![]() ![]() VMC has a trailing four-quarter earnings surprise of 7.1%, on average. Vulcan Materials Company ( VMC Quick Quote VMC - Free Report) currently carries a Zacks Rank #1. The Zacks Consensus Estimate for MLM’s 2023 sales and EPS indicates growth of 19% and 32.1%, respectively, from the previous year’s reported levels. Shares of the company have gained 19.7% in the year-to-date period. MLM delivered a trailing four-quarter earnings surprise of 31%, on average. ( MLM Quick Quote MLM - Free Report) currently sports a Zacks Rank #1. Here are some top-ranked stocks that investors may consider from the Zacks Construction sector. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. TREX currently carries a Zacks Rank #3 (Hold). The company also capitalized on the opportunity to upgrade its equipment and generate operating efficiencies. The upside was backed by improved raw material usage. In the first quarter of 2023, TREX witnessed a sequential rise in its gross margin to 39.6% from 34.1% reported in fourth-quarter 2022. As of the end of the quarter, the company’s plants produced at an annual revenue rate of $1 billion, attributable to its ability to efficiently and swiftly mold its production levels based on the demand pattern. Its product development initiatives had a positive outlook, accelerating its growth momentum. In first-quarter 2023, TREX engaged in delivering innovative new products that meet the evolving needs of consumers, strengthening its market leadership position along with creating demand. Also, the company’s sound relationships with its top-notch channel partners in the industry assisted it to achieve industry-leading margins and profitability. It gains from improved manufacturing performance and other cost-containment actions. TREX’s consistent product portfolio development and strategic sale initiatives help it to maintain growth momentum, despite various macroeconomic and inflationary risks. The stock has increased 26.1% in the year-to-date period against the Zacks Building Products - Wood industry’s decline of 1.3%. Shares of TREX grew 3.9% during the trading session on Jun 1. This product line reflects competitive pricing, high performance and low maintenance. The versatility of the T-Rail design gives TREX a competitive edge over its peers in the deck railing market.Īlso, Trex continues its sustainability practice by using a minimum of 40% recycled materials for the manufacturing of the products. The Trex Select T-Rail’s classic T design comes with two infill options - square composite balusters in Classic White and round aluminum balusters in Charcoal Black. This is a composite railing system that features a popular T-shaped top rail, designed to approach a broader customer band with pricing that is leveled with PVC vinyl railing. ( TREX Quick Quote TREX - Free Report) expands its product footprint with the new Trex Select T-Rail. When looking at an average deck with 60 linear feet of railing, a homeowner will likely pay somewhere between $250 and $500 to add a drink rail.Trex Company, Inc. CostĪdding a cocktail railing is a minimal additional cost when looking at the total project total for a new deck. A deck drinks rail maximizes that usable space, allowing family and guests to gather outdoors while also enjoying refreshments. FunctionalityĪ deck adds usable living space to your home, making your garden an extension of the house and creating space for family, friends, and nights under the stars. Note: Trex Enhance® Decking is not compatible with cocktail railing due to the scalloped profile. Either way, they are left with a stunning outdoor space ready for entertaining. Some opt for a clean, monochromatic look and match the cocktail railing boards to their decking, while others reach for a complementary hue to add dimension to their deck color palette. ![]() This is a place where homeowners can showcase their personal style. Trex’s cocktail railing system allows homeowners to use Trex composite deck boards to create the flat drink rail surface. A cocktail railing will always add style and function, but what it looks like and how you use it is up to you. Some factors to consider when choosing a cocktail railing for your deck include style, functionality, and cost. There are endless possibilities for deck drink rail ideas. It is the perfect place to balance a morning cup of coffee, potted plants, candles, and small design touches to make your deck pop. That’s right, cocktail railings aren’t just there for cocktails. ![]() It’s a flat surface, usually made of decking boards, where you can rest drinks, plates, and more. A cocktail or drink railing is a simple way to add style and function to your deck. ![]()
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