Raymond James:Tecnoglass (NASDAQ:TGLS) Valuation Insights

Tecnoglass Inc. (NASDAQ:TGLS) Logo

Investors sentiment increased to 3.75 in Q4 2018. Its up 0.95, from 2.8 in 2018Q3. It is positive, as 1 investors sold Tecnoglass Inc. shares while 3 reduced holdings. 4 funds opened positions while 11 raised stakes. 3.15 million shares or 130.51% more from 1.37 million shares in 2018Q3 were reported.

Perritt Management invested in 0.43% or 139,752 shares. Advisory Networks Lc stated it has 16 shares. Royal State Bank Of Canada holds 0% or 1,907 shares. Navellier And Assocs stated it has 0.08% in Tecnoglass Inc. (NASDAQ:TGLS). Wells Fargo & Mn owns 41,060 shares or 0% of their US portfolio. 89,222 were reported by California Public Employees Retirement System. Northern Trust Corporation invested 0% in Tecnoglass Inc. (NASDAQ:TGLS). Tower Ltd Com (Trc) reported 7,511 shares. Renaissance Techs stated it has 0% in Tecnoglass Inc. (NASDAQ:TGLS). Morgan Stanley reported 700 shares. Deutsche Natl Bank Ag holds 0% of its portfolio in Tecnoglass Inc. (NASDAQ:TGLS) for 42,072 shares. Retail Bank Of America Corporation De invested 0% in Tecnoglass Inc. (NASDAQ:TGLS). Boothbay Fund Mgmt Lc, New York-based fund reported 33,257 shares. Mirae Asset Glob Invs Ltd holds 0.01% or 85,070 shares in its portfolio. 53,863 are owned by Blackrock Incorporated.

Since November 13, 2018, it had 0 insider buys, and 3 insider sales for $125,887 activity.

How Raymond James Currently Rates Tecnoglass (NASDAQ:TGLS)

Analysts at Raymond James has started coverage for shares of Tecnoglass (NASDAQ:TGLS) in an analyst note revealed to investors on 8 May. The financial company set a “Outperform” rating on the $309.72M market cap firm.

The stock increased 0.57% or $0.04 during the last trading session, reaching $7.01. About 71,658 shares traded. Tecnoglass Inc. (NASDAQ:TGLS) has declined 4.26% since May 8, 2018 and is downtrending. It has underperformed by 8.63% the S&P500.

Analysts await Tecnoglass Inc. (NASDAQ:TGLS) to report earnings on May, 9 before the open. They expect $0.15 earnings per share, up 7.14 % or $0.01 from last year’s $0.14 per share. TGLS’s profit will be $6.63M for 11.68 P/E if the $0.15 EPS becomes a reality. After $0.27 actual earnings per share reported by Tecnoglass Inc. for the previous quarter, Wall Street now forecasts -44.44 % negative EPS growth.

Tecnoglass Inc., through its subsidiaries, makes and sells architectural glass and windows for residential and commercial construction industries in North, Central, and South America. The company has market cap of $309.72 million. The firm offers soft coat, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass. It has a 29.58 P/E ratio. It also produces, exports, imports, and markets aluminum products, including profiles, rods, bars, plates, tubes, and other hardware used in the manufacture of architectural glass settings, such as windows, doors, spatial separators, and similar products.

More notable recent Tecnoglass Inc. (NASDAQ:TGLS) news were published by: Nasdaq.com which released: “TE Connectivity Ltd. (TEL) Ex-Dividend Date Scheduled for February 21, 2019 – Nasdaq” on February 20, 2019, also Benzinga.com with their article: “31 Stocks Moving In Thursday’s Pre-Market Session – Benzinga” published on March 21, 2019, Zacks.com published: “What Makes Avery Dennison (AVY) a New Buy Stock – Zacks.com” on February 01, 2019. More interesting news about Tecnoglass Inc. (NASDAQ:TGLS) were released by: Zacks.com and their article: “4 Construction Stocks That Survived the 2018 Bloodbath – Zacks.com” published on December 13, 2018 as well as Zacks.com‘s news article titled: “Is Kinross Gold (KGC) a Great Value Stock Right Now? – Zacks.com” with publication date: March 13, 2019.

Tecnoglass Inc. (NASDAQ:TGLS) Ratings Chart

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