Trex Company Inc (NYSE:TREX) is set to release its earnings data after the market closes on Monday, July 31st. Analysts expect Trex to post earnings of $0.88 per share for the quarter.

Trex (NYSE:TREX) last posted its quarterly earnings data on Thursday, May 4th. The construction company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.07. Trex had a return on equity of 75.98% and a net margin of 19.30%. The business had revenue of $144.80 million during the quarter, compared to analysts’ expectations of $144.26 million. During the same quarter in the previous year, the firm earned $0.79 EPS. The firm’s revenue was up 9.9% compared to the same quarter last year. On average, analysts expect Trex to post $2.84 EPS for the current fiscal year and $3.18 EPS for the next fiscal year.

Trex Company Inc (NYSE:TREX) opened at 73.19 on Monday. Trex Company Inc has a 52-week low of $47.38 and a 52-week high of $78.15. The firm has a market cap of $2.15 billion, a PE ratio of 29.90 and a beta of 2.34. The company’s 50 day moving average price is $68.19 and its 200 day moving average price is $68.35.

In other Trex news, SVP William R. Gupp sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $64.78, for a total transaction of $226,730.00. Following the completion of the sale, the senior vice president now directly owns 41,811 shares in the company, valued at $2,708,516.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider James E. Cline sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $65.00, for a total transaction of $975,000.00. Following the sale, the insider now owns 53,381 shares of the company’s stock, valued at $3,469,765. The disclosure for this sale can be found here. Insiders sold a total of 20,557 shares of company stock valued at $1,332,987 over the last quarter. 0.95% of the stock is currently owned by company insiders.

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Several brokerages recently issued reports on TREX. Stifel Nicolaus reiterated a “hold” rating and issued a $70.00 target price on shares of Trex in a research note on Friday, July 14th. BidaskClub upgraded shares of Trex from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Sidoti began coverage on shares of Trex in a research note on Thursday, June 15th. They issued a “buy” rating for the company. Zacks Investment Research upgraded shares of Trex from a “hold” rating to a “buy” rating and set a $73.00 target price for the company in a research note on Friday, June 9th. Finally, Seaport Global Securities upgraded shares of Trex from a “neutral” rating to a “buy” rating and set a $74.00 target price for the company in a research note on Thursday, June 1st. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $69.20.

About Trex

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.

Earnings History for Trex (NYSE:TREX)

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