TrexNYSE: TREX

WINCHESTER, Va.--(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 published its 2023 Sustainability Report, “Seeing More Value in Sustainability.” Trex 2023 financials demonstrated the strength of the Trex brand, the resilience of its consumer base, and the relevance of its products, underpinned by a 30+ year commitment to sustainability base.

TREX enhances its Spiral Stairs collection product offering by partnering with Paragon Stairs as its exclusive supplier.

WINCHESTER, Va., June 03, 2024 (GLOBE NEWSWIRE) -- Trex Company [NYSE: TREX] is stepping into outdoor living season with a strategic new addition to its roster of licensed partners.

Trex (TREX) has been upgraded to a Zacks Rank #2 (Buy), indicating increased confidence in the company's earnings potential. This could lead to a potential rise in the stock price in the short run.

Trex CEO Bryan Fairbanks joins 'The Exchange' to discuss housing trends under the current rate environment, trends in the housing market since the Covid-19 pandemic, and more.

Trex, with products that are 95% recycled material, spiked on earnings Tuesday after a powerful 85% 12-month rally.

Trex Company, Inc. (TREX) Q4 2023 Earnings Call Transcript

Trex (TREX) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.23 per share a year ago.

Trex (TREX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.