Alert: New Earnings Report (10/28/24)-Trex Co Inc (NYSE: TREX).

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Trex Co Inc (NYSE: TREX) has reported E.P.S. of $0.37 for its third fiscal quarter (ending September 30) versus $0.60 for the same period a year ago — a decline of -38%. E.P.S. were $2.20 for the latest four quarters through September 30 versus $1.78 for the same period a year ago — an increase of 24%.

Recent Price Action

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On 10/28/24, Trex Co Inc (NYSE: TREX) stock enjoyed a large increase of 3.4%, closing at $66.51. Moreover, exceptionally high trading volume at 222% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months but has risen 2.9% during the last week.

Current PriceTarget Research Rating

TREX is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Trex has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Trex has a poor Appreciation Score of 16 and a very low Power Rating of 10, with the Lowest Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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