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 $63.96, up 1.19% from the previous day, and has increased 40.85% in one year. It has overperformed other stocks in the Building Products & Equipment industry by 0.21 percentage points. Trex Co stock is currently +65.36% from its 52-week low of $38.68, and -15.9% from its 52-week high of $76.05.
There are currently 108.56M TREX shares outstanding. The market value of TREX is $6.94B. In the last 24 hours, 849,471 TREX shares were traded.
How to Buy Trex Co Stock
Wondering how to invest in Trex Co stock? Here's how.
- Choose where to buy Trex Co stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Trex Co stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your payment method and add your information.
- 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 analysis website can help you understand if TREX is a good stock to buy).
- Place your TREX buy order: Decide if you will purchase TREX shares at the current market price or use a limit order to purchase TREX stock at a specific price.
- Monitor your TREX investment: Create a watchlist to get the latest news on your position in Trex Co stock.
Step 1: Choose where to buy Trex Co stock
You need a brokerage account in order to access the NYSE market and buy TREX stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal info so you are able to invest in TREX today.
How to Open a New Account on eToro
- Click here to get started.
- Input your personal details to create a new brokerage account.
- Send your info by hitting the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you've created your account on apps for stock market, you need to deposit funds:
Watch the video below to see the process of transferring funds into your new investment account.
Step 4: Evaluate Trex Co stock
After you have identified the best place to buy Trex Co stock, it's crucial to research their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Overview of key TREX info
Fundamentals of Trex Co
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TREX's stock page.
Is TREX stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge TREX's true value.
Using relative valuations methods:
- TREX could be overvalued based on its P/E ratio of 48.45x, relative to Building Products & Equipment industry P/E ratio of 23.32x
- TREX could be overvalued based on its P/B ratio of 11.14x, relative to Building Products & Equipment industry P/B ratio of 4.26x
- TREX could be overvalued based on its PEG ratio of 1.13x
You can do more valuation analysis on TREX's stock here.
How do TREX Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the TREX balance sheet.
- There are more short-term assets than short-term liabilities on the TREX balance sheet.
Failed Financial Due Diligence Checks:
- TREX profit margin has gone down from 19% to 14.6% in the past year.
- TREX has cash burn of 50671000. It does not have sufficient cash and short-term investments to cover this.
- TREX has $4.23M in cash and short term investments. This is not enough to cover its annual cash burn of $50.67M.
- Total TREX debt is higher than 5 years ago, relative to shareholder equity.
- TREX has a relatively high debt to equity ratio of 0.72.
Is TREX stock a Buy, Hold, or Sell, according to analysts?
Out of 14 sell side analysts who give recommendations on TREX, the consensus analyst rating on TREX is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent TREX Analyst Recommendations
Alex Rygiel, a top 1% analyst from B. Riley Securities maintains TREX with a strong buy rating and raises their TREX price target from $81.00 to $87.00, on Sep 8, 2023.
Trey Grooms, a top 4% analyst from Stephens & Co. reiterates TREX with a strong buy rating and maintains their TREX price target from $85.00 to $85.00, on Sep 8, 2023.
Anthony Pettinari, a top 3% analyst from Citigroup initiates coverage on TREX with a hold rating and announces their TREX price target of $72.00, on Aug 25, 2023.
Ketan Mamtora, a top 18% analyst from BMO Capital maintains TREX with a hold rating and raises their TREX price target from $70.00 to $74.00, on Aug 2, 2023.
Dan Oppenheim, a top 24% analyst from Credit Suisse maintains TREX with a sell rating and raises their TREX price target from $47.00 to $58.00, on Aug 2, 2023.
You can dive deeper into what analysts are projecting on the Trex Co stock forecast page.
TREX Momentum
TREX Performance Metrics
Last year, TREX earnings were $142.67M. In the last 5 year, TREX's earnings have increased by 5.6% per year. This was slower than the Building Products & Equipment industry average of 29.1%.
Last year, TREX revenue was $975.82M. In the past 5 year, TREX's revenue has increased by 8.79% per year. This was slower than the Building Products & Equipment industry average of 19.73%.
Dive into TREX's earnings and revenue performance here.
Are TREX executives and large shareholders buying or selling the stock?
Over the past year, insiders 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 $462,687.40 worth of TREX stock on Aug 1, 2023.
Get more info about who owns TREX shares here.
Does TREX provide a stable income stream?
No, Trex Co doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your TREX buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Press the Open button and eToro will execute your order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Monitor your TREX investment
Now that you own some TREX stock, you'll want to stay up-to-date on your investment.
Add TREX to a watchlist to get alerted to the latest events about your TREX stock.
TREX Feed
How to Buy Stock in Trex Co
To reiterate, here are the 6 steps to buy stock in Trex Co:
- Choose where to buy Trex Co stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Evaluate Trex Co stock
- Place your TREX buy order
- Monitor your TREX investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Trex Co, get started below.
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