Trex (TREX) to Release Earnings on Thursday

Trex (NYSE:TREX) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect Trex to post earnings of $0.58 per share and revenue of $329.11 million for the quarter. Trex has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Trex (NYSE:TREX) last issued its quarterly earnings data on Monday, February 24th. The construction company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.05. Trex had a net margin of 20.23% and a return on equity of 28.89%. The firm had revenue of $167.63 million for the quarter, compared to analyst estimates of $160.54 million. On average, analysts expect Trex to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Trex Stock Down 3.2 %

Shares of NYSE TREX opened at $58.12 on Wednesday. The business’s 50 day moving average is $57.10 and its two-hundred day moving average is $65.90. Trex has a 52-week low of $49.01 and a 52-week high of $93.96. The firm has a market cap of $6.23 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 2.51 and a beta of 1.62.

Analyst Ratings Changes

TREX has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on Trex in a report on Tuesday, April 1st. They issued a “buy” rating and a $85.00 price objective on the stock. Truist Financial dropped their price objective on shares of Trex from $100.00 to $90.00 and set a “buy” rating for the company in a report on Tuesday, February 25th. Barclays reduced their target price on shares of Trex from $67.00 to $54.00 and set an “underweight” rating on the stock in a report on Tuesday, April 8th. DA Davidson restated a “neutral” rating and issued a $74.00 price target on shares of Trex in a research note on Tuesday, February 25th. Finally, Benchmark reaffirmed a “buy” rating and set a $80.00 price objective on shares of Trex in a research report on Monday, March 3rd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Trex currently has an average rating of “Hold” and a consensus target price of $77.18.

Insider Activity at Trex

In other Trex news, Director Melkeya Mcduffie sold 1,420 shares of the company’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $61.88, for a total value of $87,869.60. Following the completion of the transaction, the director now owns 1,705 shares in the company, valued at $105,505.40. This represents a 45.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.71% of the stock is currently owned by corporate insiders.

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.