Tecnoglass Stock (NYSE:TGLS), Trade Ideas

Tecnoglass

Tecnoglass Inc designs, manufactures, distributes, and markets architectural glass and windows. The company's products portfolio includes tempered, laminated, insulating and Solar Control Low-E glass. Its products are installed at hotels, residential buildings, commercial and corporate centers, airports and hospitals as floating facades, curtain walls, windows, doors, handrails, interior and dividers. Its majority of revenue is derived from the sale and installation of architectural glass and windows in the United States.

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TGLS

Tecnoglass Inc (NYSE: TGLS) reported upbeat results for its third quarter and tightened its full-year sales outlook on Monday.

How To Earn $500 A Month From Tecnoglass Stock After Upbeat Q3 Earnings

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Tecnoglass Inc

<p>Baird  analyst Timothy Wojs   maintains Tecnoglass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) with a Outperform and raises the price target from $56 to $65.</p>


Price Target

Analyst Ratings

Baird Maintains Outperform on Tecnoglass, Raises Price Target to $65

<h3>Gainers</h3>
<ul>
<li><strong>Argan</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGX#NYSE">AGX</a>) shares increased by 5.9% to $52.27 during Thursday's after-market session. The market value of their outstanding shares is at $696.6 million. As per the press release, Q4 earnings came out today. </li>
<li><strong>Pineapple Energy</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) shares rose 5.37% to $0.06. The company's market cap stands at $3.8 million. </li>
<li><strong>Safe &amp; Green Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) stock moved upwards by 5.04% to $0.17. The company's market cap stands at $3.2 million. </li>
<li><strong>ESS Tech</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWH#NYSE">GWH</a>) stock rose 4.99% to $0.73. The company's market cap stands at $127.2 million. </li>
<li><strong>Controladora Vuela</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLRS#NYSE">VLRS</a>) stock rose 4.43% to $7.8. The company's market cap stands at $898.2 million. </li>
<li><strong>Azul</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZUL#NYSE">AZUL</a>) shares rose 4.34% to $7.68. The market value of their outstanding shares is at $889.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Nature's Miracle Holding</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMHI#NASDAQ">NMHI</a>) shares declined by 7.9% to $0.93 during Thursday's after-market session. The market value of their outstanding shares is at $24.4 million. </li>
<li><strong>CEA Industries</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEAD#NASDAQ">CEAD</a>) shares fell 7.11% to $0.52. The market value of their outstanding shares is at $4.2 million. </li>
<li><strong>Nauticus Robotics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) shares decreased by 4.35% to $0.22. The market value of their outstanding shares is at $13.6 million. As per the news, the Q4 earnings report came out 2 days ago. </li>
<li><strong>Tecnoglass</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) shares fell 4.04% to $56.62. The market value of their outstanding shares is at $2.6 billion. </li>
<li><strong>noco-noco</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNC#NASDAQ">NCNC</a>) shares declined by 3.15% to $0.27. The market value of their outstanding shares is at $36.3 million. </li>
<li><strong>Momentus</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTS#NASDAQ">MNTS</a>) stock decreased by 3.07% to $0.41. The company's market cap stands at $5.4 million.<br />
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</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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<p>Across the recent three months, 4 analysts have shared their insights on Tecnoglass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for Tecnoglass, presenting an average target of $52.5, a high estimate of $65.00, and a low estimate of $45.00. This current average reflects an increase of 6.06% from the previous average price target of $49.50. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712692818_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>The analysis of recent analyst actions sheds light on the perception of Tecnoglass by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Alex Rygiel</td>
<td>B. Riley Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$65.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Brent Thielman</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$50.00</td>
<td>-</td>
</tr>
<tr>
<td>Brent Thielman</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$50.00</td>
<td>-</td>
</tr>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$45.00</td>
<td>$48.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Tecnoglass. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Tecnoglass compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of Tecnoglass's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Tecnoglass's market standing. Stay informed and make well-considered decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TGLS/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Tecnoglass analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Tecnoglass</h2>
<p>Tecnoglass Inc designs, manufactures, distributes, and markets architectural glass and windows. The company's products portfolio includes tempered, laminated, insulating and Solar Control Low-E glass. Its products are installed at hotels, residential buildings, commercial and corporate centers, airports and hospitals as floating facades, curtain walls, windows, doors, handrails, interior and dividers. Its majority of revenue is derived from the sale and installation of architectural glass and windows in the United States.</p>
<h3>Tecnoglass: Delving into Financials</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Challenges:</strong> Tecnoglass's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately <strong>-7.82%</strong>. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.</p>
<p><strong>Net Margin:</strong> Tecnoglass's net margin excels beyond industry benchmarks, reaching <strong>18.67%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Tecnoglass's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of <strong>6.82%,</strong> the company may face hurdles in generating optimal returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Tecnoglass's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>3.82%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> Tecnoglass's debt-to-equity ratio is below the industry average. With a ratio of <b>0.31</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>Analyst Ratings: Simplified</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


The Analyst Verdict: Tecnoglass In The Eyes Of 4 Experts

<p>B. Riley Securities  analyst Alex Rygiel   maintains Tecnoglass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) with a Buy and raises the price target from $51 to $65.</p>


B. Riley Securities Maintains Buy on Tecnoglass, Raises Price Target to $65

<p>Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Tecnoglass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) in the last three months.</p>
<p>The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for Tecnoglass, revealing an average target of $48.25, a high estimate of $50.00, and a low estimate of $45.00. This upward trend is apparent, with the current average reflecting a 2.66% increase from the previous average price target of $47.00.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709658070_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>The standing of Tecnoglass among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brent Thielman</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$50.00</td>
<td>-</td>
</tr>
<tr>
<td>Brent Thielman</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$50.00</td>
<td>-</td>
</tr>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$45.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$48.00</td>
<td>$46.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Tecnoglass. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Tecnoglass compared to the broader market.</li>
<li><strong>Price Targets:</strong> Understanding forecasts, analysts offer estimates for Tecnoglass's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Tecnoglass's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TGLS/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Tecnoglass analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.</p>
<h2>Discovering Tecnoglass: A Closer Look</h2>
<p>Tecnoglass Inc designs, manufactures, distributes, and markets architectural glass and windows. The company's products portfolio includes tempered, laminated, insulating and Solar Control Low-E glass. Its products are installed at hotels, residential buildings, commercial and corporate centers, airports and hospitals as floating facades, curtain walls, windows, doors, handrails, interior and dividers. Its majority of revenue is derived from the sale and installation of architectural glass and windows in the United States.</p>
<h3>Key Indicators: Tecnoglass's Financial Health</h3>
<p><strong>Market Capitalization Analysis:</strong> Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Tecnoglass displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately <strong>4.44%</strong>. This indicates a notable increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Tecnoglass's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>21.76%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Tecnoglass's ROE excels beyond industry benchmarks, reaching <strong>9.23%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Tecnoglass's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>5.01%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> With a below-average debt-to-equity ratio of <strong>0.33</strong>, Tecnoglass adopts a prudent financial strategy, indicating a balanced approach to debt management.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Assessing Tecnoglass: Insights From 4 Financial Analysts

<p>DA Davidson  analyst Brent Thielman   reiterates Tecnoglass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) with a Buy and maintains $50 price target.</p>


Reiteration

DA Davidson Reiterates Buy on Tecnoglass, Maintains $50 Price Target

<h3>Gainers</h3>
<ul>
<li><strong>Nxu</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXU#NASDAQ">NXU</a>) shares increased by 50.1% to $1.2 during Friday's pre-market session. The market value of their outstanding shares is at $3.7 million. </li>
<li><strong>Baiyu Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYU#NASDAQ">BYU</a>) shares increased by 23.18% to $1.7. The market value of their outstanding shares is at $32.8 million. </li>
<li><strong>Greenwave Tech Solns</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) shares increased by 17.61% to $0.83. The market value of their outstanding shares is at $13.8 million. </li>
<li><strong>TDCX</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDCX#NYSE">TDCX</a>) stock increased by 14.28% to $7.04. The company's market cap stands at $1.0 billion. </li>
<li><strong>Li-Cycle Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LICY#NYSE">LICY</a>) stock increased by 11.08% to $0.4. The market value of their outstanding shares is at $71.2 million. </li>
<li><strong>Roma Green Finance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROMA#NASDAQ">ROMA</a>) shares moved upwards by 8.86% to $0.98. The market value of their outstanding shares is at $10.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Sidus Space</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIDU#NASDAQ">SIDU</a>) shares declined by 28.1% to $6.46 during Friday's pre-market session. The company's market cap stands at $18.0 million. </li>
<li><strong>Tritium DCFC</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCFC#NASDAQ">DCFC</a>) shares declined by 17.33% to $0.12. The company's market cap stands at $19.8 million. </li>
<li><strong>Royalty Management Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCO#NASDAQ">RMCO</a>) shares fell 11.43% to $1.55. The market value of their outstanding shares is at $22.1 million. </li>
<li><strong>Tecnoglass</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) shares decreased by 8.71% to $42.69. The market value of their outstanding shares is at $2.0 billion. The company's, Q4 earnings came out yesterday. </li>
<li><strong>Laser Photonics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASE#NASDAQ">LASE</a>) shares fell 8.28% to $1.33. The market value of their outstanding shares is at $10.9 million. </li>
<li><strong>CECO Environmental</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CECO#NASDAQ">CECO</a>) shares decreased by 7.73% to $20.9. The market value of their outstanding shares is at $727.5 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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12 Industrials Stocks Moving In Friday's Pre-Market Session

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Technoglass shares are trading lower after the company reported worse-than-expected Q4 revenue results.

<p><strong>Tecnoglass</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:30 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>Tecnoglass beat estimated earnings by 5.0%, reporting an EPS of $0.8 versus an estimate of $0.76.</p>
<p>Revenue was down $16.52 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat on EPS by $0.01 which was followed by a 5.0% increase in the share price the next day.</p>
<p>Here's a look at Tecnoglass's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.97</td>
<td>0.98</td>
<td>0.89</td>
<td>0.98</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.98</td>
<td>1.12</td>
<td>1.08</td>
<td>1.09</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>207.61M</td>
<td>208.90M</td>
<td>191.06M</td>
<td>201.79M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>210.74M</td>
<td>225.28M</td>
<td>202.64M</td>
<td>211.12M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Tecnoglass <a href="https://www.benzinga.com/quote/TGLS/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Tecnoglass: Q4 Earnings Insights

<p>Tecnoglass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) reported quarterly earnings of $0.800 per share which beat the analyst consensus estimate of $0.760 by 5.26 percent.  The company reported quarterly sales of $194.603 million which missed the analyst consensus estimate of $200.647 million by 3.01 percent.  This is a 7.82 percent decrease over sales of $211.118 million the same period last year.</p>


Earnings Beats

Earnings Misses

Tecnoglass Q4 2023 Adj EPS $0.800 Beats $0.760 Estimate, Sales $194.603M Miss $200.647M Estimate

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Shares of several companies in the broader industrial sector are trading lower as stocks fall following a greater-than-expected increase in January inflation data.

<h3>Gainers</h3>
<ul>
<li><strong>Knightscope</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KSCP#NASDAQ">KSCP</a>) stock rose 5.0% to $0.59 during Thursday's after-market session. The company's market cap stands at $49.8 million. </li>
<li><strong>Ideanomics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDEX#NASDAQ">IDEX</a>) shares increased by 4.73% to $1.88. The market value of their outstanding shares is at $22.5 million. </li>
<li><strong>American Rebel Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) shares increased by 4.3% to $0.24. The market value of their outstanding shares is at $1.2 million. </li>
<li><strong>Exela Technologies</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XELA#NASDAQ">XELA</a>) shares rose 3.92% to $2.91. The market value of their outstanding shares is at $18.5 million. </li>
<li><strong>Nauticus Robotics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) stock increased by 3.85% to $0.55. The market value of their outstanding shares is at $27.6 million. </li>
<li><strong>Tritium DCFC</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCFC#NASDAQ">DCFC</a>) shares rose 3.35% to $0.18. The market value of their outstanding shares is at $29.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Surf Air Mobility</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRFM#NYSE">SRFM</a>) stock decreased by 4.5% to $1.29 during Thursday's after-market session. The market value of their outstanding shares is at $94.9 million. </li>
<li><strong>Bitcoin Depot</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTM#NASDAQ">BTM</a>) stock decreased by 3.41% to $2.55. The market value of their outstanding shares is at $33.7 million. </li>
<li><strong>Hydrofarm Holdings Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYFM#NASDAQ">HYFM</a>) shares declined by 3.34% to $0.86. The market value of their outstanding shares is at $39.3 million. </li>
<li><strong>Safe &amp; Green Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) shares declined by 2.68% to $0.46. The company's market cap stands at $7.5 million. </li>
<li><strong>Shimmick</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHIM#NASDAQ">SHIM</a>) shares declined by 2.17% to $6.33. The market value of their outstanding shares is at $161.3 million. </li>
<li><strong>Tecnoglass</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) shares decreased by 1.8% to $42.79. The market value of their outstanding shares is at $2.0 billion.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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<p>Stifel  analyst Stanley Elliott   maintains Tecnoglass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) with a Buy and raises the price target from $46 to $48.</p>


Stifel Maintains Buy on Tecnoglass, Raises Price Target to $48

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Shares of several companies in the broader industrial space are trading higher amid overall market strength following softer-than-expected October inflation data, which could put less pressure on the Fed to raise rates further.

<p>Raymond James  analyst Sam Darkatsh   maintains Tecnoglass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) with a Strong Buy and lowers the price target from $52 to $45.</p>


Raymond James Maintains Strong Buy on Tecnoglass, Lowers Price Target to $45

<p>Stifel has decided to maintain its Buy rating of Tecnoglass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGLS#NYSE">TGLS</a>) and lower its price target from $57.00 to $46.00.</p>
<p>Shares of Tecnoglass are trading down 0.43% over the last 24 hours, at $30.00 per share.</p>
<p>A move to $46.00 would account for a 53.33% increase from the current share price.</p>
<h3>About Tecnoglass</h3>
<p>Tecnoglass Inc designs, manufactures, distributes, and markets architectural glass and windows. The company's products portfolio includes tempered, laminated, insulating and Solar Control Low-E glass. Its products are installed at hotels, residential buildings, commercial and corporate centers, airports and hospitals as floating facades, curtain walls, windows, doors, handrails, interior and dividers. Its majority of revenue is derived from the sale and installation of architectural glass and windows in the United States.</p>
<h3>About Analyst Ratings</h3>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Stifel Maintains Buy Rating for Tecnoglass: Here's What You Need To Know