TG Tredegar Dashboard

Tredegar Corp. engages in the manufacture of polyethylene plastic films, polyester films, and aluminum extrusions. It operates through following segments: PE Films, Flexible Packaging Films and Aluminum Extrusions. The PE Films segment manufactures plastic films, elastics, and laminate materials utilized in personal care materials, surface protection films and specialty and optical lighting applications. The Flexible Packaging Films segment produces polyester-based films for use in packaging applications. The Aluminum Extrusions segment produces soft-alloy and medium-strength aluminum extrusions for building and construction, automotive, consumer durables, machinery and equipment, electrical and distribution markets. The company was founded in 1988 and is headquartered in Richmond, VA.

Company profile

Ticker

Exchange

NYSE

Website

tredegar.com/

CEO

John Steitz

Incorporated

Virginia

Location

Virginia

Fiscal year end

Dec 31

Sector

Manufacturing > Other Aluminum Rolling, Drawing, and Extruding

Industry (SIC)

Rolling Drawing & Extruding of Nonferrous Metals

Howmet Aerospace • Novelis • Arconic • Kaiser Aluminum • Mueller Industries • Quanex Building Products • Global Brass & Copper • Encore Wire ...

Former names

TREDEGAR INDUSTRIES INC

SEC CIK

0000850429

Corporate docs

Articles of Incorporation & Bylaws

IRS number

541497771

TG stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Lows On Monday

19 Jul 21

Stocks That Hit 52-Week Lows On Monday Monday morning, 285 companies reached new 52-week lows.

Stocks That Hit 52-Week Lows On Thursday

8 Jul 21

Thursday morning, 158 companies reached new 52-week lows.

Stocks That Hit 52-Week Lows On Tuesday

6 Jul 21

Tuesday morning, 51 companies reached new 52-week lows.

Stocks That Hit 52-Week Lows On Friday

2 Jul 21

GeoPark Co-Founder, Former Chair Issues Investor Presentation, Suggests Potential Director Candidates

1 Jul 21

Press releases

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Tredegar Surface Protection Announces Resin Index Based Pricing Plan

21 Jun 21

Tredegar Surface Protection (NYSE:TG), announced today that it will implement a resin index based pricing plan that will apply to all products and customers, in response to unprecedented price increases and supply

Tredegar Reports First Quarter 2021 Results

7 May 21

Tredegar Corporation (NYSE:TG, also the "Company" or "Tredegar")) today reported first quarter financial results for the period ended March 31, 2021. First quarter 2021 net income from continuing operations was $9.6

Tredegar Board Declares Quarterly Dividend

6 May 21

The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of twelve cents ($0.12) per share on the company's common stock. The dividend is payable on July 1, 2021 to shareholders of record

Calendar

7 May 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart TG financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Tredegar earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	21.86M	21.86M	21.86M	21.86M	21.86M	21.86M
Cash burn (monthly)	(positive/no burn)	1.1M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	4.51M	n/a	n/a	n/a	n/a
Cash remaining	n/a	17.35M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	15.8	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

TG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jul 21	Freeman George C Iii	Tredegar Common Stock	Grant	Aquire A	No	No	13.71	1,641	22.5K	26,786
1 Jul 21	Gottwald John D	Tredegar Common Stock	Grant	Aquire A	No	No	13.71	2,233	30.61K	1,900,708
1 Jul 21	Gottwald William M	Tredegar Common Stock	Grant	Aquire A	Yes	No	13.71	1,641	22.5K	62,564
1 Jul 21	Newsome Kenneth	Tredegar Common Stock	Grant	Aquire A	No	No	13.71	1,641	22.5K	24,283
1 Jul 21	Pratt Gregory A	Tredegar Common Stock	Grant	Aquire A	No	No	13.71	1,641	22.5K	24,283

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

TG institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

64.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	129	135	-4.4%
Opened positions	13	21	-38.1%
Closed positions	19	22	-13.6%
Increased positions	40	48	-16.7%
Reduced positions	54	46	+17.4%

13F shares	Current	Prev Q	Change
Total value	897.85M	491.63M	+82.6%
Total shares	21.86M	21.76M	+0.4%
Total puts	216.4K	327K	-33.8%
Total calls	30.3K	116.9K	-74.1%
Total put/call ratio	7.1	2.8	+155.3%

Largest owners	Shares	Value	Change
BLK Blackrock	4.38M	$65.78M	+7.2%
Vanguard	3.15M	$47.32M	+7.3%
GBL Gamco Investors	2.79M	$41.87M	-4.9%
Dimensional Fund Advisors	2.4M	$36.08M	-3.6%
STT State Street	850.49K	$12.87M	+2.6%
Kennedy Capital Management	471.15K	$7.07M	+11.3%
LSV Asset Management	434.7K	$6.52M	-1.4%
Gabelli Funds	429K	$6.44M	+0.8%
Geode Capital Management	428.44K	$6.43M	+8.0%
BK Bank Of New York Mellon	410.75K	$6.17M	+1.3%

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	4.38M	+295.38K	+7.2%
Vanguard	3.15M	+214.71K	+7.3%
Hillsdale Investment Management	0	-173.59K	EXIT
Victory Capital Management	0	-148.38K	EXIT
CS Credit Suisse	177.61K	+146.24K	+466.2%
GBL Gamco Investors	2.79M	-143.36K	-4.9%
Kingsview Wealth Management	116.26K	+116.26K	NEW
Citadel Advisors	51.71K	-108.6K	-67.7%
Norges Bank	0	-104.25K	EXIT
Russell Investments	98K	+95.58K	+3962.9%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Net sales (sales less freight) in the first quarter of 2021 were relatively flat versus the first quarter of 2020 despite lower volume, primarily due to the pass-through of higher metal costs and an increase in average selling prices to cover higher operating costs. Sales volume in the first quarter of 2021 decreased by 6.2% versus the first quarter of 2020. Sales volume associated with non-residential B&C markets, which represented 55% of volume in 2020, declined 15.1% in the first quarter of 2021 versus the first quarter of 2020. Sales volume associated with specialty markets, which represented 31% of total volume in 2020, decreased 2.3% in the first quarter of 2021, and sales volume associated with the automotive market, which represented 9% of total volume in 2020, increased 8.0%. See “The Impact of COVID-19 and Related Financial Considerations” section for more information on business conditions.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 10-Q 2021 Q1