Trex Stock Slips After Downgrade From Baird
Baird analyst Timothy Wojs downgraded Trex Company Inc (NYSE:TREX) to Neutral from Outperform and lowered the price target to $108 (implying an upside…
Baird Downgrades Trex Co to Neutral, Lowers Price Target to $108
Baird analyst Timothy Wojs downgrades Trex Co (NYSE:TREX) from Outperform to Neutral and lowers the price target from $116 to $108.
Looking into Trex Co’s Return on Capital Employed
After pulling data from Benzinga Pro it seems like during Q2, Trex Co (NYSE:TREX) earned $82.36 million, a 27.71% increase from the preceding quarter. Trex Co also posted a total of $311.60 million in sales, a 26.91% increase since Q1.
Return on Capital Employed Insights for Trex Co
After pulling data from Benzinga Pro it seems like during Q2, Trex Co (NYSE:TREX) earned $82.36 million, a 27.71% increase from the preceding quarter. Trex Co also posted a total of $311.60 million in sales, a 26.91% increase since Q1.
DA Davidson Maintains Neutral on Trex Co, Lowers Price Target to $100
DA Davidson analyst Kurt Yinger maintains Trex Co (NYSE:TREX) with a Neutral and lowers the price target from $108 to $100.
Earnings Scheduled For August 2, 2021
Companies Reporting Before The Bell
• HSBC Holdings (NYSE:HSBC) is estimated to report earnings for its second quarter.
Trex Co Insights: Return On Capital Employed
Looking at Q1, Trex Co (NYSE:TREX) earned $64.49 million, a 10.87% increase from the preceding quarter. Trex Co also posted a total of $245.52 million in sales, a 7.55% increase since Q4. In Q4, Trex Co earned $58.17 million, and total sales reached $228.29 million.
‘Fast Money Halftime Report’ Picks For June 18
On CNBC's "Fast Money Halftime Report," Karen Firestone said Visa Inc (NYSE: V) has been an underperformer so far this year and it plays right into people spending more money.