NASDAQ:TGLSTecnoglass Stock Price, Forecast & News

Tecnoglass' stock was trading at $4.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TGLS stock has increased by 24.0% and is now trading at $5.64. View which stocks have been most impacted by Coronavirus.

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.

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

Tecnoglass Inc (NASDAQ:TGLS) announced its quarterly earnings data on Friday, May, 8th. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.14 by $0.04. The business had revenue of $87.30 million for the quarter, compared to analyst estimates of $105.92 million. Tecnoglass had a positive return on equity of 17.27% and a negative net margin of 0.38%. View Tecnoglass' earnings history.

Tecnoglass declared a quarterly dividend on Tuesday, June 23rd. Shareholders of record on Wednesday, July 8th will be given a dividend of $0.027 per share on Friday, July 31st. This represents a $0.11 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Tuesday, July 7th. View Tecnoglass' dividend history.

5 Wall Street analysts have issued twelve-month price objectives for Tecnoglass' shares. Their forecasts range from $4.50 to $11.00. On average, they expect Tecnoglass' stock price to reach $7.17 in the next year. This suggests a possible upside of 27.1% from the stock's current price. View analysts' price targets for Tecnoglass.

Media headlines about TGLS stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tecnoglass earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news about Tecnoglass.

Tecnoglass saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 255,000 shares, a decline of 14.3% from the May 31st total of 297,500 shares. Based on an average daily volume of 94,900 shares, the short-interest ratio is presently 2.7 days. Currently, 1.4% of the company's shares are short sold. View Tecnoglass' Current Options Chain.

Some companies that are related to Tecnoglass include GMS (GMS), Michaels Companies (MIK), Brinker International (EAT), Cheesecake Factory (CAKE), Rite Aid (RAD), Arcos Dorados (ARCO), Bloomin' Brands (BLMN), Ingles Markets (IMKTA), Buckle (BKE), Biglari (BH.A), Systemax (SYX), SpartanNash (SPTN), Petmed Express (PETS), Zumiez (ZUMZ) and Abercrombie & Fitch (ANF). View all competitors.

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).

Tecnoglass trades on the NASDAQ under the ticker symbol "TGLS."

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.

One share of TGLS stock can currently be purchased for approximately $5.64.

Tecnoglass has a market capitalization of $260.12 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 5,528 workers across the globe.

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

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 571-281-1811 or via email at [email protected]