Trex (NYSE:TREX) Stock Price Expected to Rise, Barclays Analyst Says

Trex (NYSE:TREX) had its target price boosted by Barclays from $42.00 to $46.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has an “underweight” rating on the construction company’s stock. Barclays‘s price target would suggest a potential downside of 16.18% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Wall Street Zen raised shares of Trex from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Stifel Nicolaus set a $55.00 target price on shares of Trex and gave the stock a “buy” rating in a research report on Monday, October 19th. BMO Capital Markets set a $57.00 target price on shares of Trex in a research report on Wednesday, August 5th. Truist Financial lifted their target price on shares of Trex from $60.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Melius Research initiated coverage on Trex in a report on Tuesday, October 6th. They issued a “buy” rating and a $62.00 price target for the company. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $55.18.

Trex Stock Performance

Trex stock traded down $1.13 during midday trading on Thursday, reaching $54.88. 2,434,295 shares of the company were exchanged, compared to its average volume of 1,677,417. The firm’s 50-day simple moving average is $46.31 and its 200-day simple moving average is $43.43. Trex has a 1 year low of $29.77 and a 1 year high of $60.21. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of 31.91, a P/E/G ratio of 2.93 and a beta of 1.46.

Trex (NYSE:TREX) last released its earnings results on Wednesday, November 4th. The construction company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.07. The company had revenue of $359.50 million for the quarter, compared to analyst estimates of $314.86 million. Trex had a net margin of 14.68% and a return on equity of 18.03%. The firm’s quarterly revenue was up 26.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 EPS. On average, analysts forecast that Trex will post 1.82 EPS for the current fiscal year.

Institutional Trading of Trex

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TREX. Russell Investments Group Ltd. boosted its position in shares of Trex by 6.1% in the third quarter. Russell Investments Group Ltd. now owns 225,021 shares of the construction company’s stock worth $9,803,000 after acquiring an additional 12,853 shares during the last quarter. Jefferies Financial Group Inc. purchased a new stake in Trex in the third quarter valued at approximately $6,810,000. AlphaCore Capital LLC increased its position in Trex by 95.1% during the third quarter. AlphaCore Capital LLC now owns 8,732 shares of the construction company’s stock worth $380,000 after purchasing an additional 4,257 shares during the last quarter. Parallel Advisors LLC increased its position in Trex by 10.3% during the third quarter. Parallel Advisors LLC now owns 4,103 shares of the construction company’s stock worth $179,000 after purchasing an additional 382 shares during the last quarter. Finally, Platform Technology Partners acquired a new position in Trex during the third quarter worth approximately $209,000. Hedge funds and other institutional investors own 95.96% of the company’s stock.

Key Headlines Impacting Trex

Here are the key news stories impacting Trex this week:

• Positive Sentiment: Trex reported Q3 EPS of $0.55, above the $0.48 consensus, and revenue of $359.5 million versus estimates of $314.9 million. Sales rose 26% year over year, and coverage noted the company reached a new one-year high following the results. Trex Shares Rise After Higher 3Q Profit, Sales
• Positive Sentiment: The company raised its 2026 sales outlook to $1.296 billion–$1.306 billion and set a longer-term goal of $2 billion in revenue by 2030. A Q3 analysis highlighted volume-driven growth and a distribution transition as supports for the outlook. Trex targets $2B revenue by 2030 and raises 2026 outlook Q3 deep dive on growth and outlook
• Positive Sentiment: Bank of America upgraded Trex from “underperform” to “buy” and raised its target to $65. Truist also reiterated a “buy” rating and lifted its target to $75, reinforcing the bullish view of the earnings and outlook. Bank of America upgrade coverage Truist price target update
• Neutral Sentiment: Citigroup raised its target from $52 to $59 but kept a “neutral” rating, suggesting some upside while stopping short of a bullish endorsement. Citigroup price target update
• Negative Sentiment: Barclays raised its target from $42 to $46 but maintained an “underweight” rating, indicating it sees the shares as overvalued at recent levels. A separate valuation article also questions whether the post-results gains leave Trex fully valued. Barclays price target update Is Trex fully valued?

Trex Company Profile

Trex Company, Inc is a manufacturer of composite decking and outdoor living products. Its offerings are designed as alternatives to traditional wood and include residential and commercial decking, railing systems, outdoor lighting, and related accessories.

The company’s products are marketed under the Trex brand and include decking lines such as Trex Transcend, Trex Select, and Trex Enhance. Trex composite products are made primarily from recycled wood fibers and recycled polyethylene plastics, supporting the company’s focus on low-maintenance and environmentally oriented outdoor building materials.

Founded in 1996 and headquartered in Winchester, Virginia, Trex serves customers through a network of distributors, dealers, retailers, contractors, and building professionals.