Brokers Issue Forecasts for Trex's Q2 Earnings (NYSE:TREX)


Brokers Issue Forecasts for Trex's Q2 Earnings (NYSE:TREX)

Trex Company, Inc. (NYSE:TREX - Free Report) - Research analysts at William Blair issued their Q2 2025 EPS estimates for shares of Trex in a report issued on Tuesday, October 15th. William Blair analyst R. Merkel forecasts that the construction company will earn $0.68 per share for the quarter. The consensus estimate for Trex's current full-year earnings is $2.04 per share. William Blair also issued estimates for Trex's Q4 2025 earnings at $0.35 EPS.

Other equities analysts have also recently issued research reports about the company. Stephens cut Trex from an "overweight" rating to an "equal weight" rating and decreased their price target for the stock from $115.00 to $72.00 in a report on Wednesday, August 7th. StockNews.com upgraded Trex from a "sell" rating to a "hold" rating in a report on Thursday, September 19th. B. Riley decreased their price target on Trex from $107.00 to $97.00 and set a "buy" rating for the company in a report on Wednesday, August 7th. Loop Capital cut Trex from a "buy" rating to a "hold" rating and reduced their target price for the company from $95.00 to $75.00 in a research note on Wednesday, August 7th. Finally, BMO Capital Markets reduced their target price on Trex from $88.00 to $82.00 and set a "market perform" rating for the company in a research note on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Trex presently has an average rating of "Hold" and a consensus target price of $81.31.

View Our Latest Analysis on Trex

NYSE TREX opened at $63.89 on Friday. The stock has a market cap of $6.95 billion, a PE ratio of 26.40, a P/E/G ratio of 2.21 and a beta of 1.50. Trex has a fifty-two week low of $53.59 and a fifty-two week high of $101.91. The business has a 50 day moving average price of $64.92 and a two-hundred day moving average price of $77.52.

Trex (NYSE:TREX - Get Free Report) last posted its earnings results on Tuesday, August 6th. The construction company reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.02. The firm had revenue of $376.47 million during the quarter, compared to the consensus estimate of $387.87 million. Trex had a net margin of 21.07% and a return on equity of 33.53%. The company's revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 EPS.

Several large investors have recently added to or reduced their stakes in TREX. Covestor Ltd increased its holdings in shares of Trex by 11.3% during the first quarter. Covestor Ltd now owns 1,213 shares of the construction company's stock valued at $121,000 after purchasing an additional 123 shares during the period. Harrington Investments INC increased its holdings in shares of Trex by 1.4% during the second quarter. Harrington Investments INC now owns 9,807 shares of the construction company's stock valued at $727,000 after purchasing an additional 140 shares during the period. Avantax Advisory Services Inc. increased its holdings in shares of Trex by 4.6% during the first quarter. Avantax Advisory Services Inc. now owns 3,950 shares of the construction company's stock valued at $394,000 after purchasing an additional 173 shares during the period. First Citizens Bank & Trust Co. increased its holdings in shares of Trex by 2.6% during the second quarter. First Citizens Bank & Trust Co. now owns 7,055 shares of the construction company's stock valued at $523,000 after purchasing an additional 176 shares during the period. Finally, Values First Advisors Inc. increased its holdings in shares of Trex by 3.6% during the second quarter. Values First Advisors Inc. now owns 6,700 shares of the construction company's stock valued at $497,000 after purchasing an additional 230 shares during the period. 95.96% of the stock is owned by institutional investors and hedge funds.

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.

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