Profile
Sector:
IndustrialsIndustry:
Metal FabricationCountry:
United StatesIPO:
05 July 1989Website:
http://www.tredegar.comNext earnings report:
09 August 2024Last dividends:
15 June 2023Next dividends:
N/APrice
regular market | Wed, 03 Jul 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
TG Latest News
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, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, 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-alloy and medium-strength 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 fabricated aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, and Pearl A brands. This segment also provides thin-gauge films as 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 Terphane, Ecophane, and Sealphane brands. Tredegar Corporation was founded in 1955 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 does Tredegar report earnings?
The next expected earnings date for Tredegar is 09 August 2024