Trex Company Inc. (TREX) Moving Averages: Key Indicators for Technical Analysis.

The price of Trex Company Inc. (NYSE: TREX) closed at $52.64 in the last session, down -2.25% from day before closing price of $53.85. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 1330766 shares were traded. TREX stock price reached its highest trading level at $53.66 during the session, while it also had its lowest trading level at $52.04.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.



We take a closer look at TREX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TREX now has a Market Capitalization of 6.47B and an Enterprise Value of 6.71B. As of this moment, Trex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.98, and their Forward P/E ratio for the next fiscal year is 28.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.81 while its Price-to-Book (P/B) ratio in mrq is 10.22. Its current Enterprise Value per Revenue stands at 6.68 whereas that against EBITDA is 24.87.

Stock Price History:

Over the past 52 weeks, TREX has reached a high of $67.78, while it has fallen to a 52-week low of $38.68. The 50-Day Moving Average of the stock is 52.28, while the 200-Day Moving Average is calculated to be 49.27.

Shares Statistics:

According to the various share statistics, TREX traded on average about 1.07M shares per day over the past 3-months and 1.07M shares per day over the past 10 days. A total of 108.77M shares are outstanding, with a floating share count of 107.66M. Insiders hold about 0.30% of the company’s shares, while institutions hold 99.40% stake in the company. Shares short for TREX as of Apr 27, 2023 were 7.17M with a Short Ratio of 7.15M, compared to 7.21M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.59% and a Short% of Float of 7.47%.

Earnings Estimates

The company has 18 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.53 for the current quarter, with a high estimate of $0.56 and a low estimate of $0.46, while EPS last year was $0.79. The consensus estimate for the next quarter is $0.38, with high estimates of $0.64 and low estimates of $0.24.

Analysts are recommending an EPS of between $1.94 and $1.43 for the fiscal current year, implying an average EPS of $1.57. EPS for the following year is $1.85, with 18 analysts recommending between $2.24 and $1.71.

Revenue Estimates

According to 18 analysts, the current quarter’s revenue is expected to be $317.08M. It ranges from a high estimate of $320M to a low estimate of $314.09M. As of the current estimate, Trex Company Inc.’s year-ago sales were $386.25M, an estimated decrease of -17.90% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $260.7M, an increase of 38.30% over than the figure of -$17.90% in the same quarter last year. There is a high estimate of $331M for the next quarter, whereas the lowest estimate is $212.97M.

A total of 18 analysts have provided revenue estimates for TREX’s current fiscal year. The highest revenue estimate was $1.12B, while the lowest revenue estimate was $987.11M, resulting in an average revenue estimate of $1.04B. In the same quarter a year ago, actual revenue was $1.11B, down -6.20% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $1.13B in the next fiscal year. The high estimate is $1.27B and the low estimate is $1.09B. The average revenue growth estimate for next year is up 9.20% from the average revenue estimate for this year.