Trex Company Stock Buy Hold or Sell Recommendation
| TREX Stock | USD 92.06 2.92 3.28% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Trex Company is 'Strong Sell'. Macroaxis provides Trex buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Trex positions. The advice algorithm takes into account all of Trex's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Trex's buy or sell advice are summarized below:
Real Value 90.39 | Target Price 75.06 | Hype Value 89.14 | Market Value 92.06 | Naive Value 93.52 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Trex Company given historical horizon and risk tolerance towards Trex. When Macroaxis issues a 'buy' or 'sell' recommendation for Trex Company, the advice is generated through an automated system that utilizes algorithms and statistical models.
Trex |
Execute Trex Buy or Sell Advice
The Trex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Trex Company. Macroaxis does not own or have any residual interests in Trex Company or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Trex's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Trex Trading Alerts and Improvement Suggestions
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Disposition of 1197 shares by Amy Fernandez of Trex at 56.8 subject to Rule 16b-3 |
Trex Returns Distribution Density
The distribution of Trex's historical returns is an attempt to chart the uncertainty of Trex's future price movements. The chart of the probability distribution of Trex daily returns describes the distribution of returns around its average expected value. We use Trex Company price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Trex returns is essential to provide solid investment advice for Trex.
| Mean Return | 0.12 | Value At Risk | -3.04 | Potential Upside | 2.85 | Standard Deviation | 2.02 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Trex historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Trex Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Trex is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Trex Company backward and forwards among themselves. Trex's institutional investor refers to the entity that pools money to purchase Trex's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 1.7 M | Td Asset Management Inc | 2023-12-31 | 1.6 M | Liontrust Investment Partners Llp | 2023-12-31 | 1.4 M | Norges Bank | 2023-12-31 | 1.4 M | Geneva Capital Management | 2023-12-31 | 1.4 M | Fmr Inc | 2023-12-31 | 1.2 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.2 M | Baird Financial Group, Inc. | 2023-12-31 | 1.1 M | American Century Companies Inc | 2023-12-31 | 1 M | Blackrock Inc | 2023-12-31 | 13.9 M | Vanguard Group Inc | 2023-12-31 | 10.2 M |
Trex Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 43.1M | (27.1M) | 19.4M | (128.7M) | (10.4M) | (9.8M) | |
| Free Cash Flow | 89.1M | 14.5M | 98.7M | 40.0M | 223.4M | 234.5M | |
| Depreciation | 14.0M | 17.9M | 35.9M | 44.3M | 50.2M | 52.7M | |
| Other Non Cash Items | 67K | (5K) | 54.2M | 15.3M | 3.1M | 3.3M | |
| Capital Expenditures | 67.3M | 172.8M | 159.4M | 176.2M | 166.1M | 174.4M | |
| Net Income | 144.7M | 175.6M | 208.7M | 184.6M | 205.4M | 215.7M | |
| End Period Cash Flow | 148.8M | 121.7M | 141.1M | 12.3M | 2.0M | 1.9M | |
| Change To Inventory | 1.7M | (12.1M) | (15.5M) | (64.5M) | 34.3M | 36.0M | |
| Change To Netincome | 14.7M | 20.3M | 83.7M | 44.9M | 51.6M | 54.2M | |
| Investments | (67.2M) | (170.7M) | (158.0M) | (168.9M) | (173.7M) | (165.0M) | |
| Change Receivables | (24.3M) | 12.7M | (28.3M) | (44.3M) | (39.9M) | (37.9M) |
Trex Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Trex or Building Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Trex's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Trex stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.12 | |
β | Beta against NYSE Composite | -0.17 | |
σ | Overall volatility | 1.79 | |
Ir | Information ratio | 0.03 |
Trex Volatility Alert
Trex Company has relatively low volatility with skewness of 1.03 and kurtosis of 4.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Trex's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Trex's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Trex Fundamentals Vs Peers
Comparing Trex's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Trex's direct or indirect competition across all of the common fundamentals between Trex and the related equities. This way, we can detect undervalued stocks with similar characteristics as Trex or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Trex's fundamental indicators could also be used in its relative valuation, which is a method of valuing Trex by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Trex to competition |
| Fundamentals | Trex | Peer Average |
| Return On Equity | 0.33 | -0.31 |
| Return On Asset | 0.19 | -0.14 |
| Profit Margin | 0.19 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 9.81 B | 16.62 B |
| Shares Outstanding | 108.69 M | 571.82 M |
| Shares Owned By Insiders | 0.69 % | 10.09 % |
| Shares Owned By Institutions | 97.63 % | 39.21 % |
| Number Of Shares Shorted | 4.91 M | 4.71 M |
| Price To Earning | 28.15 X | 28.72 X |
| Price To Book | 13.94 X | 9.51 X |
| Price To Sales | 9.13 X | 11.42 X |
| Revenue | 1.09 B | 9.43 B |
| Gross Profit | 403.99 M | 27.38 B |
| EBITDA | 326.39 M | 3.9 B |
| Net Income | 205.38 M | 570.98 M |
| Cash And Equivalents | 5.88 M | 2.7 B |
| Cash Per Share | 0.05 X | 5.01 X |
| Total Debt | 32 M | 5.32 B |
| Debt To Equity | 0.20 % | 48.70 % |
| Current Ratio | 1.36 X | 2.16 X |
| Book Value Per Share | 6.60 X | 1.93 K |
| Cash Flow From Operations | 389.45 M | 971.22 M |
| Short Ratio | 7.70 X | 4.00 X |
| Earnings Per Share | 1.89 X | 3.12 X |
| Price To Earnings To Growth | 1.17 X | 4.89 X |
| Target Price | 100.81 | |
| Number Of Employees | 1.76 K | 18.84 K |
| Beta | 1.59 | -0.15 |
| Market Capitalization | 9.79 B | 19.03 B |
| Total Asset | 957.53 M | 29.47 B |
| Retained Earnings | 1.34 B | 9.33 B |
| Working Capital | 81.19 M | 1.48 B |
Note: Disposition of 1197 shares by Amy Fernandez of Trex at 56.8 subject to Rule 16b-3 [view details]
Trex Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Trex . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Trex Buy or Sell Advice
When is the right time to buy or sell Trex Company? Buying financial instruments such as Trex Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 28.3M | 246.0M | 32.0M | 30.4M | Total Assets | 920.3M | 933.7M | 957.5M | 1.0B |
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Check out Trex Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Trex Company information on this page should be used as a complementary analysis to other Trex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Trex Stock analysis
When running Trex's price analysis, check to measure Trex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.
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Is Trex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trex. If investors know Trex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.23 | Earnings Share 1.89 | Revenue Per Share 10.074 | Quarterly Revenue Growth 0.019 | Return On Assets 0.185 |
The market value of Trex Company is measured differently than its book value, which is the value of Trex that is recorded on the company's balance sheet. Investors also form their own opinion of Trex's value that differs from its market value or its book value, called intrinsic value, which is Trex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trex's market value can be influenced by many factors that don't directly affect Trex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.