Trex Company, Inc. (TREX)

NYSE: TREX · IEX Real-Time Price · USD
97.42
+2.56 (2.70%)
Feb 27, 2024, 9:39 AM EST - Market open
2.70%
Market Cap 10.30B
Revenue (ttm) 1.09B
Net Income (ttm) 205.38M
Shares Out 108.60M
EPS (ttm) 1.89
PE Ratio 51.70
Forward PE 45.30
Dividend n/a
Ex-Dividend Date n/a
Volume 244,927
Open 98.31
Previous Close 94.86
Day's Range 97.40 - 101.17
52-Week Range 44.90 - 101.91
Beta 1.58
Analysts Buy
Price Target 80.56 (-17.56%)
Earnings Date Feb 26, 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. The company operates in two segments, Trex Residential and Trex Commercial. It offers decking products under the names Trex Transcend, Trex Select, 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 compan... [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 $80.56, which is a decrease of -17.56% from the latest price.

Price Target
$80.56
(-17.56% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Trex Company Reports Fourth Quarter and Full Year 2023 Results

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX) (Trex or Company), the world's #1 brand of high-performance, low-maintenance and eco-friendly decking and railing and a leader in outdo...

17 hours ago - Business Wire

Trex Innovation Celebrated With Six New Awards for Product Excellence

Outdoor Living Leader Earns Accolades from Across the Building Products Spectrum Outdoor Living Leader Earns Accolades from Across the Building Products Spectrum

12 days ago - GlobeNewsWire

Trex Company Announces Timing of Fourth Quarter 2023 Earnings Release and Conference Call

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leader in outdoor livin...

22 days ago - Business Wire

Fight Ledger Failure with New Trex® Seal™ Sub-Ledger Tape

22” Butyl-based Tape Creates a Moisture Barrier between a Deck Ledger and the House 22” Butyl-based Tape Creates a Moisture Barrier between a Deck Ledger and the House

5 weeks ago - GlobeNewsWire

Trex Named “America's Most Trusted® Outdoor Decking” for Fourth Consecutive Year

WINCHESTER, Va.--(BUSINESS WIRE)--When it comes to the products we purchase for our homes and families, trust means everything. With that in mind, Trex Company [NYSE:TREX], the world's largest manufac...

5 weeks ago - Business Wire

Sanctuary, Self-Care and Sustainability Drive Exterior Design in 2024

WINCHESTER, Va., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Over the past several years, our backyards have become much more than spaces for weekend barbecues. They're sanctuaries where we go to decompress fro...

6 weeks ago - GlobeNewsWire

6 Losing Stocks That Look Ready to Become Winners

Investors need to be creative right now to find cheap stocks in the S&P 500.

Other symbols: CCMCSAPAYXPPGQRVO
7 weeks ago - Barrons

‘Smidcap' companies are becoming a big deal. Here's a look at some of the best.

The stocks of long-neglected small companies are finally showing signs of life as the market rally broadens. But these tiny companies still remain vastly undervalued.

2 months ago - Market Watch

Trex Awarded Three Prestigious Accolades for Sustainability

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

2 months ago - Business Wire

Trex Company Announces November 2023 Investor Conference Schedule

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly decking and railing and a leader in outdoor living products...

3 months ago - Business Wire

What's Next Is Now!

WINCHESTER, Va.--(BUSINESS WIRE)--As a brand focused on engineering what's next in outdoor living, Trex Company (NYSE:TREX) remains steadfast in its commitment to continuous innovation. Never content ...

3 months ago - Business Wire

It will take time for the consumer to get back to a 'new normal', says Trex's Bryan Fairbanks

Bryan Fairbanks, Trex CEO, joins 'The Exchange' to discuss the company's higher shares, the state of the home improvement market, and more.

4 months ago - CNBC Television

Trex Company Reports Third Quarter 2023 Results

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly decking and railing and a leader in outdoor living products...

4 months ago - Business Wire

Housing Starts Up, Homebuilders Down as Mortgage Rates Soar

Homebuilders as a group were trading lower following the U.S. Census Bureau's report that more single-family homes were built in September than in August.

Other symbols: LENNVRPHMTOLWSM
4 months ago - MarketBeat

Here are 18 stocks I'm watching in the market Thursday, including Chipotle, Target, Nvidia

Some of the tickers on Cramer's radar for Thursday, Oct. 12, taken directly from my reporter's notebook.

Other symbols: CMGNVDAAZEKELELFFSLRGS
4 months ago - CNBC

Trex Company Names Brenda Lovcik Senior Vice President and Chief Financial Officer

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leader in outdoor livin...

5 months ago - Business Wire

Trex Company Announces Timing of Third Quarter 2023 Earnings Release and Conference Call

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leader in outdoor livin...

5 months ago - Business Wire

Trex Transcend® Lineage™ Composite Decking Recognized in Good Housekeeping's 2023 Home Renovation Awards

WINCHESTER, Va.--(BUSINESS WIRE)--The latest innovation from Trex Company [NYSE: TREX], Trex Transcend® Lineage™ decking has been recognized in Good Housekeeping's 2023 Home Renovation Awards in the E...

5 months ago - Business Wire

7 Stock Picks (Mostly) Under $10 Billion: Why They're Best-of-Breed Bisons

Investment bank D.A. Davidson, which has adopted the bison as a brand, picked 17 “high quality” stocks—a few giant, most smaller.

Other symbols: AXBCJKHYNDSNWDFCWIRE
5 months ago - Barrons

Trex and Keep Arkansas Beautiful Awarded “Recycling Education Program of the Year”

Composite Decking Leader and State Agency Honored by Arkansas Recycling Coalition Composite Decking Leader and State Agency Honored by Arkansas Recycling Coalition

5 months ago - GlobeNewsWire

Trex's has nearly $14 billion opportunity over the next 5 years: Trex CEO

Trex CEO Bryan Fairbanks says customers are really focusing on building up heir outdoor spaces, so much so, he says the company sees a $13.7 billion opportunity over the next five years. When it comes...

5 months ago - Yahoo Finance

Trex Company Hosts Investor Day in New York

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leader in outdoor livin...

6 months ago - Business Wire

Trex Company Launches New Community Recycling Challenge

Composite Decking Leader Expands and Simplifies Plastic Film Recycling Initiative Composite Decking Leader Expands and Simplifies Plastic Film Recycling Initiative

6 months ago - GlobeNewsWire

Trex Company to Host Investor Day in New York on September 7

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing, and a leader in outdoor livi...

6 months ago - Business Wire

3 Construction Stocks That Will Bring Growth This Fall

As summer winds down, business activity is picking up in the construction sector, which was beaten down for much of the year. The possibility for attractive growth in the upcoming quarter commands att...

Other symbols: MTZRYN
6 months ago - MarketBeat