Trex Company, Inc. (TREX)

NYSE: TREX · Real-Time Price · USD
68.88
+1.45 (2.15%)
Nov 20, 2024, 4:00 PM EST - Market closed
2.15%
Market Cap 7.38B
Revenue (ttm) 1.18B
Net Income (ttm) 238.57M
Shares Out 107.14M
EPS (ttm) 2.19
PE Ratio 31.46
Forward PE 33.76
Dividend n/a
Ex-Dividend Date n/a
Volume 852,152
Open 67.76
Previous Close 67.43
Day's Range 67.57 - 68.95
52-Week Range 58.68 - 101.91
Beta 1.49
Analysts Buy
Price Target 79.94 (+16.06%)
Earnings Date Oct 28, 2024

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. The company also provides Trex... [Read more]

Sector Industrials
IPO Date Apr 8, 1999
Employees 1,765
Stock Exchange NYSE
Ticker Symbol TREX
Full Company Profile

Financial Performance

In 2023, Trex Company's revenue was $1.09 billion, a decrease of -1.01% compared to the previous year's $1.11 billion. Earnings were $205.38 million, an increase of 11.24%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for TREX stock is "Buy." The 12-month stock price forecast is $79.94, which is an increase of 16.06% from the latest price.

Price Target
$79.94
(16.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Trex Decking and Railing Earn Rave Reviews from Building and Design Experts

WINCHESTER, Va.--(BUSINESS WIRE)--They say the third time is a charm—but what about the seventeenth? That's the number of times Trex Company [NYSE: TREX], the world's largest manufacturer of high-perf...

1 day ago - Business Wire

Trex Company Welcomes New Chief Information Officer to Leadership Team

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing and a leader in high-performance, low-maintenance outdoor liv...

2 days ago - Business Wire

Trex Company's Exclusivity Strategy Drives Shifts in the Distribution Landscape

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing and a leader in high-performance, low-maintenance outdoor liv...

7 days ago - Business Wire

Boise Cascade Goes Exclusive With Trex Railing and Expands Trex Footprint

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company [NYSE: TREX], the world's largest manufacturer of high-performance, wood-alternative decking and railing, has strengthened its relationship with Boise Ca...

Other symbols: BCC
7 days ago - Business Wire

Trex CEO: Rate cuts are positive for repair and remodel companies

Housing costs are a key issue for many, with recent data from the National Association of Realtors (NAR) data showing that the market share of first-time homebuyers reached a historic low while the ag...

15 days ago - Yahoo Finance

Trex CEO on Q3 earnings beat

Bryan Fairbanks, Trex CEO, joins CNBC's 'The Exchange' to discuss Trex's third-quarter earnings beat, growth plans, and more.

16 days ago - CNBC Television

Trex Company Announces November & December 2024 Investor Conference Schedule

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor li...

16 days ago - Business Wire

Trex Company: The Bottom Is In (Rating Upgrade)

With numerous headwinds in the rearview, market sentiment is improving for Trex Company. Trex has 3 tailwinds: growth in Restore & Remodel, a new opportunity in railing, and growth in FCF. At $70, Tre...

17 days ago - Seeking Alpha

Trex Company, Inc. (TREX) Q3 2024 Earnings Call Transcript

Trex Company, Inc. (NYSE:TREX) Q3 2024 Earnings Call Transcript October 28, 2024 5:00 PM ET Company Participants Casey Kotary - IR Amy Fernandez - SVP, CLO and Secretary Bryan Fairbanks - President a...

23 days ago - Seeking Alpha

Trex Company Reports Third Quarter 2024 Results

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor li...

23 days ago - Business Wire

Trex Fortifies Its Position as the #1 Brand of Decking And Residential Railing With Its Most Extensive Line-Up of New Products to Date

WINCHESTER, Va.--(BUSINESS WIRE)--For more than 30 years, the Trex name has been synonymous with high-performance, low-maintenance composite decking – but that's about to change. With the extensive ra...

4 weeks ago - Business Wire

Snavely Forest Products Goes All-in With Trex

WINCHESTER, Va.--(BUSINESS WIRE)--Leading building products distributor Snavely Forest Products is going all-in with Trex. The longtime Trex®-exclusive decking distributor will now sell Trex® railing ...

5 weeks ago - Business Wire

Trex Company Announces Timing of Third Quarter 2024 Earnings Release and Conference Call

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX] the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor liv...

6 weeks ago - Business Wire

Trex Adds Two New Hues With Enhanced Performance to Trex Enhance® Decking Line

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company [NYSE:TREX], the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living p...

2 months ago - Business Wire

Trex Company Announces September 2024 Investor Conference Schedule

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor li...

3 months ago - Business Wire

NexTrex® Grassroots Movement Proves a Sustainable Success Story

Trex Company Plastic Recycling Initiative Achieves 227% Growth in Just Two Years Trex Company Plastic Recycling Initiative Achieves 227% Growth in Just Two Years

3 months ago - GlobeNewsWire

Trex Company Reports on Recent Share Repurchases

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor li...

3 months ago - Business Wire

Trex Company Appoints Chris Keffer as New Independent Member of Trex Board of Directors

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor li...

3 months ago - Business Wire

Trex Company, Inc. (TREX) Q2 2024 Earnings Call Transcript

Trex Company, Inc. (TREX) Q2 2024 Earnings Call Transcript

3 months ago - Seeking Alpha

Trex Company Reports Second Quarter 2024 Results

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor li...

3 months ago - Business Wire

Trex Introduces New All-In-One Railing Post Kits

Budget-friendly post sleeve, cap and skirt packages make railing selection and installation a breeze Budget-friendly post sleeve, cap and skirt packages make railing selection and installation a breez...

3 months ago - GlobeNewsWire

Trex Launches New Trex Signature® X-Series™ Railing

Cable and Glass Railing Options Enhance Style and Specification X-ponentially Cable and Glass Railing Options Enhance Style and Specification X-ponentially

4 months ago - GlobeNewsWire

Trex Company Announces Timing of Second Quarter 2024 Earnings Release and Conference Call

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor li...

4 months ago - Business Wire

Trex 2023 Sustainability Report Showcases the Company's Ongoing Progress

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor li...

5 months ago - Business Wire

Trex: A Wonderful Company At A Fair Price

TREX is a high-quality, maintenance-free faux wood product that is popular among homeowners. The company is the market leader in synthetic wood products, with potential for growth in decking and raili...

5 months ago - Seeking Alpha