NYSE:TREXTrex Stock Price, Forecast & News

Trex's stock was trading at $87.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TREX stock has increased by 46.4% and is now trading at $127.71. 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) announced its quarterly earnings data on Monday, May, 4th. The construction company reported $0.73 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.60 by $0.13. The construction company had revenue of $200.40 million for the quarter, compared to analysts' expectations of $196.40 million. Trex had a return on equity of 36.67% and a net margin of 20.31%. The firm's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.54 earnings per share. View Trex's earnings history.

Shares of Trex split before market open on Wednesday, May 23rd 2018. The 2-1 split was announced on Monday, May 7th 2018. The newly issued shares were distributed to shareholders after the market closes 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 brokers have issued 12 month target prices for Trex's shares. Their forecasts range from $75.00 to $126.00. On average, they expect Trex's stock price to reach $97.50 in the next twelve months. This suggests that the stock has a possible downside of 23.7%. View analysts' price targets for Trex.

News headlines about TREX stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Trex earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutTrex.

Trex saw a increase in short interest in 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 trading volume of 1,000,000 shares, the short-interest ratio is presently 11.6 days. Currently, 20.2% of the company's stock are sold short. 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), AAON (AAON), Universal Forest Products (UFPI), 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 a number of retail and institutional investors. Top institutional shareholders 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 bought 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 $127.71.

Trex has a market capitalization of $7.39 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.