Analysts' ratings for Tecnoglass TGLS over the last quarter vary from bullish to bearish, as provided by 5 analysts.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 2 | 1 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 1 | 1 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $67.2, along with a high estimate of $76.00 and a low estimate of $59.00. This current average reflects an increase of 12.94% from the previous average price target of $59.50.
Exploring Analyst Ratings: An In-Depth Overview
The perception of Tecnoglass by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Timothy Wojs | Baird | Raises | Outperform | $76.00 | $68.00 |
Brent Thielman | DA Davidson | Raises | Buy | $65.00 | $60.00 |
Stanley Elliott | Stifel | Raises | Hold | $59.00 | $50.00 |
Timothy Wojs | Baird | Raises | Outperform | $68.00 | $60.00 |
Julio Romero | Sidoti & Co. | Announces | Buy | $68.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Tecnoglass. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Tecnoglass compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Tecnoglass's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Tecnoglass's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Tecnoglass analyst ratings.
All You Need to Know About 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.
Financial Insights: Tecnoglass
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Challenges: Tecnoglass's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -2.5%. 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.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 15.95%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Tecnoglass's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 6.1%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Tecnoglass's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.64%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.25, Tecnoglass adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
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.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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