At the time of writing, TREX Co., Inc [TREX] stock is trading at $58.08, up 0.83%. An important factor to consider is whether the stock is rising or falling in short-term value. The TREX shares have gain 7.48% over the last week, with a monthly amount drifted -13.74%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TREX Co., Inc [NYSE: TREX] stock has seen the most recent analyst activity on August 07, 2024, when Stephens downgraded its rating to a Equal-Weight and also revised its price target to $72 from $115. Previously, Loop Capital downgraded its rating to Hold on August 07, 2024, and dropped its price target to $75. On December 14, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $79 on the stock. Barclays downgraded its rating to a Underweight and increased its price target to $74 on December 13, 2023. Wolfe Research initiated its recommendation with a Peer Perform. Goldman started tracking with a Buy rating for this stock on October 03, 2023, and assigned it a price target of $78. In a note dated August 25, 2023, Citigroup initiated an Neutral rating and provided a target price of $72 on this stock.
For the past year, the stock price of TREX Co., Inc fluctuated between $52.75 and $100.77. Currently, Wall Street analysts expect the stock to reach $74.25 within the next 12 months. TREX Co., Inc [NYSE: TREX] shares were valued at $58.08 at the most recent close of the market. An investor can expect a potential return of 27.84% based on the average TREX price forecast.
Analyzing the TREX fundamentals
According to TREX Co., Inc [NYSE:TREX], the company’s sales were 1.15B for trailing twelve months, which represents an -14.36% plunge. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.26 and Total Capital is 0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 57.09 points at the first support level, and at 56.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.74, and for the 2nd resistance point, it is at 59.40.
Ratios To Look Out For
It is important to note that TREX Co., Inc [NYSE:TREX] has a current ratio of 0.93. On the other hand, the Quick Ratio is 0.33, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 5.41, the price to book ratio is 7.32 and price to earnings (TTM) ratio is 27.88.
Transactions by insiders
Recent insider trading involved McDuffie Melkeya, Director, that happened on Feb 28 ’25 when 1420.0 shares were sold. Director, McDuffie Melkeya completed a deal on Feb 28 ’25 to buy 1420.0 shares. Meanwhile, SVP, CHRO Rudolph Jacob T. bought 49.0 shares on Jan 27 ’25.
