SC 13G/A - TREX CO INC (0001069878) (Subject)

SC 13G/A - TREX CO INC (0001069878) (Subject)

SC 13G/A - TREX CO INC (0001069878) (Subject)

SC 13G - TREX CO INC (0001069878) (Subject)

SC 13G - TREX CO INC (0001069878) (Subject)

SC 13G/A - TREX CO INC (0001069878) (Subject)

SC 13G/A - TREX CO INC (0001069878) (Subject)

SC 13G/A - TREX CO INC (0001069878) (Subject)

SC 13G/A - TREX CO INC (0001069878) (Subject)

Continued Strength in Consumer Demand for Premium Products New Railing Product Introductions to Accelerate Market Share Gains Provides Update on New Arkansas Facility Reaffirms Full Year 2024 Sales Guidance and Expects to Achieve High End of EBITDA Guidance Range Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial results for the third quarter of 2024. Third Quarter Financial 2024 Highlights Net sales of $234 million Gross margin of 39.9% Net income of $41 million and diluted earnings per share of $0.37 EBITDA of $68 million

Broad and Diverse Portfolio Gives Builders and Homeowners the Most Designs, Colors, Styles and Options for Outdoor Living For more than 30 years, the Trex name has been synonymous with high-performance, low-maintenance composite decking – but that's about to change. With the extensive range of new products the brand has on tap for 2025, Trex Company (NYSE:TREX) is primed to expand its leadership beyond decking to elevate the brand as a total outdoor living resource. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241022476856/en/New railing products from Trex® (Photo: Business Wire) "2025 will be the year of railing for Trex," sa

Leading Building Products Distributor is Now Exclusive with Trex Decking and Railing, with Plans to Expand Trex Footprint into Colorado Leading building products distributor Snavely Forest Products is going all-in with Trex. The longtime Trex®-exclusive decking distributor will now sell Trex® railing exclusively through its nationwide distribution network, including expanded reach with Trex in the Colorado market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241014374934/en/ "It is a very exciting time to be affiliated with Trex," said Clark Spitzer, president of Snavely Forest Products. "Not only do they engineer the industry

Trex Company, Inc. (NYSE:TREX) the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, will issue its third quarter 2024 earnings release on Monday, October 28, 2024, after the close of the U.S. market. You are invited to participate in the Company's conference call hosted by senior management on October 28, 2024, at 5:00 PM ET. Their prepared remarks will be followed by a question-and-answer session. 3Q24 Conference Call Date & Time: Monday, October 28, 2024, at 5:00 PM ET To participate on the day of the call, dial 1-844-792-3734, or internationally 1-412-317-5126, approximately ten minutes bef

WINCHESTER, Va., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Amid increasing concern related to plastic bag and film recycling, Trex Company (NYSE:TREX) is making it easier than ever for Americans to responsibly dispose of plastic film waste. The leading manufacturer of high-performance composite decking and railing is proud to announce the launch of the NexTrex® Plastic Recycling Drop-Off Directory, the country's only online searchable platform dedicated to connecting eco-minded Americans with Trex recycling partners in their local communities. With locations in all 50 states, the nationwide directory fills a gap in the marketplace, offering a comprehensive resource that empowers individuals to co

Heat-mitigating* Technology Now Available at Even Cooler Price Points Trex Company (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, is expanding performance and aesthetic options for homeowners with the addition of two new colors to the brand's popular Trex Enhance® decking line – both featuring heat-mitigating* technology coupled with affordability. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240904006750/en/Tide Pool is one of two new colors to join the Trex Enhance® decking collection. (Photo: Business Wire) "

Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today announced its participation in the following investor conferences: Goldman Sachs 31st Annual Global Retailing Conference Location: New York, NY Date: Wednesday, September 4th Fireside Chat: 8:15 AM EDT Trex Management: Bryan H. Fairbanks, President and Chief Executive Officer Adam D. Zambanini, Executive Vice President and Chief Operating Officer Jefferies Industrials Conference Location: New York, NY Date: Thursday, September 5th Fireside Chat: 8:40 AM EDT Trex Management: Bryan H. Fa

WINCHESTER, Va., Aug. 21, 2024 (GLOBE NEWSWIRE) -- In a world increasingly focused on sustainability, Trex Company (NYSE:TREX) is committed to doing its part to tackle America's growing plastic waste problem. Through the NexTrex® Grassroots Movement, Trex works together with eco-minded businesses, municipalities, educational institutions and other organizations across the country to responsibly dispose of polyethylene (PE) plastic waste and give it new life as beautiful, durable and environmentally friendly Trex® composite decking. Since launching in August of 2022, this collaborative recycling initiative has experienced tremendous growth with an impressive 227% increase in participation.

Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today reported on recent repurchases of its common stock. In the third quarter 2024, the Company has repurchased 822,400 shares at an average price of $60.83 per share, for a total of $50 million, as part of the Stock Repurchase Program adopted by its Board of Directors on May 4, 2023. As of August 19, 2024, the Company has 9.7 million shares remaining on its existing repurchase authority under the Stock Repurchase Program. The Stock Repurchase Program has no set expiration date. "These share repurchases refl

Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, announced the appointment of executive Chris Keffer as a new independent member of its Board of Directors, effective August 15, 2024. Mr. Keffer brings 30 years of leadership experience in the power tool industry, serving both the professional and consumer markets. In 2023, he was named President and Chief Executive Officer of STIHL Inc., the U.S. affiliate of the STIHL Group, the world's top-selling brand of chainsaws. At their Virginia-based operations, Mr. Keffer is responsible for the manufacturing, distrib

Trex Co (NYSE:TREX) has outperformed the market over the past 10 years by 16.72% on an annualized basis producing an average annual return of 27.72%. Currently, Trex Co has a market capitalization of $8.86 billion. Buying $1000 In TREX: If an investor had bought $1000 of TREX stock 10 years ago, it would be worth $12,161.06 today based on a price of $81.55 for TREX at the time of writing. Trex Co's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and revi

Barclays analyst Matthew Bouley maintains Trex Co (NYSE:TREX) with a Underweight and lowers the price target from $94 to $81.

Citigroup analyst Anthony Pettinari maintains Trex Co (NYSE:TREX) with a Neutral and lowers the price target from $94 to $80.

Loop Capital analyst Jeffrey Stevenson maintains Trex Co (NYSE:TREX) with a Buy and lowers the price target from $110 to $95.

Goldman Sachs analyst Susan Maklari maintains Trex Co (NYSE:TREX) with a Buy and lowers the price target from $114 to $93.

Trex Co's (NYSE:TREX) short percent of float has risen 6.53% since its last report. The company recently reported that it has 5.38 million shares sold short, which is 5.71% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.47 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is imp

Across the recent three months, 5 analysts have shared their insights on Trex Co (NYSE:TREX), expressing a variety of opinions spanning from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 3 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 1 1 0 3M Ago 0 0 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $98.8, with a high estimate of $110.00 and a low estimate of $80.00. Experiencing a 1.59% dec

DA Davidson analyst Kurt Yinger maintains Trex Co (NYSE:TREX) with a Neutral and lowers the price target from $89 to $80.

Shares of Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) fell sharply during Friday's session after the company announced pricing of $6.0 million public offering. Kaival Brands priced its 3,921,500 unit offering at $15.3 per unit. Kaival Brands Innovations Group shares dipped 47% to $1.52 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers American Rebel Holdings, Inc. (NASDAQ:AREB) shares jumped 161% to $0.8048 after the company signed a Connecticut distribution agreement with Dichello Distributors. Sharecare, Inc. (NASDAQ:SHCR) jumped 74% to $1.35 after the company agreed to be acquired by Altaris affiliate for $1.43 per share in cash.

Heat-mitigating* Technology Now Available at Even Cooler Price Points Trex Company (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, is expanding performance and aesthetic options for homeowners with the addition of two new colors to the brand's popular Trex Enhance® decking line – both featuring heat-mitigating* technology coupled with affordability. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240904006750/en/Tide Pool is one of two new colors to join the Trex Enhance® decking collection. (Photo: Business Wire) "

Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, announced the appointment of executive Chris Keffer as a new independent member of its Board of Directors, effective August 15, 2024. Mr. Keffer brings 30 years of leadership experience in the power tool industry, serving both the professional and consumer markets. In 2023, he was named President and Chief Executive Officer of STIHL Inc., the U.S. affiliate of the STIHL Group, the world's top-selling brand of chainsaws. At their Virginia-based operations, Mr. Keffer is responsible for the manufacturing, distrib

Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leader in outdoor living products, today announced that it has named Brenda Lovcik Senior Vice President and Chief Financial Officer effective October 23, 2023. Mrs. Lovcik has over 25 years of demonstrated financial and operational success with high-profile publicly traded companies. Most recently she served as Chief Financial Officer, Global Products, Global Supply Chain and Global FP&A at Johnson Controls, Inc. Prior to that she had a successful 20-year career and held multiple senior financial roles at Medtronic, Inc. In her most recent positio

Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, announced today the appointment of human resources executive Melkeya McDuffie as a new independent member of its Board of Directors effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230424005212/en/Trex Company Appoints Human Resources Leader Melkeya McDuffie to its Board of Directors (Photo: Business Wire) Ms. McDuffie is an accomplished executive and leader with a long career in human capital and general business management. She is currently Execu

MINNEAPOLIS, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Trex Commercial, a leading national provider of architectural railing systems, has expanded its U.S. sales force with the appointment of two new regional sales representatives. Michael Angelo Scalze and Kyle Jorgenson share responsibility for the Midwest region working together to grow business, drive sales and nurture relationships with specifiers and project managers in the commercial arena. They report to Tim White, vice president of sales for Trex Commercial. "The Midwest is one of the most active regions for commercial building right now and it is critical that Trex Commercial be well represented and connected," stated White. "These me

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world’s #1 brand of composite decking and railing and leader in high-performance, low-maintenance and eco-friendly outdoor living products and a leading national provider of custom-engineered commercial railing systems, today announced the appointment of Gena C. Lovett as a new independent member of its Board of Directors. Ms. Lovett is a seasoned operations executive with an extensive career in manufacturing at marquee companies. Most recently she served as Vice President of Operations for The Boeing Company’s defense sector, a $30 billion organization. Prior to that role, Ms. Lovett was Director of Manufacturin