Could Trex Company Inc. (TREX)s Current Volatility Hinder Its Future Potential?
Trex Company Inc. (NYSE:TREX) has a beta value of 1.48 and has seen 0.25 million shares traded in the last trading session. The company, currently valued at $11.68B, closed the last trade at $101.32 per share which meant it gained $0.07 on the day or 0.07% during that session. The TREX stock price is -9.59% off its 52-week high price of $111.04 and 39.87% above the 52-week low of $60.92. The 3-month trading volume is 654.48K shares. The consensus among analysts is that Trex Company Inc. (TREX) is an Overweight stock at the moment, with a recommendation rating of 2.40. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 9 out of 15 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. Trex Company Inc. (NYSE:TREX) trade information  Sporting 0.07% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 07/02/21 when the TREX stock price touched $101.32 or saw a rise of 2.53%. Year-to-date, Trex Company Inc. shares have moved 21.02%, while the 5-day performance has seen it change 1.13%. Over the past 30 days, the shares of Trex Company Inc. (NYSE:TREX) have changed 7.05%. Wall Street analysts have a consensus price target for the stock at $114.15, which means that the shares value could jump 11.24% from current levels. The projected low price target is $98.00 while the price target rests at a high of $125.00. In that case, then, we find that the current price level is -23.37% off the targeted high while a plunge would see the stock lose 3.28% from current levels. Trex Company Inc. (TREX) estimates and forecasts  Figures show that Trex Company Inc. shares have underperformed across the wider relevant industry. The companys shares have gained 21.02% over the past 6 months, with this year growth rate of 32.26%, compared to 41.70% for the industry. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 31.80% over the past 5 years. Earnings growth for 2021 is a modest 22.50% while over the next 5 years, the companys earnings are expected to increase by 15.70%. TREX Dividends  Trex Company Inc. is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the companys debt issue.