Is Trex Company (TREX) Priced For Perfection After Raised Guidance?

Trex Company has seen its share price move around over the years, and the latest figures put fresh attention on a simple question for investors. Is the current US$44.44 price tag adequately backed by the earnings power the business is producing today? Over the past 5 years, Trex Company has delivered a share price decline of 56.6%, which puts the spotlight firmly on whether the current valuation still lines up with what its profits can support. Recent revenue growth and higher full year...