Stocks of Tredegar Corp (TG) are poised to climb above their peers

With 0.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.13 million shares. During the session, the Metal Fabrication company that operates in wider Industrials sector, reached to the highest price of $7.69 whereas the lowest price it dropped to was $7.355. The 52-week range on TG shows that it touched its highest point at $9.22 and its lowest point at $3.98 during that stretch. It currently has a 1-year price target of $17.00. Beta for the stock currently stands at 0.84.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TG was down-trending over the past week, with a drop of -1.82%, but this was down by -1.69% over a month. Three-month performance surged to 4.29% while six-month performance rose 56.43%. The stock gained 44.44% in the past year, while it has lost -1.82% so far this year.

Float and Shares Shorts:

At present, 34.39 million TG shares are outstanding with a float of 29.75 million shares on hand for trading. On 2024-12-13, short shares totaled 0.17 million, which was 47.999998000000005 higher than short shares on 1731628800. In addition to Mr. John M. Steitz as the firm’s President, CEO & Director, Mr. D. Andrew Edwards CPA serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.60982 of TG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, TG reported revenue of $182051000.0 and operating income of $504000.0. The EBITDA in the recently reported quarter was $6959000.0 and diluted EPS was -$0.11.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.