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The price of TREX Co., Inc. (NYSE: TREX) closed at $60.85 in the last session, down -0.56% from day before closing price of $61.19. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 1.14 million shares were traded. TREX stock price reached its highest trading level at $61.725 during the session, while it also had its lowest trading level at $60.45.
Ratios:
We take a closer look at TREX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5653.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stephens on August 07, 2024, Downgraded its rating to Equal-Weight and sets its target price to $72 from $115 previously.
On August 07, 2024, Loop Capital Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $95 to $75.
JP Morgan Upgraded its Underweight to Neutral on December 14, 2023, whereas the target price for the stock was revised from $62 to $79.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 03 ’24 when Rudolph Jacob T. bought 44 shares for $63.00 per share. The transaction valued at 2,772 led to the insider holds 25,790 shares of the business.
Rudolph Jacob T. sold 16,440 shares of TREX for $1,494,472 on May 15 ’24. The SVP, CHRO now owns 25,746 shares after completing the transaction at $90.90 per share. On Apr 04 ’24, another insider, Rudolph Jacob T., who serves as the SVP, CHRO of the company, bought 35 shares for $70.37 each. As a result, the insider paid 2,463 and bolstered with 42,186 shares of the company.
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 6651756544 and an Enterprise Value of 6714799616. As of this moment, TREX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.14, and their Forward P/E ratio for the next fiscal year is 27.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.29 while its Price-to-Book (P/B) ratio in mrq is 7.39. Its current Enterprise Value per Revenue stands at 5.373 whereas that against EBITDA is 16.637.
Stock Price History:
Over the past 52 weeks, TREX has reached a high of $101.91, while it has fallen to a 52-week low of $53.59. The 50-Day Moving Average of the stock is -15.44%, while the 200-Day Moving Average is calculated to be -26.18%.
Shares Statistics:
According to the various share statistics, TREX traded on average about 1.17M shares per day over the past 3-months and 754930 shares per day over the past 10 days. A total of 108.61M shares are outstanding, with a floating share count of 108.02M. Insiders hold about 0.63% of the company’s shares, while institutions hold 98.71% stake in the company. Shares short for TREX as of 1723680000 were 4784953 with a Short Ratio of 4.08, compared to 1721001600 on 5355542. Therefore, it implies a Short% of Shares Outstanding of 4784953 and a Short% of Float of 5.08.
