What is Sidoti's Estimate for Tecnoglass Q2 Earnings?

Key Points

• Sidoti cut its Q2 2026 EPS estimate for Tecnoglass to $0.50 (from $0.88) and also projects Q3 EPS of $0.78 and FY2026 EPS of $2.71.
• Tecnoglass last reported $0.63 EPS for the quarter, missing the consensus of $0.84 on revenue of $245.3 million.
• Analyst sentiment is mixed—two Buys, one Hold and one Sell—giving an average rating of Hold and an average price target of $67.50, with several firms recently trimming targets.

Tecnoglass Inc. (NYSE:TGLS - Free Report) - Research analysts at Sidoti reduced their Q2 2026 EPS estimates for shares of Tecnoglass in a report issued on Friday, April 10th. Sidoti analyst J. Romero now forecasts that the company will earn $0.50 per share for the quarter, down from their prior estimate of $0.88. Sidoti also issued estimates for Tecnoglass' Q3 2026 earnings at $0.78 EPS and FY2026 earnings at $2.71 EPS.

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

Tecnoglass Stock Up 4.9%

TGLS opened at $45.74 on Tuesday. The firm has a 50 day moving average price of $46.37 and a 200 day moving average price of $51.38. The company has a market cap of $2.05 billion, a PE ratio of 13.37, a price-to-earnings-growth ratio of 0.55 and a beta of 1.55. Tecnoglass has a 1 year low of $39.53 and a 1 year high of $90.34. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.25 and a current ratio of 1.86.

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

Institutional Trading of Tecnoglass

Large investors have recently bought and sold shares of the company. First Horizon Corp acquired a new stake in Tecnoglass in the third quarter valued at approximately $28,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Tecnoglass during the fourth quarter worth approximately $28,000. Arax Advisory Partners grew its position in shares of Tecnoglass by 128.4% during the fourth quarter. Arax Advisory Partners now owns 596 shares of the company's stock worth $30,000 after buying an additional 335 shares in the last quarter. Federated Hermes Inc. grew its position in shares of Tecnoglass by 290.2% during the third quarter. Federated Hermes Inc. now owns 597 shares of the company's stock worth $40,000 after buying an additional 444 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of Tecnoglass by 223.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 637 shares of the company's stock worth $43,000 after buying an additional 440 shares in the last quarter. Institutional investors and hedge funds own 37.35% of the company's stock.

Insider Activity at Tecnoglass

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

Tecnoglass Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be given 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 1.3%. Tecnoglass's dividend payout ratio (DPR) is 17.54%.

About Tecnoglass

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.