<div id="readability-page-1"><p><span>Trex (NYSE:TREX - Get Free Report)</span> had its price objective decreased by research analysts at Citigroup  from $52.00 to $39.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a &#34;neutral&#34; rating on the construction company's stock. Citigroup's price target indicates a potential upside of 11.80% from the stock's current price.</p><ul><li>Tariff Fatigue? Look to These 3 Stocks for Upside</li></ul><p>Several other equities research analysts also recently weighed in on the stock. Barclays  set a $32.00 target price on shares of Trex in a research note on Monday, December 8th. Jefferies Financial Group upgraded Trex from a &#34;hold&#34; rating to a &#34;buy&#34; rating and increased their price objective for the company from $39.00 to $42.00 in a research note on Monday. B. Riley  reissued a &#34;buy&#34; rating and set a $57.00 target price (down from $80.00) on shares of Trex in a research note on Wednesday, November 5th. Benchmark reduced their price target on Trex from $80.00 to $40.00 and set a &#34;buy&#34; rating on the stock in a research report on Wednesday, November 5th. Finally, UBS Group decreased their price objective on Trex from $74.00 to $50.00 and set a &#34;neutral&#34; rating for the company in a research note on Wednesday, November 5th. One analyst  has rated the stock with a Strong Buy rating, seven have assigned  a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company  has an average rating of &#34;Hold&#34; and a consensus target price of $49.74.</p><p><b>Read Our Latest Stock Report on Trex</b></p><h2>Trex Price Performance</h2><ul><li>3 Stocks with Unusual Trading Volume During Market Selloff</li></ul><p>Shares of NYSE:TREX traded down $0.20 during mid-day trading on Monday, reaching $34.89. 1,789,438 shares of the company were exchanged, compared to its average volume of 1,885,890. Trex has a 1 year low of $29.77 and a 1 year high of $78.38. The firm's 50-day simple moving average is $40.85 and its 200 day simple moving average is $52.75. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of 18.96 and a beta of 1.58. </p><p>Trex (NYSE:TREX - Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The construction company reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.57 by ($0.06). Trex had a return on equity of 21.90% and a net margin of 16.76%.The firm had revenue of $285.35 million for the quarter, compared to analyst estimates of $301.74 million. During the same quarter last year, the company earned $0.37 earnings per share. The firm's revenue for the quarter was up 22.1% on a year-over-year basis.  On average, research analysts forecast that  Trex will post 2.04 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling at Trex</h2><ul><li>Housing Starts Up, Homebuilders Down as Mortgage Rates Soar</li></ul><p>In other Trex news, CFO Prithvi Gandhi bought 15,000 shares of the business's stock in a transaction dated Friday, November 14th. The shares were acquired at an average price of $31.92 per share, with a total value of $478,800.00. Following the transaction, the chief financial officer owned 30,664 shares of the company's stock, valued at approximately $978,794.88. The trade was a 95.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own  0.74% of the company's stock. </p><h2>Institutional Trading of Trex</h2><p>Several institutional investors have recently modified their holdings of the stock. Allworth Financial LP boosted its stake in  Trex by 127.0% in the third quarter. Allworth Financial LP now owns 2,159 shares of the construction company's stock valued at $112,000 after acquiring an additional 1,208 shares in the last quarter.  Swiss Life Asset Management Ltd purchased a new stake in shares of  Trex in the 3rd quarter valued at about $259,000.  CIBC Private Wealth Group LLC boosted its position in shares of  Trex by 0.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 45,646 shares of the construction company's stock valued at $2,359,000 after purchasing an additional 333 shares during the period.  CIBC Bancorp USA Inc. acquired a new stake in shares of  Trex in the 3rd quarter valued at about $2,669,000.  Finally, Caerus Investment Advisors LLC purchased a new position in  Trex during the 3rd quarter worth approximately $262,000. Hedge funds and other institutional investors own  95.96% of the company's stock. </p><h2>Trex Company Profile</h2> (Get Free Report)<p>Trex Company, Inc manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Trex</li><li>Bank Stocks - Best Bank Stocks to Invest In</li><li>Is Nutanix the Best Comeback Trade Left in 2025? The Setup Says Yes</li><li>Best Stocks Under $5.00</li><li>The Vertiv Pullback: Ignore the Noise, Buy the Data</li><li>Short Selling - The Pros and Cons </li><li>Insiders Buy Natural Gas Stocks: 2 for the Watchlist</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRSRVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRSRVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Trex Right Now?</h2><p>Before you consider Trex, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trex wasn't on the list.</p><p>While Trex currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TREX

<p>Citigroup has lowered its price target for Trex (NYSE:TREX) from $52.00 to $39.00, maintaining a "neutral" rating. This adjustment suggests a potential upside of 11.80% from the current stock price. Other analysts have varied ratings, with some upgrading Trex to "buy" and others maintaining "hold" or "sell" ratings. Trex's stock recently traded at $34.89, with a market cap of $3.74 billion. The company reported lower-than-expected earnings for the last quarter, but revenue increased by 22.1% year-over-year.</p>

Citigroup Lowers Trex (NYSE:TREX) Price Target to $39.00