TREX Co., Inc (NYSE: TREX) is -14.31% lower on its value in year-to-date trading and has touched a low of $58.68 and a high of $101.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TREX stock was last observed hovering at around $71.66 in the last trading session, with the day’s loss setting it -0.72%.
Currently trading at $70.94, the stock is -6.29% and -0.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.66 million and changing -1.00% at the moment leaves the stock -8.90% off its SMA200. TREX registered -12.33% loss for a year compared to 6-month loss of -9.06%. The firm has a 50-day simple moving average (SMA 50) of $71.096 and a 200-day simple moving average (SMA200) of $77.87115.
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The stock witnessed a 5.21% gain in the last 1 month and extending the period to 3 months gives it a 2.59%, and is -9.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.09% over the week and 3.11% over the month.
TREX Co., Inc (TREX) has around 1765 employees, a market worth around $7.60B and $1.18B in sales. Current P/E ratio is 32.33 and Fwd P/E is 32.48. Profit margin for the company is 20.23%. Distance from 52-week low is 20.89% and -30.39% from its 52-week high. The company has generated returns on investments over the last 12 months (26.08%).
with sales reaching $159.32M over the same period.The EPS is expected to grow by 9.56% this year, but quarterly earnings will post 4.41% year-over-year. Quarterly sales are estimated to shrink -18.61% in year-over-year returns.
664.0 institutions hold shares in TREX Co., Inc (TREX), with institutional investors hold 100.69% of the company’s shares. The shares outstanding are 107.90M, and float is at 106.44M with Short Float at 4.56%. Institutions hold 100.01% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.08 million shares valued at $1.04 billion. The investor’s holdings represent 12.9624 of the TREX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.28 million shares valued at $762.03 million to account for 9.4634 of the shares outstanding. The other top investors are ALLIANCEBERNSTEIN L.P. which holds 5.47 million shares representing 5.0376 and valued at over $405.64 million, while CLEARBRIDGE INVESTMENTS, LLC holds 3.7845 of the shares totaling 4.11 million with a market value of $304.75 million.
TREX Co., Inc (TREX) Insider Activity
The most recent transaction is an insider sale by Rudolph Jacob T., the company’s SVP, CHRO. SEC filings show that Rudolph Jacob T. sold 1,372 shares of the company’s common stock on Nov 25 ’24 at a price of $78.08 per share for a total of $0.11 million. Following the sale, the insider now owns 24461.0 shares.
Still, SEC filings show that on Oct 03 ’24, Rudolph Jacob T. (SVP, CHRO) acquired 43 shares at an average price of $56.59 for $2433.0. The insider now directly holds 25,833 shares of TREX Co., Inc (TREX).
