Tecnoglass (TGLS) Getting Somewhat Favorable Press Coverage, Analysis Shows
Media stories about Tecnoglass (NASDAQ:TGLS) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tecnoglass earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.4758398524889 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Tecnoglass (TGLS) opened at 6.73 on Monday. The firm has a 50-day moving average price of $7.19 and a 200-day moving average price of $9.35. Tecnoglass has a 52-week low of $5.50 and a 52-week high of $12.70. The stock’s market cap is $227.67 million.
Tecnoglass (NASDAQ:TGLS) last released its earnings results on Friday, August 11th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.09). The firm had revenue of $80.98 million during the quarter, compared to analysts’ expectations of $84.63 million. Tecnoglass had a positive return on equity of 16.94% and a negative net margin of 2.45%. On average, analysts anticipate that Tecnoglass will post $0.41 EPS for the current fiscal year.
The firm also recently declared a dividend, which will be paid on Friday, October 27th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, September 28th. This is a positive change from Tecnoglass’s previous dividend of $0.13.
A number of analysts have recently issued reports on TGLS shares. BidaskClub upgraded shares of Tecnoglass from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Dougherty & Co cut Tecnoglass from a “buy” rating to a “neutral” rating in a report on Tuesday, August 15th.
Tecnoglass Company Profile
Tecnoglass Inc, through its subsidiaries, manufactures and sells architectural glass and windows for residential and commercial construction industries in North, Central, and South America. The company offers soft coat, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass.
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