TREX

Trex Company Inc

Industrial/Transportation


Presented:05/10/2017
Price:$65.44
Cap:$1.93B
Current Price:$65.26
Cap:$7.09B

Presented

Date05/10/2017
Price$65.44
Market Cap$1.93B
Ent Value$2.13B
P/E Ratio26.68x
Book Value$5.47
Div Yield0%
Shares O/S29.56M
Ave Daily Vol267,861
Short Int6.57%

Current

Price$65.26
Market Cap$7.09B
Trex Co., Inc. engages in the manufacture of wood-alternative decking and railing. Its products include deck framing and drainage, outdoor lighting, furniture, pergola and outdoor kitchens, fencing, collections, and accessory hardware. The company was founded by Andrew U. Ferrari and Roger A. Wittenberg in 1996 and is headquartered in Winchester, VA.

Publicly traded companies mentioned herein: Trex Company Inc (TREX)

Highlights

The presenter is long shares of Trex Company (TREX), a “single product” company supplying composite decking boards. He identifies two major tailwinds: continued construction and repair/remodel recovery; and market share wins from wood decking as well as from other composite suppliers. By the presenter’s model, TREX can grow earnings 20% - 25% per year, achieving $4.50 - $5.00 in 2019 earnings. TREX shares could trade up to $100 on a 20x multiple.

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Idea Discussion

Commentor 1 - 2 weeks ago

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