Tecnoglass (TGLS)

• Market cap: $3.58B
• 1 day: 0.57%
• 5 days: -2.74%
• 1 month: -2.11%
• 3 months: 8.44%
• 6 months: 51.41%
• Year to date: -3.42%
• 1 year: 62.69%
• 5 years: 880.57%
• 10 years: 652.12%
• Sector: Materials
• Industry: Flat Glass

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]

74% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 23

33% more capital invested

Capital invested by funds: $1.11B [Q2] → $1.47B (+$362M) [Q3]

11% more funds holding

Funds holding: 148 [Q2] → 164 (+16) [Q3]

7% more call options, than puts

Call options by funds: $12.8M | Put options by funds: $12M

0% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 52

1.47% less ownership

Funds ownership: 47.12% [Q2] → 45.65% (-1.47%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $88 16% upside
• Avg. target: $89 17% upside
• High target: $90 18% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

DA Davidson Brent Thielman 76% 1-year accuracy 34 / 45 met price target	18% upside $90	Buy Maintained	12 Nov 2024
Baird Timothy Wojs 44% 1-year accuracy 20 / 45 met price target	16% upside $88	Outperform Maintained	8 Nov 2024