Tecnoglass Inc. (TGLS)
NYSE: TGLS · IEX Real-Time Price · USD
56.54
-0.61 (-1.07%)
Apr 18, 2024, 4:00 PM EDT - Market closed
Tecnoglass Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Tecnoglass stock have an average target of 54, with a low estimate of 45 and a high estimate of 65. The average target predicts a decrease of -4.49% from the current stock price of 56.54.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Tecnoglass stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 1 | 2 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 1 | 1 | 1 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 3 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $56 → $65 | Buy | Maintains | $56 → $65 | +14.96% | Apr 18, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $51 → $65 | Strong Buy | Maintains | $51 → $65 | +14.96% | Apr 9, 2024 |
| DA Davidson | DA Davidson | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | -11.57% | Mar 5, 2024 |
| DA Davidson | DA Davidson | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | -11.57% | Mar 4, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $48 → $45 | Strong Buy → Hold | Downgrades | $48 → $45 | -20.41% | Feb 14, 2024 |
Financial Forecast
Revenue This Year
927.16M
from 833.27M
Increased by 11.27%
Revenue Next Year
1.00B
from 927.16M
Increased by 8.29%
EPS This Year
3.85
from 3.85
Decreased by -0.13%
EPS Next Year
4.41
from 3.85
Increased by 14.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 976.5M | 1.1B | 995.4M |
| Avg | 927.2M | 1.0B | 967.0M |
| Low | 848.2M | 898.2M | 929.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.2% | 16.1% | -0.9% |
| Avg | 11.3% | 8.3% | -3.7% |
| Low | 1.8% | -3.1% | -7.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.22 | 4.92 | 4.81 |
| Avg | 3.85 | 4.41 | 4.67 |
| Low | 3.32 | 3.57 | 4.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.6% | 28.1% | 9.1% |
| Avg | -0.1% | 14.7% | 5.9% |
| Low | -13.8% | -7.1% | 1.8% |
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.