May. 8 at 2:22 PM
Heads up alert! Only one day until Upcoming earnings on Thursday, 5/8/2025 for
$TREX
Bullish (8.3)
Trex Company (NYSE:TREX) is positioned favorably in the composite decking and railing products market, showcasing a robust earnings surprise history that is likely to continue in its upcoming Q1 earnings release.
The stock has shown resilience, with a recent price point of
$54.94, despite a 15.8% decline over the past six months, reflecting the broader market's challenges with the S&P 500 down 6.9%.
Financially, Trex maintains a P/E ratio that aligns closely with industry averages, indicating fair valuation.
Its projected earnings per share (EPS) growth is expected to be strong, with forecasts suggesting an increase that would outpace many peers in the home construction materials sector.
Revenue forecasts remain optimistic, particularly as Trex has been recognized for its sustainable products, enhancing its appeal among environmentally conscious consumers.
Comparatively, Trex's market position and growth trajectory remain favorable against competitors, bolstered by strategic leadership additions aimed at enhancing marketing and innovation capabilities.
Earnings Report Expectations:
Trex is set to report its Q1 2025 earnings on May 8, 2025, after market hours.
Analysts anticipate a positive earnings surprise driven by strong demand for its wood-alternative products, reinforced by its recent accolade as a leader in sustainability.
Historical performance suggests that Trex has consistently exceeded analysts' estimates in prior quarters, setting a precedent for expectations.
The consensus among analysts is leaning towards a bullish outlook, with many forecasting earnings per share to beat previous estimates, driven by operational efficiencies and robust sales growth.
This upcoming report could significantly impact stock sentiment, given the company's recent strategic initiatives and innovation accolades, positioning Trex favorably for continued market leadership.
- Funds were net buyers of
$TREX during the previous reporting quarter.
- Top 5 funds with large holdings in
$TREX:
* Balyasny Asset Management LLC
$140MM. CGMFundRank: 91%, Fund Website: www.bamfunds.com
* Conestoga Capital Advisors LLC
$136MM. CGMFundRank: 80%
* Point72 Asset Management LP
$132MM. CGMFundRank: 94%, Fund Website: www.point72.com
* Anomaly Capital Management LP
$104MM. CGMFundRank: 67%, Fund Website: www.anomalycapital.com
* Adage Capital P
$29MM. New position. CGMFundRank: 72%, Fund Website: www.adagecapital.com
- Last 10 days performance: -2%
- Last 30 days performance: 7%
- Last 90 days performance: -23%
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