# Trex Company, Inc. – Consensus ‘buy’ rating and 33.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/trex-company-inc.consensus-buy-rating-and-33.5-upside-potential/4121131727
- Published: 2023-11-01T14:12:36+00:00
- Author: Charlotte Edwards

**Trex Company, Inc.** which can be found using ticker (TREX) have now 17 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between $87.00 and $63.00 
and has a mean target at $75.06. Given that the stocks previous close was at $56.21
and the analysts are correct then there would likely be a percentage uptick in value
of 33.5%. Also worth taking note is the 50 day moving average now sits at $62.71
while the 200 day moving average is $58.74. The total market capitalization for 
the company now stands at 6.16B. The stock price for the company is currently $56.73
USD

 The potential market cap would be $8,225,821,795 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 42.65, revenue per share of $10.03
and a 18.91% return on assets.

Trex Company, Inc. is a manufacturer of wood-alternative decking and residential
railing and outdoor living products and accessories, which are marketed under the
brand name Trex. The Company also designs, engineer and markets modular and architectural
railing and staging systems, for the commercial and multi-family market, including
sports stadiums and performing arts venues. Its segments include Trex Residential
Products and Trex Commercial Products. Its Trex Residential Products segment manufactures
outdoor living products, consisting of composite decking and railing products, hidden
fasteners, and outdoor living accessories. The Company offers a range of products,
such as Trex Outdoor Furniture, Trex RainEscape, Trex Pergola, Trex Latticeworks,
Trex Cornhole Boards, Diablo Trex Blade, Trex SpiralStairs and Structural Steel 
Posts, and others. Its Trex Outdoor Furniture, which is a line of outdoor furniture
products. Its Trex RainEscape, which is an above joist deck drainage system.

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