Tecnoglass Stock Sees Q4 Earnings Forecast Lowered at Sidoti

Tecnoglass Inc. (NYSE:TGLS) – Equities research analysts at Sidoti decreased their Q4 2026 earnings per share (EPS) estimates for Tecnoglass in a note issued to investors on Tuesday, November 10th. Sidoti analyst J. Romero now anticipates that the company will post earnings of $0.56 per share for the quarter, down from their previous forecast of $0.65. The consensus estimate for Tecnoglass’ current full-year earnings is $2.54 per share. Sidoti also issued estimates for Tecnoglass’ Q1 2027 earnings at $0.54 EPS, Q2 2027 earnings at $0.82 EPS, Q3 2027 earnings at $0.97 EPS, Q4 2027 earnings at $0.95 EPS, FY2027 earnings at $3.28 EPS, Q1 2028 earnings at $0.67 EPS and Q2 2028 earnings at $0.99 EPS.

Several other equities research analysts have also commented on the stock. Zacks Research raised shares of Tecnoglass from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 20th. Weiss Ratings raised shares of Tecnoglass from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 2nd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Tecnoglass presently has an average rating of “Moderate Buy” and a consensus target price of $63.33.

Tecnoglass Trading Up 4.1%

Shares of NYSE:TGLS opened at $47.30 on Thursday. The stock has a market capitalization of $2.10 billion and a price-to-earnings ratio of 20.22. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.17 and a current ratio of 1.90. The stock’s 50-day simple moving average is $38.35 and its two-hundred day simple moving average is $42.95. Tecnoglass has a 52-week low of $34.05 and a 52-week high of $54.85.

Tecnoglass (NYSE:TGLS) last posted its earnings results on Thursday, November 5th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. Tecnoglass had a return on equity of 14.99% and a net margin of 9.57%. The company had revenue of $310.57 million for the quarter. During the same period in the prior year, the company posted $1.00 EPS. The firm’s revenue was up 19.2% compared to the same quarter last year.

Tecnoglass Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Wednesday, September 30th. Tecnoglass’s dividend payout ratio is 25.64%.

Hedge Funds Weigh In On Tecnoglass

A number of institutional investors have recently bought and sold shares of TGLS. Parallel Advisors LLC lifted its position in Tecnoglass by 444.0% during the first quarter. Parallel Advisors LLC now owns 952 shares of the company’s stock valued at $42,000 after purchasing an additional 777 shares in the last quarter. State of Wyoming increased its position in Tecnoglass by 53.1% in the first quarter. State of Wyoming now owns 1,415 shares of the company’s stock worth $63,000 after buying an additional 491 shares in the last quarter. Entropy Technologies LP purchased a new stake in Tecnoglass in the first quarter worth about $242,000. AXQ Capital LP bought a new position in shares of Tecnoglass in the second quarter worth about $301,000. Finally, Sanctuary Advisors LLC raised its stake in shares of Tecnoglass by 59.3% in the first quarter. Sanctuary Advisors LLC now owns 6,903 shares of the company’s stock worth $308,000 after buying an additional 2,570 shares during the period. 37.35% of the stock is owned by institutional investors.

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.