Tredegar Stock Today

TG Stock  USD 7.12  0.11  1.57%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 31

 
High
 
Low
Below Average
Tredegar is trading at 7.12 as of the 21st of November 2024. This is a 1.57% increase since the beginning of the trading day. The stock's lowest day price was 7.03. Tredegar has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Tredegar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
30th of June 1989
Category
Industrials
Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene films, and polyester films in the United States and internationally. Tredegar Corporation was founded in 1955 and is headquartered in Richmond, Virginia. The company has 34.24 M outstanding shares of which 189.94 K shares are at this time sold short in the market by investors with about 1.91 days to cover all shorted shares. More on Tredegar

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Tredegar Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJohn Steitz
Thematic Ideas
(View all Themes)
Business ConcentrationCommodity Chemicals, Metal Fabrication, Industrials, NYSE Composite, Millennials Best, Corona Opportunity, Steel Works Etc, Materials, Chemicals, Metal Fabrication, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.491.5787
Notably Down
Slightly volatile
Gross Profit Margin0.09750.1026
Notably Down
Slightly volatile
Total Current Liabilities261.6 M249.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total39.6 M41.7 M
Notably Down
Slightly volatile
Total Assets660.8 M446.5 M
Way Up
Slightly volatile
Total Current Assets225.1 M176.7 M
Significantly Up
Pretty Stable
Debt Levels
Tredegar can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tredegar's financial leverage. It provides some insight into what part of Tredegar's total assets is financed by creditors.
Liquidity
Tredegar reports 159.37 M of total liabilities with total debt to equity ratio (D/E) of 0.55, which is normal for its line of buisiness. Tredegar has a current ratio of 1.33, which is generally considered normal. Note however, debt could still be an excellent tool for Tredegar to invest in growth at high rates of return.

Change In Working Capital

13.54 Million
Tredegar (TG) is traded on New York Stock Exchange in USA. It is located in 1100 Boulders Parkway, Richmond, VA, United States, 23225 and employs 1,900 people. Tredegar is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a market capitalization of 240.04 M. Tredegar is active under Chemicals sector as part of Materials industry. The entity has 34.24 M outstanding shares of which 189.94 K shares are at this time sold short in the market by investors with about 1.91 days to cover all shorted shares. Tredegar reports about 19.23 M in cash with 24 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.82.
Check Tredegar Probability Of Bankruptcy
Ownership Allocation
Tredegar shows a total of 34.24 Million outstanding shares. Over half of Tredegar's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tredegar Ownership Details

Tredegar Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
355.7 K
London Company Of Virginia2024-06-30
282.8 K
Nuveen Asset Management, Llc2024-06-30
249.7 K
D. E. Shaw & Co Lp2024-06-30
235.1 K
Northern Trust Corp2024-09-30
224.6 K
Two Sigma Investments Llc2024-06-30
183.6 K
Two Sigma Advisers, Llc2024-06-30
175.2 K
Millennium Management Llc2024-06-30
171.5 K
Assenagon Asset Management Sa2024-09-30
147.9 K
Gamco Investors, Inc. Et Al2024-06-30
5.1 M
Blackrock Inc2024-06-30
2.4 M
View Tredegar Diagnostics

Tredegar Historical Income Statement

At this time, Tredegar's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Tredegar's current Cost Of Revenue is estimated to increase to about 693.5 M, while Gross Profit is projected to decrease to roughly 68.7 M. View More Fundamentals

Tredegar Stock Against Markets

Tredegar Corporate Directors

Carl TackIndependent DirectorProfile
Anne WaleskiIndependent DirectorProfile
George FreemanIndependent DirectorProfile
Kenneth NewsomeIndependent DirectorProfile
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tredegar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tredegar. If investors know Tredegar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tredegar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Earnings Share
(0.80)
Revenue Per Share
20.887
Quarterly Revenue Growth
0.095
Return On Assets
0.0281
The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tredegar's market value can be influenced by many factors that don't directly affect Tredegar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.