Tecnoglass (TGLS) Stock Forecast, Price Target & Predictions
TGLS Stock Forecast
Tecnoglass stock forecast is as follows: an average price target of $68.33 (represents a -7.45% downside from TGLS’s last price of $73.83) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
TGLS Price Target
The average price target for Tecnoglass (TGLS) is $68.33 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $76.00 to $60.00. This represents a potential -7.45% downside from TGLS's last price of $73.83.
TGLS Analyst Ratings
According to 5 Wall Street analysts, Tecnoglass's rating consensus is 'Buy'. The analyst rating breakdown for TGLS stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Tecnoglass Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 23, 2024 | Alex Rygiel | B.Riley Financial | $69.00 | $68.65 | 0.51% | -6.54% |
| Sep 17, 2024 | Timothy Wojs | Robert W. Baird | $76.00 | $66.78 | 13.81% | 2.94% |
| Aug 09, 2024 | Timothy Wojs | Robert W. Baird | $68.00 | $54.01 | 25.90% | -7.90% |
| May 13, 2024 | Brent Thielman | D.A. Davidson | $60.00 | $53.98 | 11.16% | -18.73% |
The latest Tecnoglass stock forecast, released on Sep 23, 2024 by Alex Rygiel from B.Riley Financial, set a price target of $69.00, which represents a 0.51% increase from the stock price at the time of the forecast ($68.65), and a -6.54% decrease from TGLS last price ($73.83).
Tecnoglass Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $72.50 | $68.25 |
| Last Closing Price | $73.83 | $73.83 | $73.83 |
| Upside/Downside | -100.00% | -1.80% | -7.56% |
In the current month, the average price target of Tecnoglass stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Tecnoglass's last price of $73.83. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2024 | Raymond James | - | Market Perform | Downgrade |
| Oct 10, 2024 | B. Riley | Neutral | Neutral | Hold |
| Sep 23, 2024 | B. Riley | Buy | Neutral | Downgrade |
| May 07, 2024 | D.A. Davidson | Buy | Buy | Hold |
| Apr 09, 2024 | D.A. Davidson | Buy | Buy | Hold |
| Apr 09, 2024 | B. Riley | Buy | Buy | Hold |
| Mar 05, 2024 | Stifel Nicolaus | Buy | Buy | Hold |
| Feb 06, 2023 | B. Riley Securities | Buy | Buy | Hold |
Tecnoglass's last stock rating was published by Raymond James on Oct 22, 2024. The company Downgrade its TGLS rating from "null" to "Market Perform".
Tecnoglass Financial Forecast
Tecnoglass Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $194.60M | $210.74M | - | $202.64M | $211.12M | $201.78M | $169.12M | $134.55M | $133.78M | $130.41M | $121.71M | $110.88M | $102.37M | $103.31M | $81.94M | $87.30M | $101.39M | $108.47M |
| Avg Forecast | $270.60M | $278.00M | $282.40M | $248.00M | $253.33M | $259.83M | $248.30M | $217.73M | $238.44M | $240.19M | $219.29M | $191.04M | $200.65M | $206.25M | $209.22M | $189.66M | $204.59M | $169.75M | $149.08M | $133.47M | $129.02M | $117.51M | $107.03M | $98.39M | $100.34M | $96.66M | $91.44M | $105.08M | $104.05M | $102.99M |
| High Forecast | $276.86M | $284.44M | $288.94M | $253.74M | $259.20M | $265.85M | $254.05M | $222.77M | $242.29M | $241.03M | $219.29M | $195.46M | $203.73M | $206.25M | $214.06M | $194.05M | $209.33M | $169.75M | $149.08M | $133.47M | $129.02M | $117.51M | $107.03M | $98.39M | $100.34M | $96.66M | $91.44M | $105.08M | $104.05M | $102.99M |
| Low Forecast | $262.74M | $269.93M | $274.20M | $240.80M | $245.98M | $252.29M | $241.09M | $211.41M | $234.58M | $239.34M | $219.29M | $185.49M | $195.48M | $206.25M | $203.14M | $184.16M | $198.65M | $169.75M | $149.08M | $133.47M | $129.02M | $117.51M | $107.03M | $98.39M | $100.34M | $96.66M | $91.44M | $105.08M | $104.05M | $102.99M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.02% | - | 1.07% | 1.03% | 1.19% | 1.13% | 1.01% | 1.04% | 1.11% | 1.14% | 1.13% | 1.02% | 1.07% | 0.90% | 0.83% | 0.97% | 1.05% |
Tecnoglass's average Quarter revenue forecast for Mar 24 based on 2 analysts is $191.04M, with a low forecast of $185.49M, and a high forecast of $195.46M. TGLS's average Quarter revenue forecast represents a -1.83% decrease compared to the company's last Quarter revenue of $194.60M (Dec 23).
Tecnoglass EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $50.57M | $61.01M | - | $81.18M | $86.12M | $77.21M | $52.53M | $41.14M | $39.92M | $36.68M | $34.16M | $31.93M | $23.53M | $25.98M | $20.03M | $18.55M | $17.12M | $21.93M |
| Avg Forecast | $76.60M | $78.70M | $79.95M | $70.21M | $71.72M | $73.56M | $70.29M | $61.64M | $67.50M | $68.00M | $62.08M | $54.08M | $56.80M | $58.39M | $59.23M | $53.69M | $57.92M | $48.05M | $42.20M | $33.35M | $36.52M | $33.26M | $30.30M | $9.29M | $28.41M | $27.36M | $25.89M | $-18.02M | $29.46M | $29.16M |
| High Forecast | $78.38M | $80.52M | $81.80M | $71.83M | $73.38M | $75.26M | $71.92M | $63.07M | $68.59M | $68.23M | $62.08M | $55.33M | $57.67M | $58.39M | $60.60M | $54.94M | $59.26M | $48.05M | $42.20M | $40.02M | $36.52M | $33.26M | $30.30M | $11.15M | $28.41M | $27.36M | $25.89M | $-14.42M | $29.46M | $29.16M |
| Low Forecast | $74.38M | $76.41M | $77.62M | $68.17M | $69.63M | $71.42M | $68.25M | $59.85M | $66.41M | $67.76M | $62.08M | $52.51M | $55.34M | $58.39M | $57.51M | $52.13M | $56.24M | $48.05M | $42.20M | $26.68M | $36.52M | $33.26M | $30.30M | $7.44M | $28.41M | $27.36M | $25.89M | $-21.62M | $29.46M | $29.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 1.04% | - | 1.51% | 1.49% | 1.61% | 1.24% | 1.23% | 1.09% | 1.10% | 1.13% | 3.44% | 0.83% | 0.95% | 0.77% | -1.03% | 0.58% | 0.75% |
2 analysts predict TGLS's average Quarter EBITDA for Mar 24 to be $54.08M, with a high of $55.33M and a low of $52.51M. This is 6.95% upper than Tecnoglass's previous annual EBITDA (Dec 23) of $50.57M.
Tecnoglass Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $36.48M | $46.09M | - | $48.23M | $54.97M | $46.73M | $33.19M | $20.85M | $19.96M | $20.92M | $19.23M | $8.17M | $18.46M | $8.32M | $16.20M | $-18.67M | $10.89M | $-1.32M |
| Avg Forecast | $59.69M | $65.80M | $60.63M | $47.70M | $54.52M | $58.28M | $52.01M | $41.04M | $47.84M | $47.00M | $38.88M | $31.02M | $35.36M | $45.67M | $50.38M | $42.11M | $47.28M | $33.37M | $26.98M | $18.28M | $19.19M | $16.26M | $14.80M | $3.67M | $9.49M | $7.80M | $6.20M | $-24.13M | $8.54M | $9.56M |
| High Forecast | $61.48M | $67.78M | $62.45M | $49.14M | $56.16M | $60.03M | $53.57M | $42.28M | $49.68M | $47.16M | $38.88M | $31.96M | $36.31M | $45.67M | $51.90M | $43.38M | $48.70M | $33.37M | $26.98M | $21.93M | $19.19M | $16.26M | $14.80M | $4.41M | $9.49M | $7.80M | $6.20M | $-19.30M | $8.54M | $9.56M |
| Low Forecast | $57.43M | $63.31M | $58.34M | $45.90M | $52.46M | $56.08M | $50.05M | $39.49M | $46.00M | $46.83M | $38.87M | $30.08M | $33.01M | $45.66M | $48.48M | $40.52M | $45.49M | $33.37M | $26.98M | $14.62M | $19.19M | $16.26M | $14.80M | $2.94M | $9.49M | $7.80M | $6.20M | $-28.95M | $8.54M | $9.56M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.01% | - | 1.15% | 1.16% | 1.40% | 1.23% | 1.14% | 1.04% | 1.29% | 1.30% | 2.22% | 1.94% | 1.07% | 2.61% | 0.77% | 1.28% | -0.14% |
Tecnoglass's average Quarter net income forecast for Mar 24 is $31.02M, with a range of $30.08M to $31.96M. TGLS's average Quarter net income forecast represents a -14.97% decrease compared to the company's last Quarter net income of $36.48M (Dec 23).
Tecnoglass SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.35M | $-1.93M | - | $34.08M | $33.41M | $35.16M | $28.14M | $26.37M | $17.58M | $21.49M | $20.23M | $19.75M | $13.52M | $19.91M | $16.57M | $17.28M | $11.93M | $20.19M |
| Avg Forecast | $46.76M | $48.04M | $48.80M | $42.86M | $43.78M | $44.90M | $42.91M | $37.63M | $41.20M | $41.51M | $37.89M | $33.01M | $34.67M | $35.64M | $36.15M | $32.78M | $35.36M | $29.33M | $25.76M | $-321.89K | $22.30M | $20.31M | $18.50M | $8.89M | $17.34M | $16.70M | $15.80M | $22.21M | $17.98M | $17.80M |
| High Forecast | $47.84M | $49.15M | $49.93M | $43.85M | $44.79M | $45.94M | $43.90M | $38.50M | $41.87M | $41.65M | $37.89M | $33.78M | $35.21M | $35.64M | $36.99M | $33.53M | $36.17M | $29.33M | $25.76M | $-257.51K | $22.30M | $20.31M | $18.50M | $10.66M | $17.34M | $16.70M | $15.80M | $26.66M | $17.98M | $17.80M |
| Low Forecast | $45.40M | $46.65M | $47.38M | $41.61M | $42.51M | $43.60M | $41.66M | $36.53M | $40.54M | $41.36M | $37.89M | $32.05M | $33.78M | $35.64M | $35.11M | $31.82M | $34.33M | $29.33M | $25.76M | $-386.27K | $22.30M | $20.31M | $18.50M | $7.11M | $17.34M | $16.70M | $15.80M | $17.77M | $17.98M | $17.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.04% | -0.05% | - | 1.04% | 0.94% | 1.20% | 1.09% | -81.91% | 0.79% | 1.06% | 1.09% | 2.22% | 0.78% | 1.19% | 1.05% | 0.78% | 0.66% | 1.13% |
Tecnoglass's average Quarter SG&A projection for Mar 24 is $33.01M, based on 2 Wall Street analysts, with a range of $32.05M to $33.78M. The forecast indicates a 2340.01% rise compared to TGLS last annual SG&A of $1.35M (Dec 23).
Tecnoglass EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.01 | $1.16 | $0.98 | $0.70 | $0.44 | $0.42 | $0.44 | $0.40 | $0.17 | $0.40 | $0.18 | $0.35 | $-0.40 | $0.23 | $-0.03 |
| Avg Forecast | $1.27 | $1.40 | $1.29 | $1.01 | $1.16 | $1.24 | $1.11 | $0.87 | $1.02 | $1.00 | $0.83 | $0.66 | $0.75 | $0.97 | $1.07 | $0.90 | $1.01 | $0.71 | $0.57 | $0.46 | $0.41 | $0.35 | $0.32 | $0.22 | $0.20 | $0.17 | $0.13 | $0.14 | $0.18 | $0.20 |
| High Forecast | $1.31 | $1.44 | $1.33 | $1.05 | $1.19 | $1.28 | $1.14 | $0.90 | $1.06 | $1.00 | $0.83 | $0.68 | $0.77 | $0.97 | $1.10 | $0.92 | $1.04 | $0.71 | $0.57 | $0.46 | $0.41 | $0.35 | $0.32 | $0.22 | $0.20 | $0.17 | $0.13 | $0.14 | $0.18 | $0.20 |
| Low Forecast | $1.22 | $1.35 | $1.24 | $0.98 | $1.12 | $1.19 | $1.06 | $0.84 | $0.98 | $1.00 | $0.83 | $0.64 | $0.70 | $0.97 | $1.03 | $0.86 | $0.97 | $0.71 | $0.57 | $0.46 | $0.41 | $0.35 | $0.32 | $0.22 | $0.20 | $0.17 | $0.13 | $0.14 | $0.18 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.00% | - | 1.13% | 1.15% | 1.38% | 1.22% | 0.95% | 1.03% | 1.27% | 1.27% | 0.78% | 1.98% | 1.08% | 2.65% | -2.94% | 1.27% | -0.14% |
According to 2 Wall Street analysts, Tecnoglass's projected average Quarter EPS for Mar 24 is $0.66, with a low estimate of $0.64 and a high estimate of $0.68. This represents a 82400.00% increase compared to TGLS previous annual EPS of - (Dec 23).