Trex (TREX) Set to Announce Earnings on Monday
Trex (NYSE:TREX) is scheduled to be releasing its earnings data after the market closes on Monday, July 29th. Analysts expect Trex to post earnings of $0.64 per share for the quarter. Trex has set its Q2 2019 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Trex (NYSE:TREX) last posted its quarterly earnings data on Monday, April 29th. The construction company reported $0.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.59 by ($0.05). The firm had revenue of $179.57 million for the quarter, compared to the consensus estimate of $176.75 million. Trex had a return on equity of 40.07% and a net margin of 18.63%. Trex’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.63 earnings per share. On average, analysts expect Trex to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
NYSE TREX opened at $70.92 on Friday. The company has a current ratio of 2.73, a quick ratio of 2.26 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average price is $70.33. The company has a market cap of $4.14 billion, a P/E ratio of 30.18, a P/E/G ratio of 2.93 and a beta of 2.12. Trex has a 1 year low of $50.88 and a 1 year high of $90.74.
Several research firms recently issued reports on TREX. DA Davidson decreased their price objective on shares of Duluth from $24.00 to $19.00 and set a “neutral” rating for the company in a report on Friday, April 5th. Berenberg Bank reaffirmed a “buy” rating and set a $80.00 price objective on shares of Trex in a report on Monday, June 10th. B. Riley reaffirmed a “buy” rating on shares of Seabridge Gold in a report on Tuesday, April 30th. SunTrust Banks upped their price objective on shares of FTI Consulting to $88.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Finally, Zacks Investment Research downgraded shares of ZEALAND PHARMA/S from a “buy” rating to a “hold” rating in a report on Saturday. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $74.00.
Trex Company Profile
Trex Co, Inc engages in the manufacture of wood-alternative decking and railing. Its products include deck framing and drainage, outdoor lighting, furniture, pergola and outdoor kitchens, fencing, collections, and accessory hardware. It operates through the following segments Trex Residential Products and Trex Commercial Products.
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