William Blair Issues Pessimistic Estimate for Trex Earnings

Trex Company, Inc. (NYSE:TREX) – Analysts at William Blair decreased their Q1 2025 EPS estimates for shares of Trex in a report issued on Tuesday, February 25th. William Blair analyst R. Merkel now anticipates that the construction company will post earnings of $0.52 per share for the quarter, down from their previous forecast of $0.64. The consensus estimate for Trex’s current full-year earnings is $2.04 per share. William Blair also issued estimates for Trex’s Q2 2025 earnings at $0.78 EPS, FY2025 earnings at $2.21 EPS and FY2026 earnings at $2.57 EPS.

Trex (NYSE:TREX) last posted its earnings results on Monday, February 24th. The construction company reported $0.09 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $160.54 million.

A number of other research analysts have also issued reports on TREX. Citigroup decreased their target price on Trex from $84.00 to $78.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. StockNews.com raised shares of Trex from a “sell” rating to a “hold” rating in a report on Tuesday. DA Davidson reissued a “neutral” rating and set a $74.00 target price on shares of Trex in a research note on Tuesday. Truist Financial reduced their price target on shares of Trex from $100.00 to $90.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Bank of America lowered their price objective on Trex from $85.00 to $79.00 and set a “buy” rating on the stock in a report on Tuesday. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $78.38.

Trex Trading Down 1.4 %

Shares of TREX opened at $61.54 on Thursday. The firm has a market cap of $6.59 billion, a P/E ratio of 28.10, a PEG ratio of 2.51 and a beta of 1.51. Trex has a 12 month low of $58.68 and a 12 month high of $101.91. The stock’s 50 day moving average is $69.34 and its two-hundred day moving average is $68.69.

Hedge Funds Weigh In On Trex

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TREX. Wilmington Savings Fund Society FSB purchased a new position in shares of Trex during the 3rd quarter worth $30,000. Mather Group LLC. increased its position in Trex by 73.5% during the fourth quarter. Mather Group LLC. now owns 451 shares of the construction company’s stock worth $31,000 after purchasing an additional 191 shares during the last quarter. Avior Wealth Management LLC raised its stake in Trex by 1,212.8% during the fourth quarter. Avior Wealth Management LLC now owns 512 shares of the construction company’s stock worth $35,000 after purchasing an additional 473 shares during the period. Huntington National Bank raised its stake in Trex by 227.2% during the fourth quarter. Huntington National Bank now owns 566 shares of the construction company’s stock worth $39,000 after purchasing an additional 393 shares during the period. Finally, Eagle Bay Advisors LLC acquired a new position in Trex in the 4th quarter valued at about $41,000. Institutional investors and hedge funds 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.