TREX Co., Inc (NYSE: TREX) has a higher price-to-earnings ratio of 30.03x compared to its average ratio, The 36-month beta value for TREX is at 1.51. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for TREX is 106.43M, and currently, shorts hold a 5.89% of that float. The average trading volume for TREX on January 10, 2025 was 1.31M shares.
TREX) stock’s latest price update
TREX Co., Inc (NYSE: TREX)’s stock price has dropped by -1.10 in relation to previous closing price of 66.63. Nevertheless, the company has seen a loss of -4.53% in its stock price over the last five trading days. zacks.com reported 2024-12-30 that TREX stock benefits from product innovation investments and efforts to expand its distribution network. However, increased costs and expenses hurt.
TREX’s Market Performance
TREX Co., Inc (TREX) has seen a -4.53% fall in stock performance for the week, with a -15.11% decline in the past month and a 1.97% surge in the past quarter. The volatility ratio for the week is 3.48%, and the volatility levels for the past 30 days are at 3.16% for TREX.. The simple moving average for the past 20 days is -8.58% for TREX’s stock, with a -13.59% simple moving average for the past 200 days.
Analysts’ Opinion of TREX
Many brokerage firms have already submitted their reports for TREX stocks, with Stephens repeating the rating for TREX by listing it as a “Equal-Weight.” The predicted price for TREX in the upcoming period, according to Stephens is $72 based on the research report published on August 07, 2024 of the previous year 2024.
Loop Capital, on the other hand, stated in their research note that they expect to see TREX reach a price target of $75, previously predicting the price at $95. The rating they have provided for TREX stocks is “Hold” according to the report published on August 07th, 2024.
JP Morgan gave a rating of “Neutral” to TREX, setting the target price at $79 in the report published on December 14th of the previous year.
TREX Trading at -8.93% from the 50-Day Moving Average
After a stumble in the market that brought TREX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.34% of loss for the given period.
Volatility was left at 3.16%, however, over the last 30 days, the volatility rate increased by 3.48%, as shares sank -15.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.46% upper at present.
During the last 5 trading sessions, TREX fell by -4.53%, which changed the moving average for the period of 200-days by -33.82% in comparison to the 20-day moving average, which settled at $72.08. In addition, TREX Co., Inc saw -4.53% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TREX starting from Rudolph Jacob T., who sale 1,372 shares at the price of $78.08 back on Nov 25 ’24. After this action, Rudolph Jacob T. now owns 24,461 shares of TREX Co., Inc, valued at $107,126 using the latest closing price.
Rudolph Jacob T., the Officer of TREX Co., Inc, proposed sale 1,372 shares at $78.08 during a trade that took place back on Nov 25 ’24, which means that Rudolph Jacob T. is holding shares at $107,125 based on the most recent closing price.
Stock Fundamentals for TREX
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.43 for the gross margin
The net margin for TREX Co., Inc stands at 0.2. The total capital return value is set at 0.31. Equity return is now at value 30.21, with 21.07 for asset returns.
Based on TREX Co., Inc (TREX), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 3.62.
Currently, EBITDA for the company is 326.39 million with net debt to EBITDA at 0.26. When we switch over and look at the enterprise to sales, we see a ratio of 6.07. The receivables turnover for the company is 8.42for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.
Conclusion
In conclusion, TREX Co., Inc (TREX) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
