Tecnoglass Inc. (TGLS)
NYSE: TGLS · IEX Real-Time Price · USD
50.17
-0.12 (-0.24%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Tecnoglass Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Tecnoglass stock have an average target of 54.67, with a low estimate of 45 and a high estimate of 68. The average target predicts an increase of 8.97% from the current stock price of 50.17.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Tecnoglass stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 1 | 2 | 3 | 3 | 4 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 1 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 3 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades $68 | Hold → Strong Buy | Upgrades | $68 | +35.54% | Jun 26, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $65 → $60 | Strong Buy | Reiterates | $65 → $60 | +19.59% | May 10, 2024 |
| Baird | Baird | Buy Maintains $64 → $60 | Buy | Maintains | $64 → $60 | +19.59% | May 10, 2024 |
| Baird | Baird | Buy Maintains $65 → $64 | Buy | Maintains | $65 → $64 | +27.57% | May 7, 2024 |
| Baird | Baird | Buy Maintains $56 → $65 | Buy | Maintains | $56 → $65 | +29.56% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
892.56M
from 833.27M
Increased by 7.12%
Revenue Next Year
967.67M
from 892.56M
Increased by 8.42%
EPS This Year
3.48
from 3.85
Decreased by -9.57%
EPS Next Year
4.03
from 3.48
Increased by 15.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 925.7M | 1.0B | 973.4M | 1.0B |
| Avg | 892.6M | 967.7M | 945.5M | 990.4M |
| Low | 841.2M | 882.0M | 908.5M | 951.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.1% | 15.1% | 0.6% | 7.9% |
| Avg | 7.1% | 8.4% | -2.3% | 4.7% |
| Low | 1.0% | -1.2% | -6.1% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.73 | 4.45 | 4.54 | 4.95 |
| Avg | 3.48 | 4.03 | 4.41 | 4.80 |
| Low | 3.17 | 3.64 | 4.23 | 4.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -3.2% | 27.9% | 12.6% | 12.2% |
| Avg | -9.6% | 15.8% | 9.3% | 9.0% |
| Low | -17.8% | 4.6% | 5.1% | 4.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.