Tecnoglass Inc [TGLS] stock is trading at $69.17, down -2.99%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TGLS shares have gain 0.64% over the last week, with a monthly amount drifted -8.99%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tecnoglass Inc [NYSE: TGLS] stock has seen the most recent analyst activity on October 22, 2024, when Sidoti downgraded its rating to a Neutral but kept the price target unchanged to $78 for it. Previously, Raymond James downgraded its rating to Mkt Perform on October 22, 2024. On September 23, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $69 on the stock. Sidoti upgraded its rating to a Buy. Sidoti downgraded its rating to a Neutral and raised its price target to $59 on May 01, 2024. Stifel downgraded its rating to Hold for this stock on February 14, 2024, and downed its price target to $45. In a note dated June 15, 2023, Stifel initiated an Buy rating and provided a target price of $60 on this stock.
Tecnoglass Inc [TGLS] stock has fluctuated between $40.94 and $86.99 over the past year. Currently, Wall Street analysts expect the stock to reach $72.5 within the next 12 months. Tecnoglass Inc [NYSE: TGLS] shares were valued at $69.17 at the most recent close of the market. An investor can expect a potential return of 4.81% based on the average TGLS price forecast.
Analyzing the TGLS fundamentals
Tecnoglass Inc [NYSE:TGLS] reported sales of 890.18M for the trailing twelve months, which represents a growth of 23.11%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.27 and Total Capital is 0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 68.46 points at the first support level, and at 67.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.94, and for the 2nd resistance point, it is at 70.71.
Ratios To Look Out For
For context, Tecnoglass Inc’s Current Ratio is 2.11. Also, the Quick Ratio is 1.58, while the Cash Ratio stands at 0.51. Considering the valuation of this stock, the price to sales ratio is 3.65, the price to book ratio is 5.15 and price to earnings (TTM) ratio is 20.15.
Transactions by insiders
Recent insider trading involved ENERGY HOLDING CORP, 10% Owner, that happened on Nov 12 ’24 when 1.43 million shares were purchased. Director, Julio Torres completed a deal on Nov 12 ’24 to buy 30520.0 shares. Meanwhile, Director WEIL A LORNE sold 88173.0 shares on Nov 12 ’24.
