Sidoti Has Negative Outlook of Tecnoglass Q4 Earnings

Key Points

• Sidoti cut its Q4 2026 EPS estimate for Tecnoglass to $0.78 from $0.93 and now projects FY2027 EPS of $3.61, signaling a negative near-term earnings outlook.
• Tecnoglass missed consensus in its last quarter with EPS of $0.63 versus $0.84 expected on $245.3M revenue (up 3% YoY), while shares trade around $43.71 compared with an average analyst price target of $67.50.
• Insiders have recently bought shares (including a 107,629-share purchase by a major shareholder) and the company announced a $0.15 quarterly dividend ($0.60 annualized, ~1.4% yield).

Tecnoglass Inc. (NYSE:TGLS - Free Report) - Research analysts at Sidoti dropped their Q4 2026 earnings per share (EPS) estimates for Tecnoglass in a report issued on Friday, April 10th. Sidoti analyst J. Romero now anticipates that the company will post earnings of $0.78 per share for the quarter, down from their prior forecast of $0.93. Sidoti also issued estimates for Tecnoglass' Q1 2027 earnings at $0.52 EPS, Q2 2027 earnings at $0.91 EPS, Q3 2027 earnings at $1.11 EPS, Q4 2027 earnings at $1.07 EPS and FY2027 earnings at $3.61 EPS.

Tecnoglass (NYSE:TGLS - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.21). Tecnoglass had a net margin of 16.22% and a return on equity of 23.05%. The firm had revenue of $245.30 million for the quarter. During the same period last year, the business posted $1.05 earnings per share. The business's revenue for the quarter was up 3.0% on a year-over-year basis.

Several other equities analysts also recently issued reports on TGLS. Weiss Ratings reissued a "hold (c)" rating on shares of Tecnoglass in a report on Monday, December 22nd. Zacks Research downgraded Tecnoglass from a "hold" rating to a "strong sell" rating in a research report on Monday, March 2nd. B. Riley Financial reduced their price objective on Tecnoglass from $70.00 to $65.00 and set a "buy" rating for the company in a research report on Friday, March 6th. Finally, DA Davidson reduced their price objective on Tecnoglass from $80.00 to $70.00 and set a "buy" rating for the company in a research report on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Tecnoglass presently has an average rating of "Hold" and an average price target of $67.50.

Tecnoglass Stock Performance

Shares of TGLS opened at $43.71 on Monday. Tecnoglass has a 1 year low of $39.53 and a 1 year high of $90.34. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 12.78, a price-to-earnings-growth ratio of 0.55 and a beta of 1.55. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.25 and a current ratio of 1.86. The firm has a fifty day moving average of $46.42 and a 200-day moving average of $51.52.

Tecnoglass Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.60 annualized dividend and a yield of 1.4%. Tecnoglass's dividend payout ratio is presently 17.54%.

Insider Activity

In related news, major shareholder Holding Corp Energy acquired 107,629 shares of Tecnoglass stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average price of $45.11 per share, with a total value of $4,855,144.19. Following the completion of the acquisition, the insider directly owned 20,731,985 shares of the company's stock, valued at $935,219,843.35. This trade represents a 0.52% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Anne Louise Carricarte acquired 1,100 shares of Tecnoglass stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of $43.27 per share, with a total value of $47,597.00. Following the acquisition, the director directly owned 1,100 shares of the company's stock, valued at approximately $47,597. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 522,995 shares of company stock valued at $22,912,205 in the last ninety days. Corporate insiders own 0.06% of the company's stock.

Institutional Investors Weigh In On Tecnoglass

A number of institutional investors have recently added to or reduced their stakes in TGLS. Royal Bank of Canada lifted its position in Tecnoglass by 8.3% in the first quarter. Royal Bank of Canada now owns 3,121 shares of the company's stock worth $224,000 after purchasing an additional 238 shares during the period. AQR Capital Management LLC lifted its position in Tecnoglass by 25.8% in the first quarter. AQR Capital Management LLC now owns 3,505 shares of the company's stock worth $251,000 after purchasing an additional 719 shares during the period. Intech Investment Management LLC lifted its holdings in Tecnoglass by 21.4% in the 1st quarter. Intech Investment Management LLC now owns 17,918 shares of the company's stock valued at $1,282,000 after acquiring an additional 3,161 shares during the last quarter. Legal & General Group Plc lifted its holdings in Tecnoglass by 23.9% in the 2nd quarter. Legal & General Group Plc now owns 5,115 shares of the company's stock valued at $396,000 after acquiring an additional 987 shares during the last quarter. Finally, Prudential Financial Inc. acquired a new stake in Tecnoglass in the 2nd quarter valued at about $217,000. 37.35% of the stock is currently owned by institutional investors and hedge funds.

Tecnoglass Company Profile

Tecnoglass, Inc is a vertically integrated designer, manufacturer and distributor of architectural glass, windows and aluminum products for the construction industry. The company's product portfolio includes tempered, laminated and insulated glass units, high‐performance aluminum windows, curtainwall systems and storefront solutions tailored to commercial, residential and institutional projects.

Established in 1994 as a family‐run enterprise in Barranquilla, Colombia, Tecnoglass has grown through significant investments in automated production lines, research and development, and international quality certifications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.