Tredegar Stock Buy Hold or Sell Recommendation
| TG Stock | USD 6.46 0.01 0.15% |
Allowing for the 90-day total investment horizon and your complete indifference towards market risk, our recommendation regarding Tredegar is 'Strong Buy'. Macroaxis provides Tredegar buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Tredegar positions. The advice algorithm takes into account all of Tredegar's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Tredegar's buy or sell advice are summarized below:
Real Value 9.25 | Target Price 17 | Hype Value 6.96 | Market Value 6.46 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Tredegar given historical horizon and risk tolerance towards Tredegar. When Macroaxis issues a 'buy' or 'sell' recommendation for Tredegar, the advice is generated through an automated system that utilizes algorithms and statistical models.
Tredegar |
Execute Tredegar Buy or Sell Advice
The Tredegar recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tredegar. Macroaxis does not own or have any residual interests in Tredegar or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tredegar's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Tredegar Trading Alerts and Improvement Suggestions
| Tredegar had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 704.83 M. Annual Net Loss to common stockholders was (105.91 M) with gross profit of 139.64 M. | |
| About 62.0% of the company shares are owned by institutional investors | |
| Latest headline from globenewswire.com: TG Therapeutics Announces Additional Data Presentations for BRIUMVI in Multiple Sclerosis at the American Academy of Neurology 2024 Annual Meeting |
Tredegar Returns Distribution Density
The distribution of Tredegar's historical returns is an attempt to chart the uncertainty of Tredegar's future price movements. The chart of the probability distribution of Tredegar daily returns describes the distribution of returns around its average expected value. We use Tredegar price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tredegar returns is essential to provide solid investment advice for Tredegar.
| Mean Return | 0.52 | Value At Risk | -3.94 | Potential Upside | 6.46 | Standard Deviation | 4.48 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tredegar historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tredegar Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tredegar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tredegar backward and forwards among themselves. Tredegar's institutional investor refers to the entity that pools money to purchase Tredegar's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 309.9 K | Goldman Sachs Group Inc | 2023-12-31 | 297.9 K | Lsv Asset Management | 2023-12-31 | 267.8 K | Credit Suisse First Boston (csfb) | 2023-12-31 | 260 K | Nuveen Asset Management, Llc | 2023-12-31 | 249.7 K | Northern Trust Corp | 2023-12-31 | 248.7 K | London Company Of Virginia | 2023-12-31 | 234.5 K | Ameriprise Financial Inc | 2023-12-31 | 231.5 K | Renaissance Technologies Corp | 2023-12-31 | 181.7 K | Gamco Investors, Inc. Et Al | 2023-12-31 | 4.1 M | Blackrock Inc | 2023-12-31 | 2.3 M |
Tredegar Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (3.0M) | (19.6M) | 18.7M | (11.3M) | (5.8M) | (6.1M) | |
| Free Cash Flow | 65.0M | 51.0M | 43.2M | (57.7M) | (2.5M) | (2.3M) | |
| Depreciation | 44.3M | 32.0M | 23.8M | 26.4M | 29.9M | 37.1M | |
| Other Non Cash Items | (3.6M) | (5.4M) | (1.6M) | (34.5M) | 141.2M | 148.3M | |
| Capital Expenditures | 50.9M | 23.4M | 27.4M | 36.9M | 26.4M | 34.9M | |
| Net Income | 48.3M | (75.4M) | 57.8M | 28.5M | (105.9M) | (100.6M) | |
| End Period Cash Flow | 31.4M | 11.8M | 30.5M | 19.2M | 13.5M | 12.8M | |
| Change To Inventory | 11.3M | (4.4M) | (23.1M) | (37.8M) | 47.6M | 50.0M | |
| Dividends Paid | 15.3M | 216.0M | 16.2M | 17.0M | (8.9M) | (8.4M) | |
| Change Receivables | 16.5M | (335K) | (17.0M) | 18.6M | 21.4M | 22.4M | |
| Net Borrowings | 65.5M | 92M | 75.5M | 62.8M | 72.2M | 75.8M | |
| Change To Netincome | (4.8M) | 124.9M | 29.4M | (31.0M) | (35.7M) | (33.9M) | |
| Investments | (39.9M) | 32.9M | 47.1M | 1.4M | (33.3M) | (35.0M) |
Tredegar Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tredegar or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tredegar's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tredegar stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.40 | |
β | Beta against NYSE Composite | 1.86 | |
σ | Overall volatility | 4.48 | |
Ir | Information ratio | 0.1 |
Tredegar Volatility Alert
Tredegar currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.4. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tredegar's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tredegar's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tredegar Fundamentals Vs Peers
Comparing Tredegar's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tredegar's direct or indirect competition across all of the common fundamentals between Tredegar and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tredegar or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tredegar's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tredegar by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tredegar to competition |
| Fundamentals | Tredegar | Peer Average |
| Return On Equity | -0.59 | -0.31 |
| Return On Asset | -0.0176 | -0.14 |
| Profit Margin | (0.15) % | (1.27) % |
| Operating Margin | (0.03) % | (5.51) % |
| Current Valuation | 367.72 M | 16.62 B |
| Shares Outstanding | 34.43 M | 571.82 M |
| Shares Owned By Insiders | 23.17 % | 10.09 % |
| Shares Owned By Institutions | 62.00 % | 39.21 % |
| Number Of Shares Shorted | 273.71 K | 4.71 M |
| Price To Earning | 5.78 X | 28.72 X |
| Price To Book | 1.43 X | 9.51 X |
| Price To Sales | 0.32 X | 11.42 X |
| Revenue | 704.83 M | 9.43 B |
| Gross Profit | 139.64 M | 27.38 B |
| EBITDA | 19.24 M | 3.9 B |
| Net Income | (105.91 M) | 570.98 M |
| Cash And Equivalents | 19.23 M | 2.7 B |
| Cash Per Share | 0.82 X | 5.01 X |
| Total Debt | 159.37 M | 5.32 B |
| Debt To Equity | 0.55 % | 48.70 % |
| Current Ratio | 1.36 X | 2.16 X |
| Book Value Per Share | 4.62 X | 1.93 K |
| Cash Flow From Operations | 24 M | 971.22 M |
| Short Ratio | 1.37 X | 4.00 X |
| Earnings Per Share | (3.10) X | 3.12 X |
| Target Price | 17.0 | |
| Number Of Employees | 1.9 K | 18.84 K |
| Beta | 0.94 | -0.15 |
| Market Capitalization | 222.77 M | 19.03 B |
| Total Asset | 466.02 M | 29.47 B |
| Retained Earnings | 177.98 M | 9.33 B |
| Working Capital | (72.43 M) | 1.48 B |
| Current Asset | 211 M | 9.34 B |
Note: Acquisition by Kenneth Newsome of 3526 shares of Tredegar at 6.38 subject to Rule 16b-3 [view details]
Tredegar Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tredegar . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 2255.1 | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 6.5 | |||
| Day Typical Price | 6.49 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.01) |
About Tredegar Buy or Sell Advice
When is the right time to buy or sell Tredegar? Buying financial instruments such as Tredegar Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 193K | 18.8M | 24.5M | 25.5M | Total Assets | 523.6M | 542.1M | 466.0M | 661.4M |
Use Investing Ideas to Build Portfolios
In addition to having Tredegar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Construction Materials Thematic Idea Now
Construction Materials
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Materials Theme or any other thematic opportunities.
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Check out Tredegar Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.Note that the Tredegar information on this page should be used as a complementary analysis to other Tredegar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Tredegar Stock analysis
When running Tredegar's price analysis, check to measure Tredegar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tredegar is operating at the current time. Most of Tredegar's value examination focuses on studying past and present price action to predict the probability of Tredegar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tredegar's price. Additionally, you may evaluate how the addition of Tredegar to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
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| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
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| FinTech Suite Use AI to screen and filter profitable investment opportunities |
Is Tredegar's industry 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) | Dividend Share 0.26 | Earnings Share (3.10) | Revenue Per Share 20.649 | Quarterly Revenue Growth (0.10) |
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.