William Blair Has Bearish Estimate for Trex FY2025 Earnings

Trex Company, Inc. (NYSE:TREX) – Analysts at William Blair reduced their FY2025 earnings per share estimates for Trex in a report released on Tuesday, November 4th. William Blair analyst R. Merkel now expects that the construction company will earn $1.85 per share for the year, down from their prior forecast of $2.19. William Blair has a “Market Perform” rating on the stock. The consensus estimate for Trex’s current full-year earnings is $2.04 per share. William Blair also issued estimates for Trex’s Q4 2025 earnings at $0.00 EPS, Q2 2026 earnings at $0.67 EPS, Q4 2026 earnings at ($0.01) EPS, FY2026 earnings at $1.68 EPS and FY2027 earnings at $1.98 EPS.

Other research analysts have also issued research reports about the stock. Barclays lowered their price target on shares of Trex from $54.00 to $35.00 and set an “underweight” rating for the company in a report on Thursday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Trex in a research report on Wednesday, October 8th. Vertical Research downgraded shares of Trex from a “buy” rating to a “hold” rating and set a $32.00 target price for the company. in a research note on Wednesday. Zelman & Associates cut shares of Trex from an “outperform” rating to a “neutral” rating in a research report on Wednesday. Finally, B. Riley reiterated a “buy” rating and set a $57.00 price target (down from $80.00) on shares of Trex in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $53.89.

Trex Price Performance

Trex stock opened at $31.85 on Friday. The stock’s 50 day moving average is $52.92 and its 200 day moving average is $57.33. Trex has a one year low of $31.21 and a one year high of $80.74. The firm has a market cap of $3.42 billion, a P/E ratio of 18.41, a P/E/G ratio of 2.02 and a beta of 1.49.

Trex (NYSE:TREX) last issued its quarterly earnings results on Tuesday, November 4th. The construction company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.06). Trex had a net margin of 16.53% and a return on equity of 21.27%. The company had revenue of $285.35 million during the quarter, compared to analyst estimates of $301.74 million. During the same period in the previous year, the company posted $0.37 EPS. The company’s quarterly revenue was up 22.1% on a year-over-year basis. Trex has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

Institutional Investors Weigh In On Trex

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Assetmark Inc. boosted its position in shares of Trex by 3,769.6% during the 3rd quarter. Assetmark Inc. now owns 2,167 shares of the construction company’s stock worth $112,000 after purchasing an additional 2,111 shares in the last quarter. Impax Asset Management Group plc increased its position in Trex by 93.0% in the 3rd quarter. Impax Asset Management Group plc now owns 1,934,581 shares of the construction company’s stock valued at $99,354,000 after buying an additional 932,247 shares in the last quarter. Krilogy Financial LLC acquired a new position in Trex during the 3rd quarter worth approximately $467,000. Madison Asset Management LLC boosted its holdings in Trex by 1.2% in the third quarter. Madison Asset Management LLC now owns 1,893,081 shares of the construction company’s stock worth $97,815,000 after acquiring an additional 22,027 shares in the last quarter. Finally, MQS Management LLC acquired a new stake in Trex in the third quarter valued at approximately $259,000. 95.96% of the stock is owned by institutional investors.

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.