Exploring NYSE:TGLS's growth characteristics.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if TECNOGLASS INC (NYSE:TGLS) is suited for growth investing. Investors should of couse do their own research, but we spotted TECNOGLASS INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Why NYSE:TGLS may be interesting for canslim investors.

• TECNOGLASS INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 62.32% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• TECNOGLASS INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 33.2%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• TECNOGLASS INC has experienced 68.82% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• TECNOGLASS INC showcases a robust Return on Equity (ROE) of 42.53%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• TECNOGLASS INC has achieved an impressive Relative Strength (RS) rating of 80.07, showcasing its ability to outperform the broader market. This strong performance positions TECNOGLASS INC as an attractive stock for potential price appreciation.
• TECNOGLASS INC maintains a healthy Debt-to-Equity ratio of 0.36. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With institutional shareholders at 29.92%, TECNOGLASS INC demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

What is the technical picture of NYSE:TGLS telling us.

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Taking everything into account, TGLS scores 2 out of 10 in our technical rating. Although TGLS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
• Looking at the yearly performance, TGLS did better than 80% of all other stocks. However, we also see that TGLS couldn't keep up this performance in the last couple of months.
• TGLS is an average performer in the Building Products industry, it outperforms 43% of 45 stocks in the same industry.
• TGLS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TGLS is lagging the market slightly.

Check the latest full technical report of TGLS for a complete technical analysis.

Zooming in on the fundamentals.

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to TGLS. TGLS was compared to 45 industry peers in the Building Products industry. While TGLS belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TGLS has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! This makes TGLS very considerable for value and growth investing!

Our latest full fundamental report of TGLS contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.