Tredegar: Besides Uncertainty, Expect Nothing More
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Alberto Abaterusso6.73K FollowersFollow5ShareSaveCommentsSummaryTredegar Corporation is reaffirmed at Hold due to persistent macro headwinds, weak demand, and no clear catalysts for recovery.TG's EV/EBITDA of 4.16x appears optically attractive but reflects the financial markets' pricing in of bleak prospects and elevated risk.Reduced credit facility availability, suspended dividend, and insider selling underscore diminished confidence and ongoing operational challenges.Despite modest EBITDA improvement, rising aluminium costs and weak end markets continue to have a negative impact and limit the upside potential. Serhii Hryshchyshen/iStock via Getty Images “Hold” Rating For Tredegar Corporation (TG) This article reaffirms our Hold rating for the NYSE-listed shares of Tredegar Corporation, a manufacturer and distributor of aluminium profiles and PE films in the United States and internationally, headquarteredThis article was written byAlberto Abaterusso6.73K FollowersFollowAlberto holds a Master's degree in Business Economics. During his academic career he acquired an extensive managerial and economic background, with a solid quantitative basis. He covers all sectors and the different types of stocks. Essentially describes a useful investment strategy that fits the profile of any investor, whether they are dividend investors or interested in a value proposition or growth opportunity.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.