Latest news with #Tecnoglass
Yahoo
3 days ago
- Business
- Yahoo
TGLS Q1 Earnings Call: Residential Momentum and U.S. Manufacturing Expansion Take Center Stage
Glass and windows manufacturer Tecnoglass (NYSE:TGLS) beat Wall Street's revenue expectations in Q1 CY2025, as sales rose 15.4% year on year to $222.3 million. Its non-GAAP EPS of $0.92 per share was 12.2% above analysts' consensus estimates. Is now the time to buy TGLS? Find out in our full research report (it's free). Revenue: $222.3 million (15.4% year-on-year growth) Adjusted EPS: $0.92 vs analyst estimates of $0.82 (12.2% beat) EBITDA guidance for the full year is $317.5 million at the midpoint, above analyst estimates of $310.9 million Market Capitalization: $4.15 billion Tecnoglass' first quarter results were driven by strong double-digit growth across both residential and multifamily commercial segments, with management highlighting robust demand for its window products and expanded market share in the U.S. CEO Jose Manuel Daes attributed the performance to ongoing geographic expansion, particularly in Florida and the Southeast, as well as increased traction for new vinyl product lines. The company's vertically integrated model and operational efficiencies contributed to improved profitability and gross margin expansion. COO Christian Daes pointed to the success of the company's dealership network and shorter lead times, stating that these factors enabled Tecnoglass to outperform broader market trends. CFO Santiago Giraldo emphasized a favorable product mix and stable raw material costs as key contributors to the margin gains. Looking ahead, Tecnoglass' updated guidance is underpinned by its expanding U.S. manufacturing footprint and strategic actions to mitigate the impact of new tariffs. Management noted that the acquisition of Continental Glass Systems will diversify production and enhance the company's ability to serve high-end residential and commercial projects. CFO Santiago Giraldo explained, "We have already taken decisive measures to mitigate the impact of tariffs, which will be in full effect starting in May and June, and do not expect a material impact on operating profit for the year." CEO Jose Manuel Daes highlighted strong order momentum and a record backlog, stating these factors support the company's optimism for continued growth through 2025 despite ongoing macroeconomic uncertainty. Management credited market share gains in residential and commercial segments, operational efficiencies, and product innovation for driving performance, while actions to offset tariff impacts were a key focus. Residential market share expansion: The company achieved 21.6% year-over-year growth in single-family residential revenues, attributed to geographic expansion, dealership growth, and the rollout of new vinyl window products, especially in the Southeast U.S. Multifamily and commercial backlog visibility: Multifamily and commercial revenues grew 11.6% year over year, and the backlog reached $1.14 billion, providing visibility into project pipelines well into 2026. Management noted that the majority of the backlog is concentrated in resilient projects with limited exposure to interest rate fluctuations. Operational efficiencies and gross margin gains: Gross margin improvement was driven by a favorable mix of residential sales, improved pricing, operating leverage, and stable input costs. Hedging currency exposure and minimizing tariff effects also supported profitability. Continental Glass Systems acquisition: The purchase expands Tecnoglass' U.S. production capabilities, bringing in approximately $30 million in annualized revenue and access to high-end remodeling and replacement markets, especially in Florida condominiums. Mitigation of tariff impacts: Management outlined measures such as adjusting supply chain channels, hedging currency, and implementing pricing changes to offset the impact of aluminum tariffs, with expectations that these efforts will minimize profit disruption for the year. Management expects growth to be driven by U.S. geographic expansion, integration of new manufacturing assets, and proactive mitigation of tariff pressures. U.S. manufacturing footprint growth: The integration of Continental Glass Systems and evaluation of a new automated U.S. facility are expected to enhance logistics, reduce lead times, and support expansion in key U.S. markets, with management projecting these moves will improve operational resilience and efficiency over the coming years. Tariff and FX management: Adjustments in supply chain sourcing, pricing strategies, and currency hedges are in place to offset the anticipated $25 million annual impact from aluminum tariffs, with management expecting only short-term margin pressure as these adjustments phase in. Residential and commercial market diversity: Tecnoglass anticipates continued gains in both single-family and commercial segments, with further geographic diversification of its order book. Management highlighted population migration trends to the Southeast and expanding dealer networks as ongoing tailwinds, while acknowledging broader construction demand and interest rates as potential risks. In the coming quarters, the StockStory team will monitor (1) the successful integration and margin ramp of Continental Glass Systems, (2) execution of supply chain and pricing strategies to offset aluminum tariffs, and (3) expansion in non-Florida U.S. markets. Progress on developing a new U.S. manufacturing facility and further residential product launches will also be important indicators of execution. Tecnoglass currently trades at a forward P/E ratio of 21.2×. Is the company at an inflection point that warrants a buy or sell? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. 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Yahoo
4 days ago
- Business
- Yahoo
Tecnoglass Announces Second Quarter 2025 Dividend
Miami, FL, June 10, 2025 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced that its Board of Directors has declared a quarterly dividend of $0.15 per share, or $0.60 per share on an annualized basis, for the second quarter of 2025. Shareholders of record as of the close of business on June 30, 2025 will be paid a dividend of $0.15 on July 31, 2025. About Tecnoglass Tecnoglass Inc. is a leading producer of high-end aluminum and vinyl windows and architectural glass serving the multi-family, single-family, and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America. Located in Barranquilla, Colombia, the Company's 5.8 million square foot, vertically integrated, and state-of-the-art manufacturing complex provide efficient access to nearly 1,000 customers in North, Central and South America, with the United States accounting for 95% of total revenues. Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including One Thousand Museum (Miami), Paramount (Miami), Salesforce Tower (San Francisco), Via 57 West (NY), Hub50House (Boston), Aeropuerto Internacional El Dorado (Bogotá), One Plaza (Medellín), Pabellon de Cristal (Barranquilla). For more information, please visit or view our corporate video at Forward Looking Statements This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are based on Tecnoglass' current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of Tecnoglass' business. These risks, uncertainties and contingencies are indicated from time to time in Tecnoglass' filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that Tecnoglass' financial results in any particular period may not be indicative of future results. Tecnoglass is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events and changes in assumptions or otherwise, except as required by law. Investor Relations:Santiago GiraldoCFO305-503-9062investorrelations@
Yahoo
5 days ago
- Business
- Yahoo
Tecnoglass Inc. (TGLS): A Bull Case Theory
We came across a bullish thesis on Tecnoglass Inc. (TGLS) on FluentInQuality's Substack. In this article, we will summarize the bulls' thesis on TGLS. Tecnoglass Inc. (TGLS)'s share was trading at $84.75 as of 2nd June. TGLS's trailing and forward P/E were 22.91 and 7.54 respectively according to Yahoo Finance. A modern skyscraper, its glass exterior reflecting the company's stable investment portfolio. Tecnoglass Inc. operates in an overlooked but critical space—architectural glass, aluminum, and window systems for commercial and residential buildings across the Americas. This isn't commodity glass; it's high-performance facade technology engineered for hurricane resistance, energy efficiency, and strict U.S. building codes. Fully vertically integrated—from glass processing to aluminum extrusion and final assembly—Tecnoglass maintains quality control, delivers shorter lead times, and commands higher margins, offering custom solutions at scale. Over 90% of revenue comes from the U.S., primarily Florida, Texas, and Georgia, benefiting from Colombia's proximity, logistics advantages, and cost efficiency. Demand is structural, not cyclical, driven by urban migration, energy regulations, and the need for reliable, code-compliant building materials. The company has quietly become the preferred partner for mid- to high-rise developments in key U.S. growth regions. Founder-led with high insider ownership, Tecnoglass takes a disciplined, owner-operator approach to capital allocation—prioritizing dividends, buybacks, and growth capex while maintaining strong ROIC and conservative debt levels. With gross margins around 40% and operating margins in the high 20s, Tecnoglass resembles a software business in profitability despite being a materials company. Its customer base is sticky, fuelled by replacement cycles and increasing demand for energy-efficient upgrades. As climate mandates and infrastructure renewal continue, Tecnoglass is well-positioned for long-term growth. Whether or not it makes headlines, the company is executing with consistency, pricing power, and quiet resilience. It's not the kind of stock that gets hyped, but its fundamentals make it a rare compounder—one investors may be thankful to have held onto over the long term. We have covered a standout stock report of UnitedHealth Group Incorporated (UNH) by the same author. The article summarizes the bullish thesis on UNH by FluentInQuality on Substack. UnitedHealth Group Incorporated (UNH) is well-positioned as Medicare Advantage and grows with its Optum Health division reaching nearly 100 million consumers annually, reflecting massive scale but showing recent stagnation likely due to market saturation, post-pandemic shifts, and a focus on value-based care. Tecnoglass Inc. (TGLS) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 15 hedge fund portfolios held TGLS at the end of the first quarter which was 17 in the previous quarter. While we acknowledge the risk and potential of TGLS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Tecnoglass Inc. (TGLS): A Bull Case Theory
We came across a bullish thesis on Tecnoglass Inc. (TGLS) on FluentInQuality's Substack. In this article, we will summarize the bulls' thesis on TGLS. Tecnoglass Inc. (TGLS)'s share was trading at $84.75 as of 2nd June. TGLS's trailing and forward P/E were 22.91 and 7.54 respectively according to Yahoo Finance. A modern skyscraper, its glass exterior reflecting the company's stable investment portfolio. Tecnoglass Inc. operates in an overlooked but critical space—architectural glass, aluminum, and window systems for commercial and residential buildings across the Americas. This isn't commodity glass; it's high-performance facade technology engineered for hurricane resistance, energy efficiency, and strict U.S. building codes. Fully vertically integrated—from glass processing to aluminum extrusion and final assembly—Tecnoglass maintains quality control, delivers shorter lead times, and commands higher margins, offering custom solutions at scale. Over 90% of revenue comes from the U.S., primarily Florida, Texas, and Georgia, benefiting from Colombia's proximity, logistics advantages, and cost efficiency. Demand is structural, not cyclical, driven by urban migration, energy regulations, and the need for reliable, code-compliant building materials. The company has quietly become the preferred partner for mid- to high-rise developments in key U.S. growth regions. Founder-led with high insider ownership, Tecnoglass takes a disciplined, owner-operator approach to capital allocation—prioritizing dividends, buybacks, and growth capex while maintaining strong ROIC and conservative debt levels. With gross margins around 40% and operating margins in the high 20s, Tecnoglass resembles a software business in profitability despite being a materials company. Its customer base is sticky, fuelled by replacement cycles and increasing demand for energy-efficient upgrades. As climate mandates and infrastructure renewal continue, Tecnoglass is well-positioned for long-term growth. Whether or not it makes headlines, the company is executing with consistency, pricing power, and quiet resilience. It's not the kind of stock that gets hyped, but its fundamentals make it a rare compounder—one investors may be thankful to have held onto over the long term. We have covered a standout stock report of UnitedHealth Group Incorporated (UNH) by the same author. The article summarizes the bullish thesis on UNH by FluentInQuality on Substack. UnitedHealth Group Incorporated (UNH) is well-positioned as Medicare Advantage and grows with its Optum Health division reaching nearly 100 million consumers annually, reflecting massive scale but showing recent stagnation likely due to market saturation, post-pandemic shifts, and a focus on value-based care. Tecnoglass Inc. (TGLS) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 15 hedge fund portfolios held TGLS at the end of the first quarter which was 17 in the previous quarter. While we acknowledge the risk and potential of TGLS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
2 Russell 2000 Stocks to Consider Right Now and 1 to Avoid
The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial. Picking the right small caps isn't easy, and that's exactly why StockStory exists - to help you focus on the best opportunities. That said, here are two Russell 2000 stocks that could be the next breakout winners and one that may face some trouble. Market Cap: $1.49 billion With a network of over 650 communities serving approximately 59,000 residents across 41 states, Brookdale Senior Living (NYSE:BKD) operates senior living communities across the United States, offering independent living, assisted living, memory care, and continuing care retirement communities. Why Do We Think Twice About BKD? Customers postponed purchases of its products and services this cycle as its revenue declined by 4.8% annually over the last five years Low returns on capital reflect management's struggle to allocate funds effectively Unfavorable liquidity position could lead to additional equity financing that dilutes shareholders At $6.36 per share, Brookdale trades at 3.3x forward EV-to-EBITDA. To fully understand why you should be careful with BKD, check out our full research report (it's free). Market Cap: $3.98 billion The first-ever Colombian company to trade on the NASDAQ, Tecnoglass (NYSE:TGLS) is a manufacturer of architectural glass, windows, and aluminum products. Why Could TGLS Be a Winner? Market share has increased this cycle as its 17.5% annual revenue growth over the last five years was exceptional Excellent operating margin of 27.3% highlights the efficiency of its business model, and its profits increased over the last five years as it scaled Earnings growth has trumped its peers over the last five years as its EPS has compounded at 43.6% annually Tecnoglass's stock price of $84.69 implies a valuation ratio of 20.4x forward P/E. Is now the right time to buy? See for yourself in our comprehensive research report, it's free. Market Cap: $3.89 billion Listed on the NASDAQ in 2008, Primoris (NYSE:PRIM) builds, maintains, and upgrades infrastructure in the utility, energy, and civil construction industries. Why Do We Like PRIM? Market share has increased this cycle as its 16.2% annual revenue growth over the last two years was exceptional Demand is greater than supply as the company's 148% average backlog growth over the past two years shows it's securing new contracts and accumulating more orders than it can fulfill Earnings per share grew by 27% annually over the last two years, massively outpacing its peers Primoris is trading at $72.11 per share, or 16.1x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
