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.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), TECNOGLASS INC highlights its ability to generate increasing profitability, showcasing a 62.32% growth.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 33.2%, TECNOGLASS INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• The 3-year EPS growth of TECNOGLASS INC (68.82%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• With a favorable Return on Equity (ROE) of 42.53%, TECNOGLASS INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• TECNOGLASS INC has achieved an impressive Relative Strength (RS) rating of 93.87, showcasing its ability to outperform the broader market. This strong performance positions TECNOGLASS INC as an attractive stock for potential price appreciation.
• Maintaining a Debt-to-Equity ratio of 0.36, TECNOGLASS INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• With 29.94% of the total shares held by institutional investors, TECNOGLASS INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical Analysis Observations

As part of its analysis, ChartMill provides a comprehensive Technical Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various technical indicators and properties.

Taking everything into account, TGLS scores 3 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.

• Looking at the yearly performance, TGLS did better than 93% of all other stocks. On top of that, TGLS also shows a nice and consistent pattern of rising prices.
• TGLS is part of the Building Products industry. There are 45 other stocks in this industry. TGLS outperforms 72% of them.
• TGLS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TGLS is lagging the market.
• In the last month TGLS has a been trading in the 32.37 - 47.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

A complete fundamental analysis of NYSE:TGLS

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple 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. TGLS scores excellent on profitability, but there are some minor concerns on its financial health. An interesting combination arises when we look at growth and value: TGLS is growing strongly while it also seems undervalued. These ratings would make TGLS suitable for value and growth investing!

For an up to date full fundamental analysis you can check the fundamental report of TGLS

More growth stocks can be found in our CANSLIM screen.

Keep in mind

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.