Added to YB: 2024-03-20
Pitch date: 2023-12-31
TREX [bullish]
Trex Company, Inc.
-57.1%
current return
Author Info
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Company Info
Trex Company, Inc. manufactures and sells composite decking and railing products in the United States.
Market Cap
$5.4B
Pitch Price
$81.78
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.64
P/E
29.06
EV/Sales
5.04
Sector
Building Products
Category
growth
Show full summary:
Wasatch Global Investors Core Growth Fund Portfolio Holding - Trex Company, Inc.
TREX: Outperformed in Q4 after lagging in '22 on housing fears. Maintained conviction on continued share gains vs wood. Stock rebounded: buybacks, inventory reduction, Q4 revs +60%, expanding margins, '24 outlook strong as RE recovers. #1 brand with pro contractors - most valuable segment.
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