NASDAQ:TGLSTecnoglass 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 increased by 21.4% and is now trading at $5.5254. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tecnoglass in the last year. There are currently 2 hold ratings, 2 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 Friday, August 14th 2020. View our earnings forecast for Tecnoglass.

Tecnoglass Inc (NASDAQ:TGLS) released its earnings results on Friday, May, 8th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.14 by $0.04. The business earned $87.30 million during the quarter, compared to analysts' expectations of $105.92 million. Tecnoglass had a negative net margin of 0.38% and a positive return on equity of 17.27%. View Tecnoglass' earnings history.

Tecnoglass declared a quarterly dividend on Tuesday, June 23rd. Investors of record on Wednesday, July 8th will be paid a dividend of $0.027 per share on Friday, July 31st. This represents a $0.11 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Tuesday, July 7th. View Tecnoglass' dividend history.

5 equities research analysts have issued 1 year target prices for Tecnoglass' stock. Their forecasts range from $4.50 to $11.00. On average, they expect Tecnoglass' share price to reach $7.17 in the next year. This suggests a possible upside of 29.7% from the stock's current price. View analysts' price targets for Tecnoglass.

Press coverage about TGLS stock has been trending negative on Thursday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tecnoglass earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Tecnoglass.

Tecnoglass saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 255,000 shares, a decrease of 14.3% from the May 31st total of 297,500 shares. Based on an average daily volume of 94,900 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.4% of the shares of the stock are short sold. View Tecnoglass' Current Options Chain.

Some companies that are related to Tecnoglass include Michaels Companies (MIK), Brinker International (EAT), Rite Aid (RAD), GMS (GMS), Cheesecake Factory (CAKE), Bloomin' Brands (BLMN), Ingles Markets (IMKTA), Buckle (BKE), Biglari (BH.A), SpartanNash (SPTN), Petmed Express (PETS), Systemax (SYX), Zumiez (ZUMZ), Abercrombie & Fitch (ANF) and Winmark (WINA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tecnoglass investors own include AT&T (T), Applied Materials (AMAT), Intel (INTC), NVIDIA (NVDA), QUALCOMM (QCOM), Verizon Communications (VZ), Enphase Energy (ENPH), AbbVie (ABBV), Broadcom (AVGO) and Corbus Pharmaceuticals (CRBP).

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

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 $5.53.

Tecnoglass has a market capitalization of $254.83 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 5,528 workers across the globe.

The official website for Tecnoglass is www.tecnoglass.com.

Tecnoglass' mailing address is AVENIDA CIRCUNVALAR A 100 MTS DE LA VIA 40, BARRIO LAS FLORES BARRANQUILLA F8, . The company can be reached via phone at 571-281-1811 or via email at [email protected]