Tredegar Stock Today
| TG Stock | USD 6.47 0.03 0.47% |
Performance9 of 100
| Odds Of DistressLess than 23
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Tredegar is trading at 6.47 as of the 23rd of April 2024. This is a 0.47 percent increase since the beginning of the trading day. The stock's lowest day price was 6.41. Tredegar has about a 23 % chance of experiencing some form of financial distress in the next two 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 28th of February 2023 and ending today, the 23rd of April 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 34.43 M outstanding shares of which 273.71 K shares are at this time sold short in the market by investors with about 1.37 days to cover all shorted shares. More on Tredegar
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Follow Valuation Options Odds of Bankruptcy
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Tredegar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tredegar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tredegar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Steitz | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Commodity Chemicals, Metal Fabrication, Industrials, NYSE Composite, Corona Opportunity, Millennials Best, Steel Works Etc, Materials, Chemicals, Metal Fabrication, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Tredegar report their recommendations after researching Tredegar's financial statements, talking to executives and customers, or listening in on Tredegar's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Tredegar. The Tredegar consensus assessment is calculated by taking the average forecast from all of the analysts covering Tredegar. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Tredegar's profitability, liquidity, and operating efficiency, Tredegar is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Tredegar is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Tredegar's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tredegar's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
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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 221.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tredegar's market, we take the total number of its shares issued and multiply it by Tredegar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tredegar is active under Chemicals sector as part of Materials industry. The entity has 34.43 M outstanding shares of which 273.71 K shares are at this time sold short in the market by investors with about 1.37 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 AllocationTredegar shows a total of 34.43 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. Consequently, these institutions are subject to different rules and regulations than regular investors in Tredegar. Please watch out for any change in the institutional holdings of Tredegar as this could mean something significant has changed or is about to change at the company. 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 Price Odds Analysis
In reference to a normal probability distribution, the odds of Tredegar jumping above the current price in 90 days from now is about 7.84%. The Tredegar probability density function shows the probability of Tredegar stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.7299. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tredegar will likely underperform. Additionally, tredegar has an alpha of 0.4275, implying that it can generate a 0.43 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Tredegar to move above the current price in 90 days from now is about 7.84 (This Tredegar probability density function shows the probability of Tredegar Stock to fall within a particular range of prices over 90 days) .
Tredegar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Tredegar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tredegar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tredegar's value.| Instituion | Recorded On | 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 Historical Income Statement
Tredegar Income Statement is one of the three primary financial statements used for reporting Tredegar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tredegar revenue and expense. Tredegar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Tredegar's Total Revenue is most likely to increase significantly in the upcoming years. The Tredegar's current Other Operating Expenses is estimated to increase to about 795.8 M, while Operating Income is forecasted to increase to (10.1 M). View More FundamentalsTredegar Stock Against Markets
Picking the right benchmark for Tredegar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tredegar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tredegar is critical whether you are bullish or bearish towards Tredegar at a given time. Please also check how Tredegar's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Tredegar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Tredegar Corporate Directors
Tredegar corporate directors refer to members of a Tredegar board of directors. The board of directors generally takes responsibility for the Tredegar's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tredegar's board members must vote for the resolution. The Tredegar board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Carl Tack | Independent Director | Profile | |
| Anne Waleski | Independent Director | Profile | |
| George Freeman | Independent Director | Profile | |
| Kenneth Newsome | Independent Director | Profile |
How to buy Tredegar Stock?
Before investing in Tredegar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tredegar. To buy Tredegar stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tredegar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tredegar stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tredegar stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tredegar stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tredegar, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Tredegar Stock please use our How to Invest in Tredegar guide.
Already Invested in Tredegar?
The danger of trading Tredegar is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tredegar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tredegar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tredegar is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Tredegar is a strong investment it is important to analyze Tredegar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tredegar's future performance. For an informed investment choice regarding Tredegar Stock, refer to the following important reports: 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 tightly coupled 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.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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.
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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.