Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag UBS upgraded Trex to "Strong Buy" despite missing earnings, citing strong revenue growth and a $52 price target.

flag UBS upgraded Trex to "Strong Buy" with a $52 price target, citing strong revenue growth despite third-quarter earnings of $0.51 per share, missing estimates by $0.06, and revenue of $285.35 million, below the $301.74 million expected. flag Year-over-year revenue rose 22.1%. flag The stock, trading around $37.50 with a market cap of $4.01 billion, has a P/E of 20.35 and a beta of 1.55. flag Analysts' average rating remains "Hold" with a consensus target of $49.37. flag Institutional ownership is 95.96%, with Vaughan Nelson and Pembroke Management increasing stakes. flag Trex makes wood-alternative decking, railings, lighting, and cladding across multiple price tiers.

3 Articles

Further Reading