The current average analyst rating on the shares is buy and the breakdown of recommendations is 2 strong buy or buy, 1 hold and no sell or strong sell.
The average consensus recommendation for the construction supplies and fixtures peer group is buy.
Wall Street's median 12-month price target for Tecnoglass Holdings Inc is $58.00, about 21.5% above its August 5 closing price of $47.75.
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago.
Growth in both business segments
Double-digit revenue growth in both single-family residential and multi-family/commercial segments, driven by healthy demand and market share gains.
Gross margin declined due to elevated aluminum costs, a stronger Colombian peso, and higher labor costs.
Pricing actions and automation initiatives began in Q2 to address cost pressures, with benefits expected in the second half.
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