Trex Stock Forecast, Price & News

Trex's stock was trading at $43.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TREX shares have increased by 52.2% and is now trading at $66.38.
View which stocks have been most impacted by COVID-19.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trex in the last year. There are currently 2 sell ratings, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Trex.

Trex is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Trex.

Trex Company Inc (NYSE:TREX) released its quarterly earnings data on Monday, August, 3rd. The construction company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.08. The construction company had revenue of $220.65 million for the quarter, compared to analysts' expectations of $201.21 million. Trex had a return on equity of 36.64% and a net margin of 21.41%. The business's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.31 earnings per share.
View Trex's earnings history.

Shares of Trex split on the morning of Monday, September 14th 2020. The 2-1 split was announced on Monday, August 3rd 2020. The newly created shares were issued to shareholders after the market closes on Friday, September 11th 2020. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split.

Trex issued an update on its third quarter 2020 After-Hours earnings guidance on Monday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $215-225 million, compared to the consensus revenue estimate of $193.94 million.

13 equities research analysts have issued 12 month price targets for Trex's shares. Their forecasts range from $49.00 to $71.50. On average, they expect Trex's stock price to reach $63.77 in the next year. This suggests that the stock has a possible downside of 3.9%.
View analysts' price targets for Trex.

Some companies that are related to Trex include Masco (MAS), Fortune Brands Home & Security (FBHS), Lennox International (LII), A. O. Smith (AOS), Owens Corning (OC), Simpson Manufacturing (SSD), Builders FirstSource (BLDR), Universal Forest Products (UFPI), Armstrong World Industries (AWI), AAON (AAON), Gibraltar Industries (ROCK), American Woodmark (AMWD), Patrick Industries (PATK), Griffon (GFF) and PGT Innovations (PGTI).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Trex investors own include NVIDIA (NVDA), Square (SQ), Shopify (SHOP), Trade Desk (TTD), salesforce.com (CRM), Walt Disney (DIS), Skyworks Solutions (SWKS), Okta (OKTA), Docusign (DOCU) and Netflix (NFLX).

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

Trex's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.13%), Bamco Inc. NY (4.07%), William Blair Investment Management LLC (3.50%), Wasatch Advisors Inc. (3.09%), Conestoga Capital Advisors LLC (1.89%) and Macquarie Group Ltd. (1.52%). Company insiders that own Trex stock include Adam Dante Zambanini, Bryan Horix Fairbanks, Christopher Paul Gerhard, James E Cline, Jay M Gratz, Jay T Scripter, Patricia B Robinson, Richard E Posey and William R Gupp.
View institutional ownership trends for Trex.

TREX stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Wasatch Advisors Inc., Vanguard Group Inc., Emerald Advisers LLC, Victory Capital Management Inc., Emerald Mutual Fund Advisers Trust, Stephens Investment Management Group LLC, and Charles Schwab Investment Management Inc.. Company insiders that have sold Trex company stock in the last year include Adam Dante Zambanini, Bryan Horix Fairbanks, James E Cline, and Jay M Gratz.
View insider buying and selling activity for Trex.

TREX stock was purchased by a variety of institutional investors in the last quarter, including Axiom International Investors LLC DE, Goldman Sachs Group Inc., Thrivent Financial for Lutherans, FMR LLC, Balyasny Asset Management LLC, Conestoga Capital Advisors LLC, State Board of Administration of Florida Retirement System, and Cubist Systematic Strategies LLC.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of TREX stock can currently be purchased for approximately $66.38.

Trex has a market capitalization of $7.68 billion and generates $745.35 million in revenue each year. The construction company earns $144.74 million in net income (profit) each year or $2.47 on an earnings per share basis. Trex employs 1,173 workers across the globe.

The official website for Trex is www.trex.com.

Trex's mailing address is 160 EXETER DRIVE, WINCHESTER VA, 22603. The construction company can be reached via phone at 540-542-6300.