Trex (NYSE:TREX) Raised to Buy at Loop Capital

Trex (NYSE:TREX) was upgraded by equities researchers at Loop Capital from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday,Finviz reports. The brokerage currently has a $53.00 price objective on the construction company’s stock. Loop Capital’s price objective would suggest a potential upside of 27.88% from the company’s previous close.

Several other research analysts also recently commented on the company. Barclays set a $32.00 target price on Trex in a research note on Monday, December 8th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Trex in a research report on Monday, December 29th. Zelman & Associates downgraded shares of Trex from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 5th. Robert W. Baird set a $48.00 target price on shares of Trex in a research note on Monday, January 12th. Finally, Truist Financial decreased their price target on shares of Trex from $75.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Ten analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $46.73.

Trex Trading Up 2.9%

NYSE TREX opened at $41.45 on Wednesday. The firm has a market capitalization of $4.44 billion, a P/E ratio of 22.52 and a beta of 1.58. The firm’s fifty day moving average price is $40.29 and its two-hundred day moving average price is $45.64. Trex has a 1 year low of $29.77 and a 1 year high of $68.78.

Trex (NYSE:TREX) last released its quarterly earnings data on Tuesday, February 24th. The construction company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.05. Trex had a net margin of 16.76% and a return on equity of 21.90%. The company had revenue of $161.13 million for the quarter, compared to analyst estimates of $144.39 million. During the same period in the previous year, the business earned $0.09 EPS. Trex’s revenue for the quarter was down 3.9% compared to the same quarter last year. On average, research analysts anticipate that Trex will post 2.04 EPS for the current fiscal year.

Institutional Investors Weigh In On Trex

Several institutional investors have recently made changes to their positions in the stock. Invesco Ltd. increased its stake in Trex by 38.8% during the 4th quarter. Invesco Ltd. now owns 287,265 shares of the construction company’s stock worth $10,077,000 after acquiring an additional 80,261 shares during the period. Corient Private Wealth LLC raised its stake in Trex by 210.9% in the fourth quarter. Corient Private Wealth LLC now owns 12,052 shares of the construction company’s stock valued at $423,000 after purchasing an additional 8,175 shares in the last quarter. Alberta Investment Management Corp bought a new stake in Trex during the fourth quarter worth about $989,000. Mercer Global Advisors Inc. ADV grew its stake in Trex by 100.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 47,017 shares of the construction company’s stock worth $1,649,000 after buying an additional 23,612 shares in the last quarter. Finally, Kanen Wealth Management LLC bought a new position in Trex in the 4th quarter valued at about $8,830,000. 95.96% of the stock is currently owned by institutional investors.

More Trex News

Here are the key news stories impacting Trex this week:

• Positive Sentiment: Q4 results beat estimates: Trex reported $0.04 EPS vs. a consensus loss of $0.01 and revenue of $161.13M vs. $144.39M expected; gross margin remained healthy (~30%). The beat and margin resilience are driving optimism around near‑term profitability. Q4 Results
• Positive Sentiment: Management transition appears orderly: long‑time CEO Bryan Fairbanks will retire in April and COO Adam Zambanini is named CEO — an internal successor that markets often view as continuity rather than disruption. CEO Succession
• Neutral Sentiment: FY‑2026 sales target set near $1.185B–$1.23B with management citing railing momentum — guidance that roughly lines up with consensus but leaves room for execution risk. Investors will watch how margins and volumes track to that range. 2026 Sales Target
• Neutral Sentiment: Management commentary (earnings call/transcript) emphasized navigating near‑term headwinds while pointing to product/railing momentum — useful context but not definitive upside until follow‑through. Earnings Call Transcript
• Negative Sentiment: Top‑line softness vs. prior year: Q4 revenue was down ~3.9% year‑over‑year and EPS is lower than the prior year, highlighting ongoing demand variability in decking and railing. That tempers enthusiasm from the beat. Q4 YoY Trends
• Negative Sentiment: Large institutional selling: Wasatch Advisors disclosed selling ~1.56M shares (~$63M) in Q4, which could continue to apply selling pressure and weigh on the stock until buying demand absorbs supply. Wasatch Sale

Trex Company Profile

Trex Company, Inc is a leading manufacturer of wood-alternative decking and railing systems designed for residential and commercial outdoor living environments. The company’s core offerings feature composite decking products made from a proprietary blend of recycled wood fibers and plastic film, which deliver enhanced durability, resistance to rot and insect damage, and low maintenance compared to traditional wood. Trex also provides matching railing, lighting, fencing and cladding solutions that allow customers to create cohesive, high-performance outdoor spaces.

Trex’s product portfolio is organized into multiple performance tiers, including premium, mid-range and value-oriented lines.