Tillkännagivande • Jul 14
Trex Company, Inc. Revises Earnings Guidance for the Second Quarter Ended June 30, 2026 and Full Year of 2026 Trex Company, Inc. revised earnings guidance for the second quarter ended June 30, 2026 and full year of 2026. For the quarter, the company expects sales to come in at approximately $418 million, above the company's guidance of $388 to $403 million with strong sell through driven by consumer demand across channels and products. Net income of $61.9 million.
For the year, the company expects net sales in the range of $1.215 billion to $1.250 billion. Tillkännagivande • Jul 08
Trex Company, Inc. to Report Q2, 2026 Results on Aug 04, 2026 Trex Company, Inc. announced that they will report Q2, 2026 results at 6:30 AM, US Eastern Standard Time on Aug 04, 2026 Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to Mex$835, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Building industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,045 per share. Tillkännagivande • May 09
Trex Company, Inc. Provides Earnings Guidance for the Second Quarter of 2026 and Reaffirms Earnings Guidance for the Full Year of 2026 Trex Company, Inc. provided earnings guidance for the second quarter of 2026 and reaffirmed earnings guidance for the full year of 2026. For the quarter, the company expects revenue to be in the range of $388 million to $403 million.
For the year, the company expects net sales to be in the range from $1.185 billion to $1.230 billion. Tillkännagivande • May 05
Trex Company, Inc. Appoints Zachary C. Lauer as Senior Vice President, Chief Operations Officer Trex Company, Inc. announced the appointment of Zachary C. Lauer as Senior Vice President, Chief Operations Officer. Lauer brings more than two decades of experience in operations, supply chain, and manufacturing leadership, including ten years with Trex. Most recently, he served as Senior Vice President, Supply Chain and Manufacturing. Prior to that, he held the role of Group Vice President, Supply Chain, and served in multiple leadership positions, including Vice President and Senior Director of the Company. Before joining Trex, Lauer held numerous senior roles in supply chain, manufacturing, and engineering at Newell-Rubbermaid Company and Federal-Mogul. He holds an MBA from Villanova University and a BS in Aerospace Engineering from the United States Military Academy. In this role, Lauer will lead the Company’s manufacturing, supply chain, engineering, and R&D functions, driving operational excellence and enabling Trex’s continued growth. Tillkännagivande • Apr 09
Trex Company, Inc. to Report Q1, 2026 Results on May 07, 2026 Trex Company, Inc. announced that they will report Q1, 2026 results at 6:30 AM, US Eastern Standard Time on May 07, 2026 Tillkännagivande • Mar 25
Trex Company Unveils Performance-Engineered Brand Platform Trex Company was the world’s largest manufacturer of wood-alternative decking, railing and high-performance outdoor living products. Featuring fresh creative and high-profile lifestyle and sports integrations, the ambitious marketing campaign puts real-life performance front and center. From everyday wear-and-tear to extreme weather and demanding site conditions, outdoor materials must stand up to everything from moisture and heat to scratches and heavy use – without the need for constant upkeep. Whether installed beside a backyard pool, along a saltwater dock, or in areas subject to strict fire-safety codes, Trex decking is engineered to withstand those realities, empowering homeowners to live fully outside with confidence and without compromise. At the heart of the 2026 rollout is a trio of dynamic new television spots developed in collaboration with Nashville-based agency BUNTIN and Los Angeles-based production partner TOOL. The three creative concepts bring the advantages of Trex decking and railing to life through relatable, everyday scenarios. Spots launching this week include: “No Regrets” – a humorous side-by-side comparison of a frustrated wood dock owner burdened by sanding and staining versus a carefree Trex dock owner enjoying life on the water, spotlighting Trex’s 100% submersible, marine-grade performance. “It’s Alright” – a lighthearted but reassuring reminder that when homeowners choose Trex – and a trusted TrexPro builder – they’re choosing a seamless experience from concept to completion. Going live later this spring, the third spot titled “Anthem” highlights the innovation, design sophistication and easy ownership that set Trex apart. Low-angle cinematic shots showcase the intricate details of Trex decking, punctuated by graphic callouts reinforcing the brand’s leadership in key areas, from wood-like aesthetics and sustainability to its extensive decking & railing options and a trusted TrexPro contractor network. The camera then pulls back to a sweeping waterfront scene as two adults dive playfully into the pool, ending with the declaration: Trex. Performance-Engineered for Your Life Outdoors. The new Trex commercials will run nationally across broadcast, streaming TV, streaming audio and digital channels throughout 2026 with a focus on high-reach lifestyle networks (e.g., HGTV, Magnolia, FOOD, Disney+, Paramount+, HULU and MAX) and targeted sports programming (e.g., ESPN, Golf Channel). The integrated campaign also includes new radio spots, social concepts and public relations initiatives reinforcing how Trex stands up to real-world backyard challenges without compromise. Additionally, Trex will further amplify brand exposure through high-profile sponsorship integrations including the 2026 HGTV Dream Home and 2026 HGTV Smart Home, the American Century Championship celebrity golf event, and the highly anticipated return of NBC’s golf reality competition series “The Big Break.” These premium partnerships align the brand with platforms that resonate strongly with homeowners and building professionals alike. This consumer push is matched by a robust, integrated trade strategy designed to reach and engage contractors and dealers where they are – on and off the clock. Dedicated creative emphasizes installation consistency, product reliability and the strength of the TrexPro network – positioning Trex as a partner that helps builders protect their reputations, grow their businesses and deliver exceptional outdoor spaces. Tillkännagivande • Mar 10
Trex Company Introduces Fire-Resistant Outdoor Decking Trex Company introduced Trex Refuge decking, which is engineered to resist fire ignition and slow flame spread. Trex Refuge decking is a new offering from the category leader that is engineered to resist fire ignition and slow flame spread. The polymer PVC boards are backed by independent third-party testing and designed to meet the latest building-code requirements for Class A Flame Spread and ignition resistance in many jurisdictions. Compliant with standards for both WUI (Wildland-Urban Interface) zones and IWUIC (International Wildland-Urban Interface Code), Trex Refuge decking is suitable for specification in many high fire-risk areas* without sacrificing aesthetics or performance. Trex Refuge decking is made with advanced polymer PVC designed to help resist ignition and slow the spread of flames. Independently tested to the industry’s most rigorous fire-performance standards, it meets the Class A Flame Spread rating – among the highest fire-performance levels for exterior decking. In flame spread testing, Trex Refuge boards outperformed traditional wood decking, delivering a more fire-resistant alternative to wood. Aesthetically, Trex Refuge decking features solid-profile boards with a refined wire-brushed grain pattern that delivers a luxurious natural wood-look finish. The collection is available in two nature-inspired hues: Point Reyes – a misty coastal grey with cool undertones inspired by rugged western shorelines; and Martis Valley – a light, sun-washed beige with soft golden undertones and a clean, contemporary finish. Like all Trex decking, Trex Refuge is engineered for lasting beauty and performance. Boards resist fading, stainingand the effects of weather and other outdoor elements. They won’t rot, warp, or splinter, and require no sanding, staining, or sealing. Trex Refuge decking is backed by a 50-Year Limited Residential Warranty, delivering enduring assurance and high-performance outdoor living. Trex Refuge decking is available in select regions. Tillkännagivande • Feb 16
Trex Company Showcases the Future of Outdoor Living At IBS 2026 Trex Company will demonstrate how its expanding lineup of Performance-Engineered™? outdoor living solutions empowers professionals to confidently deliver durable, code-compliant outdoor spaces in every environment. Both feature SunCom comfortable heat-mitigating technology, bringing this performance benefit to a wider range of homeowners and professionals. Trex SunCom comfortable™? decking stays cooler than original Trex boards, but like all decking, it will get hot in direct sun on hot days, especially darker colors. Care should be taken to avoid extended contact between exposed skin and the deck surface, especially with young children and those with special needs. New for 2026, Trex is introducing a 1"x4" board profile to its popular Transcend®? Lineage®? decking line to support multi-width surface designs, drink rail applications and other custom detailing. The square-edge, 16' board is available in all of the Lineage colors and features the same SunCom comfortable technology and 50-year Limited Residential Warranty as standard Lineage boards. The right RAILING FOR EVERY PREFERENCE AND PROJECT: Complementing its decking line, Trex boasts one of the industry's most comprehensive residential railing selections, including steel, aluminum, composite, mesh, cable and glass options across price points and styles. New and noteworthy solutions to check out during IBS 2026 include: Trex Enhance™? Steel Railing with pre-assembled panels; Trex Select®? Aluminum Railing, combining elegance and simplicity with easy-to-install panels; Trex Select™? T-Rail in new 10' lengths to maximize sightlines and reduce sections; Trex Select™? Steel Mesh Panels, delivering industrial mixed-material appeal; Trex Select®? All-in-One Posts, now offered in Charcoal Black; Trex Signature®? X-Series™? Railing, award-winning cable and glass systems for elevated deck builds. A new addition to Trex's IBS presence this year is a focus on fencing. Designed as a durable, low-maintenance alternative to wood, Trex®? Composite Fencing resists rot, warping, splintering and insects - without the need for painting or sealing. The company also holds a place on Barron's list of the 100 Most Sustainable U.S. Companies (2024 and 2025), was named one of America's Most Responsible Companies 2024 by Newsweek, ranked as one of the 100 Best ESG Companies by Investor's Business Daily, and named the Sustainable Brand Leader in the decking category by Green Builder Media for the 15th consecutive year. For more than 2026, Trex Transcend®? Lineage™? Decking: New 1"x4" Profile Expands Design Flexibility: New for 2026, TreX is introducing a 1"x 4" board profile to its popularTranscend®? Lineage®®? decking line to supporting multi-width surface designs, drinks and other custom detailing. Tillkännagivande • Feb 10
Trex Company, Inc. Appoints Irene Tasi as Independent Director and Member of Audit Committee and Compensation Committee, Effective February 9, 2026 Trex Company, Inc. announced the appointment of Irene Tasi as a new independent member of its Board of Directors, effective February 9, 2026. Irene Tasi brings more than 25 years of leadership experience across the global industrial and building product sectors, with particular expertise in strategic development and transformation. She currently serves as Chief Transformation Officer at PPG, a global manufacturer and distributor of paints, coatings, and specialty products, where she leads enterprise-wide transformation and growth initiatives. During her tenure at PPG, Ms. Tasi has also served as Senior Vice President of Global Industrial Coatings and as the company’s first Chief Growth Officer, with responsibility for enterprise strategy, M&A, and digital transformation. Prior to joining PPG, Ms. Tasi spent over 20 years at Masco, a leading manufacturer of home improvement and building products, where she held various senior leadership roles driving growth, overseeing strategic transactions, including supporting the TopBuild spin-off, and integrating acquired businesses. Irene Tasi will serve on the Audit Committee and Compensation Committee of the Board. Following Ms. Tasi’s appointment, the Trex Board will temporarily comprise eleven directors, ten of whom are independent, and will be reduced to ten directors following the Annual Meeting. Tillkännagivande • Feb 02
Trex Company, Inc. to Report Q4, 2025 Results on Feb 24, 2026 Trex Company, Inc. announced that they will report Q4, 2025 results After-Market on Feb 24, 2026 Tillkännagivande • Jan 20
Trex Company Expands Its Value-Driven Enhance Decking Line with Two New Heat-Mitigating, On-Trend Colors Trex Company is expanding its wood conversion-focused Trex Enhance decking line with two new on-trend colors: Pebble Beach and Golden Hour. Both feature the brand's exclusive SunCom comfortable™? heat-mitigating technology, bringing this advanced performance to a wider range of homeowners and professionals. Modern Hues, Smart Design: Engineered to compete with wood decking, Trex Enhance decking combines the durability and ease of composite material with the affordability of pressure-treated lumber. A strategically scalloped profile reduces weight for easier handling and faster installation compared to solid profile deck boards, while helping to keep costs down. The newest additions to the Enhance line introduce two nature-inspired colors that balance timeless appeal with contemporary design flexibility: Pebble Beach- Joining the Enhance Basics line, this soft, weathered gray evokes the look of smooth pebbles shaped by sand and surf. Its relaxed coastal aesthetic and natural-looking wood-grain like finish create a refined, effortless vibe. Golden Hour - Part of the Enhance Naturals collection, this sun-kissed golden hue with warm coconut-brown undertones captures the soft glow of late-afternoon light. It offers a welcoming, elevated look that complements both modern and traditional outdoor spaces. Both new colors feature SunCom comfortable technology, which reflects solar energy to reduce heat absorption, keeping deck surfaces cooler than composite products without this technology.NOTE: Trex SunCom comfortable decking stays cooler than original Trex boards, but like all decking, it will get hot in direct sun on hot days, especially darker colors. On such days, care should be taken to avoid extended contact between exposed skin and the deck surface, especially with young children and those with special needs. They won't rot, warp or splinter and upkeep is practically hassle-free with no sanding, staining or sealing required. Just an occasional cleaning with soap and water is all that is needed to keep boards looking like new for decades. For added assurance, Trex Enhance decking is backed by a 25-year Limited Residential Warranty that includes Fade & Stain. The new Golden Hour and Pebble Beach colors are available now in 12-, 16- and 20-foot grooved profiles; 16- and 20-foot square-edge boards; and 8- and 12-foot fascia boards. Both new additions are accompanied by color match plugs and screws. Tillkännagivande • Jan 13
Trex®? Launches Refuge™? Ignition-Resistant Decking with Class A Flame Spread Performance Trex Company announced the limited launch of Trex®? Refuge™? Decking - an ignition-resistant PVC decking line performance-engineered for use in select regions with heightened fire-safety requirements. Designed to meet stringent building codes while maintaining aesthetics, the new cellular PVC offering combines advanced fire performance with the thoughtful design, durability and low-main maintenance benefits that are hallmarks of the Trex brand. Third-party tested to the industry's most rigorous standards, Trex Refuge decking resists ignition and slows fire spread, outperforming traditional wood decking. The line meets ASTM E84 Class A Flame Spread requirements and complies with IWUIC ASTM E2768 Ignition Resistance Standards, making it approved for installation in fire-prone and Wildland-Urban Interface-protected areas (WUI). Adding further confidence and appeal, Trex Refuge is backed by a 50-year Limited Residential Warranty. Tillkännagivande • Dec 03
Trex Company Announces Directorate Changes, Effective December 3, 2025 Trex Company, Inc. announced the appointment of B. Andrew (Andy) Rose as a new independent member of its Board of Directors, effective December 3, 2025. Mr. Rose will serve on the Audit and the Compensation Committees of the Board. Following his appointment, the Board will include ten directors, nine of whom are independent. Mr. Rose brings over 30 years of business leadership experience to Trex. Prior to his retirement last year, he was President and Chief Executive Officer of Worthington Enterprises, a designer, manufacturer and acquirer of market-leading brands in the consumer and building products sectors. Previously, Mr. Rose served as President and Chief Executive Officer of Worthington Industries, where he led its successful separation into two public companies: Worthington Enterprises and Worthington Steel. Having joined Worthington in December 2008, as Vice President and Chief Financial Officer, he played a central role in shaping the company’s financial strategy and capital allocation, and took on expanded leadership roles in company operations and corporate strategy before being named President and CEO in 2020. Prior to joining Worthington, Mr. Rose held partner and principal positions at several financial services firms. He currently serves on the boards of two public companies, Sterling Infrastructure, a provider of e-infrastructure, building, and transportation solutions; and Greif, Inc., a global industrial packaging company. As previously disclosed, Ronald Kaplan, a director since 2008, intends to retire from the Board and will not stand for re-election at the Company’s 2026 Annual Meeting of Shareholders. Tillkännagivande • Oct 14
Trex Company, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Trex Company, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Tillkännagivande • Aug 05
Trex Company, Inc. Provides Earnings Guidance for Third Quarter of 2025; Reaffirms Earnings Guidance for Full Year 2025 Trex Company, Inc. provided earnings guidance for third quarter of 2025; reaffirmed earnings guidance for full year 2025. For the third quarter, the company expects Revenue Guidance of $295 Million to $305 Million. Sales to range from $295 million to $305 million.
For the full year, the company reaffirmed their full-year 2025 guidance for sales growth of 5% to 7%. Tillkännagivande • Jul 31
Trex Company Launches the New Trex Deck Railing Designer Trex Company has launched the new Trex Deck Railing Designer. Designed with speed, accuracy and efficiency in mind, this user-friendly digital platform delivers real-time 3D visualization, instant material estimates and seamless performance across devices. Long known as an innovator in the railing category, Trex developed this new tool based on input from professional deck builders, and to allow homeowners to visualize the numerous railing and decking pairings available from Trex. The resulting platform offers an intuitive, interactive interface that accelerates the specification process and enhances the end-user experience. The Trex Deck Railing Designer supports the configuration of more than 2,000 railing combinations from Trex's portfolio of 13 railing lines. Built with advanced 3D web technology, it loads instantly on desktops, tablets and mobile devices, giving users access to the tool in any setting. "Expert Mode" takes users who know what they want straight to the configurator, where they can customize railing selections and calculate materials. Real-Time 3D Configuration and Material List. Users can visualize railing systems in 3D and obtain a detailed material list in as little as one minute - a process that previously took 10-20 minutes. Mobile-Friendly and Field-Ready. Optimized for fast, responsive performance on any device, the tool is ideal for those on the job and on the go. Save and Share Features. Users can save configurations via curated links and share designs on social media platforms like Facebook and Pinterest, making collaboration easier and more efficient. The new Trex Deck Railing designer is part of a robust library of deck planning tools and resources available on Trex.com. Tillkännagivande • Jul 14
Trex Company, Inc. to Report Q2, 2025 Results on Aug 04, 2025 Trex Company, Inc. announced that they will report Q2, 2025 results After-Market on Aug 04, 2025 Tillkännagivande • May 09
Trex Company, Inc. Provides Earnings Guidance for the Second Quarter of 2025 and Maintains Earnings Guidance for the Full Year 2025 Trex Company, Inc. provided earnings guidance for the second quarter of 2025 and maintains earnings guidance for the full year 2025. The company currently expected second quarter sales to range from $370 million to $380 million, followed by strong second half year-on-year comparisons. The company expected second quarter margins to approximate first quarter margins.
The company is maintaining full year 2025 guidance for sales growth of 5% to 7%. Tillkännagivande • Apr 17
Trex Company, Inc. to Report Q1, 2025 Results on May 08, 2025 Trex Company, Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Tillkännagivande • Apr 15
Trex Company, Inc. Appoints Jodi Lee as Senior Vice President, Marketing Trex Company, Inc. announced that Jodi Lee is joining Trex as Senior Vice President, Marketing, where she will lead the Company’s marketing strategy, drive consumer engagement, and develop innovative campaigns to support Trex’s long-term growth goals. Jodi Lee is an accomplished marketing and business leader with a proven track record of driving significant growth and transformation for iconic brands. With over 20 years of experience in brand development, digital transformation, and strategic partnerships, Jodi excels at delivering revenue growth, launching successful new product lines, and building high-performing marketing teams. Her extensive expertise covers a wide range of responsibilities, including innovation, product development, advertising, customer insights, and P&L management for key business segments. In her recent role as Vice President, Brand Marketing at The Scotts Miracle-Gro Company, she led a team that exceeded $2.5 billion in revenue, launched world-class marketing campaigns, and developed robust innovation pipelines. In 2024, she led Miracle-Gro’s marketing collaboration with Martha Stewart to launch their new Organic line of products and successfully transformed the entire Roundup brand with a new formula and an award-winning marketing campaign, “This Stuff Works”. Earlier in his career, Kevin served as Vice President of Sales and Marketing for the TimberTech brand of decking and railing products. During his tenure, Kevin led a team of sales professionals responsible for both domestic and international markets, including more than 30 countries. A recognized leader in the composite decking industry, Kevin was a founding board member of the Composite Lumber Manufactures Association and served on the board of the North American Deck & Rail Association. Tillkännagivande • Mar 26
Trex Company, Inc., Annual General Meeting, May 06, 2025 Trex Company, Inc., Annual General Meeting, May 06, 2025. Location: trex university, 331 apple valley road, virginia 22602, winchester United States Tillkännagivande • Feb 25
Trex Company, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2025 Trex Company, Inc. provided earnings guidance for the first quarter and full year of 2025. For the quarter, the company expects revenues of between $325 million and $330 million.
For full year, the company expects net sales to range from $1.21 billion to $1.23 billion, representing year-on-year growth of 6% at the midpoint. Tillkännagivande • Feb 20
Trex Expands Mid-Tier Composite Decking Options with New Performance-Engineered Boards Trex Company has unveiled innovations that have solidified its position as the leader at both the premium and entry levels of the composite decking category. This spring, the manufacturer of wood-alternative decking andrailing will complete a strategic trifecta by strengthening its mid-tier offerings with the expansion of its Trex Select® line. Just in time for prime decking season, the company is rolling out three new colors featuring elevated aesthetics and performance - including the industry's first mid-priced board with heat-mitigating technology. To better align with current consumer preferences, the 2025 additions to the Trex Select line not only introduce a brightened color palette but an updated design aesthetic as well. Joining the existing shades of Saddle and Pebble Grey are three fresh, on-trend hues featuring a new grain pattern with subtle streaking and refined embossing: Malted Barley - a warm earthy shade with soft and subtle grey undertones; Millstone - a natural, weathered grey with a timeless shadowed undertone; Whiskey Barrel - a rich, rustic brown complimented with cozy, refined streaking. Further differentiating these new offerings is the fact that they will be the first mid-tier options in the industry to feature Trex's proprietary SunCom comfortable™ IR technology. Advanced heat-mitigation properties engineered into the shell of the boards reflect the sun and keep the surface cooler than other composite decking offerings of a similar color. Trex Select decking features a solid board profile that delivers increased durability, structural integrity and the ability to be curved. Boards come in 12', 16' and 20' lengths and accommodate the Trex Hideaway® Hidden Fastener Collection, allowing for a smooth, unfettered finish free of nails and other visible fasteners. Further enhancing its appeal, Trex Select is backed by a 35-year Limited Residential and Fade & Stain Warranty and a 10-year Limited Commercial Warranty. Like all Trex decking, Select boards are sustainably made from up to 95% recycled and reclaimed content and engineered with a proprietary, high-traffic formulation and ultra-durable integrated shell that resists stains, scratches and mold. They won’t rot, warp, crack or splinter like wood, and upkeep is hassle-free. No sanding, staining or painting is ever needed, and spills wash off easily with just soap and water. Trex Select will be available throughout the Midwest and East Coast in April, with further expansion to the West Coast this summer. Tillkännagivande • Feb 03
Trex Company, Inc. to Report Q4, 2024 Results on Feb 24, 2025 Trex Company, Inc. announced that they will report Q4, 2024 results After-Market on Feb 24, 2025 Recent Insider Transactions • Dec 04
Insider recently sold Mex$2.2m worth of stock On the 25th of November, Jacob Rudolph sold around 1k shares on-market at roughly Mex$1,588 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$37m more than they bought in the last 12 months. Tillkännagivande • Nov 19
Trex Company, Inc. Appoints Anand Kangala as Chief Information Officer Trex Company, Inc. announced that Dr. Anand Kangala, has joined Trex as its new Vice President and Chief Information Officer effective November 18, 2024. As a member of the Trex leadership team, Dr. Kangala will lead global IT functions and enterprise technology strategy. Most recently, Dr. Kangala served as Senior Director at Home Depot, where he launched a Transformation Management Office and led the digital strategy to build the foundation for interconnected retail vision through advanced technology and data-driven insights. Before Home Depot, he held various leadership roles in business and technology transformation at Edward Jones, Carter's Inc., Cato Corporation, and IBM. He has a Doctorate in Business Administration from the University of North Carolina at Charlotte and a Master of Business Administration from East Carolina University. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Mex$1,446, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Building industry globally. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,251 per share. Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: US$0.38 (vs US$0.60 in 3Q 2023) Third quarter 2024 results: EPS: US$0.38 (down from US$0.60 in 3Q 2023). Revenue: US$233.7m (down 23% from 3Q 2023). Net income: US$40.6m (down 38% from 3Q 2023). Profit margin: 17% (down from 22% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Global Building industry. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Tillkännagivande • Oct 29
Trex Company, Inc. Reaffirms Sales Guidance for the Full Year 2024 Trex Company, Inc. reaffirmed sales guidance for the full year 2024. for the year, the company expects net sales guidance at the midpoint of its range, $1.14 billion. Tillkännagivande • Oct 07
Trex Company, Inc. to Report Q3, 2024 Results on Oct 28, 2024 Trex Company, Inc. announced that they will report Q3, 2024 results on Oct 28, 2024 Tillkännagivande • Sep 05
Trex Adds Two New Hues with Enhanced Performance to Trex Enhance Decking Line Trex Company is expanding performance and aesthetic options for homeowners with the addition of two new colors to the brand’s popular Trex Enhance decking line both featuring heat-mitigating technology coupled with affordability. Engineered to compete more directly with wood, Trex Enhance features the durability and ease of maintenance for which Trex decking is world-renowned with a scalloped profile that makes the boards lighter weight for easier handling and installation. This innovative design also contributes to their lower cost. Made from 95% recycled and reclaimed material, Enhance boards feature Trex’s proprietary outer shell, which makes them extremely durable and resistant to fading, staining and scratching. They won’t rot, warp or splinter and upkeep is hassle-free with no sanding, staining or sealing required. Just an occasional cleaning with soap and water is all that is needed to keep boards looking like new for decades. The Enhance decking line is comprised of two color collections. Enhance Basics consists of proven and popular monochromatic shades that will now gain a new subtle, misty grey color named Tide Pool. Enhance Naturals boards, featuring multi-tonal hues that resemble the streaked looks of natural wood, will now include Honey Grove, a light, honey brown reflecting evolving consumer trends favoring brown tones. Adding to their appeal, these two new additions to the Enhance line are engineered with heat-mitigating technology in the shell to reflect UV rays and keep boards cooler than most other composite decking products of a similar color and style. For added peace of mind, all Trex Enhance boards are backed by a 25-year Limited Residential and Fade & Stain Warranty. Tillkännagivande • Aug 19
Trex Company, Inc. Appoints Chris Keffer as New Independent Member of Trex Board of Directors Trex Company, Inc. announced the appointment of executive Chris Keffer as a new independent member of its Board of Directors, effective August 15, 2024. Mr. Keffer brings 30 years of leadership experience in the power tool industry, serving both the professional and consumer markets. In 2023, he was named President and Chief Executive Officer of STIHL Inc. At their Virginia-based operations, Mr. Keffer is responsible for the manufacturing, distribution, and sales of STIHL outdoor power equipment for the domestic and export markets. Before joining STIHL in 2022, Mr. Keffer spent 27 years at Stanley Black & Decker, most recently serving as President of Product Management and President of Power Tool Accessories Group, leading global marketing for the $6.5 billion division. Mr. Keffer will serve on the Compensation and the Nominating and Corporate Governance Committees of the Board. Following his appointment, the Board will include ten directors, nine of whom are independent. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Mex$1,198, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Building industry globally. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$588 per share. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$0.80 (vs US$0.71 in 2Q 2023) Second quarter 2024 results: EPS: US$0.80 (up from US$0.71 in 2Q 2023). Revenue: US$376.5m (up 5.6% from 2Q 2023). Net income: US$87.0m (up 13% from 2Q 2023). Profit margin: 23% (up from 22% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Global Building industry. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 06
Trex Introduces New All-In-One Railing Post Kits Trex Company, Inc. has introduced All-In-One Post Kits for its Trex Select and Trex Enhance railing. Designed to simplify the railing purchase and installation process, these budget-friendly kits come complete with a composite post sleeve, post cap and post skirt packaged together. Priced to compete with vinyl railing, the new All-In-One Post Kits come in Trex’s Classic White finish and include composite post sleeves, post caps and post skirts packaged together for easy ordering, shipping and stocking. The kits also facilitate easy installation with post sleeves that slide seamlessly over any 4-inch by 4-inch structural post to form a solid anchor. Combined with the coordinating skirt and cap, the components deliver a clean, finished rail post look. The Enhance Kit comes in a standard 48” railing height while the Select Kit is available in 40”, 48” or 54” heights, allowing customers to use components as-is or trim as needed for a cost-effective installation. In both cases, railing kits and brackets are sold separately. Like all Trex decking and railing, the new All-In-One Post Kits are easy to maintain with no painting or staining required. Proudly made in the U.S.A, the kits are backed by a 25-year Limited Residential Warranty. Board Change • Jul 25
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Mel McDuffie was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 24
Trex Launches New Trex Signature X-Series Railing Trex Company has expanded its popular Trex Signature® Railing line with the introduction of X-Series™ Cable Rail and X-Series™ Frameless Glass Rail. Now available through Trex channel partners, these two new offerings blend modern profiles with simplified installation to deliver a winning combination for contractors and clients. Differentiating the new X-Series Railing in the marketplace is the innovative X-Series™? Post that anchors the system. This versatile post not only accommodates cable and frameless glass but was also designed to accommodate a variety of infills and attachments for future additions to the X-Series line. Furthermore, with its modular design, the X-Series Post can be used as an end, line and corner post, laying the foundation for a SKU-efficient approach to railing. The Trex Signature X-Series includes two view-optimizing infill options: Cable Rail: Novel spring-loaded cables offer improved tension management so that cables are less prone to sag over time, while push-to-connect fittings eliminate swaging or crimping. Most notably, ball ends allow the cables to swivel to accommodate horizontal and stair angles. Frameless Glass Rail: The flexible design of the X-Series anchor post can also accommodate glass infill. Half-inch laminated glass panels (sold separately) float seamlessly between the sleek Charcoal Black posts for a picture-perfect view. To simplify specification, X-Series Railings are sold in easy-to-order kits. Cable Rail kits include everything in one box for spans up to 18', including thinner pass-through posts to support cables between anchor posts. Frameless Glass Rail is sold in a one-size-fits-all infill kit. In addition to being easy to buy, stock and sell, X-Series Railings are also easy to install and maintain. All Trex Signature Railings feature powder-coated aluminum for durable strength and style, while cable hardware is made from premium-grade stainless steel for corrosion resistance, even in marine and coastal environments. Board Change • Jun 17
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Mel McDuffie was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 19
Insider recently sold Mex$25m worth of stock On the 15th of May, Jacob Rudolph sold around 16k shares on-market at roughly Mex$1,517 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$35m more than they bought in the last 12 months. Reported Earnings • May 12
First quarter 2024 earnings released: EPS: US$0.82 (vs US$0.38 in 1Q 2023) First quarter 2024 results: EPS: US$0.82 (up from US$0.38 in 1Q 2023). Revenue: US$373.6m (up 56% from 1Q 2023). Net income: US$89.1m (up 117% from 1Q 2023). Profit margin: 24% (up from 17% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Global Building industry. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Tillkännagivande • May 12
Trex Company, Inc. Provides Sales Guidance for the Second Quarter of 2024 and Reaffirmed Earnings Guidance for the Full Year of 2024 Trex Company, Inc. provided sales guidance for the second quarter of 2024 and reaffirmed earnings guidance for the full year of 2024. The company expects second-quarter sales to be in the $380 million to $390 million range.The company reaffirmed full-year guidance for revenues of $1.215 billion to $1.235 billion and EBITDA margin to be in the range of 30.0% and 30.5%, representing year-on-year revenue growth of 12% at the midpoint. Board Change • May 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Mel McDuffie was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 20
Trex Company, Inc. to Report Q1, 2024 Results on May 09, 2024 Trex Company, Inc. announced that they will report Q1, 2024 results After-Market on May 09, 2024 Board Change • Apr 10
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Mel McDuffie was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Mar 26
Trex Company, Inc., Annual General Meeting, May 07, 2024 Trex Company, Inc., Annual General Meeting, May 07, 2024, at 09:00 US Eastern Standard Time. Location: Trex University, 331 Apple Valley Road Winchester Virginia United States Agenda: To elect four directors; to approve, on a non-binding advisory basis, the compensation of named executive officers; to ratify the appointment of Ernst & Young LLP as Trex Company's independent registered public accounting firm for the 2024 fiscal year; and to transact such other business as may properly come before the annual meeting or any adjournment or postponement thereof. Tillkännagivande • Feb 29
Trex Company, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024 Trex Company, Inc. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects net sales to be in the $360 million to $370 million range.For full year, the company expects net sales to be in the range of $1.215 billion to $1.235 billion, representing year-on-year revenue growth of 12% at the midpoint. Tillkännagivande • Feb 06
Trex Company, Inc. to Report Q4, 2023 Results on Feb 26, 2024 Trex Company, Inc. announced that they will report Q4, 2023 results After-Market on Feb 26, 2024 Tillkännagivande • Jan 23
Fight Ledger Failure with New Trex Seal Sub-Ledger Tape Trex Company, Inc. announced that Waterproofing the ledger board is a critical step in preventing moisture damage and ensuring the structural integrity of a deck over time. To fully protect this essential component, the maker of Trex®? Seal™? Ledger Tape has introduced a new butyl tape engineered specially for use behind the ledger board. Measuring 22-inches wide, Trex seal Sub-Ledger Tape creates a continuous water-tight seal between the ledger board and the house wrap to prevent water from infiltrating the house. Inspired by the success of the award-winning Trex Seal Ledger Tape, the new sub-ledger offering features similar performance features and benefits in a wider product designed for this specific application. Reinforced with an aluminum liner, the 22" wide, self-adhering, butyl-based tape fully covers the back of the ledger board and integrates with the house wrap to provide a continuous seal for optimal protection against moisture and water penetration. It also creates a water-tight seal around ledger fasteners. Trex Seal Sub-Ledger Tape is designed for easy application with a convenient triple-release liner that allows installers to bend and set it in place without it flexing back like other flashing tapes. It's 22" width replaces the need to use multiple strips of tape, saving valuable time on the job site. Additionally, it is AAMA 711-13 compliant and is backed by a 25-year warranty. Tillkännagivande • Nov 02
Trex Company, Inc. Revises Earnings Guidance for the Full Year 2023 Trex Company, Inc. revised earnings guidance for the full year 2023. With the fourth quarter estimates, this would imply full year revenue of $1.09 billion using the mid-point of the guidance. This is an increase from the prior guidance of $1.04 billion to $1.06 billion for the year. Tillkännagivande • Nov 01
Trex Company, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023 Trex Company, Inc. provided earnings guidance for the fourth quarter of 2023. Based on current market visibility the company is projecting fourth quarter revenues of $185 million to $195 million, reflecting both seasonally low demand and expectation that year-end channel inventories will be below those of year-end 2022. Tillkännagivande • Oct 10
Trex Company, Inc. to Report Q3, 2023 Results on Oct 30, 2023 Trex Company, Inc. announced that they will report Q3, 2023 results on Oct 30, 2023 Tillkännagivande • Aug 01
Trex Company, Inc. Provides Revenue Guidance for Third Quarter and Full Year 2023 Trex Company, Inc. provided revenue guidance for third quarter and full year 2023. For Third quarter revenues are estimated to be in the range of $280 million to $290 million, with fourth quarter results reflecting both seasonally low demand and expectations that year end channel inventories will be below that of year end 2022. For the year, Company expect revenues to range from $1.04 billion to $1.06 billion and anticipate continued sell-through will reduce year-end channel inventories below 2022 levels. Tillkännagivande • Jul 12
Trex Company, Inc. to Report Q2, 2023 Results on Jul 31, 2023 Trex Company, Inc. announced that they will report Q2, 2023 results After-Market on Jul 31, 2023 Tillkännagivande • Jun 08
Trex Company, Inc. Announces Demise of Michael F. Golden, Lead Independent Director Trex Company, Inc. is deeply saddened to announce the passing of Michael F. Golden, the Company’s Lead Independent Director. Named to the Trex Board in 2013, Mr. Golden served the Company for more than a decade as a strong contributor and supporter of the Trex Company’s growth through product launches, the expansion of the Company’s sales force, retail support and expanded market reach. Prior to joining the Trex Board, Mr. Golden was President and Chief Executive Officer of Smith & Wesson Holding Corporation from 2004 until 2011, where he then served as Vice Chairman of the Board until his passing. Prior to joining Smith & Wesson as CEO, Mr. Golden held executive positions with the Kohler Co., Stanley Works Company, and Black & Decker Corporation. Tillkännagivande • Jun 02
Trex Company Introduces New Style-Centric, Entry Level Composite Railing System Trex Company has introduced Trex Select(R) T-Rail. The composite railing system, featuring a popular T-shaped top rail, is designed to make the beauty and convenience of Trex's high-performance composite and aluminum railing available to a wider audience with pricing that competes head-to-head with PVC vinyl railing. "Trex Select T-Rail is an instant classic," said Leslie Adkins, vice president of marketing and ESG development for Trex Company. Engineered for ease, efficiency and economic value, Trex Select T-Rail features a classic T design on top with a choice of two infill options -- square composite balusters in Classic White for a cohesive, coordinated look, or round aluminum balusters in Charcoal Black for a more modern contrast. Full-span top and bottom rails in Classic White are offered in 36" and 42" heights and 6' and 8' lengths. Continuing Trex's legacy of sustainability, components are made from a minimum of 40% recycled materials, and the system is backed by a 25-year Limited Residential Warranty and a 10-year Commercial Warranty. Trex Select T-Rail is available for immediate ordering. For more information, contact your Trex sales representative. Tillkännagivande • May 18
Trex Company Upgrades Its Interactive Deck Design Tool to Allow Homeowners to Plan Every Detail of Their Outdoor Space Trex Company, Inc. has upgraded its interactive deck design tool to allow homeowners to plan every detail of their outdoor space, all from the convenience of a laptop. The revamped Trex Deck Design Tool & Online Deck Planner is the brand’s most comprehensive digital planning software to date and is engineered to make the deck planning journey efficient and all-inclusive. In addition to offering 3D renderings using realistic Trex product imagery and collections, the software can help users with budgeting, drafting blueprints for permitting and even generates a shopping list of materials, making it ideal for DIYers as well as those working with professional contractors. Free to use and compatible with most web browsers, the Trex Deck Design Tool expands on other Trex resources, such as the Trex AR Deck Visualizer and Deck Starter, to help walk users confidently through the deck design process. The updated technology provides advanced design options for personalization, including new features such as: Versatile Deck Shapes – Say goodbye to limiting user deck to a simple square or rectangular layout! With Trex’s updated software, users can explore L-shapes and T-shapes, create bump-outs and cut corners, while also integrating existing structures like walls and housing. Virtual Sides – This key upgrade allows for the addition of structural elements such as walls, stairs and railing for added dimension and a more seamless, realistic design. High-level Dimension Control – Programmed for high-level accuracy and precision, the software affords users finite control over dimensions and sizing. Projects can also be measured by section – such as the main deck vs. alternate levels, as well as bump-outs and cut corners – allowing homeowners to obtain more accurate expectations of costs and material needs as they design. The Trex Deck Design Tool allows users to handpick every element of their new deck and compare materials and colors from across the Trex decking portfolio, including the brand’s latest introduction, Trex Transcend Lineage. Once they are satisfied with their design, the program automatically generates a materials list and cost estimate, along with a printable rendering for sharing with family, friends and potential contractors. Tillkännagivande • May 09
Trex Company, Inc. Provides Earnings Guidance for the Second Quarter 2023 Trex Company, Inc. provided earnings guidance for the second quarter 2023. For the period, the company expects net sales to be in the range of $310 million to $320 million. Reported Earnings • May 09
First quarter 2023 earnings released: EPS: US$0.38 (vs US$0.62 in 1Q 2022) First quarter 2023 results: EPS: US$0.38 (down from US$0.62 in 1Q 2022). Revenue: US$238.7m (down 30% from 1Q 2022). Net income: US$41.1m (down 42% from 1Q 2022). Profit margin: 17% (down from 21% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Global Building industry. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: US$1.65 (vs US$1.81 in FY 2021) Full year 2022 results: EPS: US$1.65 (down from US$1.81 in FY 2021). Revenue: US$1.11b (down 7.6% from FY 2021). Net income: US$184.6m (down 12% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Global Building industry. Tillkännagivande • Feb 07
Trex Company, Inc. to Report Q4, 2022 Results on Feb 27, 2023 Trex Company, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2023 Tillkännagivande • Feb 03
Trex Sets a New Standard for Outdoor Living with the Introduction of Trex Signature® Decking Trex Company, Inc. is revolutionizing outdoor living with the introduction of its latest innovation – Trex Signature® decking. This premium offering from the category inventor and industry leader pioneers a realistic woodgrain that raises the bar for beauty, performance and sustainability, and is now available in designated markets across the West Coast, Northeast and Mid-Atlantic regions of the U.S. Introducing an altogether new decking material for those who find joy at home and inspiration in nature, Trex Signature is crafted with the natural look of interior hardwoods but engineered to withstand the elements and demands of the outdoors. Establishing the next category for composite decking, Trex Signature features a whole new level of realism for wood plastic composites (WPC). addition to its unmatched aesthetics and performance, Trex Signature is sustainably made from recycled and reclaimed materials, making it ideal for today’s increasingly eco-conscious consumers. Like all Trex decking, Signature is engineered to endure the rigors of time and nature. A periodic cleaning with soap and water is all that is needed to keep the pristine surface looking like new for decades. Further enriching its appeal, the new line is backed by 50-year limited residential warranty and is complemented by the full range of Trex Signature railing, including numerous design options like mesh rail, rod rail and glass panels. Tillkännagivande • Jan 10
Trex Expands Transcend® Lineage™ Line With Two New Colors and an Extended 50-year Warranty On the heels of the successful launch of Trex Transcend®Lineage™ in mid-2022, the composite decking leader is adding two new colors to the luxury line for 2023. Expanding its industry-leading decking portfolio, these new hues boast premium aesthetics, heat-mitigating technology, and superior performance backed by an impressive 50-year warranty. Trex Transcend Lineage builds upon the impeccable pedigree of Trex Transcend® decking with boards that feature the same high-performance and low-maintenance benefits with refined aesthetics that deliver an unmatched natural appearance. Initially launched in two colors, the lineup now includes four luxurious, on-trend hues inspired by some of the most picturesque locales in the United States: Carmel (NEW!) – a creamy taupe that embodies the glow of white sands and Cyprus-covered cliffs, integrating a toasty brown shade with grey undertones: Jasper (NEW!) – a deep shade of mocha reminiscent of old-growth forests and rocky mountainsides, incorporating a rich umber hue and delicate streaking; Biscayne – a light coastal brown that captures the beauty of mangroves and sandy coasts with light honey hues and a natural grain pattern; · Rainier – an airy, mountain grey that mirrors white-capped mountains and wooded sounds with its soft silver tones and delicate graining. In addition to their elevated design, Lineage boards are Trex’s coolest of all – literally! Heat-mitigating properties engineered into the shell reflect the sun and keep boards cooler than other composite decking offerings of a similar color. Trex Transcend Lineage is available in square and grooved profiles, measuring 1"x6". Square-edge boards come in 16’ and 20’ lengths. Grooved boards come in 12’, 16’ and 20’ lengths and accommodate the Trex Hideaway® Hidden Fastening System [3], which allows for a smooth, unfettered finish free of nails and other visible fasteners. Coordinating fascia is available in 1"x8" and 1"x12" sizes. Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: US$0.13 (vs US$0.64 in 3Q 2021) Third quarter 2022 results: EPS: US$0.13 (down from US$0.64 in 3Q 2021). Revenue: US$188.5m (down 44% from 3Q 2021). Net income: US$14.4m (down 81% from 3Q 2021). Profit margin: 7.7% (down from 22% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Global Building industry. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment deteriorated over the past week After last week's 26% share price decline to Mex$930, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Building industry globally. Total loss to shareholders of 59% over the past year. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment deteriorated over the past week After last week's 24% share price decline to Mex$1,250, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Building industry globally. Total loss to shareholders of 35% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$817 per share. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.81 (up from US$1.52 in FY 2020). Revenue: US$1.20b (up 36% from FY 2020). Net income: US$208.7m (up 19% from FY 2020). Profit margin: 17% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 11% growth forecast for the industry in Mexico. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorated over the past week After last week's 19% share price decline to Mex$1,784, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 15x in the Building industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$844 per share. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to Mex$2,329, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 16x in the Building industry globally. Board Change • Dec 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Lead Independent Director Dick Posey was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 13
Senior VP & CFO recently sold Mex$4.5m worth of stock On the 10th of November, Dennis Schemm sold around 2k shares on-market at roughly Mex$2,643 per share. This was the largest sale by an insider in the last 3 months. This was Dennis' only on-market trade for the last 12 months. Reported Earnings • Nov 09
Third quarter 2021 earnings released: EPS US$0.64 (vs US$0.37 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$335.9m (up 45% from 3Q 2020). Net income: US$73.8m (up 73% from 3Q 2020). Profit margin: 22% (up from 18% in 3Q 2020). The increase in margin was driven by higher revenue. Board Change • Nov 04
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Lead Independent Director Dick Posey was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 26
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Lead Independent Director Dick Posey was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.