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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 $99.75, up 0.5% from the previous day, and has increased 115.21% in one year. It has overperformed other stocks in the Building Products & Equipment industry by 0.44 percentage points. Trex Co stock is currently +114.38% from its 52-week low of $46.53, and -2.12% from its 52-week high of $101.91.

As of Mar 28, 2024, there are 108.62M shares of TREX outstanding. The market capitalization of TREX is $10.84B. In the past 24 hours, 523,369 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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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
$99.75
1w %
-0.04%
1y %
115.21%
5y %
215.56%
P/E
52.78x
P/B
15.12x
P/S
9.9x
PEG
5.86x
Revenue
$1.09B
Earnings
$205.38M
Fore. Rev. Growth
12.94%
Fore. Earn. Growth
11.11%
Market Cap
$10.84B
Next Earnings
May 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 52.78x, relative to Building Products & Equipment industry P/E ratio of 28.23x
  • TREX could be overvalued based on its P/B ratio of 15.12x, relative to Building Products & Equipment industry P/B ratio of 5.57x
  • TREX could be overvalued based on its PEG ratio of 5.86x

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

TREX Financial Overview

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the TREX balance sheet.
  • TREX profit margin has gone up from 16.7% to 18.8% in the past year.
  • TREX has a low debt to equity ratio of 0.3.
  • There are more short-term assets than long-term liabilities on the TREX balance sheet.
  • TREX earnings of $276.20M is not sufficient to cover its interest payments.
  • Total TREX debt is lower than 5 years ago, relative to shareholder equity.
  • TREX's operating cash flow of $389.42M allows it to safely service it's debt of $24.34M.

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

Out of 9 Equities analysts who give ratings on TREX, the consensus analyst rating on Trex Co is a Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent TREX Analyst Upgrades/Downgrades

Kurt Yinger, a top 18% analyst from DA Davidson maintains TREX with a hold rating and raises their TREX price target from $80.00 to $87.00, on Feb 27, 2024.

Stanley Elliott, a top 2% 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.

Keith Hughes, a top 1% analyst from Truist Securities maintains TREX with a strong buy rating and raises their TREX price target from $70.00 to $120.00, on Feb 27, 2024.

Ketan Mamtora, a top 17% analyst from BMO Capital maintains TREX with a hold rating and raises their TREX price target from $70.00 to $72.00, on Oct 31, 2023.

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

TREX Technical Indicators

SMA10
98.01
SMA20
96.53
SMA50
91.1
SMA100
82.34
SMA200
73.62
MACD
2.37
MACD Signal
2.34
MACD Histogram
0.03
RSI
64.53
Stochastic %K
78.57
Stochastic %D
80.01
StochRSI %K
51.58
StochRSI %D
63.5

TREX Performance Numbers

Last year, TREX earnings were $205.38M. During the past five year, TREX's earnings have grown by 10.45% per year. This was slower than the Building Products & Equipment industry average of 10.98%.

Last year, TREX revenue was $1.09B. During the past 5 year, TREX's revenue has gone up by 9.86% per year. This was faster than the Building Products & Equipment industry average of 7.92%.

You can analyze TREX's earnings and revenue performance here.

Who is buying/selling TREX?

In the last 12 months, executives and large shareholders at TREX have bought more shares than they have sold.

James E. Cline, Director of TREX, was the latest TREX insider to sell. They sold $1,776,774.36 worth of TREX stock on Mar 11, 2024.

Learn more 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.

What others are saying about TREX

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your TREX buy order

You have two main types of orders:

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

Click the Open button and eToro will place your order.

If you need more help with buying stocks on eToro, watch the how to video below:

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Step 6: Monitor your TREX investment

Now that you own some shares in TREX, you'll want to keep up with your new shares.

Create a watchlist to track the most important metrics related to your TREX stock.

TREX Feed

How to Buy Stock in Trex Co

To summarize, here are the 6 steps for buying 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 require a place to buy stocks, eToro is our favorite venue.

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 want to keep an eye on your investment in Trex Co, create a watchlist on WallStreetZen today.

NYSE: TREX
$99.75+0.50 (+0.5%)
Updated Mar 28, 2024
Open eToro Account
NYSE: TREX
$99.75+0.50 (+0.5%)
Updated Mar 28, 2024
Open eToro Account

FAQ

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

As of Mar 28, 2024, it costs $99.75 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 0.1 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 9 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.