NASDAQ:TGLSTecnoglass Stock Price, Forecast & News

$4.91

+0.51 (+11.59 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$4.50

Now: $4.91▼

$5.00

50-Day Range

$3.12

MA: $3.66▼

$4.48

52-Week Range

$2.15

Now: $4.91▼

$8.93

Volume71,229 shs

Average Volume72,225 shs

Market Capitalization$226.45 million

P/E RatioN/A

Dividend Yield2.50%

Beta1.28

Tecnoglass Inc., through its subsidiaries, manufactures, supplies, and installs architectural glass, windows, and associated aluminum products for the commercial and residential construction industries in North, Central, and South America. The company offers low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products. It also produces, exports, imports, and markets aluminum products, including profiles, rods, bars, plates, tubes, and other hardware used in the manufacture of architectural glass settings, such as windows, doors, spatial separators, and similar products. In addition, the company provides floating facades, windows and doors, interior dividers and commercial display windows, hurricane-proof windows, and other products, such as awnings, structures, automatic doors, and other components of architectural systems. It markets and sells its products under the Tecnoglass, ES Windows, 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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Tecnoglass has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.63, Tecnoglass has a potential upside of 55.3% from its current price of $4.91.
Amount of Analyst Coverage
Tecnoglass has only been the subject of 2 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Tecnoglass has received 267 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tecnoglass has received 336 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tecnoglass has received 55.72% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tecnoglass and other stocks. Vote “Outperform” if you believe TGLS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TGLS will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Tecnoglass is a leading dividend payer. It pays a dividend yield of 2.50%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tecnoglass has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Tecnoglass is 15.94 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Tecnoglass will have a dividend payout ratio of 16.92 % next year. This indicates that Tecnoglass will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tecnoglass insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.70% of the stock of Tecnoglass is held by insiders.
Percentage Held by Institutions
Only 14.20% of the stock of Tecnoglass is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Tecnoglass are expected to grow by 18.18% in the coming year, from $0.55 to $0.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tecnoglass is -163.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tecnoglass is -163.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Tecnoglass has a PEG Ratio of 0.42. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Tecnoglass has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Flat glass

Sub-IndustryN/A

SectorRetail/Wholesale

Current SymbolNASDAQ:TGLS

Previous Symbol

CUSIPN/A

CIK1534675

Webwww.tecnoglass.com

Phone571-281-1811

Debt

Debt-to-Equity Ratio1.75

Current Ratio2.38

Quick Ratio1.80

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio8.93

P/E Growth0.42

Sales & Book Value

Annual Sales$430.91 million

Price / Sales0.53

Cash Flow$1.31 per share

Price / Cash Flow3.74

Book Value$3.12 per share

Price / Book1.57

Profitability

EPS (Most Recent Fiscal Year)$0.69

Net Income$24.53 million

Net Margins-0.38%

Return on Equity17.27%

Return on Assets6.89%

Miscellaneous

Employees5,852

Outstanding Shares46,120,000

Market Cap$226.45 million

Next Earnings Date8/14/2020 (Estimated)

OptionableNot Optionable

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Tecnoglass (NASDAQ:TGLS) Frequently Asked Questions

How has Tecnoglass' stock been impacted by COVID-19 (Coronavirus)?

Tecnoglass' stock was trading at $4.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TGLS stock has increased by 7.9% and is now trading at $4.91. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tecnoglass?

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.

When is Tecnoglass' next earnings date?

Tecnoglass is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Tecnoglass.

How were Tecnoglass' earnings last quarter?

Tecnoglass Inc (NASDAQ:TGLS) posted its quarterly earnings results on Friday, May, 8th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.04. The firm earned $87.30 million during the quarter, compared to analyst estimates 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.

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

Tecnoglass declared a quarterly dividend on Monday, March 2nd. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.027 per share on Thursday, April 30th. This represents a $0.11 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Monday, March 30th. View Tecnoglass' dividend history.

What guidance has Tecnoglass issued on next quarter's earnings?

Tecnoglass updated its FY 2020 Pre-Market earnings guidance on Monday, March, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $445-455 million, compared to the consensus revenue estimate of $473.13 million.

What price target have analysts set for TGLS?

5 analysts have issued 12 month target prices for Tecnoglass' shares. Their forecasts range from $4.50 to $11.00. On average, they expect Tecnoglass' stock price to reach $7.63 in the next year. This suggests a possible upside of 55.3% from the stock's current price. View analysts' price targets for Tecnoglass.

Has Tecnoglass been receiving favorable news coverage?

News stories about TGLS stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tecnoglass earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutTecnoglass.

Are investors shorting Tecnoglass?

Tecnoglass saw a increase in short interest in May. As of May 15th, there was short interest totaling 327,700 shares, an increase of 9.5% from the April 30th total of 299,200 shares. Based on an average daily volume of 87,300 shares, the short-interest ratio is currently 3.8 days. Currently, 1.8% of the shares of the company are sold short. View Tecnoglass' Current Options Chain.

Who are some of Tecnoglass' key competitors?

Some companies that are related to Tecnoglass include Dine Brands Global (DIN), Arcos Dorados (ARCO), Systemax (SYX), SpartanNash (SPTN), Dillard's (DDS), Buckle (BKE), Biglari (BH.A), Petmed Express (PETS), Abercrombie & Fitch (ANF), Yunji (YJ), Rite Aid (RAD), Overstock.com (OSTK), Boot Barn (BOOT), Groupon (GRPN) and Zumiez (ZUMZ). View all competitors.

What other stocks do shareholders of Tecnoglass own?

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).

Who are Tecnoglass' key executives?

Tecnoglass' management team includes the following people:

Mr. José Manuel Daes, CEO & Director (Age 58)
Mr. Santiago Giraldo, CFO & Head of Investor Relations (Age 44)
Mr. Christian T. Daes, COO & Director (Age 54)

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 variety of institutional and retail investors. Top institutional shareholders include Polaris Capital Management LLC (0.85%), Raymond James & Associates (0.66%), Penn Capital Management Co. Inc. (0.62%), Monarch Partners Asset Management LLC (0.38%), National Investment Services of America LLC (0.32%) and Invesco Ltd. (0.28%). View institutional ownership trends for Tecnoglass.

Which major investors are selling Tecnoglass stock?

TGLS stock was sold by a variety of institutional investors in the last quarter, including Polaris Capital Management LLC, BlackRock Inc., JPMorgan Chase & Co., Raymond James & Associates, Pinnacle Associates Ltd., and Connors Investor Services Inc.. View insider buying and selling activity for Tecnoglass.

Which major investors are buying Tecnoglass stock?

TGLS stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., National Investment Services of America LLC, Monarch Partners Asset Management LLC, and Penn Capital Management Co. Inc.. View insider buying and selling activity for Tecnoglass.

How do I buy shares of Tecnoglass?

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.

What is Tecnoglass' stock price today?

One share of TGLS stock can currently be purchased for approximately $4.91.

How big of a company is Tecnoglass?

Tecnoglass has a market capitalization of $226.45 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 5,852 workers across the globe.

What is Tecnoglass' official website?

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

How can I contact Tecnoglass?

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

This page was last updated on 5/30/2020 by MarketBeat.com Staff