Loop Capital Markets Keeps Hold Rating on Trex Company with $66 Price Target

Loop Capital Markets maintains a Hold rating on Trex Company with a $66.00 price target, following a report by Jeffrey Stevenson. The company's shares closed at $60.26. The analyst consensus rating for Trex Company is Moderate Buy with an average price target of $66.83. Insider sentiment is negative, with 45 insiders selling shares over the past quarter.

Loop Capital Markets has maintained its 'Hold' rating on Trex Company (TREX, Financial), a leading manufacturer of wood-alternative decking products. The decision, announced by analyst Jeffrey Stevenson, reflects ongoing confidence in the company's performance and market position. However, the rating suggests that while potential for growth exists, the stock may not significantly outperform the market in the near term [1].

Stevenson revised the price target for TREX to $66.00, an increase from the previous target of $62.00. This represents a 6.45% increase in the projected stock value, indicating a positive outlook for Trex Co's future performance [1].

The average target price for TREX, based on the one-year price targets offered by 16 analysts, is $67.69, with a high estimate of $85.00 and a low estimate of $54.00. The average target implies an upside of 5.58% from the current price of $64.11 [1]. Additionally, the consensus recommendation from 19 brokerage firms is currently 2.6, indicating a "Hold" status [1].

GuruFocus estimates the GF Value for TREX in one year to be $72.15, suggesting an upside of 12.54% from the current price of $64.11. GF Value is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and future estimates of the business' performance [1].

Shares of TREX closed at $60.26 on July 2, 2025, following a 6.8% morning session increase due to an upgrade by Baird to "Outperform" from "Neutral." Baird cited confidence in the company's stable sell-through trends and expects earnings per share for 2025 to exceed peak levels seen in 2021 [2]. Despite the positive outlook, TREX has been volatile, with 17 moves greater than 5% over the last year [2].

The insider sentiment for TREX is negative, with 45 insiders selling shares over the past quarter. This suggests that insiders may have concerns about the company's future prospects [3].

Overall, while the positive outlook from Loop Capital and Baird analysts indicates potential growth for TREX, the 'Hold' rating and negative insider sentiment suggest caution. Investors should closely monitor the company's performance and any future developments.

References:
[1] https://www.gurufocus.com/news/2970979/trex-co-trex-maintained-at-hold-by-loop-capital-price-target-raised-trex-stock-news
[2] https://finance.yahoo.com/news/why-trex-trex-shares-soaring-155059773.html
[3] https://www.marketbeat.com/stocks/NYSE/TREX/forecast/