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After finishing at $67.89 in the prior trading day, TREX Co., Inc. (NYSE: TREX) closed at $66.58, down -1.93%. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 0.86 million shares were traded. TREX stock price reached its highest trading level at $67.72 during the session, while it also had its lowest trading level at $65.9758.
Ratios:
Our goal is to gain a better understanding of TREX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6186.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.14. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 7380126720 and an Enterprise Value of 7337689088. As of this moment, TREX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.51, and their Forward P/E ratio for the next fiscal year is 30.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.79 while its Price-to-Book (P/B) ratio in mrq is 8.09. Its current Enterprise Value per Revenue stands at 5.872 whereas that against EBITDA is 18.181.
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 -2.85%, while the 200-Day Moving Average is calculated to be -18.90%.
Shares Statistics:
The stock has traded on average 1.18M shares per day over the past 3-months and 1138440 shares per day over the last 10 days, according to various share statistics. 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 95.70% stake in the company. Shares short for TREX as of 1726185600 were 4853560 with a Short Ratio of 4.10, compared to 1723680000 on 4784953. Therefore, it implies a Short% of Shares Outstanding of 4853560 and a Short% of Float of 5.1499999999999995.
