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.
TREX was given price targets by several analysts. The highest price target was 83, implying a possible profit of 9.08 percent. The lowest price target was 69, which equates to a potential downside of -9.32 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -4.35 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.43 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of TREX to grow at a rate of 16.09 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of TREX is 1.93.
In the last 52-weeks, TREX has achieved a high of 78.16 and a low of 48.03. Currently the stock is 58.42 percent higher than its low, and below the high by 2.65 percent. 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 stock has a market capitalization of $2.23 billion. TREX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.