Loop Capital Upgrades Trex (NYSE:TREX) to Buy

Trex (NYSE:TREX) was upgraded by research analysts at Loop Capital from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. The brokerage presently has a $53.00 target price on the construction company’s stock, up from their prior target price of $45.00. Loop Capital’s target price would indicate a potential upside of 26.46% from the stock’s previous close.

Several other equities research analysts have also recently commented on TREX. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Trex in a report on Monday, December 29th. William Blair cut Trex from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 5th. Stifel Nicolaus set a $37.50 target price on Trex and gave the stock a “hold” rating in a research note on Monday. Barclays set a $32.00 price target on shares of Trex in a research report on Monday, December 8th. Finally, B. Riley Financial reissued a “buy” rating and issued a $57.00 price objective (down from $80.00) on shares of Trex in a report on Wednesday, November 5th. Ten analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $47.73.

Trex Stock Up 0.5%

Trex stock opened at $41.91 on Wednesday. The company has a fifty day simple moving average of $40.55 and a 200-day simple moving average of $45.58. The firm has a market capitalization of $4.49 billion, a price-to-earnings ratio of 23.68 and a beta of 1.58. Trex has a 52-week low of $29.77 and a 52-week high of $68.78.

Trex (NYSE:TREX) last posted its quarterly earnings results on Tuesday, February 24th. The construction company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. The firm had revenue of $161.13 million for the quarter, compared to analyst estimates of $144.39 million. Trex had a net margin of 16.22% and a return on equity of 20.29%. Trex’s quarterly revenue was down 3.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.09 earnings per share. On average, research analysts anticipate that Trex will post 2.04 EPS for the current fiscal year.

Institutional Investors Weigh In On Trex

Hedge funds have recently bought and sold shares of the stock. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Trex during the third quarter worth about $31,000. V Square Quantitative Management LLC acquired a new stake in Trex in the fourth quarter valued at approximately $27,000. Clearstead Trust LLC purchased a new position in Trex in the fourth quarter worth approximately $33,000. CWM LLC grew its holdings in Trex by 16.8% during the 2nd quarter. CWM LLC now owns 1,141 shares of the construction company’s stock worth $62,000 after acquiring an additional 164 shares in the last quarter. Finally, Rothschild Investment LLC acquired a new position in Trex during the 3rd quarter worth approximately $60,000. Institutional investors and hedge funds own 95.96% of the company’s stock.

Key Headlines Impacting Trex

Here are the key news stories impacting Trex this week:

• Positive Sentiment: Q4 earnings beat and upbeat commentary: Trex reported Q4 revenue and EPS above expectations, highlighted strong momentum in new products (24% of 2025 sales) and raised 2026 sales/EBITDA targets — a key reason investors are buying the stock. Q4 Earnings Surprise Could Offer Trex Stock a Path to Recovery
• Positive Sentiment: UBS raised its price target to $58 and keeps a buy stance — a material upside signal from a major shop that supports further upside for TREX. UBS price target raise
• Positive Sentiment: Loop Capital upgraded TREX to Buy and lifted its target to $53 — another bullish analyst move that likely adds buying pressure. Loop Capital Upgrades Trex to Buy
• Neutral Sentiment: Citigroup raised its price target to $46 but kept a Neutral rating — the PT bump helps sentiment but the Neutral stance tempers conviction. Citigroup price target raise
• Neutral Sentiment: CEO transition announced: longtime CEO Bryan Fairbanks will retire in April with COO Adam Zambanini named successor — investors have so far reacted positively to the internal succession, but leadership changes carry execution risk. Trex announces leadership transition
• Neutral Sentiment: Analyst and commentary take: several analysts and outlets note Trex’s resilience and innovation but warn upside is uncertain without stronger consumer demand — useful context that may limit speculative rallies. Trex Company: Resilience Is Well-Founded, But Upside Is Wobbly
• Negative Sentiment: Barclays raised its target but kept an Underweight rating — a signal that some firms still expect downside relative to peers, which can cap rallies. Barclays underweight/target update
• Negative Sentiment: Institutional selling: a fund disclosed selling ~107,000 TREX shares (~$4.3M) in an SEC filing — notable selling by an institutional holder that could weigh on near-term supply/demand dynamics. Fund Sheds 107,000 Shares of TREX

About Trex

Trex Company, Inc is a leading manufacturer of wood-alternative decking and railing systems designed for residential and commercial outdoor living environments. The company’s core offerings feature composite decking products made from a proprietary blend of recycled wood fibers and plastic film, which deliver enhanced durability, resistance to rot and insect damage, and low maintenance compared to traditional wood. Trex also provides matching railing, lighting, fencing and cladding solutions that allow customers to create cohesive, high-performance outdoor spaces.

Trex’s product portfolio is organized into multiple performance tiers, including premium, mid-range and value-oriented lines.