B. Riley Begins Coverage on Tecnoglass (NASDAQ:TGLS)

B. Riley initiated coverage on shares of Tecnoglass (NASDAQ:TGLS) in a research report issued to clients and investors on Friday. The firm set a “buy” rating and a $100.00 price target on the stock. B. Riley’s price target suggests a potential upside of 16.09% from the stock’s previous close. B. Riley also issued estimates for Tecnoglass’ Q3 2025 earnings at $1.12 EPS, Q4 2025 earnings at $1.16 EPS and FY2026 earnings at $4.81 EPS.

Tecnoglass Trading Up 2.1%

Shares of TGLS opened at $86.14 on Friday. The company’s fifty day moving average is $72.11 and its 200 day moving average is $75.23. Tecnoglass has a fifty-two week low of $40.94 and a fifty-two week high of $89.36. The stock has a market capitalization of $4.05 billion, a PE ratio of 26.92 and a beta of 1.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.63 and a current ratio of 2.21.

Tecnoglass (NASDAQ:TGLS) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.10. Tecnoglass had a net margin of 17.82% and a return on equity of 27.71%. During the same period in the previous year, the firm earned $0.66 EPS. Tecnoglass’s revenue for the quarter was up 15.4% on a year-over-year basis. Sell-side analysts expect that Tecnoglass will post 3.53 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TGLS. FMR LLC increased its position in Tecnoglass by 49.2% during the fourth quarter. FMR LLC now owns 5,412,322 shares of the company’s stock valued at $429,305,000 after acquiring an additional 1,785,602 shares during the last quarter. Capital World Investors bought a new position in shares of Tecnoglass in the fourth quarter worth about $23,530,000. Wellington Management Group LLP grew its holdings in shares of Tecnoglass by 15.6% in the first quarter. Wellington Management Group LLP now owns 1,883,864 shares of the company’s stock worth $134,790,000 after purchasing an additional 254,686 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Tecnoglass in the fourth quarter worth about $19,638,000. Finally, Invesco Ltd. grew its holdings in shares of Tecnoglass by 486.8% in the fourth quarter. Invesco Ltd. now owns 147,070 shares of the company’s stock worth $11,666,000 after purchasing an additional 122,006 shares during the last quarter. Institutional investors own 37.35% of the company’s stock.

Tecnoglass Company Profile

Tecnoglass Inc manufactures, supplies, and installs architectural glass, windows, and associated aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally. The company provides low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products.