TECNOGLASS INC (NYSE:TGLS) is a candidate for growth investors. Here's why.

In this article we will dive into TECNOGLASS INC (NYSE:TGLS) as a possible candidate for growth investing. Investors should always do their own research, but we noticed TECNOGLASS INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Some of the canslim metrics of NYSE:TGLS highlighted

• The earnings per share (EPS) of TECNOGLASS INC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 62.32% increase. This reflects the company's ability to improve its profitability over time.
• TECNOGLASS INC has experienced 33.2% q2q revenue growth, indicating a significant sales increase.
• The EPS of TECNOGLASS INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• With a solid Return on Equity (ROE) of 42.53%, TECNOGLASS INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• The Relative Strength (RS) of TECNOGLASS INC has consistently been strong, with a current 87.6 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. TECNOGLASS INC demonstrates promising potential for sustained price momentum.
• TECNOGLASS INC exhibits a favorable Debt-to-Equity ratio at 0.36. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• TECNOGLASS INC demonstrates a balanced ownership structure, with institutional shareholders at 29.93%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Technical analysis of NYSE:TGLS

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

We assign a technical rating of 2 out of 10 to TGLS. 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 87% of all other stocks. However, TGLS's most recent performance is quite weak.
• TGLS is part of the Building Products industry. There are 44 other stocks in this industry, TGLS did better than 65% of them.
• TGLS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

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

A complete fundamental analysis of NYSE:TGLS

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

TGLS gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 44 industry peers in the Building Products industry. TGLS scores excellent on profitability, but there are some minor concerns on its financial health. TGLS is evaluated to be cheap and growing strongly. This does not happen too often! This makes TGLS very considerable for value and growth investing!

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

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.