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

May 18, 2018 - By Calvin Voll

Trex Company, Inc. (NYSE:TREX) LogoInvestors sentiment decreased to 1.06 in 2017 Q4. Its down 0.29, from 1.35 in 2017Q3. It turned negative, as 8 investors sold Trex Company, Inc. shares while 93 reduced holdings. 49 funds opened positions while 58 raised stakes. 25.62 million shares or 0.85% less from 25.84 million shares in 2017Q3 were reported.
Deutsche Bancshares Ag owns 99,949 shares or 0.01% of their US portfolio. Los Angeles Cap Equity Research holds 0.01% or 10,038 shares in its portfolio. Qs Ltd Limited Liability Company reported 0% in Trex Company, Inc. (NYSE:TREX). 81,344 were accumulated by Gotham Asset Mgmt Ltd Liability. Eulav Asset Mngmt stated it has 16,000 shares. Ameritas Prns reported 0.01% of its portfolio in Trex Company, Inc. (NYSE:TREX). Lazard Asset Ltd Llc stated it has 30 shares or 0% of all its holdings. Nordea Investment Mgmt Ab has 21,399 shares. Renaissance Gru Ltd Liability Corp invested in 0.01% or 3,715 shares. Shelton Cap Management has 11,538 shares. Capital Fund Mgmt Sa holds 0% of its portfolio in Trex Company, Inc. (NYSE:TREX) for 4,100 shares. Royal State Bank Of Canada accumulated 0% or 10,704 shares. Teacher Retirement Of Texas stated it has 0.01% in Trex Company, Inc. (NYSE:TREX). Winslow Evans & Crocker holds 0.02% of its portfolio in Trex Company, Inc. (NYSE:TREX) for 500 shares. New Amsterdam Ptnrs Ltd Ny invested 0.61% in Trex Company, Inc. (NYSE:TREX).

Since January 16, 2018, it had 1 buy, and 11 insider sales for $7.35 million activity. The insider Golden Michael F sold 4,051 shares worth $437,754. Cline James E sold $2.31M worth of Trex Company, Inc. (NYSE:TREX) on Thursday, February 22. $4,807 worth of Trex Company, Inc. (NYSE:TREX) was bought by SCRIPTER JAY T on Friday, March 30. On Wednesday, March 7 the insider Gerhard Christopher Paul sold $376,164. The insider Gupp William R. sold $445,768. On Wednesday, May 9 FAIRBANKS BRYAN HORIX sold $281,650 worth of Trex Company, Inc. (NYSE:TREX) or 2,472 shares.

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

Among 6 analysts covering Trex Company (NYSE:TREX), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Trex Company had 11 analyst reports since December 8, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, May 8 by FBR Capital. FBR Capital maintained it with “Buy” rating and $126.0 target in Thursday, February 22 report. The rating was maintained by Seaport Global with “Buy” on Thursday, January 11. The company was maintained on Thursday, February 22 by SunTrust. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, December 8. The firm has “Buy” rating by FBR Capital given on Wednesday, January 3. The firm earned “Buy” rating on Thursday, March 22 by FBR Capital. The firm has “Buy” rating given on Wednesday, January 3 by B. Riley & Co. As per Thursday, February 22, the company rating was maintained by B. Riley & Co. The firm earned “Hold” rating on Thursday, February 22 by Stifel Nicolaus. Below is a list of Trex Company, Inc. (NYSE:TREX) latest ratings and price target changes.

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
22/03/2018 Broker: FBR Capital Rating: Buy New Target: $126.0 Maintain
22/02/2018 Broker: SunTrust Rating: Hold New Target: $105.0 Maintain
22/02/2018 Broker: FBR Capital Rating: Buy New Target: $126.0 Maintain
22/02/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $100 New Target: $110 Maintain
22/02/2018 Broker: B. Riley & Co Old Rating: Buy New Rating: Buy Old Target: $125 New Target: $126 Maintain
11/01/2018 Broker: Seaport Global Rating: Buy New Target: $125.0 Maintain
03/01/2018 Broker: FBR Capital Rating: Buy New Target: $125.0 Upgrade
03/01/2018 Broker: B. Riley & Co Old Rating: Neutral New Rating: Buy Old Target: $96 New Target: $125 Upgrade

The stock increased 2.75% or $3.06 during the last trading session, reaching $114.29. About 183,264 shares traded. Trex Company, Inc. (NYSE:TREX) has risen 53.31% since May 18, 2017 and is uptrending. It has outperformed by 41.76% 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 $3.36 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 35.49 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.

More important recent Trex Company, Inc. (NYSE:TREX) news were published by: Seekingalpha.com which released: “Trex’s (TREX) CEO James Cline on Q1 2018 Results – Earnings Call Transcript” on May 08, 2018, also Foxbusiness.com published article titled: “Trex Company Inc Continues to Deliver Record Growth”, Twst.com published: “Interview with the President and CEO: Trex Company, Inc. (NYSE:TREX)” on April 26, 2018. More interesting news about Trex Company, Inc. (NYSE:TREX) was released by: Globenewswire.com and their article: “Trex Company Announces Plastic Film Recycling Challenge Winners” with publication date: May 04, 2018.

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

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