Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
TREX Co., Inc (NYSE: TREX) closed the day trading at $66.63 down -5.25% from the previous closing price of $70.32. In other words, the price has decreased by -$5.25 from its previous closing price. On the day, 1.14 million shares were traded. TREX stock price reached its highest trading level at $70.19 during the session, while it also had its lowest trading level at $66.27.
Ratios:
For a better understanding of TREX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 556.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 145.84. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.12 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 Nov 25 ’24 when Rudolph Jacob T. sold 1,372 shares for $78.08 per share. The transaction valued at 107,126 led to the insider holds 24,461 shares of the business.
Rudolph Jacob T. bought 1,372 shares of TREX for $107,125 on Nov 25 ’24. On Oct 03 ’24, another insider, Rudolph Jacob T., who serves as the SVP, CHRO of the company, bought 43 shares for $56.59 each. As a result, the insider paid 2,433 and bolstered with 25,833 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 7139004416 and an Enterprise Value of 7232489472. As of this moment, TREX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.37, and their Forward P/E ratio for the next fiscal year is 30.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.05 while its Price-to-Book (P/B) ratio in mrq is 8.10. Its current Enterprise Value per Revenue stands at 6.131 whereas that against EBITDA is 19.434.
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 $58.68. The 50-Day Moving Average of the stock is -7.88%, while the 200-Day Moving Average is calculated to be -12.82%.
Shares Statistics:
Over the past 3-months, TREX traded about 1.32M shares per day on average, while over the past 10 days, TREX traded about 968070 shares per day. A total of 107.90M shares are outstanding, with a floating share count of 106.43M. Insiders hold about 0.66% of the company’s shares, while institutions hold 96.65% stake in the company. Shares short for TREX as of 1734048000 were 6269246 with a Short Ratio of 4.73, compared to 1731628800 on 4694669. Therefore, it implies a Short% of Shares Outstanding of 6269246 and a Short% of Float of 6.77.
