Trex Company Stock Shares Outstanding
TREX Stock | USD 70.34 1.46 2.12% |
Trex Company fundamentals help investors to digest information that contributes to Trex's financial success or failures. It also enables traders to predict the movement of Trex Stock. The fundamental analysis module provides a way to measure Trex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Trex stock.
Common Stock Shares Outstanding is likely to rise to about 123.1 M in 2024. Trex | Shares Outstanding |
Trex Company Company Shares Outstanding Analysis
Trex's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Trex Shares Outstanding | 107.14 M |
Most of Trex's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Trex Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Trex Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Trex is extremely important. It helps to project a fair market value of Trex Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Trex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Trex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Trex's interrelated accounts and indicators.
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Trex Shares Outstanding Historical Pattern
Today, most investors in Trex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Trex's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Trex shares outstanding as a starting point in their analysis.
Trex Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Trex Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Trex Company has 107.14 M of shares currently outstending. This is 26.49% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The shares outstanding for all United States stocks is 81.26% higher than that of the company.
Trex Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trex's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trex could also be used in its relative valuation, which is a method of valuing Trex by comparing valuation metrics of similar companies.Trex is currently under evaluation in shares outstanding category among its peers.
Trex Current Valuation Drivers
We derive many important indicators used in calculating different scores of Trex from analyzing Trex's financial statements. These drivers represent accounts that assess Trex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Trex's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 5.3B | 9.7B | 15.6B | 4.7B | 9.0B | 9.4B | |
Enterprise Value | 5.1B | 9.6B | 15.5B | 5.0B | 9.0B | 9.5B |
Trex ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Trex's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Trex's managers, analysts, and investors.Environmental | Governance | Social |
Trex Fundamentals
Return On Equity | 0.3 | ||||
Return On Asset | 0.18 | ||||
Profit Margin | 0.20 % | ||||
Operating Margin | 0.23 % | ||||
Current Valuation | 7.47 B | ||||
Shares Outstanding | 107.14 M | ||||
Shares Owned By Insiders | 0.67 % | ||||
Shares Owned By Institutions | 99.33 % | ||||
Number Of Shares Shorted | 5.11 M | ||||
Price To Earning | 28.15 X | ||||
Price To Book | 8.31 X | ||||
Price To Sales | 6.39 X | ||||
Revenue | 1.09 B | ||||
Gross Profit | 403.99 M | ||||
EBITDA | 326.39 M | ||||
Net Income | 205.38 M | ||||
Cash And Equivalents | 5.88 M | ||||
Cash Per Share | 0.05 X | ||||
Total Debt | 32 M | ||||
Debt To Equity | 0.20 % | ||||
Current Ratio | 1.36 X | ||||
Book Value Per Share | 8.23 X | ||||
Cash Flow From Operations | 389.42 M | ||||
Short Ratio | 3.30 X | ||||
Earnings Per Share | 2.19 X | ||||
Price To Earnings To Growth | 1.17 X | ||||
Target Price | 80.44 | ||||
Number Of Employees | 1.76 K | ||||
Beta | 1.49 | ||||
Market Capitalization | 7.54 B | ||||
Total Asset | 932.88 M | ||||
Retained Earnings | 1.34 B | ||||
Working Capital | 81.19 M | ||||
Current Asset | 99.03 M | ||||
Current Liabilities | 60.45 M | ||||
Net Asset | 932.88 M |
About Trex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trex Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trex Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Trex's price analysis, check to measure Trex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.