S&P 500   4,305.20 (+0.19%)
DOW   34,152.01 (+0.71%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
S&P 500   4,305.20 (+0.19%)
DOW   34,152.01 (+0.71%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
S&P 500   4,305.20 (+0.19%)
DOW   34,152.01 (+0.71%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
S&P 500   4,305.20 (+0.19%)
DOW   34,152.01 (+0.71%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
NYSE:TREX

Trex - TREX Stock Forecast, Price & News

$56.87
-0.71 (-1.23%)
(As of 08/16/2022 05:17 PM ET)
Add
Compare
Today's Range
$55.72
$57.98
50-Day Range
$50.07
$66.09
52-Week Range
$49.31
$140.98
Volume
953,445 shs
Average Volume
1.32 million shs
Market Capitalization
$6.27 billion
P/E Ratio
25.05
Dividend Yield
N/A
Price Target
$76.53

Trex MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
34.2% Upside
$76.53 Price Target
Short Interest
Bearish
9.91% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.10mentions of Trex in the last 14 days
Based on 48 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.14%
From $1.86 to $2.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Construction Sector

36th out of 105 stocks

Lumber & Wood Products, Except Furniture Industry

2nd out of 4 stocks

TREX stock logo

About Trex (NYSE:TREX) Stock

Trex Company, Inc. manufactures and distributes decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. The company operates in two segments, Trex Residential and Trex Commercial. It offers decking products under the names Trex Transcend, Trex Select, 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. The company also provides Trex Transcend Railing products that are used in Trex decking products and other decking materials; Trex Select Railing products for a simple clean finished look; Trex Enhance Railing system; and Trex Signature aluminum railing for a contemporary look. In addition, it offers Trex Seclusions, a fencing product that includes structural posts, bottom and top rails, pickets, and decorative post caps. In addition, it designs, engineers, and markets architectural and aluminum railing systems, and staging equipment and accessories for the commercial market, as well as sports stadiums and performing arts venues. Further, the company acts as a licensor in various licensing agreements with third parties to manufacture and sell products under the Trex name, including Trex Outdoor Furniture; Trex RainEscape, an above joist deck drainage system; Trex Pergola, a cellular PVC product; Trex Latticeworks outdoor lattice boards; Trex Cornhole boards; Diablo Trex Blade, a saw blade for wood-alternative composite decking; Trex SpiralStairs and structural steel posts; and Trex Outdoor Kitchens, Cabinetry, and Storage products. It 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. Trex Company, Inc. was founded in 1996 and is headquartered in Winchester, Virginia.

Wall Street Analyst Weigh In

Several research firms have recently commented on TREX. Bank of America started coverage on shares of Trex in a report on Monday, April 25th. They issued an "underperform" rating and a $60.00 price target for the company. Exane BNP Paribas upgraded Trex from an "underperform" rating to a "neutral" rating in a research report on Friday, May 20th. Credit Suisse Group upgraded Trex from an "underperform" rating to a "neutral" rating and set a $65.00 price objective for the company in a research report on Tuesday, May 10th. Stifel Nicolaus dropped their target price on Trex from $77.00 to $68.00 in a research report on Tuesday, August 9th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Trex from $66.00 to $54.00 in a report on Friday, July 15th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $76.53.

Trex Stock Performance

TREX traded down $1.40 during trading on Monday, reaching $57.58. The company had a trading volume of 789,243 shares, compared to its average volume of 1,320,202. Trex has a 12-month low of $49.31 and a 12-month high of $140.98. The company has a market cap of $6.35 billion, a price-to-earnings ratio of 25.37, a PEG ratio of 8.58 and a beta of 1.49. The firm's 50-day simple moving average is $58.38 and its 200 day simple moving average is $66.71.

Trex (NYSE:TREX - Get Rating) last released its quarterly earnings results on Monday, August 8th. The construction company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.12. Trex had a net margin of 18.94% and a return on equity of 42.33%. The business had revenue of $386.25 million for the quarter, compared to analyst estimates of $380.22 million. During the same quarter in the previous year, the business earned $0.53 earnings per share. The firm's revenue was up 24.0% compared to the same quarter last year. On average, sell-side analysts expect that Trex will post 1.86 EPS for the current year.

Receive TREX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Trex and its competitors with MarketBeat's FREE daily newsletter.

TREX Stock News Headlines

Trex (NYSE:TREX) Given New $58.00 Price Target at DA Davidson
Bear of the Day: Trex (TREX)
Trex (NYSE:TREX) Price Target Cut to $65.00
DA Davidson Cuts Trex (NYSE:TREX) Price Target to $58.00
Trex (NYSE:TREX) PT Lowered to $68.00
Trex (NYSE:TREX) Given New $65.00 Price Target at Stephens
Trex (NYSE:TREX) Given New $53.00 Price Target at Barclays
Here's Why Trex Stock Got Hammered Today
Trex: Q2 Earnings Snapshot - Greenwich Time
Trex (TREX) Beats Q2 Earnings and Revenue Estimates
See More Headlines
Receive TREX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Trex and its competitors with MarketBeat's FREE daily newsletter.

TREX Company Calendar

Last Earnings
8/08/2022
Today
8/16/2022
Next Earnings (Estimated)
11/14/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Lumber & wood products, except furniture
Sub-Industry
Building Products
CUSIP
89531P10
Employees
1,924
Year Founded
1996

Price Target and Rating

Average Stock Price Forecast
$76.53
High Stock Price Forecast
$111.00
Low Stock Price Forecast
$53.00
Forecasted Upside/Downside
+34.6%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
18 Analysts

Profitability

Net Income
$208.74 million
Pretax Margin
25.01%

Debt

Sales & Book Value

Annual Sales
$1.20 billion
Cash Flow
$2.79 per share
Book Value
$6.30 per share

Miscellaneous

Free Float
109,568,000
Market Cap
$6.27 billion
Optionable
Optionable
Beta
1.49

Social Links















TREX Stock - Frequently Asked Questions

Should I buy or sell Trex stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trex in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TREX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TREX, but not buy additional shares or sell existing shares.
View TREX analyst ratings
or view top-rated stocks.

What is Trex's stock price forecast for 2022?

18 equities research analysts have issued twelve-month target prices for Trex's shares. Their TREX share price forecasts range from $53.00 to $111.00. On average, they predict the company's stock price to reach $76.53 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price.
View analysts price targets for TREX
or view top-rated stocks among Wall Street analysts.

How have TREX shares performed in 2022?

Trex's stock was trading at $135.03 at the start of the year. Since then, TREX stock has decreased by 57.4% and is now trading at $57.58.
View the best growth stocks for 2022 here
.

When is Trex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our TREX earnings forecast
.

How were Trex's earnings last quarter?

Trex Company, Inc. (NYSE:TREX) announced its quarterly earnings results on Monday, August, 8th. The construction company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.12. The construction company had revenue of $386.25 million for the quarter, compared to the consensus estimate of $380.22 million. Trex had a net margin of 18.94% and a trailing twelve-month return on equity of 42.33%. The firm's revenue for the quarter was up 24.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.53 earnings per share.

When did Trex's stock split?

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

What guidance has Trex issued on next quarter's earnings?

Trex updated its third quarter 2022 earnings guidance on Tuesday, August, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $185.00 million-$195.00 million, compared to the consensus revenue estimate of $355.01 million.

What is Bryan Fairbanks' approval rating as Trex's CEO?

4 employees have rated Trex Chief Executive Officer Bryan Fairbanks on Glassdoor.com. Bryan Fairbanks has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Trex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Trex investors own include NVIDIA (NVDA), Block (SQ), Shopify (SHOP), Trade Desk (TTD), Walt Disney (DIS), Salesforce (CRM), Skyworks Solutions (SWKS), Tesla (TSLA), DocuSign (DOCU) and Mastercard (MA).

What is Trex's stock symbol?

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

Who are Trex's major shareholders?

Trex's stock is owned by many different retail and institutional investors. Top institutional shareholders include Clearbridge Investments LLC (3.94%), State Street Corp (3.23%), Macquarie Group Ltd. (3.22%), William Blair Investment Management LLC (2.66%), Artisan Partners Limited Partnership (1.71%) and Conestoga Capital Advisors LLC (1.57%). Insiders that own company stock include Adam Dante Zambanini, Bryan Horix Fairbanks, Dennis Charles Schemm, James E Cline, James E Cline, Jay M Gratz, Michael F Golden, Patricia B Robinson, Richard E Posey, William R Gupp and William R Gupp.
View institutional ownership trends
.

How do I buy shares of Trex?

Shares of TREX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Trex's stock price today?

One share of TREX stock can currently be purchased for approximately $57.58.

How much money does Trex make?

Trex (NYSE:TREX) has a market capitalization of $6.35 billion and generates $1.20 billion in revenue each year. The construction company earns $208.74 million in net income (profit) each year or $2.27 on an earnings per share basis.

How many employees does Trex have?

The company employs 1,924 workers across the globe.

When was Trex founded?

Trex was founded in 1996.

How can I contact Trex?

Trex's mailing address is 160 EXETER DRIVE, WINCHESTER VA, 22603. The official website for the company is www.trex.com. The construction company can be reached via phone at (540) 542-6300 or via fax at 540-678-1820.

This page (NYSE:TREX) was last updated on 8/16/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.