William Blair Comments on Trex’s Q2 Earnings (NYSE:TREX)

Trex Company, Inc. (NYSE:TREX) – Investment analysts at William Blair boosted their Q2 2025 earnings per share estimates for Trex in a research report issued to clients and investors on Wednesday, November 13th. William Blair analyst R. Merkel now forecasts that the construction company will post earnings per share of $0.79 for the quarter, up from their prior forecast of $0.77. The consensus estimate for Trex’s current full-year earnings is $2.05 per share. William Blair also issued estimates for Trex’s Q3 2025 earnings at $0.58 EPS, FY2025 earnings at $2.27 EPS and FY2026 earnings at $2.74 EPS.

TREX has been the topic of a number of other research reports. Barclays dropped their price target on Trex from $68.00 to $67.00 and set an “underweight” rating on the stock in a research note on Tuesday, October 29th. Bank of America lowered their target price on shares of Trex from $97.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. Benchmark reduced their price target on shares of Trex from $105.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. B. Riley lowered their price objective on shares of Trex from $107.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. Finally, Stifel Nicolaus reduced their target price on shares of Trex from $110.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $79.94.

Trex Stock Performance

Shares of TREX stock opened at $68.22 on Friday. The stock’s 50-day moving average is $67.39 and its two-hundred day moving average is $74.18. Trex has a 1 year low of $58.68 and a 1 year high of $101.91. The firm has a market cap of $7.31 billion, a price-to-earnings ratio of 31.15, a PEG ratio of 3.30 and a beta of 1.49.

Trex (NYSE:TREX) last posted its earnings results on Monday, October 28th. The construction company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.05. Trex had a net margin of 20.23% and a return on equity of 28.89%. The firm had revenue of $233.72 million for the quarter, compared to the consensus estimate of $225.42 million. During the same period last year, the firm posted $0.57 EPS. The company’s revenue was down 23.1% on a year-over-year basis.

Institutional Investors Weigh In On Trex

Institutional investors have recently made changes to their positions in the stock. Vident Advisory LLC acquired a new stake in shares of Trex in the first quarter valued at about $4,013,000. Comerica Bank boosted its stake in shares of Trex by 3.8% during the 1st quarter. Comerica Bank now owns 217,435 shares of the construction company’s stock worth $21,689,000 after acquiring an additional 8,036 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its stake in Trex by 28.8% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 77,642 shares of the construction company’s stock valued at $7,746,000 after purchasing an additional 17,376 shares in the last quarter. OFI Invest Asset Management purchased a new position in Trex in the 2nd quarter valued at approximately $726,000. Finally, Interval Partners LP purchased a new stake in Trex during the first quarter worth $5,150,000. 95.96% of the stock is currently owned by hedge funds and other institutional investors.

Trex Company Profile

Trex Company, Inc manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps.