Trex Company, Inc. (NYSE:TREX) Given Consensus Recommendation of “Moderate Buy” by Analysts

Trex Company, Inc. (NYSE:TREX) has been given an average recommendation of “Moderate Buy” by the sixteen brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, six have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $71.9286.

Several brokerages have recently weighed in on TREX. Stephens reduced their price target on Trex from $73.00 to $65.00 and set an “equal weight” rating for the company in a report on Monday, May 12th. Baird R W upgraded Trex from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Benchmark reiterated a “buy” rating and issued a $80.00 price objective on shares of Trex in a report on Monday, May 12th. UBS Group reiterated a “neutral” rating and issued a $74.00 price objective (up from $72.00) on shares of Trex in a report on Tuesday, August 5th. Finally, Robert W. Baird upgraded Trex from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $65.00 to $75.00 in a report on Thursday, July 10th.

Insider Transactions at Trex

In other Trex news, SVP Amy M. Fernandez sold 1,538 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The stock was 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 of the company’s stock, valued at approximately $1,473,123.54. This trade represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.71% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TREX. Armstrong Advisory Group Inc. bought a new stake in Trex in the 2nd quarter worth approximately $31,000. Parallel Advisors LLC increased its stake in Trex by 28.4% in the 2nd quarter. Parallel Advisors LLC now owns 1,049 shares of the construction company’s stock worth $57,000 after acquiring an additional 232 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Trex in the 2nd quarter worth approximately $60,000. Brooklyn Investment Group increased its stake in Trex by 35,733.3% in the 1st quarter. Brooklyn Investment Group now owns 1,075 shares of the construction company’s stock worth $62,000 after acquiring an additional 1,072 shares during the last quarter. Finally, CWM LLC increased its stake in Trex by 16.8% in the 2nd quarter. CWM LLC now owns 1,141 shares of the construction company’s stock worth $62,000 after acquiring an additional 164 shares during the last quarter. 95.96% of the stock is owned by hedge funds and other institutional investors.

Trex Trading Up 5.5%

Shares of Trex stock opened at $64.7240 on Monday. The firm has a market capitalization of $6.94 billion, a P/E ratio of 37.41, a P/E/G ratio of 2.56 and a beta of 1.51. The business has a fifty day simple moving average of $60.95 and a two-hundred day simple moving average of $59.64. Trex has a 12 month low of $49.01 and a 12 month high of $80.74.

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

About Trex

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.