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NYSE:TG

Tredegar (TG) Stock Price, News & Analysis

Tredegar logo
$8.25
+0.10 (+1.23%)
(As of 11/4/2024 ET)

About Tredegar Stock (NYSE:TG)

Key Stats

Today's Range
$8.05
$8.48
50-Day Range
$5.95
$8.13
52-Week Range
$3.98
$8.54
Volume
99,873 shs
Average Volume
115,444 shs
Market Capitalization
$284.71 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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.

Tredegar Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
8th Percentile Overall Score

TG MarketRank™: 

Tredegar scored higher than 8% of companies evaluated by MarketBeat, and ranked 183rd out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tredegar is -3.84, 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 -3.84, 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 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Tredegar's valuation and earnings.
  • Percentage of Shares Shorted

    0.57% 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 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tredegar has recently decreased by 2.39%, indicating that investor sentiment is improving.
  • Dividend Yield

    Tredegar does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    0.57% 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 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tredegar has recently decreased by 2.39%, indicating that investor sentiment is improving.
  • News Sentiment

    Tredegar has a news sentiment score of -0.37. 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 lower news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Tredegar this week, compared to 1 article on an average week.
  • Search Interest

    Only 1 people have searched for TG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added Tredegar to their MarketBeat watchlist in the last 30 days.
  • 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 6.73% 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.

  • Read more about Tredegar's insider trading history.
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TG Stock News Headlines

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TG Stock Analysis - Frequently Asked Questions

Tredegar's stock was trading at $5.41 at the start of the year. Since then, TG shares have increased by 52.5% and is now trading at $8.25.
View the best growth stocks for 2024 here
.

Tredegar Co. (NYSE:TG) announced its quarterly earnings results on Wednesday, August, 7th. The basic materials company reported $0.30 earnings per share (EPS) for the quarter. The basic materials company had revenue of $190.56 million for the quarter. Tredegar had a positive trailing twelve-month return on equity of 6.82% and a negative net margin of 10.56%.

Tredegar subsidiaries include 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.

Tredegar's top institutional shareholders include Assenagon Asset Management S.A. (0.43%), Bleakley Financial Group LLC (0.06%) and SG Americas Securities LLC (0.03%).
View institutional ownership trends
.

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.

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
8/07/2024
Today
11/05/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
Commodity Chemicals
CUSIP
89465010
Employees
1,900
Year Founded
1989

Profitability

Net Income
$-105,900,000.00
Pretax Margin
-17.50%

Debt

Sales & Book Value

Annual Sales
$702.68 million
Cash Flow
$1.77 per share
Book Value
$4.52 per share

Miscellaneous

Free Float
32,188,000
Market Cap
$284.71 million
Optionable
Optionable
Beta
0.88

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This page (NYSE:TG) was last updated on 11/5/2024 by MarketBeat.com Staff
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