Tecnoglass Inc’s (NASDAQ:TGLS) Sentiment is 1.69

Tecnoglass Inc. (NASDAQ:TGLS) Logo

Sentiment for Tecnoglass Inc (NASDAQ:TGLS)

Tecnoglass Inc (NASDAQ:TGLS) institutional sentiment decreased to 1.69 in 2019 Q2. Its down -0.61, from 2.3 in 2019Q1. The ratio fall, as 22 funds increased or started new holdings, while 13 sold and decreased equity positions in Tecnoglass Inc. The funds in our partner’s database now own: 5.34 million shares, up from 4.68 million shares in 2019Q1. Also, the number of funds holding Tecnoglass Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 8 Increased: 14 New Position: 8.

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 $331.95 million. The firm offers soft coat, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass. It has a 17.59 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.

The stock decreased 0.13% or $0.01 during the last trading session, reaching $7.4. About 25,950 shares traded. Tecnoglass Inc. (NASDAQ:TGLS) has declined 18.11% since September 13, 2018 and is downtrending. It has underperformed by 18.11% the S&P500.

Analysts await Tecnoglass Inc. (NASDAQ:TGLS) to report earnings on November, 6. They expect $0.20 earnings per share, down 16.67 % or $0.04 from last year’s $0.24 per share. TGLS’s profit will be $8.97 million for 9.25 P/E if the $0.20 EPS becomes a reality. After $0.20 actual earnings per share reported by Tecnoglass Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Rutabaga Capital Management Llc Ma holds 1.37% of its portfolio in Tecnoglass Inc. for 740,547 shares. National Investment Services Inc Wi owns 104,936 shares or 0.78% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.6% invested in the company for 221,279 shares. The Pennsylvania-based Penn Capital Management Co Inc has invested 0.16% in the stock. Polaris Capital Management Llc, a Massachusetts-based fund reported 509,900 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $11,430 activity.

Tecnoglass Inc. (NASDAQ:TGLS) Ratings Coverage

Ratings analysis reveals 100% of Tecnoglass’s analysts are positive. Out of 2 Wall Street analysts rating Tecnoglass, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $900 while the high is $10. The stock’s average target of $9.50 is 28.38% above today’s ($7.4) share price. TGLS was included in 5 notes of analysts from March 24, 2019.

More notable recent Tecnoglass Inc. (NASDAQ:TGLS) news were published by: Globenewswire.com which released: “Tecnoglass Announces Pricing of Follow-On Offering of Ordinary Shares – GlobeNewswire” on March 21, 2019, also Seekingalpha.com with their article: “Tecnoglass: Take Advantage Of A Busted Offering To Get 100%+ Total Return With A High Margin Of Safety – Seeking Alpha” published on March 27, 2019, Globenewswire.com published: “Tecnoglass Sets Date for Second Quarter 2019 Earnings Release and Conference Call – GlobeNewswire” on July 15, 2019. More interesting news about Tecnoglass Inc. (NASDAQ:TGLS) were released by: Globenewswire.com and their article: “Tecnoglass Sets Date for First Quarter 2019 Earnings Release and Conference Call – GlobeNewswire” published on April 16, 2019 as well as Nasdaq.com‘s news article titled: “TGLS vs. FAST: Which Stock Is the Better Value Option? – Nasdaq” with publication date: August 19, 2019.

Tecnoglass Inc. (NASDAQ:TGLS) Ratings Chart

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