Analysts See $0.10 EPS for Tecnoglass Inc. (TGLS)

July 13, 2018 - By Elizabeth Jones

Tecnoglass Inc. (NASDAQ:TGLS) LogoInvestors sentiment increased to 2.33 in Q1 2018. Its up 1.45, from 0.88 in 2017Q4. It increased, as 2 investors sold Tecnoglass Inc. shares while 4 reduced holdings. 6 funds opened positions while 8 raised stakes. 1.48 million shares or 29.91% more from 1.14 million shares in 2017Q4 were reported.
Northern Trust Corp invested 0% of its portfolio in Tecnoglass Inc. (NASDAQ:TGLS). The North Carolina-based Bancshares Of America Corp De has invested 0% in Tecnoglass Inc. (NASDAQ:TGLS). Kennedy Cap Mngmt Inc has invested 0.05% of its portfolio in Tecnoglass Inc. (NASDAQ:TGLS). Tower Research Limited Liability Com (Trc) reported 100 shares. Perritt Capital Management invested in 0.3% or 118,542 shares. Morgan Stanley accumulated 0% or 672 shares. Blackrock Incorporated has invested 0% in Tecnoglass Inc. (NASDAQ:TGLS). Covey Cap Advisors Ltd Llc owns 0.14% invested in Tecnoglass Inc. (NASDAQ:TGLS) for 10,625 shares. Acadian Asset Mgmt Ltd Limited Liability Company invested in 0% or 7,665 shares. Malaga Cove Cap Limited holds 0.48% or 95,027 shares in its portfolio. Royal Retail Bank Of Canada reported 1 shares stake. Moreover, Renaissance Tech Lc has 0% invested in Tecnoglass Inc. (NASDAQ:TGLS) for 50,376 shares. Rutabaga Cap Mngmt Ltd Liability Corp Ma stated it has 1.29% of its portfolio in Tecnoglass Inc. (NASDAQ:TGLS). Citigroup Incorporated reported 0% of its portfolio in Tecnoglass Inc. (NASDAQ:TGLS). Vanguard Group Inc Inc holds 0% of its portfolio in Tecnoglass Inc. (NASDAQ:TGLS) for 121,974 shares.

Analysts expect Tecnoglass Inc. (NASDAQ:TGLS) to report $0.10 EPS on August, 8 before the open.They anticipate $0.02 EPS change or 25.00 % from last quarter’s $0.08 EPS. TGLS’s profit would be $3.53M giving it 22.50 P/E if the $0.10 EPS is correct. After having $0.14 EPS previously, Tecnoglass Inc.’s analysts see -28.57 % EPS growth. The stock decreased 0.22% or $0.02 during the last trading session, reaching $9. About 2,456 shares traded. Tecnoglass Inc. (NASDAQ:TGLS) has declined 7.92% since July 14, 2017 and is downtrending. It has underperformed by 20.49% the S&P500.

Tecnoglass Inc. (NASDAQ:TGLS) Ratings Coverage

Among 2 analysts covering Tecnoglass (NASDAQ:TGLS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Tecnoglass had 3 analyst reports since March 6, 2018 according to SRatingsIntel. FBR Capital initiated it with “Buy” rating and $11.0 target in Monday, March 5 report. The firm has “Buy” rating given on Wednesday, March 14 by FBR Capital.

Tecnoglass Inc., through its subsidiaries, makes and sells architectural glass and windows for residential and commercial construction industries in North, Central, and South America. The company has market cap of $318.06 million. The firm offers soft coat, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass. It has a 20.74 P/E ratio. It also produces, exports, imports, and markets aluminum products, including profiles, rods, bars, plates, tubes, and other hardware used in the manufacture of architectural glass settings, such as windows, doors, spatial separators, and similar products.

More news for Tecnoglass Inc. (NASDAQ:TGLS) were recently published by: Globenewswire.com, which released: “Tecnoglass Sets Date for Second Quarter 2018 Earnings Release and Conference Call” on June 28, 2018. Globenewswire.com‘s article titled: “TECNOGLASS ANNOUNCES TIMING OF REGULAR QUARTERLY DIVIDEND FOR SECOND QUARTER 2018” and published on June 19, 2018 is yet another important article.

Tecnoglass Inc. (NASDAQ:TGLS) Ratings Chart

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