TREX Co., Inc. (NYSE: TREX) on Tuesday, soared 2.68% from the previous trading day, before settling in for the closing price of $87.82. Within the past 52 weeks, TREX’s price has moved between $51.03 and $101.91.
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Annual sales at Industrials sector company grew by 10.88% over the past five years. The company achieved an average annual earnings per share of 19.21%. With a float of $107.93 million, this company’s outstanding shares have now reached $108.61 million.
Let’s look at the performance matrix of the company that is accounted for 1765 employees.
TREX Co., Inc. (TREX) Insider and Institutional Ownership
Observing investor behavior towards Building Products & Equipment industry stocks is more important than anything else. The insider ownership of TREX Co., Inc. is 0.64%, while institutional ownership is 96.46%. The most recent insider transaction that took place on Apr 04 ’24, was worth 2,463. In this transaction SVP, CHRO of this company bought 35 shares at a rate of $70.37, taking the stock ownership to the 42,186 shares. Before that another transaction happened on Mar 04 ’24, when Company’s President and CEO sold 6,164 for $95.95, making the entire transaction worth $591,413. This insider now owns 143,544 shares in total.
TREX Co., Inc. (TREX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 19.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.60% during the next five years compared to 10.63% growth over the previous five years of trading.
TREX Co., Inc. (NYSE: TREX) Trading Performance Indicators
TREX Co., Inc. (TREX) is currently performing well based on its current performance indicators. A quick ratio of 0.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.95. Likewise, its price to free cash flow for the trailing twelve months is 43.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.89, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 2.52 in one year’s time.
Technical Analysis of TREX Co., Inc. (TREX)
TREX Co., Inc. (NYSE: TREX) saw its 5-day average volume 0.59 million, a negative change from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 28.28%. Additionally, its Average True Range was 2.61.
During the past 100 days, TREX Co., Inc.’s (TREX) raw stochastic average was set at 64.21%, which indicates a significant increase from 33.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.54% in the past 14 days, which was lower than the 31.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $93.92, while its 200-day Moving Average is $76.25. Nevertheless, the first resistance level for the watch stands at $91.47 in the near term. At $92.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $94.98. If the price goes on to break the first support level at $87.97, it is likely to go to the next support level at $85.77. The third support level lies at $84.46 if the price breaches the second support level.
TREX Co., Inc. (NYSE: TREX) Key Stats
Market capitalization of the company is 9.79 billion based on 108,624K outstanding shares. Right now, sales total 1,095 M and income totals 205,380 K. The company made 195,750 K in profit during its latest quarter, and 21,950 K in sales during its previous quarter.
