Tecnoglass (NASDAQ:TGLS - Get Free Report) announced its earnings results on Thursday. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.82 by $0.10, Briefing.com reports. Tecnoglass had a net margin of 17.82% and a return on equity of 27.71%. The firm's revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.66 EPS. Tecnoglass updated its FY 2025 guidance to EPS.
Tecnoglass Stock Performance
NASDAQ TGLS traded down $0.36 during trading on Friday, hitting $81.64. The company's stock had a trading volume of 513,305 shares, compared to its average volume of 361,878. Tecnoglass has a 52 week low of $40.94 and a 52 week high of $86.99. The firm has a market cap of $3.84 billion, a P/E ratio of 25.51 and a beta of 1.85. The firm has a 50 day moving average price of $70.15 and a 200 day moving average price of $74.67. The company has a quick ratio of 1.63, a current ratio of 2.21 and a debt-to-equity ratio of 0.20.
Tecnoglass Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were paid a dividend of $0.15 per share. The ex-dividend date was Monday, March 31st. This represents a $0.60 annualized dividend and a yield of 0.73%. Tecnoglass's payout ratio is 17.49%.
About Tecnoglass
(
Get Free Report)
Tecnoglass Inc manufactures, supplies, and installs architectural glass, windows, and associated aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally. The company provides low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tecnoglass, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tecnoglass wasn't on the list.
While Tecnoglass currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
