.jpg "Trex Company (NYSE: TREX)")
Today, the Sr VP,Gen. Counsel & Secretary of Trex Company (NYSE: TREX), William Gupp, sold shares of TREX for $424.5K.
Following William Gupp’s last TREX Sell transaction on August 03, 2017, the stock climbed by 40.5%. In addition to William Gupp, 2 other TREX executives reported Sell trades in the last month.
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Based on Trex Company’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $207 million and quarterly net profit of $42.82 million. In comparison, last year the company earned revenue of $158 million and had a net profit of $28.78 million. TREX’s market cap is $4.66B and the company has a P/E ratio of 39.61. Currently, Trex Company has an average volume of 425.8K.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $87.60, reflecting a -10.4% downside.
The insider sentiment on Trex Company has been negative according to 71 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Trex Co., Inc. engages in the manufacture of wood-alternative decking and railing. Its products include deck framing and drainage, outdoor lighting, furniture, pergola and outdoor kitchens, fencing, collections, and accessory hardware. The company was founded by Andrew U. Ferrari and Roger A. Wittenberg in 1996 and is headquartered in Winchester, VA.
