Truist Securities Reiterates Buy Rating for Trex Company, Inc.
Truist Securities maintains its buy rating on Trex with a $55 target price, a 10.64% upside from the current price.
Key Points
- Truist Securities reiterated its buy rating for Trex Company, Inc. with a price target of $55 on June 22, 2026.
- Truist Securities's $55 price target implies 10.64% upside from Trex Company, Inc.'s ($TREX) current $49.71 share price.
- TREX shares traded at $46.92, with a market cap of about $4.9 billion and a P/E ratio of 26.18.
- Several analysts maintain positive outlooks, with a consensus buy recommendation and a mean target price of $48.22.
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On June 22, 2026, Truist Securities reiterated its buy rating for Trex Company, Inc. (NYSE:TREX) and set a price target of $55. This comes as the stock traded at $46.92 on Monday, suggesting potential upside according to the analyst.
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Trex Company, Inc. Stock Up 8.6%
Shares of NYSE:TREX traded near $46.92 on Monday. Trex Company, Inc. has a market cap of approximately $4.9 billion, with a P/E ratio of 26.18. The company operates with a beta of 1.507, indicating it is somewhat more volatile than the broader market. Over the past 52 weeks, the stock has ranged from a low of $29.77 to a high of $68.78. The stock's 50-day moving average stands at $41.02, while the 200-day moving average is $42.03.
$TREX price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Trex Company reported revenue of about $1.18 billion, showing a slight growth of 1%. The company achieved a net margin of 16.25% and a return on equity of 20.08%. Earnings per share stood at $1.80. Trex is expected to announce its next earnings on August 4, 2026.
Insider Buying and Selling at Trex Company, Inc.
Several insider transactions have occurred at Trex Company. On April 1, 2026, Andrew Rose acquired 700 shares at an average price of $36.57. David Christian Keffer also bought 175 shares on the same date at the same price. Earlier, on March 3, 2026, Andrew Rose purchased 12,008 shares at $40.69. However, on March 1, 2026, Jacob Rudolph, SVP and CHRO, sold 663 shares at $41.42, and Adam Dante Zambanini, EVP and COO, sold 8,271 shares at the same price.
Analysts Set New Price Targets
Truist Securities maintained its buy rating on Trex with a $55 target on June 22, 2026. DA Davidson also maintained a buy rating on June 5, 2026, with a $51 target. On May 18, 2026, Zelman & Assoc upgraded the stock to a buy with a $50 target. The consensus among analysts is a buy recommendation, with a mean target price of $48.22 based on 18 analyst opinions.
About Trex Company, Inc.
Trex Company, Inc. is a leading manufacturer of composite decking and railing products, based in Winchester, Virginia. The company offers a wide range of decking solutions designed to resist fading, staining, mold, and scratching. Trex products are sold through wholesale distributors, retail lumber dealers, and major retailers like Home Depot and Lowe's. The company was founded in 1996 and is led by CEO Adam Dante Zambanini.
Bottom Line
Trex Company, Inc. continues to attract attention from analysts with Truist Securities reiterating its buy rating. The stock's recent trading levels and analyst targets suggest potential growth. As always, 13F filings and analyst ratings are backward-looking and may not reflect the current market conditions or future performance.
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