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Stock impact report

Trex Company Is Still Full Of Value [Seeking Alpha]

Trex Company, Inc. (TREX) 
Last trex company, inc. earnings: 2/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: trex.com/our-company/investor-relations
Company Research Source: Seeking Alpha
James Pintar/iStock via Getty ImagesWhile Trex Company, Inc. (NYSE:TREXmost recent guidancepurchases to right-size inventories for an expected economic slowdown. Trex says it expects a â??significant reduction of revenuesâ? in the second half of the year. Nonetheless, Trex is confident in the long-term viability of its products and is moving forward with construction of a new manufacturing facility in Arkansas and launched a new product line earlier this year.Trex is alsoexpandingTrexâ??s focus on funding recycling sources and the utilization of recycled materials resulted in the company being named as thegreenest decking companyWhen considering these current stories about Trex, we need to determine which news topics will have a long-term and ongoing effect on the company and its share price. While the drop in demand is a worrisome development, the company is adamant that itâ??s a short-term hinderance. Conversely, Trexâ??s manufacturing expansion and growing product line will provid Show less Read more
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