NYSE:TREXTrex Stock Price, Forecast & News

Trex's stock was trading at $87.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TREX stock has increased by 37.7% and is now trading at $120.12. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trex in the last year. There are currently 2 sell ratings, 7 hold ratings and 4 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, August 3rd 2020. View our earnings forecast for Trex.

Trex Company Inc (NYSE:TREX) posted its quarterly earnings results on Monday, May, 4th. The construction company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.60 by $0.13. The construction company earned $200.40 million during the quarter, compared to analyst estimates of $196.40 million. Trex had a return on equity of 36.67% and a net margin of 20.31%. The business's revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the company earned $0.54 EPS. View Trex's earnings history.

Shares of Trex split on the morning of Wednesday, May 23rd 2018. The 2-1 split was announced on Monday, May 7th 2018. The newly issued shares were payable to shareholders after the closing bell on Monday, June 18th 2018. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split.

Trex updated its second quarter 2020 After-Hours earnings guidance on Monday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $180-190 million, compared to the consensus revenue estimate of $189.87 million.

13 brokerages have issued 12 month target prices for Trex's stock. Their forecasts range from $75.00 to $126.00. On average, they anticipate Trex's stock price to reach $97.50 in the next twelve months. This suggests that the stock has a possible downside of 18.8%. View analysts' price targets for Trex.

News headlines about TREX stock have been trending very positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. 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 daily sentiment score of 3.5 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutTrex.

Trex saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,600,000 shares, an increase of 10.0% from the April 30th total of 10,550,000 shares. Based on an average daily volume of 1,000,000 shares, the days-to-cover ratio is presently 11.6 days. Currently, 20.2% of the company's shares are short sold. View Trex's Current Options Chain.

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), Armstrong World Industries (AWI), Simpson Manufacturing (SSD), Universal Forest Products (UFPI), AAON (AAON), Builders FirstSource (BLDR), Gibraltar Industries (ROCK), Patrick Industries (PATK), American Woodmark (AMWD), PGT Innovations (PGTI) and Griffon (GFF). View all competitors.

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

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

Trex's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.91%), William Blair Investment Management LLC (5.34%), Clearbridge Investments LLC (5.33%), Alliancebernstein L.P. (4.21%), Wasatch Advisors Inc. (4.15%) and State Street Corp (3.60%). Company insiders that own Trex stock include Adam Dante Zambanini, Bryan Horix Fairbanks, Christopher Paul Gerhard, Frank H Merlotti Jr, 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, Janus Henderson Group PLC, Clearbridge Investments LLC, UBS Group AG, Emerald Mutual Fund Advisers Trust, Conestoga Capital Advisors LLC, Balyasny Asset Management LLC, and Disciplined Growth Investors Inc. MN. Company insiders that have sold Trex company stock in the last year 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 insider buying and selling activity for Trex.

TREX stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Alliancebernstein L.P., Victory Capital Management Inc., Victory Capital Management Inc., TimesSquare Capital Management LLC, Columbus Circle Investors, Invesco Ltd., and Wasatch Advisors Inc.. 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 $120.12.

Trex has a market capitalization of $6.95 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.