Trex (TREX)

• Market cap: $5.94B
• 1 day: -3.05%
• 5 days: -3.57%
• 1 month: -10.25%
• 3 months: 2.50%
• 6 months: -28.10%
• Year to date: -18.90%
• 1 year: -35.93%
• 5 years: -5.72%
• 10 years: 332.42%
• Sector: Industrials
• Industry: Building Products & Equipment

About: Trex Co Inc is a manufacturer of wooden alternative decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders. The company operates in one reportable segment i.e. Trex Residential.

Employees: 1,838

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 6 (+3) [Q1 2025]

24% more call options, than puts

Call options by funds: $9.71M | Put options by funds: $7.82M

5.78% more ownership

Funds ownership: 100.88% [Q4 2024] → 106.66% (+5.78%) [Q1 2025]

1% less repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 155

5% less funds holding

Funds holding: 458 [Q4 2024] → 435 (-23) [Q1 2025]

11% less capital invested

Capital invested by funds: $7.46B [Q4 2024] → $6.64B (-$818M) [Q1 2025]

19% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 78

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $54 2% downside
• Avg. target: $70 26% upside
• High target: $85 54% upside

7 analyst ratings

• positive: 3 43%
• neutral: 3 43%
• negative: 1 14%

Benchmark Reuben Garner	45% upside $80	Buy Reiterated	12 May 2025
Stephens & Co. Trey Grooms	17% upside $65	Equal-Weight Maintained	12 May 2025
UBS John Lovallo	30% upside $72	Neutral Maintained	9 May 2025
BMO Capital Ketan Mamtora	30% upside $72	Outperform Upgraded	17 Apr 2025
Citigroup Anthony Pettinari	8% upside $60	Neutral Maintained	11 Apr 2025