Trex (NYSE:TREX) Stock Rating Cut to Neutral at DA Davidson

Posted by George Bondi on Nov 10th, 2026

Trex (NYSE:TREX – Get Free Report) was downgraded by analysts at DA Davidson from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday, FinViz reports.

Other research analysts have also recently issued reports about the company. Bank of America upgraded Trex from an “underperform” rating to a “buy” rating and raised their price objective for the stock from $46.00 to $65.00 in a research note on Thursday, November 5th. Citigroup upped their target price on Trex from $52.00 to $59.00 and gave the company a “neutral” rating in a research report on Thursday, November 5th. Truist Financial increased their price target on shares of Trex from $60.00 to $75.00 and gave the stock a “buy” rating in a report on Thursday, November 5th. UBS Group reissued a “buy” rating and set a $61.00 price target (up from $59.00) on shares of Trex in a research report on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Trex from a “hold” rating to a “buy” rating and raised their price target for the stock from $53.00 to $57.00 in a research report on Thursday, October 8th. Twelve analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $55.18.

View Our Latest Research Report on Trex

Trex Price Performance

Shares of TREX stock opened at $58.77 on Tuesday. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 31.75, a price-to-earnings-growth ratio of 3.32 and a beta of 1.46. The business has a fifty day moving average of $46.57 and a 200 day moving average of $43.50. Trex has a 1 year low of $29.77 and a 1 year high of $60.21.

Trex (NYSE:TREX – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The construction company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.07. The company had revenue of $359.50 million during the quarter, compared to analysts’ expectations of $314.86 million. Trex had a return on equity of 18.27% and a net margin of 13.89%. The firm’s revenue was up 26.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 EPS. As a group, equities research analysts expect that Trex will post 1.82 earnings per share for the current year.

Insider Buying and Selling at Trex

In related news, SVP Jacob T. Rudolph sold 1,969 shares of the firm’s stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $59.07, for a total transaction of $116,308.83. Following the sale, the senior vice president directly owned 37,462 shares of the company’s stock, valued at $2,212,880.34. This trade represents a 4.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Adam Zambanini sold 500 shares of Trex stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $55.84, for a total value of $27,920.00. Following the transaction, the chief executive officer owned 235,505 shares of the company’s stock, valued at approximately $13,150,599.20. This represents a 0.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 3,700 shares of company stock worth $215,467. Insiders own 0.93% of the company’s stock.

Institutional Investors Weigh In On Trex

Several hedge funds have recently bought and sold shares of TREX. Intech Investment Management LLC purchased a new position in shares of Trex during the 3rd quarter valued at approximately $3,136,000. Hantz Financial Services Inc. lifted its stake in shares of Trex by 3.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 12,827 shares of the construction company’s stock valued at $559,000 after purchasing an additional 437 shares during the period. Royce & Associates LP boosted its holdings in Trex by 45.6% during the third quarter. Royce & Associates LP now owns 1,078,705 shares of the construction company’s stock worth $46,988,000 after buying an additional 337,592 shares in the last quarter. IFG Advisory LLC boosted its holdings in Trex by 8.5% during the third quarter. IFG Advisory LLC now owns 18,762 shares of the construction company’s stock worth $817,000 after buying an additional 1,463 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its position in Trex by 6.1% during the third quarter. Russell Investments Group Ltd. now owns 225,021 shares of the construction company’s stock valued at $9,803,000 after buying an additional 12,853 shares during the period. Hedge funds and other institutional investors own 95.96% of the company’s stock.

Trex News Roundup

Here are the key news stories impacting Trex this week:

Positive Sentiment: Trex reported third-quarter net sales of about $360 million, up 26% year over year, and earnings per share of $0.55, above the $0.48 consensus estimate. An initial distribution load-in contributed $30 million to sales, so some of the growth may reflect a one-time benefit rather than ongoing demand. Trex: 3 Key Takeaways for Long-Term Investors
Positive Sentiment: An analyst raised Trex’s price target to $59, signaling a more favorable view of the shares. Trex Price Target Raised to $59.00
Negative Sentiment: CEO Adam Zambanini and SVPs Jacob Rudolph and Amy Fernandez reported share sales. The transactions reduced their individual holdings by roughly 0.2% to 5%; each executive retained substantial shares, making the sales a limited potential warning signal. CEO Form 4 filing SVP Form 4 filing