Tredegar (TG) Stock Price, News & Analysis

Company Overview

Tredegar Corporation manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and alloyed aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel and flexible displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, Pearl A, and Obsidian brands. This segment provides polyethylene overwrap for bathroom tissue and paper towels, as well as polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Ecophane and Sealphane brands. Tredegar Corporation was incorporated in 1988 and is headquartered in Richmond, Virginia.

Key Stats

• Today's Range: $7.11 to $7.21
• 50-Day Range: $6.42 to $9.13
• 52-Week Range: $3.98 to $9.22
• Volume: 77,422 shs
• Average Volume: 169,997 shs
• Market Capitalization: $246.36 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Tredegar Stock Analysis - MarketRank™

Tredegar scored higher than 16% of companies evaluated by MarketBeat, and ranked 179th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Tredegar.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tredegar is -9.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tredegar is -9.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Tredegar has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.63% of the float of Tredegar has been sold short.

Short Interest Ratio / Days to Cover

Tredegar has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tredegar has recently increased by 10.73%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Tredegar does not currently pay a dividend.

Dividend Growth

Tredegar does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -3.84

Percentage of Shares Shorted

0.63% of the float of Tredegar has been sold short.

Short Interest Ratio / Days to Cover

Tredegar has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tredegar has recently increased by 10.73%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Tredegar has a news sentiment score of 1.00. 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 0.55 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Tredegar this week, compared to 1 article on an average week.

Search Interest

7 people have searched for TG on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Tredegar insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,505.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 5.95% of the stock of Tredegar is held by insiders.

Percentage Held by Institutions

79.24% of the stock of Tredegar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TG Stock Analysis - Frequently Asked Questions

How have TG shares performed this year?

Tredegar's stock was trading at $5.41 at the start of the year. Since then, TG stock has increased by 32.5% and is now trading at $7.17.
View the best growth stocks for 2024 here.

How were Tredegar's earnings last quarter?

Tredegar Co. (NYSE:TG) issued its quarterly earnings results on Thursday, May, 9th. The basic materials company reported $0.16 earnings per share for the quarter. The basic materials company earned $175.74 million during the quarter. Tredegar had a negative net margin of 3.84% and a positive trailing twelve-month return on equity of 10.10%.

Does Tredegar have any subsidiaries?

Tredegar subsidiaries include these companies: AACOA Extrusions Inc., AACOA Inc., Bon L Aluminum LLC, Bon L Campo Limited Partnership, Bon L Holdings LLC, Bon L Manufacturing Company, Bright View Technologies, and others.

Who are Tredegar's major shareholders?

Top institutional shareholders of Tredegar include Minerva Advisors LLC (4.82%), Hotchkis & Wiley Capital Management LLC (1.90%), State Street Corp (1.71%) and Geode Capital Management LLC (1.69%).
View institutional ownership trends.

How do I buy shares of Tredegar?

Shares of TG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Tredegar own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tredegar investors own include American Water Works (AWK), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/21/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Rolling, drawing, & extruding of nonferrous metals
• Sub-Industry: Commodity Chemicals
• Current Symbol: NYSE:TG
• CUSIP: 89465010
• CIK: 850429
• Web: www.tredegar.com
• Phone: (804) 330-1000
• Fax: 804-330-1177
• Employees: 1,900
• Year Founded: 1989

Profitability

• EPS (Most Recent Fiscal Year): ($0.79)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-105,900,000.00
• Net Margins: -3.84%
• Pretax Margin: -8.63%
• Return on Equity: 10.10%
• Return on Assets: 3.58%

Debt

• Debt-to-Equity Ratio: 0.13
• Current Ratio: 0.79
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: $702.68 million
• Price / Sales: 0.35
• Cash Flow: $1.76 per share
• Price / Cash Flow: 4.08
• Book Value: $4.61 per share
• Price / Book: 1.56

Miscellaneous

• Outstanding Shares: 34,360,000
• Free Float: 32,317,000
• Market Cap: $246.36 million
• Optionable: Optionable
• Beta: 0.88