TecnoglassTGLS
About: Tecnoglass Inc designs, manufactures, distributes, and markets architectural glass and windows. The company's products portfolio includes tempered, laminated, insulating and Solar Control Low-E glass. Its products are installed at hotels, residential buildings, commercial and corporate centers, airports and hospitals as floating facades, curtain walls, windows, doors, handrails, interior and dividers. Its majority of revenue is derived from the sale and installation of architectural glass and windows in the United States.
Employees: 8,531
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
150% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 5 (+3) [Q3]
67% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 24
33% more capital invested
Capital invested by funds: $1.11B [Q2] → $1.47B (+$361M) [Q3]
11% more funds holding
Funds holding: 148 [Q2] → 164 (+16) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 52
1.48% less ownership
Funds ownership: 47.08% [Q2] → 45.61% (-1.48%) [Q3]
14% less call options, than puts
Call options by funds: $9.41M | Put options by funds: $10.9M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
DA Davidson Brent Thielman 74% 1-year accuracy 34 / 46 met price target | 10%upside $90 | Buy Maintained | 12 Nov 2024 |
Baird Timothy Wojs 43% 1-year accuracy 20 / 46 met price target | 7%upside $88 | Outperform Maintained | 8 Nov 2024 |
B. Riley Securities Alex Rygiel 49% 1-year accuracy 17 / 35 met price target | 12%downside $72 | Neutral Reiterated | 10 Oct 2024 |
Financial journalist opinion
Based on 7 articles about TGLS published over the past 30 days