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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
NASDAQ:TGLS

Tecnoglass - TGLS Stock Forecast, Price & News

$25.05
-0.17 (-0.67%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$24.56
$25.26
50-Day Range
$16.67
$25.22
52-Week Range
$16.05
$34.90
Volume
223,833 shs
Average Volume
234,776 shs
Market Capitalization
$1.19 billion
P/E Ratio
12.59
Dividend Yield
1.03%
Price Target
$34.00

Tecnoglass MarketRank™ Forecast

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
35.7% 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
0.65mentions of Tecnoglass in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.30%
From $2.24 to $2.65 Per Share

Overall MarketRank

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

2.86 out of 5 stars

Retail/Wholesale Sector

29th out of 215 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.

Tecnoglass Price Performance

TGLS Stock traded down $0.31 during trading on Tuesday, hitting $24.91. The stock had a trading volume of 4,914 shares, compared to its average volume of 158,142. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.51 and a current ratio of 2.16. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 12.53 and a beta of 1.90. The company's 50 day moving average price is $19.64 and its two-hundred day moving average price is $21.41. Tecnoglass has a 1-year low of $16.05 and a 1-year high of $34.90.

Tecnoglass Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 31st. Shareholders of record on Friday, September 30th will be issued a $0.075 dividend. This is a boost from Tecnoglass's previous quarterly dividend of $0.07. The ex-dividend date is Thursday, September 29th. This represents a $0.30 annualized dividend and a yield of 1.20%. Tecnoglass's payout ratio is 13.07%.

Wall Street Analysts Forecast Growth

Separately, B. Riley boosted their target price on shares of Tecnoglass from $32.00 to $34.00 in a research note on Friday. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $34.00.

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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
8/10/2022
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
+35.7%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$68.15 million
Pretax Margin
22.46%

Debt

Sales & Book Value

Annual Sales
$496.79 million
Cash Flow
$2.26 per share
Book Value
$5.13 per share

Miscellaneous

Free Float
46,960,000
Market Cap
$1.19 billion
Optionable
Not Optionable
Beta
1.90














TGLS Stock - Frequently Asked Questions

Should I buy or sell Tecnoglass stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tecnoglass in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 12 month price objectives for Tecnoglass' stock. 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 35.7% from the stock's current price.
View analysts price targets for TGLS
or view top-rated stocks among Wall Street analysts.

How has Tecnoglass' stock performed in 2022?

Tecnoglass' stock was trading at $26.19 at the beginning of the year. Since then, TGLS shares have decreased by 4.4% and is now trading at $25.05.
View the best growth stocks for 2022 here
.

When is Tecnoglass' next earnings date?

Tecnoglass 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) issued 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 business had revenue of $130.41 million for the quarter, compared to analyst estimates of $117.64 million. Tecnoglass had a net margin of 16.74% and a trailing twelve-month return on equity of 41.06%. During the same period last year, the business earned $0.28 earnings per share.

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

Tecnoglass declared a quarterly dividend on Friday, August 5th. Investors of record on Friday, September 30th will be paid a dividend of $0.075 per share on Monday, October 31st. This represents a $0.30 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, September 29th. This is an increase 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 1.03%. 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 9.81% 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 issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided 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 a number of institutional and retail investors. Top institutional investors 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 $25.05.

How much money does Tecnoglass make?

Tecnoglass (NASDAQ:TGLS) has a market capitalization of $1.19 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?

Tecnoglass 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 8/10/2022 by MarketBeat.com Staff

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