Tecnoglass Inc (NYSE: TGLS) closed the day trading at $59.00 up 1.01% from the previous closing price of $58.41. In other words, the price has increased by $+0.59 from its previous closing price. On the day, 617830 shares were traded.
Ratios:
For a better understanding of TGLS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on February 14, 2024, Downgraded its rating to Hold and sets its target price to $45 from $48 previously.
On June 15, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $60.
Sidoti Upgraded its Neutral to Buy on December 10, 2021, while the target price for the stock was maintained at $34.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 08 ’24 when Giraldo Santiago bought 563 shares for $44.47 per share. The transaction valued at 25,037 led to the insider holds 563 shares of the business.
Energy Holding Corp sold 2,300,000 shares of TGLS for $94,449,500 on May 19 ’23. The 10% Owner now owns 24,628,108 shares after completing the transaction at $41.06 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGLS now has a Market Capitalization of 2.77B and an Enterprise Value of 2.81B. As of this moment, Tecnoglass’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.34, and their Forward P/E ratio for the next fiscal year is 13.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 16.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.33 while its Price-to-Book (P/B) ratio in mrq is 5.06. Its current Enterprise Value per Revenue stands at 3.37 whereas that against EBITDA is 9.61.
Stock Price History:
Over the past 52 weeks, TGLS has reached a high of $58.42, while it has fallen to a 52-week low of $28.21. The 50-Day Moving Average of the stock is 48.03, while the 200-Day Moving Average is calculated to be 41.72.
Shares Statistics:
Over the past 3-months, TGLS traded about 350.40K shares per day on average, while over the past 10 days, TGLS traded about 442.93k shares per day. A total of 47.00M shares are outstanding, with a floating share count of 21.97M. Insiders hold about 52.50% of the company’s shares, while institutions hold 38.08% stake in the company. Shares short for TGLS as of Mar 15, 2024 were 1.95M with a Short Ratio of 5.11, compared to 1.37M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.14% and a Short% of Float of 8.80%.
Dividends & Splits
TGLS’s forward annual dividend rate is 0.38, up from 0.36 a year ago. Against a Trailing Annual Dividend Yield of 0.62%, it implies a Forward Annual Dividend Yield of 0.84%. The stock’s 5-year Average Dividend Yield is 3.11.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.69 for the current quarter, with a high estimate of $0.74 and a low estimate of $0.6, while EPS last year was $1.08. The consensus estimate for the next quarter is $0.94, with high estimates of $1.05 and low estimates of $0.85.
Analysts are recommending an EPS of between $4.02 and $3.39 for the fiscal current year, implying an average EPS of $3.77. EPS for the following year is $4.32, with 6 analysts recommending between $4.69 and $3.64.
Revenue Estimates
6 analysts predict $197.47M in revenue for the current quarter. It ranges from a high estimate of $212.4M to a low estimate of $191.16M. As of the current estimate, Tecnoglass Inc’s year-ago sales were $191.06M, an estimated increase of 3.40% from the year-ago figure.
A total of 6 analysts have provided revenue estimates for TGLS’s current fiscal year. The highest revenue estimate was $930M, while the lowest revenue estimate was $865.54M, resulting in an average revenue estimate of $908.98M. In the same quarter a year ago, actual revenue was $833.26M, up 9.10% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $984.39M in the next fiscal year. The high estimate is $1.02B and the low estimate is $916.55M. The average revenue growth estimate for next year is up 8.30% from the average revenue estimate for this year.
