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As of close of business last night, TREX Co., Inc.’s stock clocked out at $62.93, down -0.08% from its previous closing price of $62.98. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 0.81 million shares were traded. TREX stock price reached its highest trading level at $63.31 during the session, while it also had its lowest trading level at $61.97.
Ratios:
To gain a deeper understanding of TREX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5847.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.39. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 03 ’24 when Rudolph Jacob T. bought 43 shares for $56.59 per share. The transaction valued at 2,433 led to the insider holds 25,833 shares of the business.
Rudolph Jacob T. bought 44 shares of TREX for $2,772 on Jul 03 ’24. The SVP, CHRO now owns 25,790 shares after completing the transaction at $63.00 per share. On May 15 ’24, another insider, Rudolph Jacob T., who serves as the SVP, CHRO of the company, sold 16,440 shares for $90.90 each. As a result, the insider received 1,494,472 and left with 25,746 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 6840931328 and an Enterprise Value of 6940909568. As of this moment, TREX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.00, and their Forward P/E ratio for the next fiscal year is 28.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.47 while its Price-to-Book (P/B) ratio in mrq is 7.64. Its current Enterprise Value per Revenue stands at 5.554 whereas that against EBITDA is 17.197.
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 $54.09. The 50-Day Moving Average of the stock is -3.27%, while the 200-Day Moving Average is calculated to be -22.15%.
Shares Statistics:
It appears that TREX traded 1.20M shares on average per day over the past three months and 1084330 shares per day over the past ten 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 95.50% stake in the company. Shares short for TREX as of 1727654400 were 4405143 with a Short Ratio of 3.68, compared to 1724976000 on 4954146. Therefore, it implies a Short% of Shares Outstanding of 4405143 and a Short% of Float of 4.67.