Trex (TREX) Given Media Sentiment Score of 0.14

News headlines about Trex (NYSE:TREX) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Trex earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 45.8099285432581 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Several research firms have weighed in on TREX. BidaskClub lowered Trex from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 22nd. Stifel Nicolaus restated a “hold” rating and set a $89.00 target price on shares of Trex in a report on Wednesday, November 1st. Sidoti lowered Trex from a “buy” rating to a “neutral” rating and set a $89.00 target price on the stock. in a report on Monday, October 2nd. FBR & Co raised their target price on Trex from $80.00 to $96.00 and gave the company a “neutral” rating in a report on Tuesday, October 31st. Finally, SunTrust Banks reiterated a “hold” rating and issued a $95.00 price objective on shares of Trex in a research note on Wednesday, November 1st. Eight analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $90.00.

Trex (TREX) traded up $0.97 during trading on Friday, hitting $108.28. The stock had a trading volume of 484,596 shares, compared to its average volume of 178,787. The company has a market capitalization of $3,157.58, a price-to-earnings ratio of 35.42 and a beta of 2.43. Trex has a twelve month low of $61.57 and a twelve month high of $118.65.

Trex (NYSE:TREX) last posted its quarterly earnings data on Monday, October 30th. The construction company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.13. The business had revenue of $140.19 million for the quarter, compared to analyst estimates of $125.30 million. Trex had a return on equity of 51.30% and a net margin of 16.61%. The firm’s revenue for the quarter was up 32.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.26 earnings per share. equities analysts expect that Trex will post 3.11 EPS for the current year.

In related news, Director Jay M. Gratz sold 1,418 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $111.05, for a total transaction of $157,468.90. Following the transaction, the director now directly owns 8,901 shares in the company, valued at $988,456.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Jay T. Scripter sold 1,116 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $108.59, for a total value of $121,186.44. Following the transaction, the vice president now owns 14,212 shares in the company, valued at $1,543,281.08. The disclosure for this sale can be found here. Insiders sold 7,014 shares of company stock worth $764,529 over the last quarter. 0.95% of the stock is currently owned by corporate insiders.

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Trex Company Profile

Trex Company, Inc is a manufacturer of wood-alternative decking and railing products. The Company’s products are marketed under the brand name Trex and are manufactured in the United States. It offers a set of outdoor living products in the decking, railing, porch, fencing, trim, steel deck framing and outdoor lighting categories.

Insider Buying and Selling by Quarter for Trex (NYSE:TREX)

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