It serves residential homeowners, commercial property developers, and institutional clients in the United States, with a presence in both residential and commercial construction segments.The company generates revenue primarily through manufacturing and distributing outdoor building materials to wholesale distributors, retail lumber dealers, and major home improvement retailers.Trex offers composite decking, railing, fencing, and outdoor living products, including branded systems such as Trex Transcend, Trex ...

Trex Company, Inc. (NYSE:TREX) is one of the Worst Performing Stocks to Invest in on the Dip. On November 10, Stifel downgraded the company’s stock to “Hold” from “Buy” with a price objective of $35, down from the prior target of $61, as reported by The Fly. As per the analyst, Trex Company, Inc. (NYSE:TREX) has reset expectations for all the known headwinds. Stifel Downgrades Trex Company (TREX) Stock However, gaining confidence in the updated outlook is expected to take time. Furthermore, Stifel stated ...

公司业绩表现 - 第三季度调整后每股收益为0.51美元，低于分析师普遍预期的0.57美元 [3] - 第三季度有机销售额同比增长22%至2.85亿美元，但低于华尔街预期的3.02亿美元 [3] - 公司将第四季度展望下调，归因于维修和改造业务持续疲软以及分销商预计将减少库存 [4] - 全年销售额预期下调至11.5亿至11.6亿美元，此前预期为12.1亿至12.3亿美元 [4] 财务指引与市场反应 - 公司预计2026年毛利率将下降250个基点 [4] - 公司股价在报告当日下跌29%，为2005年以来最大单日跌幅 [5] - 公司股价今年迄今已下跌52%，较2021年12月10日的历史收盘高点下跌76% [5] 行业竞争与公司挑战 - 竞争对手正在增加营销支出，公司亦采取相同策略，引发行业“营销战” [6] - 华尔街担忧的焦点不仅在于疲软的家装和住宅房地产市场，更在于公司面临的特定挑战，包括日益激烈的竞争和第三季度支出的突然下降 [5] - 有分析师认为，尽管竞争加剧可能是需求疲软下的暂时现象，但短期内可能导致公司被负面重新评级 [8] - 有观点指出，营收未达预期和分销商减少库存的举措目前似乎是公司独有的问题 [9]