NASDAQ:TGLS Tecnoglass - TGLS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Tecnoglass Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $38.04 +0.22 (+0.58%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$36.01▼$38.0550-Day Range$31.46▼$42.5652-Week Range$16.05▼$43.84Volume328,341 shsAverage Volume393,725 shsMarket CapitalizationN/AP/E Ratio11.60Dividend Yield0.79%Price Target$45.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Tecnoglass MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside18.3% Upside$45.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.06Based on 2 Articles This WeekInsider TradingAcquiring Shares$21.95 M Bought Last QuarterProj. Earnings Growth8.88%From $3.83 to $4.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 stars 2.3 Analyst's Opinion Consensus RatingTecnoglass has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.00, Tecnoglass has a forecasted upside of 18.3% from its current price of $38.04.Amount of Analyst CoverageTecnoglass has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TGLS. Previous Next 1.7 Dividend Strength Dividend YieldTecnoglass has a dividend yield of 0.79%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTecnoglass has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Tecnoglass is 9.15%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Tecnoglass will have a dividend payout ratio of 7.19% next year. This indicates that Tecnoglass will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TGLS. Previous Next 2.2 News and Social Media Coverage News SentimentTecnoglass has a news sentiment score of -0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Tecnoglass this week, compared to 3 articles on an average week.Search Interest53 people have searched for TGLS on MarketBeat in the last 30 days. This is an increase of 89% compared to the previous 30 days.MarketBeat Follows13 people have added Tecnoglass to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tecnoglass insiders have bought 8.11% more of their company's stock than they have sold. Specifically, they have bought $21,950,351.00 in company stock and sold $20,303,479.00 in company stock.Percentage Held by InsidersOnly 1.40% of the stock of Tecnoglass is held by insiders.Percentage Held by InstitutionsOnly 23.64% of the stock of Tecnoglass is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Tecnoglass are expected to grow by 8.88% in the coming year, from $3.83 to $4.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tecnoglass is 11.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Tecnoglass is 11.60, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 29.51.Price to Book Value per Share RatioTecnoglass has a P/B Ratio of 7.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Tecnoglass (NASDAQ:TGLS) StockTecnoglass, Inc. is a holding company, which engages in the design, manufacturing, distribution, marketing, and installation of architectural glass, windows and associated aluminum products for the global commercial and residential construction market. It operates through the following geographical segments: Colombia, United States, Panama, and Other. The company was founded in 1994 and is headquartered in Barranquilla, Colombia.Read More Receive TGLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tecnoglass and its competitors with MarketBeat's FREE daily newsletter. Email Address TGLS Stock News HeadlinesMarch 22, 2023 | finance.yahoo.comTecnoglass, In Alliance with Storm Shield Windows & Doors, Announces Development of Breakthrough New Product to Eliminate 99% of Water Intrusion From Sliding Doors During Severe Weather ConditionsMarch 20, 2023 | finance.yahoo.comTecnoglass to Present at the Sidoti Virtual Small-Cap ConferenceMarch 26, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 17, 2023 | finance.yahoo.comHere's What Could Help Tecnoglass (TGLS) Maintain Its Recent Price StrengthMarch 16, 2023 | americanbankingnews.comTecnoglass (NASDAQ:TGLS) Coverage Initiated at StockNews.comMarch 13, 2023 | finance.yahoo.comTecnoglass Increases Quarterly Dividend by 20% to $0.09 Per ShareMarch 6, 2023 | finance.yahoo.comTecnoglass to Attend the Raymond James 44th Annual Institutional Investors ConferenceMarch 5, 2023 | finance.yahoo.comTecnoglass (TGLS) Stock Rises on Q4 Earnings & Revenue BeatMarch 26, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 1, 2023 | finance.yahoo.comCan Tecnoglass (TGLS) Keep the Earnings Surprise Streak Alive?March 1, 2023 | finance.yahoo.com3 Reasons Why Growth Investors Shouldn't Overlook Tecnoglass (TGLS)March 1, 2023 | finance.yahoo.comWhat Makes Tecnoglass (TGLS) a Good Fit for 'Trend Investing'February 20, 2023 | finance.yahoo.comPrivate companies account for 55% of Tecnoglass Inc.'s (NYSE:TGLS) ownership, while institutions account for 26%February 7, 2023 | finance.yahoo.comTecnoglass Sets Date for Fourth Quarter and Full Year 2022 ResultsFebruary 1, 2023 | finance.yahoo.comTecnoglass (TGLS) Stock Moves -0.92%: What You Should KnowJanuary 30, 2023 | finance.yahoo.comHere's Why 'Trend' Investors Would Love Betting on Tecnoglass (TGLS)January 13, 2023 | finance.yahoo.comTecnoglass (TGLS) is on the Move, Here's Why the Trend Could be SustainableJanuary 4, 2023 | finance.yahoo.comTecnoglass Inc. (TGLS) Hits Fresh High: Is There Still Room to Run?December 29, 2022 | finance.yahoo.comWall Street Analysts Predict a 27% Upside in Tecnoglass (TGLS): Here's What You Should KnowDecember 26, 2022 | finance.yahoo.comRecent Price Trend in Tecnoglass (TGLS) is Your Friend, Here's WhyDecember 22, 2022 | finance.yahoo.comIs Tecnoglass (TGLS) a Solid Growth Stock? 3 Reasons to Think "Yes"December 21, 2022 | finance.yahoo.comWall Street Analysts See Tecnoglass (TGLS) as a Buy: Should You Invest?December 15, 2022 | finance.yahoo.comTecnoglass Inc. (TGLS) Hit a 52 Week High, Can the Run Continue?December 12, 2022 | finance.yahoo.comWall Street Analysts Think Tecnoglass (TGLS) Could Surge 27%: Read This Before Placing a BetDecember 9, 2022 | finance.yahoo.comTecnoglass (TGLS) Is a Great Choice for 'Trend' Investors, Here's WhyDecember 7, 2022 | finance.yahoo.comTecnoglass Announces Fourth Quarter 2022 Cash DividendDecember 5, 2022 | finance.yahoo.comTecnoglass to Present at the Sidoti December Virtual Small-Cap ConferenceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TGLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tecnoglass and its competitors with MarketBeat's FREE daily newsletter. Email Address TGLS Company Calendar Last Earnings11/08/2021Ex-Dividend for 1/31 Dividend12/29/2022Dividend Payable1/31/2023Today3/25/2023Ex-Dividend for 4/28 Dividend3/30/2023Dividend Payable4/28/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Flat glass Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:TGLS CUSIPN/A CIK1534675 Webwww.tecnoglass.com Phone576053734000FaxN/AEmployees8,770Year FoundedN/APrice Target and Rating Average Stock Price Forecast$45.00 High Stock Price Forecast$50.00 Low Stock Price Forecast$42.00 Forecasted Upside/Downside+18.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.28 Trailing P/E Ratio11.60 Forward P/E Ratio9.93 P/E GrowthN/ANet Income$155.74 million Net Margins21.75% Pretax Margin32.26% Return on Equity51.58% Return on Assets23.55% Debt Debt-to-Equity Ratio0.48 Current Ratio2.06 Quick Ratio1.46 Sales & Book Value Annual Sales$716.57 million Price / SalesN/A Cash Flow$2.20 per share Price / Cash Flow17.28 Book Value$5.13 per share Price / Book7.42Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.72 Key ExecutivesJosé Manuel DaesChief Executive Officer & DirectorChristian T. DaesChief Operating Officer & DirectorSantiago GiraldoChief Financial OfficerKey CompetitorsDigital Brands GroupNASDAQ:DBGIWG. Willi-Food InternationalNASDAQ:WILCKaival Brands Innovations GroupNASDAQ:KAVLPDDNASDAQ:PDDSecooNASDAQ:SECOView All CompetitorsInsiders & InstitutionsHolding Corp EnergyBought 519,412 shares on 3/9/2023Total: $21.95 M ($42.26/share)Jose M. DaesSold 275,810 sharesTotal: $11.66 M ($42.26/share)Christian T. DaesSold 204,632 sharesTotal: $8.65 M ($42.26/share)State of WyomingSold 2,150 shares on 2/16/2023Ownership: 0.003%Medina Value Partners LLCSold 26,770 shares on 2/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions TGLS Stock - Frequently Asked Questions Should I buy or sell Tecnoglass stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tecnoglass in the last year. There are currently 1 hold rating and 1 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 2023? 2 Wall Street analysts have issued 12 month price targets for Tecnoglass' stock. Their TGLS share price forecasts range from $42.00 to $50.00. On average, they predict the company's share price to reach $45.00 in the next year. This suggests a possible upside of 18.3% 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 2023? Tecnoglass' stock was trading at $30.77 at the beginning of the year. Since then, TGLS stock has increased by 23.6% and is now trading at $38.04. View the best growth stocks for 2023 here. When is Tecnoglass' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our TGLS earnings forecast. How were Tecnoglass' earnings last quarter? Tecnoglass Inc. (NASDAQ:TGLS) announced its quarterly earnings results on Monday, November, 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.11. The firm earned $130.41 million during the quarter, compared to analysts' expectations of $117.64 million. Tecnoglass had a net margin of 21.75% and a trailing twelve-month return on equity of 51.58%. During the same period in the prior year, the company earned $0.28 EPS. How often does Tecnoglass pay dividends? What is the dividend yield for Tecnoglass? Tecnoglass declared a quarterly dividend on Tuesday, March 14th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.09 per share on Friday, April 28th. This represents a $0.36 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Thursday, March 30th. This is a boost from the stock's previous quarterly dividend of $0.08. Read our dividend analysis for TGLS. What ETFs hold Tecnoglass' stock? ETFs with the largest weight of Tecnoglass (NASDAQ:TGLS) stock in their portfolio include Global X MSCI Colombia ETF (GXG), Invesco Dynamic Building & Construction ETF (PKB) and Invesco Raymond James SB-1 Equity ETF (RYJ).Carbon Collective Climate Solutions U.S. Equity ETF (CCSO). Is Tecnoglass a good dividend stock? Tecnoglass (NASDAQ:TGLS) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.80%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGLS will have a dividend payout ratio of 7.19% 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 2023 earnings guidance on Thursday, March, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $790.00 million-$830.00 million, compared to the consensus revenue estimate of $791.33 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 retail and institutional investors. Top institutional investors include American Century Companies Inc. (0.00%), Millennium Management LLC (0.00%), Portolan Capital Management LLC (0.00%), Medina Value Partners LLC (0.00%), Allspring Global Investments Holdings LLC (0.78%) and Dimensional Fund Advisors LP (0.00%). Insiders that own company stock include A Lorne Weil, Christian T Daes, Holding Corp Energy, Jose M Daes, 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 $38.04. How many employees does Tecnoglass have? The company employs 8,770 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 576053734000 or via email at investorrelations@tecnoglass.com. This page (NASDAQ:TGLS) was last updated on 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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