Tecnoglass Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tecnoglass in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Tecnoglass stock.
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Tecnoglass is scheduled to release its next quarterly earnings announcement on Friday, November 5th 2021.
View our earnings forecast for Tecnoglass.

Tecnoglass Inc. (NASDAQ:TGLS) issued its quarterly earnings results on Friday, August, 6th. The company reported $0.41 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.11. The business earned $121.71 million during the quarter, compared to analysts' expectations of $106.77 million. Tecnoglass had a trailing twelve-month return on equity of 29.50% and a net margin of 12.36%.
View Tecnoglass' earnings history.

Tecnoglass' stock was trading at $4.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TGLS stock has increased by 358.0% and is now trading at $20.84.
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Tecnoglass declared a quarterly dividend on Monday, August 30th. Investors of record on Thursday, September 30th will be paid a dividend of $0.027 per share on Friday, October 29th. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Wednesday, September 29th.
View Tecnoglass' dividend history.

Tecnoglass pays an annual dividend of $0.11 per share and currently has a dividend yield of 0.50%. The dividend payout ratio of Tecnoglass is 13.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tecnoglass will have a dividend payout ratio of 7.14% next year. This indicates that Tecnoglass will be able to sustain or increase its dividend.
View Tecnoglass' dividend history.

Tecnoglass updated its FY 2021 earnings guidance on Friday, September, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $450 million-$465 million, compared to the consensus revenue estimate of $429.57 million.

5 analysts have issued twelve-month price targets for Tecnoglass' stock. Their forecasts range from $10.00 to $26.00. On average, they expect Tecnoglass' stock price to reach $19.80 in the next year. This suggests that the stock has a possible downside of 5.0%.
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Some companies that are related to Tecnoglass include MINISO Group (MNSO), Stitch Fix (SFIX), BigCommerce (BIGC), ContextLogic (WISH), Asbury Automotive Group (ABG), Beacon Roofing Supply (BECN), Shake Shack (SHAK), Cracker Barrel Old Country Store (CBRL), Group 1 Automotive (GPI), Urban Outfitters (URBN), Insight Enterprises (NSIT), Overstock.com (OSTK), ACV Auctions (ACVA), Boot Barn (BOOT) and Domino's Pizza Group (DPUKY).
View all of TGLS's competitors.

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

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 American Century Companies Inc. (4.48%), BlackRock Inc. (0.83%), Rutabaga Capital Management LLC MA (0.78%), Monarch Partners Asset Management LLC (0.69%), Dimensional Fund Advisors LP (0.64%) and Vanguard Group Inc. (0.62%). Company insiders that own Tecnoglass stock include Julio A Torres and Martha L Byorum.
View institutional ownership trends for Tecnoglass.

TGLS stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Rutabaga Capital Management LLC MA, Putnam Investments LLC, Royal Bank of Canada, Wells Fargo & Company MN, Owls Nest Partners IA LLC, Poplar Forest Capital LLC, and Citadel Advisors LLC. Company insiders that have sold Tecnoglass company stock in the last year include Julio A Torres, and Martha L Byorum.
View insider buying and selling activity for Tecnoglass or view top insider-selling stocks.

TGLS stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Monarch Partners Asset Management LLC, Goldman Sachs Group Inc., Marshall Wace LLP, Marshall Wace LLP, Marshall Wace North America L.P., Dimensional Fund Advisors LP, and State Street Corp.
View insider buying and selling activity for Tecnoglass or or view top insider-buying stocks.

Shares of TGLS 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.
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One share of TGLS stock can currently be purchased for approximately $20.84.

Tecnoglass has a market capitalization of $993.55 million and generates $374.92 million in revenue each year. The company earns $24.21 million in net income (profit) each year or $0.79 on an earnings per share basis.

Tecnoglass employs 5,583 workers across the globe.

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

Tecnoglass is headquartered at AVENIDA CIRCUNVALAR A 100 MTS DE LA VIA 40, BARRIO LAS FLORES BARRANQUILLA F8, .

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 (575) 373-4000 or via email at [email protected].