DA Davidson Has Optimistic Outlook of Trex FY2026 Earnings

Trex Company, Inc. (NYSE:TREX) – Equities research analysts at DA Davidson upped their FY2026 earnings estimates for Trex in a report released on Monday, May 12th. DA Davidson analyst K. Yinger now expects that the construction company will post earnings per share of $2.44 for the year, up from their previous estimate of $2.37. DA Davidson has a “Neutral” rating and a $74.00 price target on the stock. The consensus estimate for Trex’s current full-year earnings is $2.04 per share.

Other equities analysts have also issued research reports about the stock. Citigroup cut their price objective on shares of Trex from $78.00 to $60.00 and set a “neutral” rating on the stock in a report on Friday, April 11th. BMO Capital Markets upgraded Trex from a “market perform” rating to an “outperform” rating and set a $72.00 price target on the stock in a research note on Thursday, April 17th. JPMorgan Chase & Co. lowered their price objective on Trex from $79.00 to $73.00 and set a “neutral” rating for the company in a research note on Wednesday, March 5th. UBS Group dropped their price objective on Trex from $74.00 to $72.00 and set a “neutral” rating on the stock in a report on Friday, May 9th. Finally, Barclays cut their target price on Trex from $67.00 to $54.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $76.65.

Trex Trading Down 0.2%

TREX opened at $61.67 on Wednesday. The company has a fifty day simple moving average of $57.11 and a 200 day simple moving average of $65.75. The firm has a market cap of $6.61 billion, a price-to-earnings ratio of 28.16, a PEG ratio of 2.51 and a beta of 1.62. Trex has a twelve month low of $49.01 and a twelve month high of $92.02.

Trex (NYSE:TREX) last released its quarterly earnings results on Thursday, May 8th. The construction company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. The firm had revenue of $339.99 million during the quarter, compared to analysts’ expectations of $329.11 million. Trex had a return on equity of 28.89% and a net margin of 20.23%. Trex’s quarterly revenue was down 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.82 EPS.

Institutional Trading of Trex

Several hedge funds have recently made changes to their positions in the stock. Mather Group LLC. increased its position in Trex by 73.5% in the fourth quarter. Mather Group LLC. now owns 451 shares of the construction company’s stock worth $31,000 after buying an additional 191 shares during the period. Avior Wealth Management LLC boosted its holdings in shares of Trex by 1,212.8% during the fourth quarter. Avior Wealth Management LLC now owns 512 shares of the construction company’s stock valued at $35,000 after acquiring an additional 473 shares during the period. Huntington National Bank grew its position in shares of 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 acquiring an additional 393 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of Trex in the 4th quarter worth about $41,000. Finally, V Square Quantitative Management LLC lifted its position in Trex by 47.4% in the 4th quarter. V Square Quantitative Management LLC now owns 628 shares of the construction company’s stock valued at $43,000 after purchasing an additional 202 shares during the last quarter. Institutional investors own 95.96% of the company’s stock.

Insider Activity at Trex

In other Trex news, SVP Amy M. Fernandez sold 2,366 shares of Trex stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $61.17, for a total value of $144,728.22. Following the completion of the transaction, the senior vice president now directly owns 24,569 shares in the company, valued at $1,502,885.73. The trade was a 8.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Melkeya Mcduffie sold 1,420 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $61.88, for a total value of $87,869.60. Following the sale, the director now owns 1,705 shares in the company, valued at $105,505.40. The trade was a 45.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.71% 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.