Why Is TREX CO INC (TREX) Stock Up Today?

Trex Co Inc shares surged 13.80% to $56.90 on Wednesday, driven by a strong third-quarter earnings report that exceeded analyst expectations. The company also raised its full-year revenue guidance, signaling continued momentum in its strategic expansion.

What Happened

Trex reported third-quarter revenue of $360 million, up 26% year-over-year, which significantly surpassed the consensus estimate of $313.96 million. Adjusted earnings per share came in at $0.55, beating the expected $0.47 to $0.48 range. The company disclosed these results in a Form 8-K filed on November 4, 2026.

Management raised full-year 2026 revenue guidance to a range of $1.296 billion to $1.306 billion, compared to the previous outlook of $1.215 billion to $1.250 billion and a consensus estimate of $1.244 billion. For the fourth quarter, Trex projects revenue between $175 million and $185 million, well above the consensus estimate of $167.88 million. The company also lifted its full-year EBITDA outlook following the record sales quarter.

What The Data Shows

The stock opened at $52.37, a 4.7% gap up from the prior close of $50.00. Trading volume reached 1.4 million shares, which is 0.8 times the three-month daily average. The session high was $56.99 at 11:05 AM ET, while the low was $52.25 at 7:15 AM ET.

Trex printed 14 fresh 52-week highs on November 4, 2026. The stock’s 52-week range is $29.77 to $52.38, meaning the current price is above the previous high. The company has a market capitalization of $5.1 billion and a P/E ratio of 29.7. Trailing twelve-month revenue growth is 7.0%, with a net margin of 14.7%. The stock has a beta of 1.51. Over the last eight sessions prior to this move, the stock declined 0.8% from $50.38 to $50.00.

Recent insider activity includes one sale by Amy M. Fernandez, SVP, CLO, and Secretary, on August 7, 2026. There have been no insider buys in the last 90 days.

What To Watch

Investors will monitor how the stock performs relative to its new 52-week highs and whether the raised full-year guidance is maintained in future quarters.