Tecnoglass Inc (NYSE: TGLS) has reported E.P.S. of $0.97 for its third fiscal quarter (ending September 30) versus $0.98 for the same period a year ago — a decline of -1%. Relative to the consensus estimate of $0.97, this was a premium of $0.00. For the latest four quarters through September 30, E.P.S. were $4.25 compared to $2.54 a year ago — an increase of 67%.
Recent Price Action
Tecnoglass Inc (NYSE: TGLS) stock suffered a major decline of -12.1% on 11/6/23. The shares closed at $30.13. The stock has performed in line with the market over the last nine months and has declined -6.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TGLS is expected to continue to be a major Value Builder.
Tecnoglass has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Tecnoglass has a neutral Power Rating of 52 but a good Appreciation Score of 84, producing the Positive Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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