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Is It Time To Consider Buying Trex Company, Inc. (NYSE:TREX)?

Is It Time To Consider Buying Trex Company, Inc. (NYSE:TREX)?

是時候考慮收購Trex公司(紐約證券交易所代碼:TREX)了嗎?
Simply Wall St ·  02/19 07:06

Trex Company, Inc. (NYSE:TREX), is not the largest company out there, but it saw a significant share price rise of 48% in the past couple of months on the NYSE. The company is now trading at yearly-high levels following the recent surge in its share price. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Today we will analyse the most recent data on Trex Company's outlook and valuation to see if the opportunity still exists.

Trex Company, Inc.(紐約證券交易所代碼:TREX)並不是目前最大的公司,但在過去幾個月中,紐約證券交易所的股價大幅上漲了48%。繼最近股價飆升之後,該公司目前的交易價格創下年度新高。作爲分析師報道率高的中型股票,你可以假設該公司前景的任何最近變化都已計入該股。但是,該股票還能以相對便宜的價格交易嗎?今天,我們將分析有關Trex Company前景和估值的最新數據,以了解機會是否仍然存在。

What Is Trex Company Worth?

Trex 公司的價值是多少?

According to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average, the stock currently looks expensive. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 50.99x is currently well-above the industry average of 21.02x, meaning that it is trading at a more expensive price relative to its peers. But, is there another opportunity to buy low in the future? Since Trex Company's share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

根據我們的價格倍數模型,將公司的市盈率與行業平均水平進行比較,該股票目前看起來很昂貴。我們在這個例子中使用市盈率是因爲沒有足夠的可見性來預測其現金流。該股票的50.99倍比率目前遠高於行業平均水平的21.02倍,這意味着與同行相比,其交易價格更昂貴。但是,未來還有其他低價買入的機會嗎?由於Trex Company的股價波動很大,這可能意味着它將來可能會下跌(或進一步上漲),從而爲我們提供另一次投資機會。這是基於其較高的貝塔值,這是一個很好的指標,可以很好地衡量股票相對於其他市場的波動幅度。

Can we expect growth from Trex Company?

我們能指望Trex公司的增長嗎?

earnings-and-revenue-growth
NYSE:TREX Earnings and Revenue Growth February 19th 2024
紐約證券交易所:TREX 收益和收入增長 2024 年 2 月 19 日

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Trex Company's earnings over the next few years are expected to increase by 37%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.

尋求投資組合增長的投資者可能需要在購買公司股票之前考慮公司的前景。儘管價值投資者會爭辯說,最重要的是相對於價格的內在價值,但更有說服力的投資論點是以低廉的價格獲得高增長潛力。Trex Company未來幾年的收益預計將增長37%,這表明未來的前景非常樂觀。這應該會帶來更強勁的現金流,從而提高股票價值。

What This Means For You

這對你意味着什麼

Are you a shareholder? It seems like the market has well and truly priced in TREX's positive outlook, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question – should I sell? If you believe TREX should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.

你是股東嗎?在TREX的樂觀前景下,市場的定價似乎確實不錯,股票的交易價格高於行業價格倍數。按照目前的價格,股東們可能會問另一個問題——我應該賣出嗎?如果您認爲TREX的交易價格應低於其當前價格,那麼高價賣出並在其價格跌至行業市盈率時再次回購可能會有利可圖。但是在做出這個決定之前,先看看它的基本面是否發生了變化。

Are you a potential investor? If you've been keeping an eye on TREX for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for TREX, which means it's worth diving deeper into other factors in order to take advantage of the next price drop.

你是潛在的投資者嗎?如果你關注TREX已有一段時間了,那麼現在可能不是入股的最佳時機。該價格已經超過了業內同行,這意味着錯誤定價可能沒有更多的上行空間。但是,TREX的樂觀前景令人鼓舞,這意味着值得深入研究其他因素,以利用下一次價格下跌的機會。

Since timing is quite important when it comes to individual stock picking, it's worth taking a look at what those latest analysts forecasts are. So feel free to check out our free graph representing analyst forecasts.

由於在挑選個股時,時機非常重要,因此值得一看分析師的最新預測是什麼。因此,請隨時查看我們代表分析師預測的免費圖表。

If you are no longer interested in Trex Company, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

如果您不再對Trex Company感興趣,可以使用我們的免費平台查看我們列出的其他50多隻具有高增長潛力的股票清單。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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