Trex Company, Inc. Share Price Target ‘$99.65’, now 1.3% Upside Potential

Broker Ratings
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Trex Company, Inc. with ticker code (TREX) now have 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $120.00 and $72.00 calculating the average target share price we see $99.65. (at the time of writing). Given that the stocks previous close was at $98.40 this now indicates there is a potential upside of 1.3%. The day 50 moving average is $89.29 and the 200 day MA is $72.62. The market cap for the company is 10.84B. The stock price for the company is currently $99.79 USD

The potential market cap would be $10,977,286,893 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 52.8, revenue per share of $10.07 and a 18.5% 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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