While TREX Co., Inc has overperformed by 0.26%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TREX fell by -35.76%, with highs and lows ranging from $94.00 to $49.01, whereas the simple moving average fell by -13.39% in the last 200 days.
On April 01, 2025, Deutsche Bank started tracking TREX Co., Inc (NYSE: TREX) recommending Buy. A report published by Stephens on August 07, 2024, Downgraded its rating to ‘Equal-Weight’ for TREX. Loop Capital also Downgraded TREX shares as ‘Hold’, setting a target price of $75 on the company’s shares in a report dated August 07, 2024. JP Morgan December 14, 2023d the rating to Neutral on December 14, 2023, and set its price target from $62 to $79. Barclays December 13, 2023d its ‘Equal Weight’ rating to ‘Underweight’ for TREX, as published in its report on December 13, 2023. Goldman also rated the stock as ‘Buy’.
Analysis of TREX Co., Inc (TREX)
Further, the quarter-over-quarter decrease in sales is -14.36%, showing a negative trend in the upcoming months.
In order to gain a clear picture of TREX Co., Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 28.90% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.33, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 1.82M can be a very valuable indicator of volatility for TREX stock. On a monthly basis, the volatility of the stock is set at 5.79%, whereas on a weekly basis, it is put at 3.00%, with a loss of -1.96% over the past seven days. Furthermore, long-term investors anticipate a median target price of $69.25, showing growth from the present price of $57.97, which can serve as yet another indication of whether TREX is worth investing in or should be passed over.
How Do You Analyze TREX Co., Inc Shares?
The USA based company TREX Co., Inc (TREX) is one of the biggest names in Building Products & Equipment. When comparing TREX Co., Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 27.82, there is a growth in quarterly earnings of -54.86%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.73%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 102.08% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TREX shares are owned by institutional investors to the tune of 102.08% at present.
