DA Davidson Predicts Trex’s Q1 Earnings (NYSE:TREX)

Trex Company, Inc. (NYSE:TREX) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Trex in a report issued on Tuesday, February 25th. DA Davidson analyst K. Yinger anticipates that the construction company will post earnings of $0.54 per share for the quarter. DA Davidson currently has a “Neutral” rating and a $74.00 price objective 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 (NYSE:TREX) last announced its earnings results on Monday, February 24th. The construction company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. Trex had a return on equity of 28.89% and a net margin of 20.23%. The firm had revenue of $167.63 million during the quarter, compared to analysts’ expectations of $160.54 million.

A number of other equities research analysts have also recently issued reports on the stock. UBS Group decreased their price target on shares of Trex from $76.00 to $74.00 and set a “neutral” rating for the company in a report on Tuesday. Barclays decreased their target price on Trex from $68.00 to $67.00 and set an “underweight” rating for the company in a research note on Tuesday, October 29th. Jefferies Financial Group dropped their price target on Trex from $81.00 to $71.00 and set a “hold” rating on the stock in a research report on Tuesday. Bank of America reduced their price objective on Trex from $85.00 to $79.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Truist Financial lowered their price objective on shares of Trex from $100.00 to $90.00 and set a “buy” rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Trex has an average rating of “Hold” and an average target price of $78.38.

Trex Trading Up 1.1 %

NYSE TREX opened at $62.33 on Wednesday. Trex has a 1 year low of $58.68 and a 1 year high of $101.91. The company has a fifty day simple moving average of $69.54 and a 200 day simple moving average of $68.74. The company has a market cap of $6.68 billion, a P/E ratio of 28.46, a P/E/G ratio of 2.51 and a beta of 1.51.

Hedge Funds 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. lifted its stake in Trex by 54.5% in the 4th quarter. Alliancebernstein L.P. now owns 10,819,326 shares of the construction company’s stock valued at $746,858,000 after purchasing an additional 3,818,025 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Trex by 463.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,134,849 shares of the construction company’s stock valued at $216,400,000 after buying an additional 2,578,734 shares during the last quarter. AustralianSuper Pty Ltd bought a new position in shares of Trex during the 4th quarter worth approximately $110,414,000. Anomaly Capital Management LP increased its holdings in shares of Trex by 228.2% during the 4th quarter. Anomaly Capital Management LP now owns 1,512,783 shares of the construction company’s stock worth $104,427,000 after acquiring an additional 1,051,888 shares during the last quarter. Finally, Wasatch Advisors LP raised its stake in Trex by 33.2% in the 3rd quarter. Wasatch Advisors LP now owns 4,076,408 shares of the construction company’s stock valued at $271,407,000 after acquiring an additional 1,015,516 shares during the period. Institutional investors own 95.96% of the company’s stock.

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.