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. $35.29 -0.12 (-0.34%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$34.64▼$36.4850-Day Range$28.18▼$35.4152-Week Range$16.05▼$36.48Volume308,105 shsAverage Volume256,591 shsMarket CapitalizationN/AP/E Ratio13.95Dividend Yield0.88%Price Target$36.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Tecnoglass MarketRank™ ForecastAnalyst RatingStrong Buy4.00 Rating ScoreUpside/Downside3.9% Upside$36.67 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.57Based on 2 Articles This WeekInsider TradingSelling Shares$1.69 M Sold Last QuarterProj. Earnings Growth9.15%From $3.17 to $3.46 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.1.26 out of 5 stars 0.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $36.67, Tecnoglass has a forecasted upside of 3.9% from its current price of $35.29.Amount of Analyst CoverageTecnoglass has received no research coverage 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 0.88%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTecnoglass has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Tecnoglass is 11.86%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Tecnoglass will have a dividend payout ratio of 8.67% 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 2.5 News and Social Media Coverage News SentimentTecnoglass has a news sentiment score of 0.57. 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 higher news sentiment than the 0.41 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Tecnoglass this week, compared to 4 articles on an average week.Search Interest20 people have searched for TGLS on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Tecnoglass to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tecnoglass insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,694,900.00 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 9.15% in the coming year, from $3.17 to $3.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tecnoglass is 13.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Tecnoglass is 13.95, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 47.28.Price to Book Value per Share RatioTecnoglass has a P/B Ratio of 6.88. 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 2013 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 HeadlinesFebruary 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)February 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 26, 2023 | americanbankingnews.comTecnoglass (NASDAQ:TGLS) Stock Rating Lowered by StockNews.comJanuary 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 WhyFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 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 ConferenceDecember 5, 2022 | finance.yahoo.comShould You Invest in Tecnoglass (TGLS) Based on Bullish Wall Street Views?December 1, 2022 | finance.yahoo.comTecnoglass Increases Growth Outlook for Full Year 2022November 24, 2022 | finance.yahoo.comDoes Tecnoglass (TGLS) Have the Potential to Rally 29% as Wall Street Analysts Expect?November 15, 2022 | finance.yahoo.comTecnoglass to Attend the 14th Annual Southwest IDEAS Investor ConferenceNovember 8, 2022 | finance.yahoo.comWall Street Analysts See a 43% Upside in Tecnoglass (TGLS): Can the Stock Really Move This High?November 7, 2022 | finance.yahoo.comTecnoglass to Attend the Baird 52nd Annual Global Industrial ConferenceOctober 31, 2022 | seekingalpha.comTecnoglass Remains A Solid Buy With Powerful Upside Earning PotentialOctober 18, 2022 | finance.yahoo.comTecnoglass Sets Date for Third Quarter 2022 ResultsOctober 14, 2022 | nasdaq.comTecnoglass (TGLS) Gains But Lags Market: What You Should Know - NasdaqOctober 13, 2022 | finance.yahoo.comTecnoglass (TGLS) Gains But Lags Market: What You Should KnowOctober 11, 2022 | finance.yahoo.comTecnoglass (TGLS) Stock Moves -0.65%: What You Should KnowSee 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 Payable1/31/2023Today2/02/2023Next Earnings (Estimated)3/02/2023Fiscal 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/AEmployees6,908Year FoundedN/APrice Target and Rating Average Stock Price Forecast$36.67 High Stock Price Forecast$40.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+3.9%Consensus RatingStrong Buy Rating Score (0-4)4.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.53 Trailing P/E Ratio13.95 Forward P/E Ratio11.13 P/E GrowthN/ANet Income$68.15 million Net Margins18.92% Pretax Margin27.88% Return on Equity46.41% Return on Assets20.45% Debt Debt-to-Equity Ratio0.54 Current Ratio2.04 Quick Ratio1.40 Sales & Book Value Annual Sales$496.79 million Price / SalesN/A Cash Flow$2.24 per share Price / Cash Flow15.75 Book Value$5.13 per share Price / Book6.88Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.73 Key ExecutivesJosé Manuel DaesChief Executive Officer & DirectorChristian T. DaesChief Operating Officer & DirectorSantiago GiraldoChief Financial OfficerKey CompetitorsDigital Brands GroupNASDAQ:DBGIWKaival Brands Innovations GroupNASDAQ:KAVLSecooNASDAQ:SECODigital Brands GroupNASDAQ:DBGIKidpikNASDAQ:PIKView All CompetitorsInsiders & InstitutionsMonarch Partners Asset Management LLCSold 43,214 shares on 2/2/2023Ownership: 0.000%Navellier & Associates Inc.Bought 8,599 shares on 2/2/2023Ownership: 0.000%Simplex Trading LLCBought 300 shares on 2/2/2023Ownership: 0.000%Legato Capital Management LLCBought 7,379 shares on 2/1/2023Ownership: 0.000%Cornerstone Investment Partners LLCBought 6,975 shares on 2/1/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions TGLS Stock - Frequently Asked Questions Should I buy or sell Tecnoglass stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tecnoglass in the last year. There are currently 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" TGLS shares. View TGLS analyst ratings or view top-rated stocks. What is Tecnoglass' stock price forecast for 2023? 1 brokerages have issued twelve-month price objectives for Tecnoglass' stock. Their TGLS share price forecasts range from $30.00 to $40.00. On average, they expect the company's share price to reach $36.67 in the next twelve months. This suggests a possible upside of 4.4% 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 shares have increased by 14.1% and is now trading at $35.12. 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 Thursday, March 2nd 2023. View our TGLS earnings forecast. How were Tecnoglass' earnings last quarter? Tecnoglass Inc. (NASDAQ:TGLS) released its quarterly earnings data 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 had revenue of $130.41 million for the quarter, compared to analysts' expectations of $117.64 million. Tecnoglass had a net margin of 18.92% and a trailing twelve-month return on equity of 46.41%. During the same period in the prior year, the firm earned $0.28 earnings per share. How often does Tecnoglass pay dividends? What is the dividend yield for Tecnoglass? Tecnoglass announced a quarterly dividend on Thursday, December 8th. Investors of record on Friday, December 30th will be given a dividend of $0.075 per share on Tuesday, January 31st. This represents a $0.30 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, December 29th. Read our dividend analysis for TGLS. 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 0.88%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGLS will have a dividend payout ratio of 8.67% 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 Saturday, December, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $705.00 million-$715.00 million, compared to the consensus revenue estimate of $694.34 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 variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.78%), Monarch Partners Asset Management LLC (0.00%), Calamos Advisors LLC (0.00%), Wakefield Asset Management LLLP (0.00%), Riverwater Partners LLC (0.06%) and Rothschild Investment Corp IL (0.04%). Insiders that own company stock include A Lorne Weil, 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 $35.12. How many employees does Tecnoglass have? The company 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 576053734000 or via email at investorrelations@tecnoglass.com. This page (NASDAQ:TGLS) was last updated on 2/3/2023 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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