67)
- Mr. Bryan Horix Fairbanks, Exec. VP & CFO (Age 49)
- Mr. Jay T. Scripter, VP of Operations (Age 56)
- Mr. William R. Gupp, Sr. VP, Gen. Counsel & Sec. (Age 59)
- Mr. Christopher Paul Gerhard, VP of Sales (Age 46)
Who are Trex's major shareholders?
Trex's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.18%), Eagle Asset Management Inc. (2.94%), Dimensional Fund Advisors LP (2.40%), Conestoga Capital Advisors LLC (1.98%), Bank of New York Mellon Corp (1.56%) and Northern Trust Corp (1.37%). Company insiders that own Trex stock include Bryan Horix Fairbanks, Christopher Paul Gerhard, Frank H Merlotti Jr, James E Cline, Jay M Gratz, Jay T Scripter, Michael F Golden, Patricia B Robinson, Richard E Posey and William R Gupp. View Institutional Ownership Trends for Trex.
Which major investors are selling Trex stock?
TREX stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, WINTON GROUP Ltd, MERIAN GLOBAL INVESTORS UK Ltd, BlackRock Inc., Voloridge Investment Management LLC, Frontier Capital Management Co. LLC, United Services Automobile Association and Bank of America Corp DE. Company insiders that have sold Trex company stock in the last year include Bryan Horix Fairbanks, Christopher Paul Gerhard, Frank H Merlotti Jr, James E Cline, Jay T Scripter, Patricia B Robinson, Richard E Posey and William R Gupp. View Insider Buying and Selling for Trex.
Which major investors are buying Trex stock?
TREX stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Westfield Capital Management Co. LP, Millennium Management LLC, Amundi Pioneer Asset Management Inc., Broad Bay Capital Management LP, Handelsbanken Fonder AB, Gotham Asset Management LLC and Eaton Vance Management. View Insider Buying and Selling for Trex.
How do I buy shares of Trex?
Shares of TREX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Trex's stock price today?
One share of TREX stock can currently be purchased for approximately $71.45.
How big of a company is Trex?
Trex has a market capitalization of $4.21 billion and generates $684.25 million in revenue each year. The construction company earns $134.57 million in net income (profit) each year or $2.35 on an earnings per share basis. Trex employs 1,120 workers across the globe.
What is Trex's official website?
How can I contact Trex?
Trex's mailing address is 160 EXETER DRIVE, WINCHESTER VA, 22603. The construction company can be reached via phone at 540-542-6300.
MarketBeat Community Rating for Trex (NYSE TREX)
MarketBeat's community ratings are surveys of what our community members think about Trex and other stocks. Vote "Outperform" if you believe TREX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TREX will underperform the S&P 500 over the long term. You may vote once every thirty days.
