Stock Market Watch

Trex Company – Issues downside guidance for Q4

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Trex Company, Inc. (NYSE:TREX). Last Market Price: 18.71, Change: +1.77, % Change: (10.45%). Shares trade in the range of 16.39 – 19.09 dollars. It has a market capitalization of 291.59M dollars, making it a Small Cap Stock and has 15.58M outstanding shares. The company has a beta of 1.52, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is -0.19. It operates in Basic Materials sector and belongs to Forestry and Wood Products industry. Percentage shares held by institutional investors is 93%. The company has a 52 week Price range (low – high) of $ 14.53 – 34.00. Average volumes of shares traded daily are 227,088. Volume traded in the last session was at 378,495, 1.67 times the average volume.

  • Reports Q3 (Sep) loss of $0.03 per share,
  • Revenues rose 12.0% year on year to $67.9 million
  • Company issues downside guidance for Q4, sees Q4 revenues of $50-55 million
  • States: We expect net sales of approximately $50-55 million for the fourth quarter of 2011. However, based on the feedback we received at our recent annual distributor meeting, we anticipate sales in the first quarter of 2012 to exceed the first quarter of 2011 by at least 25%. Moreover, we expect sales for the full year 2012 to grow significantly

For Q2 (Jun ’11), It had a Net profit margin of 2.69%, an Operating margin of 7.88%. Other Key stats and ratios are : Return on average assets of 3.49%, Return on average equity of 7.75%. The organization has an employee strength of 550

Consensus Recommendation is a Outperform.


Estimate for sales for the Year Ending Dec-11 show a mean of 284.89 million dollars, an estimate high of 297.41 million dollars and an estimate low of 272.45 million dollars. A year ago the figures stood at 343.07 million dollars.

Estimate for sales for the Year Ending Dec-12 show a mean of 316.49 million dollars, an estimate high of 350.00 million dollars and an estimate low of 292.53 million dollars. A year ago the figures stood at 372.30 million dollars.

Estimate for EPS for the Year Ending Dec-11 show a mean of 0.27 dollars, an estimate high of 0.54 dollars and an estimate low of 0.07 dollars. A year ago the figures stood at 1.39 dollars.

Estimate for EPS for the Year Ending Dec-12 show a mean of 1.42 dollars, an estimate high of 1.85 dollars and an estimate low of 0.97 dollars. A year ago the figures stood at 1.50 dollars.

Sales for Quarter Ending Jun-11 was estimated at 78.17 million dollars, however the actual sales figure stood at 78.40 million dollars, 0.23 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 70.55 million dollars, however the actual sales figure stood at 69.01 million dollars, 1.54 million dollars less than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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