NASDAQ:TGLS - Tecnoglass Stock Price, Forecast & News

Tecnoglass' stock was trading at $4.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TGLS stock has decreased by 5.5% and is now trading at $4.30. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tecnoglass in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tecnoglass.

Tecnoglass is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Tecnoglass.

Tecnoglass Inc (NASDAQ:TGLS) released its quarterly earnings results on Monday, March, 2nd. The company reported $0.16 EPS for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.02. The company earned $101.39 million during the quarter, compared to analyst estimates of $103.68 million. Tecnoglass had a net margin of 5.69% and a return on equity of 17.32%. View Tecnoglass' earnings history.

Tecnoglass declared a quarterly dividend on Monday, March 2nd. Investors of record on Tuesday, March 31st will be paid a dividend of $0.027 per share on Thursday, April 30th. This represents a $0.11 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date is Monday, March 30th. View Tecnoglass' dividend history.

Tecnoglass issued an update on its FY 2020 Pre-Market earnings guidance on Monday, March, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $445-455 million, compared to the consensus revenue estimate of $473.13 million.

6 analysts have issued 12-month price objectives for Tecnoglass' stock. Their forecasts range from $4.50 to $11.00. On average, they anticipate Tecnoglass' stock price to reach $7.88 in the next twelve months. This suggests a possible upside of 83.1% from the stock's current price. View analysts' price targets for Tecnoglass.

Press coverage about TGLS stock has trended negative recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tecnoglass earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutTecnoglass.

Tecnoglass saw a drop in short interest in February. As of February 14th, there was short interest totaling 297,800 shares, a drop of 8.8% from the January 30th total of 326,600 shares. Based on an average daily volume of 50,200 shares, the short-interest ratio is currently 5.9 days. Approximately 1.6% of the shares of the company are short sold. View Tecnoglass' Current Options Chain.

Some companies that are related to Tecnoglass include Bloomin' Brands (BLMN), Biglari (BH.A), Revolve Group (RVLV), Abercrombie & Fitch (ANF), Sonic Automotive (SAH), Dine Brands Global (DIN), Bed Bath & Beyond (BBBY), Groupon (GRPN), Petmed Express (PETS), Brinker International (EAT), Dave & Buster's Entertainment (PLAY), Big Lots (BIG), Winmark (WINA), Signet Jewelers (SIG) and Zumiez (ZUMZ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tecnoglass investors own include QUALCOMM (QCOM), AT&T (T), Applied Materials (AMAT), Corbus Pharmaceuticals (CRBP), Intel (INTC), NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Gilead Sciences (GILD) and Primo Water (PRMW).

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

Tecnoglass' stock is owned by many different retail and institutional investors. Top institutional investors include Raymond James & Associates (0.69%), Penn Capital Management Co. Inc. (0.56%), Perritt Capital Management Inc. (0.50%), Monarch Partners Asset Management LLC (0.30%), Renaissance Technologies LLC (0.25%) and National Investment Services of America LLC (0.23%). View institutional ownership trends for Tecnoglass.

TGLS stock was sold by a variety of institutional investors in the last quarter, including Raymond James & Associates, Monarch Partners Asset Management LLC, Perritt Capital Management Inc., Renaissance Technologies LLC, and Cambridge Investment Research Advisors Inc.. View insider buying and selling activity for Tecnoglass.

TGLS stock was bought by a variety of institutional investors in the last quarter, including National Investment Services of America LLC, Penn Capital Management Co. Inc., Raymond James Financial Services Advisors Inc., and Sei Investments Co.. View insider buying and selling activity for Tecnoglass.

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

One share of TGLS stock can currently be purchased for approximately $4.30.

Tecnoglass has a market capitalization of $198.32 million and generates $430.91 million in revenue each year. The company earns $24.53 million in net income (profit) each year or $0.69 on an earnings per share basis. Tecnoglass employs 5,852 workers across the globe. View additional information about Tecnoglass.

The official website for Tecnoglass is http://www.tecnoglass.com/.

Tecnoglass' mailing address is AVENIDA CIRCUNVALAR A 100 MTS DE LA VIA, BARRIO LAS FLORES BARRANQUILLA F8, . The company can be reached via phone at 571-281-1811 or via email at [email protected]