Trex Company, Inc. (NYSE:TREX) Receives $71.93 Consensus Price Target from Brokerages

Trex Company, Inc. (NYSE:TREX) has earned a consensus recommendation of “Moderate Buy” from the nineteen brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, eight have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $71.00.

A number of research firms have weighed in on TREX. The Goldman Sachs Group decreased their price objective on Trex from $83.00 to $73.00 and set a “buy” rating on the stock in a report on Monday. Wall Street Zen upgraded Trex from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Trex in a research report on Wednesday, October 8th. DA Davidson set a $60.00 price objective on Trex and gave the stock a “neutral” rating in a research note on Thursday. Finally, Robert W. Baird upgraded Trex from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $65.00 to $75.00 in a research note on Thursday, July 10th.

Trex Price Performance

Shares of TREX stock opened at $51.39 on Tuesday. Trex has a one year low of $49.01 and a one year high of $80.74. The stock has a market cap of $5.51 billion, a P/E ratio of 29.71, a price-to-earnings-growth ratio of 2.10 and a beta of 1.49. The stock has a fifty day moving average price of $58.29 and a 200 day moving average price of $58.28.

Trex (NYSE:TREX) last announced its quarterly earnings data on Monday, August 4th. The construction company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. The company had revenue of $387.80 million during the quarter, compared to analysts’ expectations of $377.49 million. Trex had a net margin of 16.53% and a return on equity of 21.27%. The business’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.80 EPS. Trex has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Trex will post 2.04 EPS for the current year.

Insider Buying and Selling

In other Trex news, SVP Amy M. Fernandez sold 1,538 shares of the business’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $64.18, for a total value of $98,708.84. Following the transaction, the senior vice president directly owned 22,953 shares in the company, valued at $1,473,123.54. The trade was a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.74% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of TREX. Wealth Enhancement Advisory Services LLC increased its holdings in Trex by 14.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,150 shares of the construction company’s stock valued at $770,000 after purchasing an additional 1,379 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Trex by 13,708.1% during the first quarter. GAMMA Investing LLC now owns 96,795 shares of the construction company’s stock worth $5,624,000 after purchasing an additional 96,094 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of Trex by 12.3% during the first quarter. Park Avenue Securities LLC now owns 8,361 shares of the construction company’s stock worth $486,000 after purchasing an additional 917 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Trex by 494.7% during the first quarter. SG Americas Securities LLC now owns 36,495 shares of the construction company’s stock worth $2,120,000 after purchasing an additional 30,358 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Trex by 26.0% during the first quarter. Janney Montgomery Scott LLC now owns 70,990 shares of the construction company’s stock worth $4,125,000 after purchasing an additional 14,670 shares during the last quarter. Institutional investors own 95.96% of the company’s stock.

Trex Company Profile

Trex Company, Inc manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, 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.