![]() A dimmable LED deck lighting system called Trex DeckLighting can be installed on posts, floors, and steps. The company’s two segments are Trex Residential and Trex Commercial. manufactures and distributes decking, railing, and outdoor living products and accessories for the residential and commercial sectors in the United States. Institutions and hedge funds own 98.58% of the company’s shares. currently has 7,511 shares in the construction industry valued at $490,000 after acquiring an additional 241 shares during that period. ![]() raised its holdings in Trex shares by 3.3%. Last but not least, during the first quarter, Harrington Investments, Inc. now directly owns 3,498 shares of the construction company, valued at $191,000 (as of today’s closing price). After acquiring an additional 218 shares in the most recent quarter, Northwestern Mutual Wealth Management Co. grew its stake in Trex by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. ![]() After acquiring an additional 180 shares in the most recent quarter, Parallel Advisors LLC now directly owns 773 shares of the construction company worth $42,000. Parallel Advisors LLC raised its holdings in Trex stock by 30.4% in the second quarter. Bennett Selby Investments LP has paid $2,500,000 to raise its ownership of the construction company from 176 shares to 38,338 shares. Bennett Selby Investments LP grew its holdings in Trex shares by 0.5% during the first quarter. Cetera Investment Advisers now owns 4,539 shares of the construction company’s stock, valued at $613,000, for a total of $613,000 after acquiring an additional 130 shares. Cetera Investment Advisers increased its holdings in Trex shares by 2.9% in the fourth quarter. Recently, some large firm investors changed their positions. Analysts in the stock market say that Trex will earn $1.78 per share in the current fiscal year. The firm generated $0.53 in earnings per share in the same period the year before. The company’s sales for the quarter climbed by 24.0% compared to the same quarter last year. The net margin and return on equity for Trex were 18.94% and 42.33%, respectively. Analysts had projected sales of $380.22 million for the quarter, but the company made $386.25 million. The construction company generated $0.79 per share per quarter, $0.11 more than average analyst estimates. Trex (NYSE: TREX) issued its most current quarterly results on Monday, August 8. The 52-week high and low for Trex are $140.98 and $42.81, respectively. The stock’s 200-day moving average is $57.57, while the 50-day moving average is $51.32. With a price-to-earnings ratio of 21.70, a price-to-earnings-to-growth ratio of 7.45, and a beta of 1.5, the firm is valued at $5.43 billion. Compared to the 1,107,232 average volume, 8,403 shares were exchanged. TREX shares cost $0.79 more on Thursday, rising to $49.27. The average price objective for the firm is $76, according to data from, and the consensus recommendation is to “Hold.” The company has received buy ratings from seven analysts, hold ratings from eleven, and sell ratings from two. ![]() In a research note released on Tuesday, August 9, Stephens cut their “overweight” rating and reduced their price objective on Trex from $90.00 to $65.00. A research report released on Wednesday, August 10, lowered their price objective for Trex from $102.00 to $65.00 and assigned the company a “market perform” rating. reduced their price objective on Trex from $66.00 to $54.00. In a report issued on Friday, July 15, JPMorgan Chase & Co. In a research note published on Monday, August 15, DA Davidson decreased their target price for shares of Trex to $58.00. On Tuesday, August 9, Stifel Nicolaus lowered their price goal on shares of Trex from $77.00 to $68.00 in a research note. Numerous subsequent research articles have discussed TREX. According to Truist Financial’s price target, the stock might increase by 31.93 percent from its current price.ĭeposit $100 and get a $110 to trade stocks The construction company’s shares are currently rated as a “buy” by the corporation. According to Benzinga, analysts at Truist Financial reduced their price objective for Trex (NYSE: TREX) from $85.00 to $65.00 in a research note sent to clients and investors on Thursday. ![]()
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