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.
Many analysts weighed in on price targets for TREX. The most optimistic price target was 83, which equates to a potential upside of 9.08 percent. The most pessimistic price target was 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. The average change in earnings estimates over the last 90 days 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of TREX to grow at a rate of 16.09 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Today's price is 58.42 percent above the 52-week 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 will post this quarters earnings in days, on 0000-00-00.