Trex (NYSE:TREX) Price Target Raised to $39.00 at Barclays

Trex (NYSE:TREX) had its price objective raised by equities researchers at Barclays from $32.00 to $39.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has an “underweight” rating on the construction company’s stock. Barclays‘s price objective indicates a potential downside of 7.17% from the company’s current price.

A number of other research analysts have also recently commented on the company. B. Riley Financial restated a “buy” rating and set a $57.00 price target (down from $80.00) on shares of Trex in a research note on Wednesday, November 5th. Loop Capital raised Trex from a “hold” rating to a “buy” rating and upped their price objective for the stock from $45.00 to $53.00 in a research report on Wednesday. Zelman & Associates lowered Trex from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 5th. Vertical Research lowered shares of Trex from a “buy” rating to a “hold” rating and set a $32.00 target price on the stock. in a research note on Wednesday, November 5th. Finally, Stifel Nicolaus set a $37.50 price target on shares of Trex and gave the stock a “hold” rating in a research note on Monday. Ten analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Trex currently has an average rating of “Hold” and a consensus price target of $47.08.

Trex Stock Performance

Shares of NYSE TREX traded up $0.56 during midday trading on Wednesday, reaching $42.01. 2,071,773 shares of the stock were exchanged, compared to its average volume of 2,023,297. The stock has a market capitalization of $4.51 billion, a P/E ratio of 22.88 and a beta of 1.58. Trex has a twelve month low of $29.77 and a twelve month high of $68.78. The company has a 50 day simple moving average of $40.29 and a 200 day simple moving average of $45.64.

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

Institutional Trading of Trex

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. WCM Investment Management LLC raised its stake in shares of Trex by 734.5% during the 3rd quarter. WCM Investment Management LLC now owns 39,566 shares of the construction company’s stock worth $2,033,000 after buying an additional 34,825 shares in the last quarter. Lisanti Capital Growth LLC acquired a new position in shares of Trex during the 3rd quarter worth $3,614,000. Thrivent Financial for Lutherans lifted its stake in shares of Trex by 7.9% in the third quarter. Thrivent Financial for Lutherans now owns 906,892 shares of the construction company’s stock valued at $46,859,000 after purchasing an additional 66,721 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in Trex during the second quarter worth about $3,015,000. Finally, Advantage Alpha Capital Partners LP increased its holdings in Trex by 169.2% in the second quarter. Advantage Alpha Capital Partners LP now owns 75,013 shares of the construction company’s stock valued at $4,079,000 after buying an additional 47,143 shares in the last quarter. 95.96% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Trex

Here are the key news stories impacting Trex this week:

• Positive Sentiment: Loop Capital upgraded TREX from Hold to Buy and raised its price target to $53 (from $45), implying meaningful upside versus the recent share price. Loop Capital Upgrade
• Positive Sentiment: Q4 beat: Trex reported EPS of $0.04 versus a consensus loss and revenue of $161.1M vs. estimates ~ $144M — the upside to revenue and a positive EPS surprise reduce near-term execution risk. Q4 Beat (Zacks)
• Positive Sentiment: Management outlined a 2026 sales target around $1.185B–$1.23B and reiterated roughly $1.2B in revenue guidance for FY26, signaling stability in top-line expectations as railing momentum and product demand continue. 2026 Sales Target (Seeking Alpha)
• Positive Sentiment: Orderly CEO succession announced — Adam D. Zambanini (EVP & COO) will succeed Bryan Fairbanks upon his retirement. The clear transition lowers governance uncertainty and the market has reacted positively so far. CEO Succession (BusinessWire)
• Neutral Sentiment: Quarterly call and transcript provide management commentary on margin dynamics, channel inventory and demand; useful for investors but largely explanatory rather than news-moving on its own. Earnings Call Transcript (Seeking Alpha)
• Negative Sentiment: Wasatch Advisors sold roughly 1.56M Trex shares (~$63M) in Q4 — large institutional selling can increase supply pressure and weigh on the stock despite positive company news. Wasatch Sale (Fool)

About Trex

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.