Here’s how analysts see Trex Company, Inc. (NYSE:TREX) after this past week.

October 2, 2018 - By Ash

Trex Company, Inc. (NYSE:TREX) LogoInvestors sentiment increased to 6.84 in Q2 2018. Its up 5.93, from 0.91 in 2018Q1. It increased, as 23 investors sold Trex Company, Inc. shares while 8 reduced holdings. 32 funds opened positions while 180 raised stakes. 101.49 million shares or 301.74% more from 25.26 million shares in 2018Q1 were reported.
Maryland Cap owns 162,840 shares. Mckinley Capital Mngmt Lc Delaware holds 860 shares or 0% of its portfolio. Stifel Finance has 0% invested in Trex Company, Inc. (NYSE:TREX) for 5,546 shares. American Group reported 0.01% in Trex Company, Inc. (NYSE:TREX). Employees Retirement System Of Ohio stated it has 68,038 shares or 0.02% of all its holdings. Jennison Assoc Ltd Liability Corp owns 4,540 shares or 0% of their US portfolio. California Employees Retirement stated it has 226,818 shares. Glenmede Com Na holds 0% or 1,524 shares in its portfolio. Emerald Mutual Fund Advisers, Pennsylvania-based fund reported 579,718 shares. Envestnet Asset Mngmt Inc accumulated 9,841 shares or 0% of the stock. Rhumbline Advisers stated it has 0.02% in Trex Company, Inc. (NYSE:TREX). Paloma Ptnrs Mngmt Com has 5,965 shares. Riverhead Cap Mngmt Limited reported 0.01% of its portfolio in Trex Company, Inc. (NYSE:TREX). Ameriprise has 585,925 shares for 0.02% of their portfolio. Oberweis Asset Mngmt has 1.48% invested in Trex Company, Inc. (NYSE:TREX).

Since April 5, 2018, it had 1 buy, and 6 insider sales for $3.42 million activity. Shares for $362,997 were sold by ROBINSON PATRICIA B on Thursday, April 5. $236,125 worth of Trex Company, Inc. (NYSE:TREX) shares were sold by MERLOTTI FRANK H JR. Cline James E had sold 18,021 shares worth $2.05M. On Wednesday, August 22 Gerhard Christopher Paul sold $249,918 worth of Trex Company, Inc. (NYSE:TREX) or 2,990 shares. 3,919 shares were sold by Gupp William R., worth $445,768 on Wednesday, May 9. FAIRBANKS BRYAN HORIX also sold $281,650 worth of Trex Company, Inc. (NYSE:TREX) shares.

Trex Company, Inc. (NYSE:TREX) Ratings Coverage

Among 3 analysts covering Trex Co (NYSE:TREX), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Trex Co had 4 analyst reports since May 8, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, May 8 by Sidoti. The firm has “Buy” rating by FBR Capital given on Tuesday, July 31. Stifel Nicolaus maintained the shares of TREX in report on Tuesday, July 31 with “Hold” rating. The company was maintained on Tuesday, May 8 by FBR Capital. Below is a list of Trex Company, Inc. (NYSE:TREX) latest ratings and price target changes.

31/07/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $64.5 New Target: $75 Maintain
31/07/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $110 New Target: $65 Maintain
08/05/2018 Broker: Sidoti Old Rating: Neutral New Rating: Buy Old Target: $127 New Target: $141 Upgrade
08/05/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $126 New Target: $129 Maintain

The stock decreased 3.36% or $2.59 during the last trading session, reaching $74.39. About 996,424 shares traded or 119.95% up from the average. Trex Company, Inc. (NYSE:TREX) has risen 121.16% since October 2, 2017 and is uptrending. It has outperformed by 105.54% the S&P500.

Trex Company, Inc. manufactures and distributes wood/plastic composite products, and related accessories primarily for the residential and commercial decking, and railing applications in the United States. The company has market cap of $4.37 billion. It offers Trex Transcend, Trex Enhance, and Trex Select protective shells for protection against fading, staining, mold, and scratching; and Trex Hideaway, a hidden fastening system for grooved boards. It has a 37.19 P/E ratio. The firm also provides railing products, such as Trex Transcend Railing for use with Trex decking products and other decking materials; Trex Select Railing for consumers, who desire a simple clean finished look for their decks; and Trex Signature aluminum railing for contemporary look.

Another recent and important Trex Company, Inc. (NYSE:TREX) news was published by Seekingalpha.com which published an article titled: “Trex: Strong Fundamentals Will Reward Long-Term Investors” on September 06, 2018.

Trex Company, Inc. (NYSE:TREX) Institutional Positions Chart

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