Notable negative changes in fundamentals have recently occurred for Tecnoglass Inc (NYSE: TGLS): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Tecnoglass Inc (NYSE: TGLS) has recently experienced significant negative changes in investment behavior: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
TGLS is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Tecnoglass has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Tecnoglass has a slightly positive Appreciation Score of 62 and a very high Power Rating of 90, with the Highest Value Trend Rating the result.
Recent Price Action
Tecnoglass Inc (NYSE: TGLS) stock declined slightly by -0.7% on 6/18/24. The stock closed at $44.06. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.7% during the last week.
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