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Trex Company (TREX)
NYSE:TREX
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TREX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$53.59 - $101.91
Previous Close$69.15
Volume1.70M
Average Volume (3M)1.20M
Market Cap
$7.52B
Enterprise Value$7.61B
Total Cash (Recent Filing)$1.17M
Total Debt (Recent Filing)$91.32M
Price to Earnings (P/E)28.6
Beta1.86
Next Earnings
Oct 28, 2024EPS Estimate
$0.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.42
Shares Outstanding108,706,697
10 Day Avg. Volume1,121,537
30 Day Avg. Volume1,198,521
Standard Deviation0.14
R-Squared0.33
Alpha-0.00249
Financial Highlights & Ratios
Price to Book (P/B)8.40
Price to Sales (P/S)6.02
Price to Cash Flow (P/CF)9.70
P/FCF Ratio11.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.09
Enterprise Value/Gross Profit16.81
Enterprise Value/Ebitda24.97
Forecast
1Y Price Target
$78.00Price Target Upside12.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Trex Company News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEBITDA increased 11.4% y/y to $130.4M from $117.1M a year ago. Results beat our Street matching $128M estimate.
Market PositionTrex Company, Inc. is the largest North American manufacturer of composite decking and railing products.
Product LaunchTrex highlighted strong customer adoption of the Select T-Rail and Trex branded fastener products and remains excited by the recent launch of the all-in-one post kit, X Series cable rail, and X Series frameless glass rail.
Bears Say
DemandComposite decking demand is falling short of prior expectations.
Revenue GuidanceTREX expects 2H revenue to decline >20% YoY at the mid-point of guidance vs. prior expectation of down (5%) due to lower sell-through assumptions and channel destocking.
Sales PerformanceTREX guided 3Q24 sales well short of Street estimates ($220-230M vs $290M) and cut full year guidance on weaker entry and mid-level product sales in addition to general economic uncertainty.
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Ownership Overview
3.73% Insiders
36.23% Mutual Funds
53.65% Other Institutional Investors
6.39% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TREX FAQ
What was Trex Company’s price range in the past 12 months?
Trex Company lowest stock price was $53.59 and its highest was $101.91 in the past 12 months.
What is Trex Company’s market cap?
Currently, no data Available
When is Trex Company’s upcoming earnings report date?
Trex Company’s upcoming earnings report date is Oct 28, 2024 which is 8 days ago.
How were Trex Company’s earnings last quarter?
Trex Company released its earnings results on Aug 06, 2024. The company reported $0.8 earnings per share for the quarter, beating the consensus estimate of $0.776 by $0.024.
Is Trex Company overvalued?
According to Wall Street analysts Trex Company’s price is currently Undervalued.
Does Trex Company pay dividends?
Trex Company does not currently pay dividends.
What is Trex Company’s EPS estimate?
Trex Company’s EPS estimate is $0.32.
How many shares outstanding does Trex Company have?
Trex Company has 108,706,696 shares outstanding.
What happened to Trex Company’s price movement after its last earnings report?
Trex Company reported an EPS of $0.8 in its last earnings report, beating expectations of $0.776. Following the earnings report the stock price went down -21.539%.
Which hedge fund is a major shareholder of Trex Company?
Among the largest hedge funds holding Trex Company’s share is Fisher Asset Management LLC. It holds Trex Company’s shares valued at 7M.
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Trex Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$78.00 (12.80% Upside)
$78.00 (12.80% Upside)
Blogger Sentiment
Bullish
TREX Sentiment 83%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 26.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.10%
12-Months-Change
Fundamentals
Return on Equity
34.68%
Trailing 12-Months
Asset Growth
18.71%
Trailing 12-Months
Company Description
Trex Company
Trex Co., Inc. engages in the manufacture of wood-alternative decking and railing. Its products include deck framing and drainage, outdoor lighting, furniture, pergola and outdoor kitchens, fencing, collections, and accessory hardware. It operates through the following segments Trex Residential Products and Trex Commercial Products. The company was founded by Andrew U. Ferrari and Roger A. Wittenberg on September 4, 1998 and is headquartered in Winchester, VA.
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TREX Earnings Call
Q2 2024
0:00 / 0:00
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TREX Stock 12 Month Forecast
Average Price Target
$78.00
▲(12.80% Upside)
Technical Analysis
Best Analysts Covering TREX
1 Year
1 Year Success Rate
8/11 ratings generated profit
1 Year Average Return
+15.40%
reiterated a buy rating 3 months ago
Copying Reuben Garner's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +15.40% per trade.
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