The company operates in two segments, Trex Residential and Trex Commercial. Trex Company, Inc manufactures and distributes decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $87.94. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. They set an “underperform” rating and a $60.00 price target on the stock. Finally, Bank of America initiated coverage on shares of Trex in a report on Monday, April 25th. Truist Financial lowered their price target on shares of Trex from $120.00 to $90.00 in a report on Tuesday, May 10th. cut their target price on shares of Trex from $66.00 to $54.00 in a research report on Friday, July 15th. Loop Capital lowered shares of Trex from a “buy” rating to a “hold” rating and cut their target price for the company from $118.00 to $68.00 in a research report on Monday, April 25th. Credit Suisse Group raised shares of Trex from an “underperform” rating to a “neutral” rating and set a $65.00 price target for the company in a research report on Tuesday, May 10th. TREX has been the subject of a number of recent research reports. Hedge funds and other institutional investors own 93.63% of the company’s stock. Finally, XTX Topco Ltd purchased a new stake in Trex during the first quarter valued at $205,000. purchased a new stake in Trex during the first quarter valued at $204,000. Canada Pension Plan Investment Board now owns 1,601 shares of the construction company’s stock valued at $105,000 after purchasing an additional 1,306 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in Trex by 442.7% during the first quarter. Lazard Asset Management LLC purchased a new stake in Trex during the first quarter valued at $67,000. Covestor Ltd now owns 382 shares of the construction company’s stock valued at $25,000 after purchasing an additional 245 shares in the last quarter. Covestor Ltd raised its stake in Trex by 178.8% during the first quarter. Get Trex alerts:Ī number of hedge funds have recently bought and sold shares of TREX. On average, analysts expect Trex to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year. The company’s revenue was up 38.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.42 EPS. The business had revenue of $339.23 million for the quarter, compared to analyst estimates of $326.67 million. Trex had a net margin of 17.90% and a return on equity of 38.31%. The construction company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.08. Trex ( NYSE:TREX – Get Rating) last announced its quarterly earnings results on Monday, May 9th. Trex has set its Q2 2022 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link. Analysts expect Trex to post earnings of $0.68 per share for the quarter. There’s no wiring or electrical skills needed just plug them in and enjoy.Trex ( NYSE:TREX – Get Rating) will be posting its quarterly earnings results after the market closes on Monday, August 8th.
Trex deck lighting install#
To avoid splitting wires, you can install deck lighting with the built-in Trex LightHub connection system. Trex covers the LED lights and housing for seven years of use. PROTECTED UNDER A 7-YEAR LIMITED WARRANTYĪll deck lights are backed by a limited warranty. In fact, deck lights are water and salt air resistant, even in the harshest climates. Made with high-performance materials, Trex Deck Lighting can withstand years of tough weather. Compared to incandescent, Trex Deck Lighting uses significantly less energy. They can be installed into the railing, stair risers or the deck itself.Īt 3000 degrees Kelvin, the light is warm white, adding a touch of coziness to any outdoor deck.ĭeck lights use long-life LEDs from CREE, a worldwide leader in energy-efficient lighting.
Deck lights provide a soft glow that lights the deck for easier wayfinding.
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