Q3 Earnings Estimate for Tecnoglass Issued By Sidoti

Tecnoglass Inc. (NYSE:TGLS) – Equities research analysts at Sidoti issued their Q3 2028 EPS estimates for shares of Tecnoglass in a research report issued on Tuesday, November 10th. Sidoti analyst J. Romero anticipates that the company will post earnings of $1.15 per share for the quarter. The consensus estimate for Tecnoglass’ current full-year earnings is $2.54 per share. Sidoti also issued estimates for Tecnoglass’ FY2028 earnings at $3.88 EPS.

TGLS has been the subject of a number of other reports. Weiss Ratings raised Tecnoglass from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. Zacks Research raised Tecnoglass from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 20th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Tecnoglass has a consensus rating of “Moderate Buy” and a consensus target price of $63.33.

Tecnoglass Trading Down 2.9%

Shares of TGLS stock opened at $45.86 on Friday. Tecnoglass has a 12-month low of $34.05 and a 12-month high of $54.85. The company has a current ratio of 1.90, a quick ratio of 1.17 and a debt-to-equity ratio of 0.35. The stock’s 50-day moving average price is $38.49 and its 200-day moving average price is $42.92. The stock has a market capitalization of $2.03 billion and a price-to-earnings ratio of 19.60.

Tecnoglass (NYSE:TGLS) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. Tecnoglass had a net margin of 9.57% and a return on equity of 14.99%. The business had revenue of $310.57 million during the quarter. During the same period last year, the company earned $1.00 EPS. The firm’s revenue for the quarter was up 19.2% on a year-over-year basis.

Tecnoglass Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, September 30th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, September 30th. Tecnoglass’s dividend payout ratio (DPR) is presently 25.64%.

Institutional Trading of Tecnoglass

A number of large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its position in shares of Tecnoglass by 15.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,243,496 shares of the company’s stock valued at $55,395,000 after buying an additional 161,955 shares in the last quarter. Bank of America Corp DE grew its position in Tecnoglass by 9.1% in the first quarter. Bank of America Corp DE now owns 162,777 shares of the company’s stock worth $7,252,000 after acquiring an additional 13,516 shares in the last quarter. Bank of New York Mellon Corp grew its position in Tecnoglass by 5.6% in the first quarter. Bank of New York Mellon Corp now owns 73,522 shares of the company’s stock worth $3,275,000 after acquiring an additional 3,880 shares in the last quarter. Principal Financial Group Inc. increased its stake in Tecnoglass by 7.5% during the first quarter. Principal Financial Group Inc. now owns 48,784 shares of the company’s stock worth $2,173,000 after acquiring an additional 3,419 shares during the last quarter. Finally, Weiss Asset Management LP bought a new stake in Tecnoglass during the first quarter worth approximately $1,656,000. 37.35% of the stock is currently owned by institutional investors.

Top Tecnoglass Stories

Here are a few of the latest stories about TGLS:

• Positive Sentiment: Sidoti forecasts FY2028 EPS of $3.88 and Q3 2028 EPS of $1.15, suggesting potential longer-term earnings growth. Tecnoglass analyst estimates
• Neutral Sentiment: The analyst raised its Q1 2027 EPS forecast to $0.54 from $0.50, but left other 2027 and 2028 quarterly forecasts at varied levels. Tecnoglass analyst estimates
• Negative Sentiment: Sidoti cut its FY2027 EPS estimate to $3.28 from $3.40 and lowered estimates for Q4 2026 ($0.56 from $0.65), Q2 2027 ($0.82 from $0.91), Q3 2027 ($0.97 from $1.00) and Q4 2027 ($0.95 from $0.99). These revisions could weigh on sentiment around near-term earnings expectations. Tecnoglass analyst estimates

About Tecnoglass

Tecnoglass Inc. manufactures architectural glass, windows and aluminum products for residential and commercial construction. Its offerings include insulated and laminated glass, impact-resistant windows, curtain wall systems, storefronts and other building-envelope products. Founded in 1984, the company is based in Barranquilla, Colombia, where it operates manufacturing facilities. Tecnoglass serves customers in the United States, Colombia and other markets in the Americas, with the U.S. as a major market.