Analyst Ratings for Trex Co. Inc. (TREX)Updated: 2017-07-27
Trex Co. Inc. (NYSE:TREX) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for TREX last month.
3 analysts declared TREX a buy, 0 gave an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for TREX. The most optimistic analyst gave a price target of 83, implying a possible profit of 9.08 percent. The most pessimistic price target was 69, implying a possible loss of -9.32 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.35 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.43 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of TREX's earnings is estimated by analysts to be 16.09 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. TREX has a PEG ratio of 1.93.
In the last 52-weeks, TREX has achieved a high of 78.16 and a low of 48.03. The current market price is above the trailing year's low by 58.42 percent, and 2.65 percent below the high. TREX has a price/earnings ratio of 31.02. Investors typically compare the P/E ratio to a company's peers in the industry. The TREX value stock report compares TREX to some of its peers using value stock charts. The market cap of TREX is $2.23 billion. TREX's next earnings release will be on 0000-00-00, which is days away.