On Friday, TREX Co., Inc. (NYSE: TREX) opened higher 0.28% from the last session, before settling in for the closing price of $64.14. Price fluctuations for TREX have ranged from $54.09 to $101.91 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 10.88% over the past five years. Company’s average yearly earnings per share was noted 8.84% at the time writing. With a float of $108.02 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. In terms of profitability, gross margin is 43.15%, operating margin of 28.04%, and the pretax margin is 28.3%.
TREX Co., Inc. (TREX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Building Products & Equipment industry is another important factor to consider. The insider ownership of TREX Co., Inc. is 0.63%, while institutional ownership is 95.56%. The most recent insider transaction that took place on Oct 03 ’24, was worth 2,433. In this transaction SVP, CHRO of this company bought 43 shares at a rate of $56.59, taking the stock ownership to the 25,833 shares. Before that another transaction happened on Jul 03 ’24, when Company’s SVP, CHRO bought 44 for $63.00, making the entire transaction worth $2,772. This insider now owns 25,790 shares in total.
TREX Co., Inc. (TREX) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.57 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.5) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.91% 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
Check out the current performance indicators for TREX Co., Inc. (TREX). In the past quarter, the stock posted a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.60. Likewise, its price to free cash flow for the trailing twelve months is 48.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.42, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 2.17 in one year’s time.
Technical Analysis of TREX Co., Inc. (TREX)
TREX Co., Inc. (NYSE: TREX) saw its 5-day average volume 1.3 million, a positive change from its year-to-date volume of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 39.81%. Additionally, its Average True Range was 1.85.
During the past 100 days, TREX Co., Inc.’s (TREX) raw stochastic average was set at 19.62%, which indicates a significant decrease from 51.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.55% in the past 14 days, which was lower than the 54.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.17, while its 200-day Moving Average is $80.59. Nevertheless, the first resistance level for the watch stands at $65.35 in the near term. At $66.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.07. If the price goes on to break the first support level at $63.63, it is likely to go to the next support level at $62.93. The third support level lies at $61.90 if the price breaches the second support level.
TREX Co., Inc. (NYSE: TREX) Key Stats
There are currently 108,693K shares outstanding in the company with a market cap of 6.99 billion. Presently, the company’s annual sales total 1,095 M according to its annual income of 205,380 K. Last quarter, the company’s sales amounted to 376,470 K and its income totaled 87,000 K.
