UBS Group Issues Positive Forecast for Trex (NYSE:TREX) Stock Price

Trex (NYSE:TREX) had its target price increased by research analysts at UBS Group from $52.00 to $58.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the construction company’s stock. UBS Group’s price target suggests a potential upside of 38.65% from the stock’s current price.

A number of other equities analysts have also recently issued reports on the company. Stifel Nicolaus set a $37.50 price target on Trex and gave the stock a “hold” rating in a report on Monday. Benchmark cut shares of Trex from a “buy” rating to a “hold” rating in a report on Wednesday, February 11th. Truist Financial dropped their price objective on shares of Trex from $75.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Barclays increased their price objective on shares of Trex from $32.00 to $39.00 and gave the stock an “underweight” rating in a research report on Wednesday. Finally, Loop Capital raised Trex from a “hold” rating to a “buy” rating and boosted their target price for the company from $45.00 to $53.00 in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Trex presently has an average rating of “Hold” and a consensus target price of $47.38.

Trex Price Performance

NYSE TREX traded up $0.38 during mid-day trading on Wednesday, reaching $41.83. 3,170,369 shares of the stock were exchanged, compared to its average volume of 2,051,033. The stock has a market cap of $4.49 billion, a P/E ratio of 22.76 and a beta of 1.58. Trex has a one year low of $29.77 and a one year high of $68.78. The stock has a 50 day simple moving average of $40.29 and a 200-day simple moving average of $45.64.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TREX. Wellington Management Group LLP lifted its holdings in Trex by 266.0% during the 4th quarter. Wellington Management Group LLP now owns 7,225,393 shares of the construction company’s stock worth $253,467,000 after purchasing an additional 5,251,297 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Trex by 143.8% in the fourth quarter. AQR Capital Management LLC now owns 3,895,534 shares of the construction company’s stock worth $136,655,000 after buying an additional 2,297,533 shares in the last quarter. Norges Bank bought a new position in shares of Trex in the fourth quarter valued at approximately $62,904,000. Freestone Grove Partners LP purchased a new position in Trex during the fourth quarter valued at approximately $53,951,000. Finally, Impax Asset Management Group plc increased its holdings in Trex by 93.0% during the 3rd quarter. Impax Asset Management Group plc now owns 1,934,581 shares of the construction company’s stock worth $99,354,000 after acquiring an additional 932,247 shares during the period. 95.96% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Trex

Here are the key news stories impacting Trex this week:

• Positive Sentiment: Q4 results beat estimates: Trex reported Q4 revenue of $161.1M (vs. ~$144M consensus) and EPS of $0.04 (vs. -$0.01 est.), with ~30% gross margin — a clear catalyst for the rally. Earnings Release
• Positive Sentiment: Management set a FY2026 sales target (~$1.185B–$1.23B) and highlighted railing momentum — guidance that supports revenue recovery expectations. Sales Target Article
• Positive Sentiment: Planned CEO succession: long-time CEO Bryan Fairbanks will retire in April and COO Adam Zambanini will be named CEO — an internal, orderly transition that investors often view as continuity-positive. CEO Succession Press Release
• Positive Sentiment: Analyst upgrade: Loop Capital upgraded TREX from Hold to Buy and raised its price target to $53, signaling bullish conviction from at least one broker. Loop Capital Upgrade
• Neutral Sentiment: Earnings call coverage and transcript provide detail on margin drivers and inventory/price actions — useful for modeling but not an immediate binary catalyst. Earnings Call Transcript
• Negative Sentiment: Large institutional selling: Wasatch Advisors disclosed selling ~1.56M TREX shares (~$63M), a sizable block that can pressure the stock or signal reallocation by a major holder. Wasatch Sale Report
• Negative Sentiment: Smaller fund sell-off: another filing shows ~107K shares sold (~$4.3M), adding to near-term selling pressure. SEC Filing: Fund Sale
• Negative Sentiment: Mixed analyst signal: Barclays raised its target to $39 but kept an “underweight” rating (implying downside vs. current levels), a cautionary take that could limit upside. Barclays Note

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.