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$TREX

6 stories mentioning TREXUpdated 44d ago

Every FINWIRES story that references TREX, newest first.

Research

Research Alert: CFRA Maintains Hold View On Trex Company, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We keep our 12-month target price of $50. This is based on our forward P/E of 28x our 2027 EPS view of $1.80. We raise out 2026 EPS estimate to $1.66 from $1.60 (2027 EPS unchanged). Trex delivered resilient Q1 2026 results with net sales up 1% Y/Y to $343M and gross margin holding at 40.5%. Net income rose to $61M ($0.58/share) while adjusted EBITDA improved 2% to $103M, demonstrating strong cash generation amid residential market headwinds. Free cash flow improved 39% to negative $143M as the Arkansas facility nears completion and capex declined. Management reaffirmed 2026 guidance of $1.19B-$1.23B revenue and $315M-$340M adjusted EBITDA despite a down-to-flat R&R market, while reducing capex guidance to $100M-$120M from $224M in 2025.

$TREX
Research

Research Alert: Trex Q1 2026: Strategic Pivot And Strong Capital Returns Amid Market Headwinds

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Trex delivered resilient Q1 2026 results with net sales up 1% to $343M and gross margin holding at 40.5% despite $4M in additional depreciation from the new Little Rock facility. Net income rose to $61M ($0.58/share) while adjusted EBITDA improved 2% to $103M, demonstrating strong cash generation amid residential market headwinds. New CEO Adam Zambanini launched five strategic priorities focused on end-user relationships and innovation, while the company expanded its PVC decking rollout and executed aggressive capital returns with $150M in share repurchases. Management reaffirmed 2026 guidance of $1.185-1.23B revenue and $315-340M adjusted EBITDA despite down-to-flat R&R markets. We believe the company is well-positioned for significant free cash flow expansion as capex returns to maintenance levels of 5-6% of revenue in 2027, while strategic initiatives and a strong balance sheet support long-term growth despite near-term market challenges.

$TREX
Research

Research Alert: Trex Q1 2026: Strategic Pivot And Strong Capital Returns Amid Market Headwinds

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Trex delivered resilient Q1 2026 results with net sales up 1% to $343M and gross margin holding at 40.5% despite $4M in additional depreciation from the new Little Rock facility. Net income rose to $61M ($0.58/share) while adjusted EBITDA improved 2% to $103M, demonstrating strong cash generation amid residential market headwinds. New CEO Adam Zambanini launched five strategic priorities focused on end-user relationships and innovation, while the company expanded its PVC decking rollout and executed aggressive capital returns with $150M in share repurchases. Management reaffirmed 2026 guidance of $1.185-1.23B revenue and $315-340M adjusted EBITDA despite down-to-flat R&R markets. We believe the company is well-positioned for significant free cash flow expansion as capex returns to maintenance levels of 5-6% of revenue in 2027, while strategic initiatives and a strong balance sheet support long-term growth despite near-term market challenges.

$TREX
Wire

Trex Appoints Zachary C. Lauer as COO

Trex (TREX) said Monday it has appointed Zachary C. Lauer as senior vice president and chief operations officer.In this role, Lauer will lead the company's manufacturing, supply chain, engineering, and research and development functions, Trex said.Lauer was most recently senior vice president of supply chain and manufacturing at Trex, the company added.Shares of the company were down 2.4% in early Monday trading.Price: $37.95, Change: $-0.83, Percent Change: -2.14%

$TREX
Wire

Update: BofA Adjusts Price Target on Trex to $42 From $43

(Updated to eliminate the rating from the headline).Trex (TREX) has an average rating of overweight and mean price target of $47.85, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $42.82, Change: $+0.04, Percent Change: +0.11%

$TREX
Wire

BofA Adjusts Price Target on Trex to $42 From $43, Maintains Buy Rating

Trex (TREX) has an average rating of overweight and mean price target of $47.85, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $42.67, Change: $-0.10, Percent Change: -0.23%

$TREX

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