Trex Company Stock Buy Hold or Sell Recommendation
| TREX Stock | USD 75.03 0.60 0.81% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Trex Company is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Trex Company given historical horizon and risk tolerance towards Trex. When Macroaxis issues a 'buy' or 'sell' recommendation for Trex Company, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Trex Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Trex and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Trex Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Trex |
Execute Trex Buy or Sell Advice
The Trex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Trex Company. Macroaxis does not own or have any residual interests in Trex Company or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Trex's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Trex Trading Alerts and Improvement Suggestions
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 330 shares by Bryan Fairbanks of Trex subject to Rule 16b-3 |
Trex Returns Distribution Density
The distribution of Trex's historical returns is an attempt to chart the uncertainty of Trex's future price movements. The chart of the probability distribution of Trex daily returns describes the distribution of returns around its average expected value. We use Trex Company price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Trex returns is essential to provide solid investment advice for Trex.
| Mean Return | 0.26 | Value At Risk | -2.93 | Potential Upside | 3.40 | Standard Deviation | 2.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Trex historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Trex Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Trex, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Trex Company back and forth among themselves.
| Shares | Geneva Capital Management | 2024-09-30 | 1.6 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.5 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.4 M | Amvescap Plc. | 2024-06-30 | 1.4 M | Norges Bank | 2024-06-30 | 1.4 M | Fmr Inc | 2024-09-30 | 1.3 M | Blair William & Co | 2024-06-30 | 1.1 M | Td Asset Management Inc | 2024-09-30 | 1.1 M | Balyasny Asset Management Llc | 2024-09-30 | 1.1 M | Blackrock Inc | 2024-06-30 | 14.1 M | Vanguard Group Inc | 2024-09-30 | 10.2 M |
Trex Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 43.1M | (27.1M) | 19.4M | (128.7M) | (10.4M) | (9.8M) | |
| Free Cash Flow | 89.1M | 14.5M | 98.7M | 40.0M | 223.3M | 234.5M | |
| Depreciation | 14.0M | 17.9M | 35.9M | 44.3M | 50.2M | 52.7M | |
| Other Non Cash Items | 67K | (5K) | 54.2M | 15.3M | 3.1M | 3.3M | |
| Capital Expenditures | 67.3M | 172.8M | 159.4M | 176.2M | 166.1M | 174.4M | |
| Net Income | 144.7M | 175.6M | 208.7M | 184.6M | 205.4M | 215.7M | |
| End Period Cash Flow | 148.8M | 121.7M | 141.1M | 12.3M | 2.0M | 1.9M | |
| Change To Inventory | 1.7M | (12.1M) | (15.5M) | (64.5M) | 34.3M | 36.0M | |
| Change To Netincome | 14.7M | 20.3M | 83.7M | 44.9M | 51.6M | 54.2M | |
| Investments | (67.2M) | (170.7M) | (158.0M) | (168.9M) | (173.7M) | (165.0M) | |
| Change Receivables | (24.3M) | 12.7M | (28.3M) | (44.3M) | (39.9M) | (37.9M) |
Trex Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Trex or Building Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Trex's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Trex stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 1.03 | |
σ | Overall volatility | 2.12 | |
Ir | Information ratio | 0.06 |
Trex Volatility Alert
Trex Company has relatively low volatility with skewness of 0.41 and kurtosis of 1.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Trex's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Trex's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Trex Fundamentals Vs Peers
Comparing Trex's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Trex's direct or indirect competition across all of the common fundamentals between Trex and the related equities. This way, we can detect undervalued stocks with similar characteristics as Trex or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Trex's fundamental indicators could also be used in its relative valuation, which is a method of valuing Trex by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Trex to competition |
| Fundamentals | Trex | Peer Average |
| Return On Equity | 0.3 | -0.31 |
| Return On Asset | 0.18 | -0.14 |
| Profit Margin | 0.20 % | (1.27) % |
| Operating Margin | 0.23 % | (5.51) % |
| Current Valuation | 8.13 B | 16.62 B |
| Shares Outstanding | 107.14 M | 571.82 M |
| Shares Owned By Insiders | 0.67 % | 10.09 % |
| Shares Owned By Institutions | 99.33 % | 39.21 % |
| Number Of Shares Shorted | 4.69 M | 4.71 M |
| Price To Earning | 28.15 X | 28.72 X |
| Price To Book | 9.05 X | 9.51 X |
| Price To Sales | 6.82 X | 11.42 X |
| Revenue | 1.09 B | 9.43 B |
| Gross Profit | 403.99 M | 27.38 B |
| EBITDA | 326.39 M | 3.9 B |
| Net Income | 205.38 M | 570.98 M |
| Cash And Equivalents | 5.88 M | 2.7 B |
| Cash Per Share | 0.05 X | 5.01 X |
| Total Debt | 32 M | 5.32 B |
| Debt To Equity | 0.20 % | 48.70 % |
| Current Ratio | 1.36 X | 2.16 X |
| Book Value Per Share | 8.23 X | 1.93 K |
| Cash Flow From Operations | 389.42 M | 971.22 M |
| Short Ratio | 3.02 X | 4.00 X |
| Earnings Per Share | 2.19 X | 3.12 X |
| Price To Earnings To Growth | 1.17 X | 4.89 X |
| Target Price | 80.44 | |
| Number Of Employees | 1.76 K | 18.84 K |
| Beta | 1.49 | -0.15 |
| Market Capitalization | 8.04 B | 19.03 B |
| Total Asset | 932.88 M | 29.47 B |
| Retained Earnings | 1.34 B | 9.33 B |
| Working Capital | 81.19 M | 1.48 B |
Note: Disposition of 1197 shares by Amy Fernandez of Trex at 56.8 subject to Rule 16b-3 [view details]
Trex Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Trex . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Trex Buy or Sell Advice
When is the right time to buy or sell Trex Company? Buying financial instruments such as Trex Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Trex in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Volatility ETFs Thematic Idea Now
Volatility ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Volatility ETFs theme has 26 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Volatility ETFs Theme or any other thematic opportunities.
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Additional Tools for Trex Stock Analysis
When running Trex's price analysis, check to measure Trex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.