Overview - FTSE 100 - FTSE constituents prices, list of FTSE constituents and news Once again, no bad news, only good news. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Down, up, down. Lou Whiteman (TMFeldoubleu) ... Why Trex Stock Rose 26% Last Month Returns as of 12/12/2020. Trumponomics. The 30-stock average, dragged down by a 7.7% drop in Apple, is on track for its worst day since June. Keep in mind that Trex stock had ... the company got off to a very rough start after dropping like a spent meteor from the $1500-per-share level in 2000. Given the current economic conditions, the stock's healthy recent run, and the less-than-expected revenue growth, some investors might have seen it as a good time to take some profits. Image source: Getty Images. Trex Company, Inc.’s shares saw a change of 39.81% in year-to-date performance and have moved -0.96% in past 5-day. Signs mounted all summer that the meteoric rise in the stock market was unsustainable. The drop by the Dow was bad enough during most of the trading day, but the dive that happened around 2:40 p.m. Shares of Trex have fallen today, down by 6% as of 12:35 p.m. EDT, after the company reported second-quarter earnings. Of course, all of Trex … The S&P 500 has fallen 5.21% to 2,397.79, while Dow Jones is down 5.22% at 20,129.70. Good afternoon, and welcome to the Trex Company First Quarter 2020 Earnings Conference Call. Consumer Cyclical. The Dow Jones Industrial Average was inching higher Tuesday morning, as the Nasdaq Composite ticked lower, potentially ending its … Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. The defense bill that will pass over a possible presidential veto has an extra $1B for additional F35’s for all three services. The Nasdaq Composite dropped 2% to 10,919.59 after surging as much as 1.4%. 15.88 P/S. ; CNN … Shares of DexCom (NASDAQ:DXCM) were slipping 6.3% lower as … Company Statistics. The high price target for TREX is $75.00 and the low price target for TREX is $49.00. The S&P 500 fell 4%, while the Nasdaq Composite dropped 5.5%. Trex investors could do with a bit less of this "fun." Market Cap. So what. It also announced a 2-for-1 stock split… Market heavyweights did much of the labor in taking the Nasdaq to an eighth consecutive gain. Why That’s Bad News for the Stock Market. The technology-focused Nasdaq Composite Index declined by as much as 4.3%. Earlier in the session, the Dow was up more than 100 points. There was no company-specific news for the composite-wood manufacturer, but the market is punishing highfliers as fears of a COVID-19 coronavirus-induced recession continue to mount. It was the fourth decline in five sessions for the major averages. Trex has been a rare standout in a tough market, with its shares hitting a new high last week. After three straight days of gains, US stock indexes are under pressure today. Trex is vulnerable to a downturn in new construction or renovation spending. View real-time stock prices and stock quotes for a full financial overview. A high-level overview of Trex Company, Inc. (TREX) stock. All three averages also touched fresh intraday records. I can't predict what the next few days, months, or quarters will look like, but I remain bullish on the long-term prospects for Trex and its composite decking product. But the shares came crashing back on Monday, a risk-off day for markets. Terex (TEX) stock is lower after the company issued a statement saying it cut its 2014 full year earnings guidance. Apple , Microsoft , Alphabet and Amazon were all sharply lower. Growth - P/E. Compare key indexes, including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & more. Shares of Trex Co. (NYSE:TREX) were trading down 6% on Tuesday afternoon, and were initially down by more than 10%, after the composite-wood manufacturer reported third-quarter results. The Nasdaq composite climbed to a record high Tuesday before the stock market faded into the close. Get the latest Trex Company, Inc. (TREX) stock news and headlines to help you in your trading and investing decisions. Why Trex® Trex Outperforms Wood Our high-performance composite deck boards are engineered to resist fading, scratches and stains, and eliminate time-consuming maintenance so you’ll never step foot in the stain aisle again. Hold/Sell. Lou Whiteman, The Motley Fool. Apple , Microsoft , Alphabet and Amazon were all sharply lower. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. See you at the top! The S&P 500 Index was down 0.49% at 11:52 AM ET, while Tesla was leading Nasdaq’s 0.76% drop at the same time. Let's conquer your financial goals together...faster. Stock quote and company snapshot for TREX COMPANY INC (TREX), including profile, stock chart, recent news and events, analyst opinions, and research reports. Revenue was up 17% over the comparable period in 2018, led by a 24% increase in residential product sales. TREX | Complete Trex Co. Inc. stock news by MarketWatch. The company is clearly in growth mode. Why Trex Stock Dropped 10% After Beating Earnings This Morning Trex stock went down, came up a bit -- but is going down again after hours. In France, the CAC 40 dropped 3.4%. Is TREX A Good Stock To Buy? He spends a lot of time these days focused on the industrials and financials. The S&P 500 fell 4%, while the Nasdaq Composite … The Dow Jones index closes above 30,000 for the first time amid string of positive news. Stock Advisor launched in February of 2002. Let's conquer your financial goals together...faster. Trex also cut full-year capital spending guidance by $10 million, to between $65 million and $70 million, due to timing of actual cash payments related to the company's $200 million capacity expansion project. Now, I'm not saying that the stock is necessarily undervalued today; but I can't shake an appreciation for the profitability of the business itself. Author: Amanda Schiavo. Whether you’re convinced or not, the key takeaway here is that every stock gets hit in a bear market, but not every stock deserves the blow. These latest quarterly results do nothing to change my outlook. The 30-stock average, dragged down by a 7.7% drop in Apple, is on track for its worst day since June. Find the latest Trex Company, Inc. (TREX) stock quote, history, news and other vital information to help you with your stock trading and investing. As a long-term holder I remain optimistic Trex has a bright future, even if near-term challenges or a potential recession do cause some volatility. Even after Monday's sell-off, shares of Trex are still up more than 32% over the past year and up 264% over the past five years, beating the S&P 500 by 31 percentage points and 230 percentage points, respectively. Hold/Sell. Stock Market News. Why Terex (TEX) Stock Is Falling Today. Get today's stock futures, stock market commentary, stocks to watch, analyst upgrades and more. Europe's stock markets closed deep in the red today. After markets closed Monday, Trex reported third-quarter earnings of $0.72 per share, ahead of the $0.68 consensus, despite revenue that at $195 million was nearly $15 million shy of expectations. Among these funds, Broad Bay Capital held the most valuable stake in Trex Company, Inc. (NYSE:TREX), which was worth $31.5 million at the end of the third quarter. Read full article. — Yun Li Everything you need to know about the stock market today. Learn more. Us markets have followed Europe and Asia down. As the Dow and broader stock market careened toward their ugliest drop of the year Monday, analysts blamed the sell-off on negative coronavirus headlines. Author: … Morning Brief. Concerns that the U.S. economy would start to weaken without more fiscal stimulus caused a late-day selloff. 6:08 a.m. [Operator Instructions] Please note this event is being recorded. 8.51B Sector. Find the latest stock market trends and activity today. ET started to resemble the 2010 flash crash at … The company has enjoyed solid growth in its composite decking product, which now makes up roughly one-fifth of total decking installations, and was seen as a potential beneficiary of the coronavirus scare should consumers decide to stay at home, and perhaps renovate, instead of taking vacations this summer. ; The S&P 500 finished down nearly 12%. What happened. "Growth was led by the appeal of the Trex brand and the value proposition our products represent, strong demand for the new Enhance product line and positive market conditions.". When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. The company generated earnings that came in ahead of consensus, but revenue was a little light, and Trex signaled a seasonal slowdown heading into the fourth quarter. Today's Trex decks resist blemishes with an innovative, high-performance shell that wraps around three sides of our deck boards. I would now like to turn the conference over to Viktoriia Nakhla. This story gets even stranger. Composite "wood" manufacturer Trex put up Q4 2019 financial results that were really fantastic, with sales leaping 18% and profits soaring 41% year over year. Net income for the third quarter was $42 million, up more than 40% from the $29 million in net income reported in the third quarter of 2018. The Dow recorded its worst one-day point drop in history. TREX stock: Trex Company Inc Current Rating. Why Terex (TEX) Stock Is Falling Today. Long-term-focused investors should hold on through the downturn. Terex (TEX) stock is lower after the company issued a statement saying it cut its 2014 full year earnings guidance. Trex Company tick the boxes in terms of its scale, financial health and proven track record, but there are a few other things I have yet to consider. The technology-focused Nasdaq Composite Index declined by as much as 4.3%. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Shares of Trex Are Falling Today @themotleyfool #stocks $TREX, This Home Improvement Stock Is Up 70% This Year, but One Expert Says It's Worth Buying Now, Trex Company Inc (TREX) Q3 2020 Earnings Call Transcript, Trex Company Inc (TREX) Q2 2020 Earnings Call Transcript, Copyright, Trademark and Patent Information. Trex Co. Inc. TREX 74.68 0.05 (0.07%). Wall Street Stock Market & Finance report, prediction for the future: You'll find the TREX share forecasts, stock quote and buy / sell signals below.According to present data TREX's TREX shares and potentially its market environment have been in bearish cycle last 12 months (if exists). $77.17. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Please go ahead. Shares of Trex (NYSE:TREX) were down about 9% around 3 p.m. on Monday, a miserable day for markets. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. As the Dow and broader stock market careened toward their ugliest drop of the year Monday, analysts blamed the sell-off on negative coronavirus headlines. Global recession risks could lead to a 20% pullback in technology stocks, according to investor Paul Meeks. When prices are dropping like flies, now is the time to do your research and buy at a discount. Investors could do with a compelling product of Trex ( NYSE: ). These days focused on the medical device stock on Monday, September 11th 2020 newly... Its shares hitting a new high last week to know about the stock Falling by as much as 4.3.. Average, dragged down by a 7.7 % drop in apple, is on track its! 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