Q1 Earnings Forecast for Tecnoglass Issued By DA Davidson

Tecnoglass Inc. (NASDAQ:TGLS - Free Report) - Stock analysts at DA Davidson issued their Q1 2025 EPS estimates for Tecnoglass in a research report issued on Tuesday, March 4th. DA Davidson analyst B. Thielman forecasts that the company will post earnings per share of $0.83 for the quarter. DA Davidson currently has a "Buy" rating and a $90.00 target price on the stock. The consensus estimate for Tecnoglass' current full-year earnings is $3.53 per share. DA Davidson also issued estimates for Tecnoglass' FY2026 earnings at $4.58 EPS.

Several other analysts have also commented on the stock. StockNews.com began coverage on shares of Tecnoglass in a research note on Saturday, December 14th. They set a "hold" rating for the company. Robert W. Baird increased their target price on shares of Tecnoglass from $85.00 to $88.00 and gave the company an "outperform" rating in a research note on Friday, November 8th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $77.40.

Tecnoglass Trading Down 3.3 %

Tecnoglass stock opened at $68.95 on Wednesday. Tecnoglass has a 12-month low of $40.94 and a 12-month high of $86.99. The stock has a market capitalization of $3.24 billion, a PE ratio of 21.55 and a beta of 1.94. The firm has a 50 day simple moving average of $77.33 and a 200-day simple moving average of $73.49. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.21 and a quick ratio of 1.63.

Institutional Investors Weigh In On Tecnoglass

Several hedge funds have recently made changes to their positions in TGLS. Summit Investment Advisors Inc. lifted its position in Tecnoglass by 6.8% in the 4th quarter. Summit Investment Advisors Inc. now owns 2,350 shares of the company's stock worth $186,000 after buying an additional 149 shares in the last quarter. Quadrant Capital Group LLC lifted its position in Tecnoglass by 18.7% in the 4th quarter. Quadrant Capital Group LLC now owns 1,079 shares of the company's stock worth $86,000 after buying an additional 170 shares in the last quarter. Signaturefd LLC lifted its position in Tecnoglass by 32.6% in the 4th quarter. Signaturefd LLC now owns 898 shares of the company's stock worth $71,000 after buying an additional 221 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in Tecnoglass by 3.0% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,882 shares of the company's stock worth $784,000 after buying an additional 286 shares in the last quarter. Finally, USA Financial Formulas purchased a new stake in Tecnoglass in the 4th quarter worth approximately $26,000. Hedge funds and other institutional investors own 37.35% of the company's stock.

Tecnoglass Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend was Tuesday, December 31st. This is an increase from Tecnoglass's previous quarterly dividend of $0.11. Tecnoglass's dividend payout ratio is 17.49%.

Tecnoglass Company Profile

Tecnoglass Inc manufactures, supplies, and installs architectural glass, windows, and associated aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally. The company provides low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.