Trex Company, Inc. – Consensus ‘buy’ rating and -2.2% Downside Potential

Broker Ratings
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Trex Company, Inc. which can be found using ticker (TREX) have now 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $87.00 and $62.00 with the average target price sitting at $73.78. Given that the stocks previous close was at $75.45 this is indicating there is a potential downside of -2.2%. There is a 50 day moving average of $63.14 and the 200 day MA is $60.89. The total market capitalization for the company now stands at 8.70B. The stock price for the company is currently $80.14 USD

The potential market cap would be $8,510,176,292 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 44.77, revenue per share of $10.03 and a 18.91% return on assets.

Trex Company, Inc. is a manufacturer of wood-alternative decking and residential railing and outdoor living products and accessories, which are marketed under the brand name Trex. The Company also designs, engineer and markets modular and architectural railing and staging systems, for the commercial and multi-family market, including sports stadiums and performing arts venues. Its segments include Trex Residential Products and Trex Commercial Products. Its Trex Residential Products segment manufactures outdoor living products, consisting of composite decking and railing products, hidden fasteners, and outdoor living accessories. The Company offers a range of products, such as Trex Outdoor Furniture, Trex RainEscape, Trex Pergola, Trex Latticeworks, Trex Cornhole Boards, Diablo Trex Blade, Trex SpiralStairs and Structural Steel Posts, and others. Its Trex Outdoor Furniture, which is a line of outdoor furniture products. Its Trex RainEscape, which is an above joist deck drainage system.

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