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How to Buy Trex Co Stock

Trex Co Inc

Trex Co is a building product & equipment company located in Virginia, United States, which is part of the Basic Materials sector, and is traded under the ticker TREX on the NYSE exchange.

Trex Co stock last closed at $81.15, down 2% from the previous day, and has increased 18% in one year. It has underperformed other stocks in the Building Products & Equipment industry by 0.2 percentage points. Trex Co stock is currently +51.43% from its 52-week low of $53.59, and -20.37% from its 52-week high of $101.91.

As of Jul 19, 2024, there are 108.69M shares of TREX outstanding. The market capitalization of TREX is $8.82B. In the past 24 hours, 718,256 TREX shares were traded.

How to Buy Trex Co Stock

Wondering how to invest in Trex Co stock? Here's how.
  1. Choose where to buy Trex Co stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Trex Co stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your method of payment and add your details.
  4. Evaluate Trex Co stock: The Trex Co ticker symbol is TREX. Is Trex Co stock a good investment? Should you buy shares of TREX? How do TREX's underlying business fundamentals look? Do top analysts think Trex Co is a good buy? Why has TREX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if TREX is a good stock to buy).
  5. Place your TREX buy order: Decide if you will purchase TREX shares at the current market price or use a limit order to buy TREX stock at a given price.
  6. Monitor your TREX investment: Create a watchlist to track your investment in Trex Co shares.

Step 1: Choose where to buy Trex Co stock

You need a brokerage account to access the NYSE market and buy TREX shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to invest in TREX stock today.

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  1. Send your data by clicking the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've filled out your info on app for stock, your next step is to transfer the money for your investment:

Check out the video below if you need help depositing funds into your new brokerage account.

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Step 4: Evaluate Trex Co stock

After you have chosen the best place to buy Trex Co stock, it's important to analyze their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.

Trex Co Metrics

TREX Price
$81.15
1w %
-0.49%
1y %
18%
5y %
132.29%
P/E
34.83x
P/B
10.97x
P/S
7.17x
PEG
N/A
Revenue
$1.23B
Earnings
$253.32M
Fore. Rev. Growth
1.46%
Fore. Earn. Growth
-3.1%
Market Cap
$8.82B
Next Earnings
Aug 6, 2024
Next Dividend
N/A

Trex Co Overview

WallStreetZen was created to help average investors do more accurate fundamental analysis in less time.

You can see all of the due diligence checks on TREX's stock page.

Is TREX stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge TREX's fair value.

Using relative valuations measures:

  • TREX may be overvalued based on its P/E ratio of 34.83x, relative to Building Products & Equipment industry P/E ratio of 29.6x
  • TREX could be overvalued based on its P/B ratio of 10.97x, relative to Building Products & Equipment industry P/B ratio of 5.48x

You can access additional valuation research on TREX's stock here.

How do TREX Financials look?

Passed Financial Due Diligence Checks:

  • TREX earnings of $338.27M is not sufficient to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the TREX balance sheet.
  • TREX profit margin has gone up from 15.4% to 20.6% in the past year.
  • There are more short-term assets than short-term liabilities on the TREX balance sheet.
  • TREX's operating cash flow of $330.85M allows it to safely service it's debt of $240.60M.

Failed Financial Due Diligence Checks:

  • Total TREX debt is higher than 5 years ago, relative to shareholder equity.
  • TREX has a relatively high debt to equity ratio of 0.61.

Do Wall Street analysts think it's a good time to buy TREX stock

Out of 11 sell side analysts who give recommendations on TREX, the consensus analyst rating on Trex Co is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

Latest TREX Analyst Upgrades/Downgrades

Reuben Garner, a top 3% analyst from Benchmark reiterates TREX with a strong buy rating and maintains their TREX price target from $105.00 to $105.00, on May 14, 2024.

Timothy Wojs, a top 19% analyst from Baird maintains TREX with a hold rating and lowers their TREX price target from $110.00 to $105.00, on May 10, 2024.

Michael Rehaut, a top 8% analyst from JP Morgan maintains TREX with a hold rating and raises their TREX price target from $79.00 to $93.00, on Mar 1, 2024.

John Lovallo, a top 4% analyst from UBS maintains TREX with a hold rating and raises their TREX price target from $84.00 to $100.00, on Feb 27, 2024.

Stanley Elliott, a top 4% analyst from Stifel Nicolaus maintains TREX with a strong buy rating and raises their TREX price target from $90.00 to $107.00, on Feb 27, 2024.

You can dive deeper into what analysts are forecasting on the Trex Co stock forecast page.

TREX Momentum

SMA10
79.3
SMA20
76.74
SMA50
82.34
SMA100
88
SMA200
80.71
MACD
0.17
MACD Signal
-1.22
MACD Histogram
1.38
RSI
53.32
Stochastic %K
77.01
Stochastic %D
84.99
StochRSI %K
78.42
StochRSI %D
86.87

How are TREX Revenues/Earnings doing?

Last year, TREX earnings were $253.32M. During the last 5 year, TREX's earnings have increased by 16.09% per year. This was faster than the Building Products & Equipment industry average of 10.58%.

Last year, TREX revenue was $1.23B. In the last 5 year, TREX's revenue has grown by 12.17% per year. This was faster than the Building Products & Equipment industry average of 7.3%.

Dive into TREX's earnings and revenue performance here.

Latest Insiders Trades at TREX

Over the past year, insiders at TREX have bought more shares than they have sold.

Jacob T. Rudolph, SVP CHRO of TREX, was the latest TREX insider to buy. They bought $2,772.00 worth of TREX shares on Jul 3, 2024.

Get more info about who owns TREX shares here.

Can I rely on TREX as an income stream?

No, Trex Co doesn't provide an income stream by paying out dividends.

TREX Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Place your TREX buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Click the Open Trade button and eToro will place the order.

If you need more assistance investing in stocks on eToro, click the helpful video below:

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Step 6: Monitor your TREX investment

Now that you own some TREX shares, you'll want to stay up-to-date on your investment.

Put TREX on a watchlist to keep track of your TREX stock.

TREX Feed

How to Buy Stock in Trex Co

To summarize, here are the 6 steps to buy Trex Co stock:

  1. Choose where to buy Trex Co stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Trex Co stock
  5. Place your TREX buy order
  6. Monitor your TREX investment

If you are looking for a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your investment in Trex Co, create a watchlist today.

NYSE: TREX
$81.15-1.66 (-2%)
Updated Jul 19, 2024
Open eToro Account
NYSE: TREX
$81.15-1.66 (-2%)
Updated Jul 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Trex Co share?

As of Jul 19, 2024, it costs $81.15 to buy one share of Trex Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.123 shares of TREX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Trex Co stock?

According to 11 Wall Street analysts who monitor Trex Co, their consensus recommendation is to buy Trex Co stock.

What is the best way to buy Trex Co stock?

One way to place an order for Trex Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.