NYSE:TGTredegar Stock Price, Forecast & News

$15.64

-0.31 (-1.94 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$15.56

Now: $15.64▼

$16.25

50-Day Range

$13.62

MA: $15.34▼

$17.20

52-Week Range

$11.31

Now: $15.64▼

$23.48

Volume2,490 shs

Average Volume117,742 shs

Market Capitalization$524.10 million

P/E Ratio82.32

Dividend Yield3.14%

Beta0.98

Tredegar Corporation, through its subsidiaries, manufactures and sells polyethylene (PE) plastic films, polyester films, and aluminum extrusions worldwide. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. The PE Films segment offers personal care materials, such as apertured films and laminate materials for use in feminine hygiene products, baby diapers, and adult incontinence products under the ComfortAire, ComfortFeel, and FreshFeel brands; elastic materials for use as components for baby diapers, adult incontinence products, and feminine hygiene products under the ExtraFlex and FlexAire brands; and three-dimensional apertured film transfer layers for baby diapers and adult incontinence products under the AquiSoft, AquiDry, and AquiDry Plus brands. This segment also provides thin-gauge films for bathroom tissue and paper towels; polypropylene films for industrial applications, such as tape and automotive protection; single- and multi-layer surface protection films for protecting components of flat panel displays used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, and Pearl A brands; and specialty film-based components for a range of LED based applications. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Terphane and Sealphane brands. The Aluminum Extrusions segment produces soft-alloy and medium-strength aluminum extrusions primarily for building and construction, automotive, consumer durables, machinery and equipment, electrical, and distribution markets; and manufactures mill, anodized, and painted and fabricated aluminum extrusions to fabricators and distributors. Tredegar Corporation was founded in 1988 and is headquartered in Richmond, Virginia.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Tredegar.

2.5 Community Rank

Outperform Votes
Tredegar has received 186 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tredegar has received 183 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tredegar has received 50.41% “outperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
Tredegar is a leading dividend payer. It pays a dividend yield of 3.14%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tredegar has only been increasing its dividend for 1 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tredegar insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 12.10% of the stock of Tredegar is held by insiders.
Percentage Held by Institutions
64.54% of the stock of Tredegar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Tredegar is 82.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tredegar is 82.00, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.38.
Price to Book Value per Share Ratio
Tredegar has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.03 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Rolling, drawing, & extruding of nonferrous metals

Sub-IndustryCommodity Chemicals

SectorBasic Materials

Current SymbolNYSE:TG

Previous Symbol

CUSIP89465010

CIK850429

Webwww.tredegar.com

Phone804-330-1000

Debt

Debt-to-Equity Ratio0.18

Current Ratio1.52

Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio82.32

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$972.36 million

Price / Sales0.54

Cash Flow$2.59 per share

Price / Cash Flow6.04

Book Value$11.30 per share

Price / Book1.38

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$48.26 million

Net Margins0.64%

Return on Equity11.07%

Return on Assets5.86%

Miscellaneous

Employees3,000

Outstanding Shares33,510,000

Market Cap$524.10 million

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Tredegar (NYSE:TG) Frequently Asked Questions

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

Tredegar's stock was trading at $13.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TG shares have increased by 12.2% and is now trading at $15.58. View which stocks have been most impacted by Coronavirus.

When is Tredegar's next earnings date?

Tredegar is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Tredegar.

How were Tredegar's earnings last quarter?

Tredegar Co. (NYSE:TG) announced its quarterly earnings data on Monday, March, 16th. The basic materials company reported $0.22 EPS for the quarter. The basic materials company had revenue of $232.43 million for the quarter. Tredegar had a return on equity of 11.07% and a net margin of 0.64%. View Tredegar's earnings history.

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

Tredegar announced a quarterly dividend on Friday, May 22nd. Investors of record on Friday, June 19th will be given a dividend of $0.12 per share on Wednesday, July 1st. This represents a $0.48 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date is Thursday, June 18th. View Tredegar's dividend history.

Has Tredegar been receiving favorable news coverage?

News coverage about TG stock has trended positive on Tuesday, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tredegar earned a media sentiment score of 2.6 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutTredegar.

Are investors shorting Tredegar?

Tredegar saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 345,400 shares, an increase of 53.4% from the April 15th total of 225,200 shares. Based on an average daily trading volume, of 110,700 shares, the short-interest ratio is presently 3.1 days. Approximately 1.2% of the shares of the stock are sold short. View Tredegar's Current Options Chain.

Who are some of Tredegar's key competitors?

Some companies that are related to Tredegar include LyondellBasell Industries (LYB), Clarivate Analytics (CCC), Westlake Chemical (WLK), Cabot (CBT), Kronos Worldwide (KRO), Hawkins (HWKN), Koppers (KOP) and Trecora Resources (TREC). View all competitors.

What other stocks do shareholders of Tredegar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tredegar investors own include Verizon Communications (VZ), Netflix (NFLX), AT&T (T), Vishay Intertechnology (VSH), Ford Motor (F), Pfizer (PFE), Pure Storage (PSTG), Ring Energy (REI), Ring Energy (REI) and Regions Financial (RF).

Who are Tredegar's key executives?

Tredegar's management team includes the following people:

Mr. John M. Steitz, Pres, CEO & Director (Age 60)
Mr. D. Andrew Edwards, VP & CFO (Age 60)
Mr. Michael Jay Schewel, VP, Gen. Counsel & Corp. Sec. (Age 65)
Mr. Frasier W. Brickhouse II, Corp. Treasurer & Controller (Age 82)
Mr. J. Stephen Prince, Pres of Personal Care

What is Tredegar's stock symbol?

Tredegar trades on the New York Stock Exchange (NYSE) under the ticker symbol "TG."

Who are Tredegar's major shareholders?

Tredegar's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.55%), Gamco Investors INC. ET AL (9.64%), State Street Corp (2.49%), Gabelli Funds LLC (1.53%), Teton Advisors Inc. (1.42%) and London Co. of Virginia (1.23%). Company insiders that own Tredegar stock include Anne G Waleski and Michael Jay Schewel. View institutional ownership trends for Tredegar.

Which major investors are selling Tredegar stock?

TG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Morgan Stanley, Mackay Shields LLC, Parametric Portfolio Associates LLC, Bank of New York Mellon Corp, Martingale Asset Management L P, and Teton Advisors Inc.. View insider buying and selling activity for Tredegar.

Which major investors are buying Tredegar stock?

TG stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Grantham Mayo Van Otterloo & Co. LLC, State Street Corp, Aperio Group LLC, Geode Capital Management LLC, 6 Meridian, Bowling Portfolio Management LLC, and US Bancorp DE. Company insiders that have bought Tredegar stock in the last two years include Anne G Waleski, and Michael Jay Schewel. View insider buying and selling activity for Tredegar.

How do I buy shares of Tredegar?

Shares of TG 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 Tredegar's stock price today?

One share of TG stock can currently be purchased for approximately $15.58.

How big of a company is Tredegar?

Tredegar has a market capitalization of $522.09 million and generates $972.36 million in revenue each year. Tredegar employs 3,000 workers across the globe.

What is Tredegar's official website?

The official website for Tredegar is www.tredegar.com.

How can I contact Tredegar?

Tredegar's mailing address is 1100 BOULDERS PARKWAY, RICHMOND VA, 23225. The basic materials company can be reached via phone at 804-330-1000 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff