DA Davidson Issues Positive Outlook for Tecnoglass Earnings

Tecnoglass Inc. (NASDAQ:TGLS) – Stock analysts at DA Davidson lifted their FY2026 earnings estimates for Tecnoglass in a research report issued on Friday, May 9th. DA Davidson analyst B. Thielman now forecasts that the company will post earnings per share of $4.59 for the year, up from their previous forecast of $4.58. The consensus estimate for Tecnoglass’ current full-year earnings is $3.53 per share.

Tecnoglass Stock Performance

Shares of TGLS opened at $81.64 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.21 and a quick ratio of 1.63. Tecnoglass has a one year low of $40.94 and a one year high of $86.99. The company has a 50-day simple moving average of $70.15 and a two-hundred day simple moving average of $74.70. The firm has a market capitalization of $3.84 billion, a PE ratio of 25.51 and a beta of 1.85.

Tecnoglass (NASDAQ:TGLS) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.82 by $0.10. Tecnoglass had a net margin of 17.82% and a return on equity of 27.71%. During the same period last year, the firm earned $0.66 earnings per share. The firm’s revenue for the quarter was up 15.4% on a year-over-year basis.

Institutional Trading of Tecnoglass

Several institutional investors and hedge funds have recently bought and sold shares of TGLS. Barclays PLC lifted its holdings in shares of Tecnoglass by 32.2% during the third quarter. Barclays PLC now owns 35,376 shares of the company’s stock valued at $2,429,000 after purchasing an additional 8,613 shares during the last quarter. Tidal Investments LLC purchased a new position in shares of Tecnoglass during the third quarter valued at approximately $585,000. JPMorgan Chase & Co. lifted its holdings in shares of Tecnoglass by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 19,237 shares of the company’s stock valued at $1,321,000 after purchasing an additional 1,146 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Tecnoglass during the fourth quarter valued at approximately $243,000. Finally, USA Financial Formulas purchased a new position in shares of Tecnoglass during the fourth quarter valued at approximately $26,000. 37.35% of the stock is currently owned by hedge funds and other institutional investors.

Tecnoglass Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.60 annualized dividend and a yield of 0.73%. Tecnoglass’s dividend payout ratio (DPR) is presently 17.49%.

Tecnoglass Company Profile

Tecnoglass Inc manufactures, supplies, and installs architectural glass, windows, and associated aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally. The company provides low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products.