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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Urgent Warning (Ad)
Venezuela: 21 officials, businessmen arrested in oil scheme
Finnish leadership condemns attack on veteran lawmaker
Banking Nightmare (Ad)
Challenger wins close race to lead United Auto Workers union
Canada pledges Great Lakes funding after Trudeau-Biden talks
Banking Nightmare (Ad)
Travel disruption hits Germany on eve of transport strike
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Urgent Warning (Ad)
Venezuela: 21 officials, businessmen arrested in oil scheme
Finnish leadership condemns attack on veteran lawmaker
Banking Nightmare (Ad)
Challenger wins close race to lead United Auto Workers union
Canada pledges Great Lakes funding after Trudeau-Biden talks
Banking Nightmare (Ad)
Travel disruption hits Germany on eve of transport strike
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Urgent Warning (Ad)
Venezuela: 21 officials, businessmen arrested in oil scheme
Finnish leadership condemns attack on veteran lawmaker
Banking Nightmare (Ad)
Challenger wins close race to lead United Auto Workers union
Canada pledges Great Lakes funding after Trudeau-Biden talks
Banking Nightmare (Ad)
Travel disruption hits Germany on eve of transport strike
Technical issues at Lufthansa cause delays in Frankfurt
NASDAQ:TGLS

Tecnoglass - TGLS Stock Forecast, Price & News

$38.04
+0.22 (+0.58%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$36.01
$38.05
50-Day Range
$31.46
$42.56
52-Week Range
$16.05
$43.84
Volume
328,341 shs
Average Volume
393,725 shs
Market Capitalization
N/A
P/E Ratio
11.60
Dividend Yield
0.79%
Price Target
$45.00

Tecnoglass MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
18.3% Upside
$45.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.06mentions of Tecnoglass in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$21.95 M Bought Last Quarter
Proj. Earnings Growth
8.88%
From $3.83 to $4.17 Per Share

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


TGLS stock logo

About Tecnoglass (NASDAQ:TGLS) Stock

Tecnoglass, 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.

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TGLS Stock News Headlines

Fed's Shocking New Plan to Control Your Money
The 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. 
Tecnoglass (NASDAQ:TGLS) Coverage Initiated at StockNews.com
Fed's Shocking New Plan to Control Your Money
The 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. 
Tecnoglass Announces Fourth Quarter 2022 Cash Dividend
See More Headlines
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TGLS Company Calendar

Last Earnings
11/08/2021
Ex-Dividend for 1/31 Dividend
12/29/2022
Dividend Payable
1/31/2023
Today
3/25/2023
Ex-Dividend for 4/28 Dividend
3/30/2023
Dividend Payable
4/28/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Flat glass
Sub-Industry
N/A
Current Symbol
NASDAQ:TGLS
Fax
N/A
Employees
8,770
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$155.74 million
Pretax Margin
32.26%

Debt

Sales & Book Value

Annual Sales
$716.57 million
Cash Flow
$2.20 per share
Book Value
$5.13 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
1.72

Key Executives

  • José Manuel Daes
    Chief Executive Officer & Director
  • Christian T. Daes
    Chief Operating Officer & Director
  • Santiago Giraldo
    Chief Financial Officer













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?
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