Trex (NYSE:TREX) Upgraded by Zacks Research to “Strong-Buy” Rating

Posted by Geri Gentry on Jul 17th, 2026

Trex (NYSE:TREX – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Several other analysts also recently issued reports on TREX. UBS Group reissued a “buy” rating and issued a $61.00 price target (up from $59.00) on shares of Trex in a research note on Tuesday. DA Davidson reaffirmed a “buy” rating and set a $55.00 price objective on shares of Trex in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $51.00 price objective (up from $41.00) on shares of Trex in a report on Tuesday. Zelman & Associates raised Trex from a “neutral” rating to an “outperform” rating and set a $50.00 target price on the stock in a research report on Monday, May 18th. Finally, Bank of America boosted their target price on Trex from $42.00 to $44.00 and gave the company an “underperform” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Trex has an average rating of “Hold” and a consensus price target of $49.00.

View Our Latest Report on Trex

Trex Stock Up 4.8%

Shares of TREX stock opened at $45.73 on Wednesday. The firm has a fifty day moving average of $43.74 and a 200-day moving average of $41.28. Trex has a 12-month low of $29.77 and a 12-month high of $68.78. The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 25.55, a P/E/G ratio of 5.05 and a beta of 1.46.

Trex (NYSE:TREX – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The construction company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.51 by $0.08. The business had revenue of $343.40 million for the quarter, compared to analysts’ expectations of $339.99 million. Trex had a net margin of 16.25% and a return on equity of 19.66%. The firm’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.60 EPS. On average, equities analysts expect that Trex will post 1.77 EPS for the current year.

Insider Activity at Trex

In other news, SVP Jacob T. Rudolph sold 1,400 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $50.00, for a total value of $70,000.00. Following the completion of the transaction, the senior vice president owned 36,631 shares in the company, valued at $1,831,550. This trade represents a 3.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.93% of the stock is currently owned by corporate insiders.

Institutional Trading of Trex

Several institutional investors and hedge funds have recently bought and sold shares of TREX. Wellington Management Group LLP boosted its position in Trex by 266.0% during the fourth quarter. Wellington Management Group LLP now owns 7,225,393 shares of the construction company’s stock valued at $253,467,000 after purchasing an additional 5,251,297 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Trex by 143.8% during the 4th quarter. AQR Capital Management LLC now owns 3,895,534 shares of the construction company’s stock worth $136,655,000 after purchasing an additional 2,297,533 shares during the last quarter. Norges Bank bought a new stake in shares of Trex during the 4th quarter worth approximately $62,904,000. Freestone Grove Partners LP bought a new stake in shares of Trex during the 4th quarter worth approximately $53,951,000. Finally, Jacobs Levy Equity Management Inc. raised its stake in shares of Trex by 120.6% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 1,326,379 shares of the construction company’s stock worth $46,529,000 after purchasing an additional 725,090 shares in the last quarter. Institutional investors own 95.96% of the company’s stock.

About Trex

(Get Free Report)

Trex Company, Inc is a leading manufacturer of wood-alternative decking and railing systems designed for residential and commercial outdoor living environments. The company’s core offerings feature composite decking products made from a proprietary blend of recycled wood fibers and plastic film, which deliver enhanced durability, resistance to rot and insect damage, and low maintenance compared to traditional wood. Trex also provides matching railing, lighting, fencing and cladding solutions that allow customers to create cohesive, high-performance outdoor spaces.

Trex’s product portfolio is organized into multiple performance tiers, including premium, mid-range and value-oriented lines.