William Blair Issues Positive Forecast for Trex Earnings

Trex Company, Inc. (NYSE:TREX) – William Blair lifted their Q2 2025 earnings estimates for Trex in a note issued to investors on Wednesday, November 13th. William Blair analyst R. Merkel now forecasts that the construction company will post earnings per share of $0.79 for the quarter, up from their prior estimate of $0.77. The consensus estimate for Trex’s current full-year earnings is $2.05 per share. William Blair also issued estimates for Trex’s Q3 2025 earnings at $0.58 EPS, FY2025 earnings at $2.27 EPS and FY2026 earnings at $2.74 EPS.

TREX has been the subject of a number of other reports. Barclays decreased their price objective on Trex from $68.00 to $67.00 and set an “underweight” rating for the company in a research report on Tuesday, October 29th. UBS Group decreased their price target on Trex from $104.00 to $79.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th. Loop Capital cut shares of Trex from a “buy” rating to a “hold” rating and dropped their price objective for the company from $95.00 to $75.00 in a research note on Wednesday, August 7th. JPMorgan Chase & Co. cut their price objective on shares of Trex from $95.00 to $69.00 and set a “neutral” rating for the company in a research report on Monday, August 12th. Finally, Stifel Nicolaus lowered their target price on shares of Trex from $110.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, Trex presently has a consensus rating of “Hold” and a consensus target price of $79.94.

Trex Stock Performance

Shares of TREX opened at $68.23 on Friday. The company has a market capitalization of $7.31 billion, a price-to-earnings ratio of 31.16, a price-to-earnings-growth ratio of 3.30 and a beta of 1.49. Trex has a fifty-two week low of $58.68 and a fifty-two week high of $101.91. The firm has a 50-day simple moving average of $67.39 and a 200-day simple moving average of $74.08.

Trex (NYSE:TREX) last issued its quarterly earnings results on Monday, October 28th. The construction company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. The firm had revenue of $233.72 million during the quarter, compared to analysts’ expectations of $225.42 million. Trex had a net margin of 20.23% and a return on equity of 28.89%. Trex’s quarterly revenue was down 23.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.57 EPS.

Hedge Funds Weigh In On Trex

Several hedge funds and other institutional investors have recently bought and sold shares of TREX. Vident Advisory LLC acquired a new position in Trex during the first quarter worth about $4,013,000. Comerica Bank raised its position in shares of Trex by 3.8% during the 1st quarter. Comerica Bank now owns 217,435 shares of the construction company’s stock worth $21,689,000 after purchasing an additional 8,036 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its stake in Trex by 28.8% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 77,642 shares of the construction company’s stock valued at $7,746,000 after buying an additional 17,376 shares in the last quarter. OFI Invest Asset Management purchased a new stake in Trex in the 2nd quarter valued at approximately $726,000. Finally, Interval Partners LP acquired a new stake in Trex during the 1st quarter valued at $5,150,000. 95.96% of the stock is owned by institutional investors and hedge funds.

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.