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.
Investment analysts gave a few price targets for TREX. The highest price target was 83, which equates to a potential upside of 9.08 percent. The lowest price target was 69, implying potential capital losses of -9.32 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.43 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of TREX to grow at a rate of 16.09 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. TREX has a PEG ratio of 1.93.
TREX has a 52-week high of 78.16 and a 52-week low of 48.03. Today's price is 58.42 percent above the 52-week low, 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 stock has a market capitalization of $2.23 billion. TREX will post this quarters earnings in days, on 0000-00-00.