Brokers Offer Predictions for Trex’s Q1 Earnings (NYSE:TREX)

Trex Company, Inc. (NYSE:TREX) – Research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Trex in a note issued to investors on Tuesday, February 25th. DA Davidson analyst K. Yinger anticipates that the construction company will earn $0.54 per share for the quarter. DA Davidson currently has a “Neutral” rating and a $74.00 target price on the stock. The consensus estimate for Trex’s current full-year earnings is $2.04 per share. DA Davidson also issued estimates for Trex’s FY2026 earnings at $2.52 EPS.

TREX has been the topic of a number of other reports. BMO Capital Markets boosted their target price on shares of Trex from $67.00 to $72.00 and gave the stock a “market perform” rating in a report on Tuesday, October 29th. Truist Financial dropped their price target on Trex from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Tuesday. Citigroup cut their price objective on Trex from $84.00 to $78.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Jefferies Financial Group decreased their target price on Trex from $81.00 to $71.00 and set a “hold” rating on the stock in a report on Tuesday. Finally, UBS Group reduced their target price on Trex from $76.00 to $74.00 and set a “neutral” rating for the company in a report on Tuesday. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $78.38.

Trex Trading Up 1.1 %

Shares of Trex stock opened at $62.33 on Wednesday. Trex has a 52 week low of $58.68 and a 52 week high of $101.91. The stock has a market cap of $6.68 billion, a PE ratio of 28.46, a price-to-earnings-growth ratio of 2.51 and a beta of 1.51. The company’s 50-day moving average price is $69.54 and its two-hundred day moving average price is $68.74.

Trex (NYSE:TREX) last issued its quarterly earnings results 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. The company had revenue of $167.63 million for the quarter, compared to analysts’ expectations of $160.54 million. Trex had a return on equity of 28.89% and a net margin of 20.23%.

Institutional Investors Weigh In On Trex

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. increased its stake in shares of Trex by 54.5% in the fourth quarter. Alliancebernstein L.P. now owns 10,819,326 shares of the construction company’s stock worth $746,858,000 after acquiring an additional 3,818,025 shares during the last quarter. Wasatch Advisors LP increased its position in Trex by 12.8% in the 4th quarter. Wasatch Advisors LP now owns 4,599,521 shares of the construction company’s stock worth $317,505,000 after purchasing an additional 523,113 shares during the last quarter. State Street Corp increased its position in Trex by 1.2% in the 3rd quarter. State Street Corp now owns 3,183,444 shares of the construction company’s stock worth $211,954,000 after purchasing an additional 37,436 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Trex by 463.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,134,849 shares of the construction company’s stock worth $216,400,000 after purchasing an additional 2,578,734 shares in the last quarter. Finally, Bamco Inc. NY lifted its holdings in shares of Trex by 6.2% during the 4th quarter. Bamco Inc. NY now owns 2,153,133 shares of the construction company’s stock valued at $148,631,000 after buying an additional 126,441 shares during the last quarter. Hedge funds and other institutional investors own 95.96% of the company’s stock.

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.