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, implying potential capital gains of 9.08 percent. The most pessimistic analyst gave a price target of 69, which equates to a potential downside 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. That number becomes -4.35 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.43 percent in FY estimates.

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. 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 that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of TREX is 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 below the high by 2.65 percent. TREX has a P/E 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.