TrexTREX
TREX
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
145% more call options, than puts
Call options by funds: $28.6M | Put options by funds: $11.7M
9% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 188
2.46% less ownership
Funds ownership: 96.24% [Q2] → 93.79% (-2.46%) [Q3]
6% less funds holding
Funds holding: 514 [Q2] → 484 (-30) [Q3]
12% less capital invested
Capital invested by funds: $7.75B [Q2] → $6.8B (-$956M) [Q3]
31% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 77
50% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$67
6%
downside
Avg. target
$74
3%
upside
High target
$78
9%
upside
5 analyst ratings
0 positive
0%
4 neutral
80%
1 negative
20%
Citigroup Anthony Pettinari 44% 1-year accuracy 22 / 50 met price target | 9%upside $78 | Neutral Maintained | 6 Jan 2025 |
DA Davidson Kurt Yinger 43% 1-year accuracy 6 / 14 met price target | 3%upside $74 | Neutral Maintained | 29 Oct 2024 |
BMO Capital Ketan Mamtora 63% 1-year accuracy 5 / 8 met price target | 1%upside $72 | Market Perform Maintained | 29 Oct 2024 |
Barclays Matthew Bouley 44% 1-year accuracy 30 / 68 met price target | 6%downside $67 | Underweight Maintained | 29 Oct 2024 |
Baird Timothy Wojs 49% 1-year accuracy 22 / 45 met price target | 9%upside $78 | Neutral Maintained | 29 Oct 2024 |
Financial journalist opinion
Positive
Seeking Alpha
1 day ago
Ignore Trex's Third Quarter: Better Revenue And Earnings Are Coming
Trex Company, Inc. reported lower Q3 2024 revenue and earnings due to seasonal factors and high capex for its Arkansas plant, but growth is expected post-2025. The company's competitive edge lies in its cost-efficient manufacturing process, its scale, and use of recycled materials. Despite current declines, Trex's cost-cutting initiatives and increased capacity from the new plant position it for double-digit earnings growth by late 2025 or early 2026.
Neutral
Zacks Investment Research
3 weeks ago
Here's Why Investors Must Retain Trex Company Stock for Now
TREX stock benefits from product innovation investments and efforts to expand its distribution network. However, increased costs and expenses hurt.
Positive
Zacks Investment Research
1 month ago
Trex Joins Forces With Weyerhaeuser to Boost Southwest Expansion
TREX expands in the Southwest through a strategic partnership with Weyerhaeuser, enhancing access to premium outdoor living products.
Neutral
Business Wire
1 month ago
Trex Expands Distribution with International Wood Products, Strengthening Presence in Northern California and Northern Nevada
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE: TREX), the world's largest manufacturer of wood-alternative decking and residential railing products, announces the expansion of its relationship with building materials distributor International Wood Products, LLC (IWP). As part of this strategic move, IWP will exclusively stock Trex® decking and railing at all five of its distribution facilities in the Western United States, including their Cloverdale, California location. This signi.
Neutral
Business Wire
1 month ago
Trex Company Teams with Weyerhaeuser to Expand Distribution Across California, Nevada, Arizona and New Mexico
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company (NYSE: TREX), the world's leading manufacturer of wood-alternative decking and residential railing, has joined forces with Weyerhaeuser, a global leader in sustainable forestry and one of the largest manufacturers of wood products in North America, to significantly expand Trex's presence across the Southwest region. This collaboration will enhance access to the brand's premium decking and railing products for customers in California, Nevada, Arizon.
Positive
Zacks Investment Research
1 month ago
Trex Expands Canadian Distribution With Alexandria Moulding
TREX expands in Canada with Alexandria Moulding, bringing premium decking to more retailers, homeowners, and contractors nationwide.
Neutral
Business Wire
1 month ago
Trex Company Teams With Alexandria Moulding to Expand Canadian Reach
WINCHESTER, Va. & ALEXANDRIA, Ont.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE: TREX], the world's largest manufacturer of high-performance, wood-alternative decking and railing, and a leading brand of outdoor living products, has announced the expansion of its distribution network in Canada with Alexandria Moulding. The leading North American manufacturer and distributor of mouldings, millwork and decorative building products, will bring the brand's premium decking and railing products to a bro.
Neutral
Business Wire
2 months ago
Trex Decking and Railing Earn Rave Reviews from Building and Design Experts
WINCHESTER, Va.--(BUSINESS WIRE)--They say the third time is a charm—but what about the seventeenth? That's the number of times Trex Company [NYSE: TREX], the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, has topped the rankings in BUILDER magazine's annual Brand Use Study. In addition to receiving the highest scores for brand awareness among the 23 brands included in the study, Trex® emerged as the #1 brand used most by Pro Builders and Pro Re.
Neutral
Business Wire
2 months ago
Trex Company Welcomes New Chief Information Officer to Leadership Team
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing and a leader in high-performance, low-maintenance outdoor living products, announced that Dr. Anand Kangala, has joined Trex as its new Vice President and Chief Information Officer effective today. As a member of the Trex leadership team, Dr. Kangala will lead global IT functions and enterprise technology strategy. “As a high growth company, we are committed.
Positive
Zacks Investment Research
2 months ago
TREX Strengthens Partnership With Boise Cascade, Expands Reach
Trex expands its distribution network with Boise Cascade partnership.
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