Profile
Sector:
IndustrialsIndustry:
Metal FabricationCountry:
United StatesIPO:
05 July 1989Website:
http://www.tredegar.comNext earnings report:
08 November 2024Last dividends:
15 June 2023Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:18:43 GMTAnalysts recommendations
Institutional Ownership
TG Latest News
RICHMOND, Va.--(BUSINESS WIRE)--Tredegar Completes Sale of Terphane to Oben Group.
NEWNAN, Ga.--(BUSINESS WIRE)--Bonnell Aluminum Sponsors AEC Apprenticeship Program.
Tredegar (TG) reports a Q2 net income of 26 cents per share, driven by strategic cost management and operational improvements, marking a significant recovery from a loss in the prior-year quarter.
VANCOUVER, BC / ACCESSWIRE / June 28, 2024 / Trifecta Gold Ltd. (TSXV:TG)(OTCQB:TRRFF) ("Trifecta" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement for total proceeds of $1,478,990 (see news release dated May 30, 2024).
Discover why Zacks has rated Tredegar as "Underperform," being the first on Wall Street to initiate coverage on the stock. Delve into the challenges posed by volatile material costs, high debt, fierce competition and economic cycles, despite recent financial rebounds and strategic divestments.
RICHMOND, Va.--(BUSINESS WIRE)--Tredegar Corporation (NYSE: TG) announced today that the sale of its Terphane business to Oben Group is still pending, subject to standard closing conditions and competition filing approvals in Brazil.
Tredegar is an undervalued stock with low investor interest due to poor performance and lackluster results. The company has implemented corporate initiatives to improve its financials in the near term. The sale of a business division and the potential for a return to normal results make this an attractive investment opportunity.
Tredegar has undergone a business transition, shifting from mainly a plastic company to mainly an aluminum extrusion company. The company has shown improving operating efficiencies and financial soundness, with a low reinvestment rate and good capital allocation. However, the company operates in a cyclical sector and current valuations do not offer enough margin of safety. But the declining market price may present an opportunity at USD 4 per share.
What type of business is Tredegar?
Tredegar Corporation manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and alloyed aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel and flexible displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, Pearl A, and Obsidian brands. This segment provides polyethylene overwrap for bathroom tissue and paper towels, as well as polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Ecophane and Sealphane brands. Tredegar Corporation was incorporated in 1988 and is headquartered in Richmond, Virginia.
What sector is Tredegar in?
Tredegar is in the Industrials sector
What industry is Tredegar in?
Tredegar is in the Metal Fabrication industry
What country is Tredegar from?
Tredegar is headquartered in United States
When did Tredegar go public?
Tredegar initial public offering (IPO) was on 05 July 1989
What is Tredegar website?
https://www.tredegar.com
Is Tredegar in the S&P 500?
No, Tredegar is not included in the S&P 500 index
Is Tredegar in the NASDAQ 100?
No, Tredegar is not included in the NASDAQ 100 index
Is Tredegar in the Dow Jones?
No, Tredegar is not included in the Dow Jones index
When was Tredegar the previous earnings report?
No data
When does Tredegar earnings report?
The next expected earnings date for Tredegar is 08 November 2024