Trex Company Inc. Is Building Something Big
When Trex Company Inc. (NYSE: TREX) reported an estimate-crushing earnings report after the market closed on Oct. 30, investors were rewarded with a huge day when shares started trading on Oct. 31. By the end of the day, Trex's stock had jumped a whopping 25% to more than $107 per share, a tidy sum most investors would be happy with over a couple of years.
So what's driving Trex's results and its profits up? In short, operating leverage that's throwing off a ton of cash, with strong -- and growing -- demand for its products. Even better, there are some signs that demand is on track to remain strong. Let's take a closer look.
Image source: Trex Company.
Source: Fool.com
Trex Co. Inc. Aktie
60,82 €
3,47 %
Die Trex Co. Inc. Aktie hat zu wenige Einschätzungen, um eine klare Tendenz abzulesen.
Das von der Community festgelegte Kursziel für Trex Co. Inc. von 100 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 60.82 €.
