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 $80.75, up 3.93% from the previous day, and has increased 92.72% in one year. It has overperformed other stocks in the Building Materials industry by 0.69 percentage points. Tecnoglass stock is currently +97.24% from its 52-week low of $40.94, and -6.19% from its 52-week high of $86.08.
There are currently 47M shares of TGLS outstanding. The market cap of TGLS is $3.79B. In the last 24 hours, 270,531 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 25.31x, relative to Building Materials industry P/E ratio of 25.33x
- TGLS could be overvalued based on its P/B ratio of 6.19x, relative to Building Materials industry P/B ratio of 3.02x
- TGLS could be overvalued based on its PEG ratio of 1.42x
You can do additional valuation analysis on TGLS's stock here.
TGLS Financial Summary
Signs that TGLS is financially healthy:
- Total TGLS debt is lower than 5 years ago, relative to shareholder equity.
- TGLS's operating cash flow of $153.75M allows it to safely service it's debt of $124.66M.
- There are more short-term assets than long-term liabilities on the TGLS balance sheet.
- There are more short-term assets than short-term liabilities on the TGLS balance sheet.
- TGLS earnings of $216.98M is not sufficient to cover its interest payments.
Signs that TGLS is not financially healthy:
- TGLS profit margin has gone down from 23.7% to 17.8% in the past year.
- TGLS has a relatively high debt to equity ratio of 0.62.
Do analysts think it's a good time to buy Tecnoglass stock
Out of 4 sell side analysts who monitor TGLS, the consensus analyst rating on Tecnoglass is a Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Tecnoglass stock forecast page.
TGLS Momentum
TGLS Performance Metrics
Last year, TGLS earnings were $150.63M. In the past 5 year, TGLS's earnings have increased by 72.31% per year. This was faster than the Building Materials industry average of 16.91%.
Last year, TGLS revenue was $845.21M. During the last 5 year, TGLS's revenue has gone up by 14.61% per year. This was faster than the Building Materials industry average of 5.59%.
Find out more about TGLS's earnings and revenue performance here.
What are TGLS insiders up to?
Over the past year, insiders at TGLS have sold more shares than they have bought.
Energy Holding Corp, 10% Owner of TGLS, was the latest TGLS insider to sell. They sold $104,573,402.40 worth of TGLS stock on Nov 12, 2024.
Get more info about who owns TGLS stock here.
Can I rely on TGLS as an income stream?
Tecnoglass pays a dividend of 0.59%, compared to the Building Materials industry's average dividend yield of 2.15%. If you owned $1,000 of TGLS stock, you would have been paid $5.94 in the past 12 months.
Tecnoglass dividend payments have consistently grown over the past 9 years but have not remained stable.
Find more data about Tecnoglass dividend yield and history here.
What others are saying about TGLS
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your TGLS trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, place a limit order.
Press the Open button and eToro will place your order.
If you require more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your investment in TGLS
Now that you own some TGLS shares, you'll want to stay up-to-date on 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 to buy Tecnoglass stock:
- 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 need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Tecnoglass, create a watchlist on WallStreetZen today.
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