NASDAQ:TPIC

TPI Composites (TPIC) Stock Price, News & Analysis

$3.78
-0.07 (-1.82%)
(As of 10:39 AM ET)
Today's Range
$3.72
$3.87
50-Day Range
$2.39
$4.03
52-Week Range
$1.63
$12.24
Volume
143,057 shs
Average Volume
1.17 million shs
Market Capitalization
$179.44 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.47

TPI Composites MarketRank™ Stock Analysis

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
120.3% Upside
$8.47 Price Target
Short Interest
Bearish
15.17% of Shares Sold Short
Dividend Strength
N/A
Sustainability
2.17
Upright™ Environmental Score
News Sentiment
0.16mentions of TPI Composites in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.60) to ($0.09) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.52 out of 5 stars

Industrial Products Sector

77th out of 170 stocks

Engines & Turbines Industry

4th out of 5 stocks

TPIC stock logo

About TPI Composites Stock (NASDAQ:TPIC)

TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India. It also provides composite solutions for the automotive industry; and field service inspection and repair services comprising diagnostic, repair, and maintenance services for wind blades to OEM customers, and wind farm owners and operators. The company was formerly known as LCSI Holding, Inc. and changed its name to TPI Composites, Inc. in 2008. TPI Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona.

TPIC Stock Price History

TPIC Stock News Headlines

TPI Composites (NASDAQ:TPIC) PT Raised to $3.75
Rich Dad Poor Dad Author Shocks Millions With 2024 Crash Warning
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Rich Dad Poor Dad Author Shocks Millions With 2024 Crash Warning
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Q1 2024 TPI Composites Inc Earnings Call
Here's what Wall Street expects from TPI Composites's earnings
TPI Composites, Inc. (TPIC)
TPI Composites Inc
TPIC Apr 2024 2.500 call
TPI Composites: Weak Results And Guidance
TPI Composites: Turnaround Is In Sight (Rating Upgrade)
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
5/09/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Engines & turbines
Sub-Industry
N/A
Current Symbol
NASDAQ:TPIC
Fax
N/A
Employees
12,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.47
High Stock Price Target
$15.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+120.3%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
$-201,780,000.00
Pretax Margin
-16.75%

Debt

Sales & Book Value

Annual Sales
$1.46 billion
Book Value
($2.87) per share

Miscellaneous

Free Float
45,190,000
Market Cap
$182.52 million
Optionable
Optionable
Beta
1.96
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Key Executives

  • Mr. William E. SiwekMr. William E. Siwek (Age 61)
    President, CEO & Director
    Comp: $1.64M
  • Mr. Ryan D. Miller (Age 49)
    Chief Financial Officer
    Comp: $655.56k
  • Mr. Adan Gossar (Age 50)
    Chief Accounting Officer
    Comp: $590.96k
  • Mr. Jerry Lavine (Age 55)
    President of Automotive
    Comp: $770.34k
  • Mr. Charles Stroo (Age 48)
    Chief Operating Officer
  • Mr. Nicholas Warchol
    Senior Vice President of Technology & Engineering
  • Mr. Theo Gibson
    Chief Information Officer
  • Christian Edin
    Senior Director of Investor Relations
  • Mr. Steven G. Fishbach Esq. (Age 54)
    General Counsel & Secretary
    Comp: $627.04k
  • Ms. Deane Ilukowicz
    Chief People Officer

TPIC Stock Analysis - Frequently Asked Questions

Should I buy or sell TPI Composites stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TPIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPIC, but not buy additional shares or sell existing shares.
View TPIC analyst ratings
or view top-rated stocks.

What is TPI Composites' stock price target for 2024?

9 Wall Street analysts have issued twelve-month price objectives for TPI Composites' stock. Their TPIC share price targets range from $3.00 to $15.00. On average, they predict the company's share price to reach $8.47 in the next twelve months. This suggests a possible upside of 120.3% from the stock's current price.
View analysts price targets for TPIC
or view top-rated stocks among Wall Street analysts.

How have TPIC shares performed in 2024?

TPI Composites' stock was trading at $4.14 on January 1st, 2024. Since then, TPIC stock has decreased by 7.1% and is now trading at $3.8450.
View the best growth stocks for 2024 here
.

When is TPI Composites' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our TPIC earnings forecast
.

How were TPI Composites' earnings last quarter?

TPI Composites, Inc. (NASDAQ:TPIC) announced its quarterly earnings data on Thursday, February, 22nd. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.91) by $1.18. The industrial products company earned $296.99 million during the quarter, compared to analyst estimates of $340.91 million. During the same period in the previous year, the business posted ($0.73) EPS.

What guidance has TPI Composites issued on next quarter's earnings?

TPI Composites updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.

What is William E. Siwek's approval rating as TPI Composites' CEO?

4 employees have rated TPI Composites Chief Executive Officer William E. Siwek on Glassdoor.com. William E. Siwek has an approval rating of 100% among the company's employees. This puts William E. Siwek in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of TPI Composites own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TPI Composites investors own include NVIDIA (NVDA), Baidu (BIDU), Cisco Systems (CSCO), JD.com (JD), Inseego (INSG), BioXcel Therapeutics (BTAI), Baozun (BZUN), Alibaba Group (BABA), Boeing (BA) and Bilibili (BILI).

When did TPI Composites IPO?

TPI Composites (TPIC) raised $72 million in an initial public offering on Friday, July 22nd 2016. The company issued 6,300,000 shares at a price of $11.00-$12.00 per share. J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers.

Who are TPI Composites' major shareholders?

TPI Composites' stock is owned by many different retail and institutional investors. Top institutional shareholders include Guinness Asset Management LTD (0.84%), Green Alpha Advisors LLC (0.48%), Harel Insurance Investments & Financial Services Ltd. (0.23%), Susquehanna Fundamental Investments LLC (0.23%), Los Angeles Capital Management LLC (0.11%) and Mirae Asset Global Investments Co. Ltd. (0.06%). Insiders that own company stock include Bam Partners Trust, Daniel G Weiss, Daniel G Weiss, James Alton Hughes, Jerrold I Lavine, Mark Nunneley, Ramesh Gopalakrishnan, Ryan D Miller, Steven C Lockard, Thomas J Castle, Tyrone Michael Jordan and William E Siwek.
View institutional ownership trends
.

How do I buy shares of TPI Composites?

Shares of TPIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TPIC) was last updated on 5/9/2024 by MarketBeat.com Staff

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