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What Is WallStreetBets and What Stocks Are They Targeting?
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Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
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Wall Street builds on gains, heads for 4-week winning streak
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Judge revives Obama-era ban on coal sales from federal lands
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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
The Day of Financial Reckoning Is Near (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
Stop Day Trading - More Here (Ad)pixel
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
The Day of Financial Reckoning Is Near (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
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Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
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NASDAQ:TGLS

Tecnoglass - TGLS Stock Forecast, Price & News

$25.58
+0.12 (+0.47%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$25.50
$25.94
50-Day Range
$16.67
$25.67
52-Week Range
$16.05
$34.90
Volume
111,063 shs
Average Volume
233,023 shs
Market Capitalization
$1.22 billion
P/E Ratio
12.85
Dividend Yield
1.02%
Price Target
$34.00

Tecnoglass MarketRank™ Forecast

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
32.9% Upside
$34.00 Price Target
Short Interest
Healthy
10.79% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.72mentions of Tecnoglass in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.45%
From $2.57 to $2.89 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.73 out of 5 stars

Retail/Wholesale Sector

46th out of 221 stocks

Flat Glass Industry

1st out of 2 stocks

TGLS stock logo

About Tecnoglass (NASDAQ:TGLS) Stock

Tecnoglass Inc., through its subsidiaries, designs, produces, markets, and installs architectural systems for the commercial and residential construction industries in Colombia, the United States, Panama, and internationally. The company offers low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products. It also provides aluminum products, including bars, plates, profiles, rods, and tubes that are used in the manufacture of architectural glass settings, such as windows, doors, spatial separators, and related products. In addition, the company offers curtain wall/floating facades, windows and doors, interior dividers and commercial display windows, hurricane-proof windows, and stick facade systems; and other products comprising awnings, structures, automatic doors, and other components of architectural systems. It markets and sells its products primarily under the Tecnoglass, ESWindows, and Alutions brands through internal and independent sales representatives, as wells as directly to distributors. The company was founded in 1984 and is headquartered in Barranquilla, Colombia. Tecnoglass Inc. is a subsidiary of Energy Holding Corporation.

Analysts Set New Price Targets

Several brokerages recently weighed in on TGLS. StockNews.com raised Tecnoglass from a "buy" rating to a "strong-buy" rating in a report on Thursday. B. Riley raised their price objective on Tecnoglass from $32.00 to $34.00 in a research note on Friday, August 5th. Three equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Tecnoglass currently has a consensus rating of "Buy" and an average price target of $34.00.

Tecnoglass Stock Performance

NASDAQ:TGLS traded down $0.21 during mid-day trading on Friday, hitting $25.46. The stock had a trading volume of 129,253 shares, compared to its average volume of 183,501. The company has a current ratio of 2.04, a quick ratio of 1.51 and a debt-to-equity ratio of 0.64. The company has a 50 day simple moving average of $19.86 and a 200-day simple moving average of $21.50. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 11.83 and a beta of 1.90. Tecnoglass has a 52 week low of $16.05 and a 52 week high of $34.90.

Tecnoglass Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 31st. Investors of record on Friday, September 30th will be issued a $0.075 dividend. This is an increase from Tecnoglass's previous quarterly dividend of $0.07. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date is Thursday, September 29th. Tecnoglass's payout ratio is presently 13.07%.

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TGLS Stock News Headlines

B. Riley Boosts Tecnoglass (NASDAQ:TGLS) Price Target to $34.00
Tecnoglass (NASDAQ:TGLS) Shares Gap Up to $22.99
Tecnoglass Sets Date for Second Quarter 2022 Results
See More Headlines
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TGLS Company Calendar

Last Earnings
11/08/2021
Ex-Dividend for 7/29 Dividend
6/29/2022
Dividend Payable
7/29/2022
Today
8/12/2022
Next Earnings (Estimated)
11/14/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Flat glass
Sub-Industry
N/A
Current Symbol
NASDAQ:TGLS
Fax
N/A
Employees
6,908
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$34.00
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+32.9%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$68.15 million
Pretax Margin
24.26%

Debt

Sales & Book Value

Annual Sales
$496.79 million
Cash Flow
$2.17 per share
Book Value
$6.02 per share

Miscellaneous

Free Float
46,960,000
Market Cap
$1.22 billion
Optionable
Not Optionable
Beta
1.90














TGLS Stock - Frequently Asked Questions

Should I buy or sell Tecnoglass stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tecnoglass in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TGLS shares.
View TGLS analyst ratings
or view top-rated stocks.

What is Tecnoglass' stock price forecast for 2022?

4 brokers have issued twelve-month price objectives for Tecnoglass' shares. Their TGLS share price forecasts range from $30.00 to $38.00. On average, they expect the company's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price.
View analysts price targets for TGLS
or view top-rated stocks among Wall Street analysts.

How have TGLS shares performed in 2022?

Tecnoglass' stock was trading at $26.19 at the start of the year. Since then, TGLS stock has decreased by 1.7% and is now trading at $25.75.
View the best growth stocks for 2022 here
.

When is Tecnoglass' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our TGLS earnings forecast
.

How were Tecnoglass' earnings last quarter?

Tecnoglass Inc. (NASDAQ:TGLS) released its quarterly earnings results on Monday, November, 8th. The company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.11. The firm had revenue of $130.41 million for the quarter, compared to the consensus estimate of $117.64 million. Tecnoglass had a trailing twelve-month return on equity of 39.73% and a net margin of 16.74%. During the same quarter in the prior year, the business posted $0.28 EPS.

How often does Tecnoglass pay dividends? What is the dividend yield for Tecnoglass?

Tecnoglass declared a quarterly dividend on Friday, August 5th. Shareholders of record on Friday, September 30th will be given a dividend of $0.075 per share on Monday, October 31st. This represents a $0.30 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, September 29th. This is a boost from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for TGLS
.

Is Tecnoglass a good dividend stock?

Tecnoglass (NASDAQ:TGLS) pays an annual dividend of $0.26 per share and currently has a dividend yield of 1.01%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGLS will have a dividend payout ratio of 9.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TGLS.

What guidance has Tecnoglass issued on next quarter's earnings?

Tecnoglass updated its FY 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $620.00 million-$640.00 million, compared to the consensus revenue estimate of $597.72 million.

What other stocks do shareholders of Tecnoglass own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tecnoglass investors own include Intel (INTC), AT&T (T), Corbus Pharmaceuticals (CRBP), Walt Disney (DIS), NVIDIA (NVDA), Pfizer (PFE), Broadcom (AVGO), Gilead Sciences (GILD), QUALCOMM (QCOM) and Valero Energy (VLO).

What is Tecnoglass' stock symbol?

Tecnoglass trades on the NASDAQ under the ticker symbol "TGLS."

Who are Tecnoglass' major shareholders?

Tecnoglass' stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.91%), Monarch Partners Asset Management LLC (0.41%), Calamos Advisors LLC (0.40%), Mirae Asset Global Investments Co. Ltd. (0.09%), Lazard Asset Management LLC (0.06%) and Seizert Capital Partners LLC (0.05%). Insiders that own company stock include Julio A Torres and Martha L Byorum.
View institutional ownership trends
.

How do I buy shares of Tecnoglass?

Shares of TGLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tecnoglass' stock price today?

One share of TGLS stock can currently be purchased for approximately $25.75.

How much money does Tecnoglass make?

Tecnoglass (NASDAQ:TGLS) has a market capitalization of $1.23 billion and generates $496.79 million in revenue each year. The company earns $68.15 million in net income (profit) each year or $1.99 on an earnings per share basis.

How many employees does Tecnoglass have?

The company employs 6,908 workers across the globe.

How can I contact Tecnoglass?

Tecnoglass' mailing address is AVENIDA CIRCUNVALAR A 100 MTS DE LA VIA 40, BARRIO LAS FLORES BARRANQUILLA F8, . The official website for the company is www.tecnoglass.com. The company can be reached via phone at (575) 373-4000 or via email at investorrelations@tecnoglass.com.

This page (NASDAQ:TGLS) was last updated on 8/13/2022 by MarketBeat.com Staff

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