How to Buy Tecnoglass Stock
Tecnoglass Inc
Tecnoglass, Inc. is a holding company, which engages in the manufacture, supply, and installation of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries.
Tecnoglass stock last closed at $56.54, down 1.07% from the previous day, and has increased 27.06% in one year. It has underperformed other stocks in the Building Materials industry by 0.34 percentage points. Tecnoglass stock is currently +100.43% from its 52-week low of $28.21, and -5.39% from its 52-week high of $59.76.
There are currently 47M shares of TGLS outstanding. The market cap of TGLS is $2.66B. In the last 24 hours, 270,763 TGLS shares were traded.
How to Buy Tecnoglass Stock
Wondering how to invest in Tecnoglass stock? Here's how.
- Decide where to buy Tecnoglass stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Tecnoglass stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your method of payment and add your info.
- Evaluate Tecnoglass stock: The Tecnoglass ticker symbol is TGLS. Is Tecnoglass stock a good investment? Should you buy shares of TGLS? How do TGLS's underlying business fundamentals look? Do top analysts think Tecnoglass is a good buy? Why has TGLS's stock price moved recently? (Hint: Our stock research tools can help you decide if TGLS is a good stock to buy).
- Make your TGLS trade: Decide if you will purchase TGLS shares at the current market price or use a limit order to buy TGLS stock at a specific price.
- Monitor your investment in TGLS: Create a watchlist to track your new investment in Tecnoglass shares.
Step 1: Decide where to buy Tecnoglass stock
You will need a brokerage account in order to access the NYSE market and buy TGLS shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you are able to buy TGLS stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on apps for stock market, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help transferring money into your brokerage account.
Step 4: Evaluate Tecnoglass stock
Once you have selected the best place to buy Tecnoglass stock, it's critical to evaluate their stock before you invest, so you truly comprehend the risk and upside.
Tecnoglass shares data
TGLS Due Diligence Checks
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on TGLS's stock page.
Is TGLS stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge TGLS's fair value.
Using relative valuations ratios:
- TGLS could be undervalued based on its P/E ratio of 14.69x, relative to Building Materials industry P/E ratio of 26.56x
- TGLS could be overvalued based on its P/B ratio of 4.85x, relative to Building Materials industry P/B ratio of 3.13x
You can access more valuation analysis on TGLS's stock here.
TGLS Financial Health Summary
Signs that TGLS is financially healthy:
- TGLS's operating cash flow of $138.83M allows it to safely service it's debt of $170.01M.
- There are more short-term assets than short-term liabilities on the TGLS balance sheet.
- TGLS earnings of $269.96M is not sufficient to cover its interest payments.
- Total TGLS debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the TGLS balance sheet.
- TGLS profit margin has gone up from 21.7% to 21.9% in the past year.
Signs that TGLS is not financially healthy:
- TGLS has a relatively high debt to equity ratio of 0.76.
Is Tecnoglass stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 sell side analysts who give ratings on TGLS, the consensus analyst rating on TGLS is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Tecnoglass stock forecast page.
TGLS Momentum
TGLS Performance Numbers
Last year, TGLS earnings were $182.88M. During the past 5 year, TGLS's earnings have grown by 77.26% per year. This was faster than the Building Materials industry average of 14.59%.
Last year, TGLS revenue was $833.27M. During the last five year, TGLS's revenue has grown by 17.57% per year. This was faster than the Building Materials industry average of 9.53%.
Dive into TGLS's earnings and revenue performance here.
Are TGLS executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at TGLS have sold more shares than they have bought.
Santiago Giraldo, Chief Financial Officer of TGLS, was the latest TGLS insider to buy. They bought $25,036.61 worth of TGLS stock on Mar 8, 2024.
Get more info about who owns TGLS shares here.
Does TGLS stock generate passive income?
Tecnoglass pays a dividend of 0.67%, compared to the Building Materials industry's average dividend yield of 3.28%. If you owned $1,000 of TGLS stock, you would have received $6.72 in the past 12 months.
Tecnoglass dividend payments have not consistently grown over the past 8 years and have not remained stable.
Dig into more data about Tecnoglass dividend yield and history here.
TGLS Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your TGLS trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Press the Open button and eToro will place the order.
If you need more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your investment in TGLS
Now that you own some shares in TGLS, you'll want to keep up with your new stock purchase.
Make a watchlist to track your TGLS stock.
TGLS Feed
How to Buy Stock in Tecnoglass
To reiterate, here are the 6 steps you need to take to buy Tecnoglass stock right now:
- Decide where to buy Tecnoglass stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Tecnoglass stock
- Make your TGLS trade
- Monitor your investment in TGLS
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Tecnoglass, create your watchlist below.
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