TPI Composites Company Profile (NASDAQ:TPIC)

About TPI Composites (TPIC)

TPI Composites logoTPI Composites, Inc. manufactures composite wind blades. The Company operates through four segments. The United States segment includes the manufacturing of wind blades at its Newton, Iowa plant; the manufacturing of precision molding and assembly systems used for the manufacture of wind blades in its Warren, Rhode Island facility, and the manufacturing of composite solutions for the transportation industry, which it also conducts in its Rhode Island and Massachusetts facilities. The Asia segment includes the manufacturing of wind blades in facilities in Taicang Port, China and two in Dafeng, China; the manufacturing of precision molding and assembly systems in its Taicang City, China facility; the manufacturing of components in its second Taicang Port, China facility, and wind blade inspection and repair services. The Mexico segment manufactures wind blades from a facility in Juarez, Mexico. The Middle East and Africa segment manufactures wind blades from a facility in Izmir, Turkey.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: TPIC
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $19.84
  • 50 Day Moving Average: $18.38
  • 200 Day Moving Average: $17.20
  • 52-Week Range: $11.31 - $23.30
  • Trailing P/E Ratio: 41.51
  • Foreward P/E Ratio: 16.53
  • P/E Growth: 0.65
  • Market Cap: $650.73M
  • Outstanding Shares: 32,799,000
Profitability:
  • Net Margins: 3.68%
  • Return on Equity: -24.14%
  • Return on Assets: 7.42%
Debt:
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 1.42%
  • Quick Ratio: 0.98%

Analyst Ratings

Consensus Ratings for TPI Composites (NASDAQ:TPIC) (?)
Ratings Breakdown: 7 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $22.14 (11.61% upside)

Analysts' Ratings History for TPI Composites (NASDAQ:TPIC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/31/2017Barclays PLCInitiated CoverageOverweight -> Overweight$24.00HighView Rating Details
3/20/2017Canaccord GenuityReiterated RatingBuyMediumView Rating Details
1/17/2017Roth CapitalInitiated CoverageBuy$23.00N/AView Rating Details
9/27/2016Morgan StanleyReiterated RatingBuy$25.00N/AView Rating Details
8/16/2016Raymond James Financial, Inc.Initiated CoverageOutperform$20.00N/AView Rating Details
8/16/2016Cowen and CompanyInitiated CoverageOutperform$21.00N/AView Rating Details
8/16/2016JPMorgan Chase & Co.Initiated CoverageOverweight$22.00N/AView Rating Details
(Data available from 4/27/2015 forward)

Earnings

Earnings History for TPI Composites (NASDAQ:TPIC)
Earnings by Quarter for TPI Composites (NASDAQ:TPIC)
Earnings History by Quarter for TPI Composites (NASDAQ:TPIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/16/2017        
11/9/20169/30/2016($0.10)$0.08$187.75 million$198.94 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TPI Composites (NASDAQ:TPIC)
2017 EPS Consensus Estimate: $0.68
2018 EPS Consensus Estimate: $1.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.01$0.01$0.01
Q2 20171$0.17$0.17$0.17
Q3 20171$0.23$0.23$0.23
Q4 20171$0.27$0.27$0.27
Q1 20181$0.30$0.30$0.30
Q2 20181$0.31$0.31$0.31
Q3 20181$0.40$0.40$0.40
Q4 20181$0.43$0.43$0.43
(Data provided by Zacks Investment Research)

Dividends

Dividend History for TPI Composites (NASDAQ:TPIC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for TPI Composites (NASDAQ:TPIC)
Institutional Ownership Percentage: 23.80%
Insider Trades by Quarter for TPI Composites (NASDAQ:TPIC)
Institutional Ownership by Quarter for TPI Composites (NASDAQ:TPIC)
Insider Trades by Quarter for TPI Composites (NASDAQ:TPIC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/27/2016James Alton HughesDirectorBuy13,636$11.00$149,996.00View SEC Filing  
7/27/2016Steven C LockardInsiderBuy22,727$11.00$249,997.00View SEC Filing  
7/27/2016Steven G FishbachGeneral CounselBuy4,546$11.00$50,006.00View SEC Filing  
7/27/2016William E SiwekCFOBuy9,091$11.00$100,001.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TPI Composites (NASDAQ:TPIC)
Latest Headlines for TPI Composites (NASDAQ:TPIC)
Source:
DateHeadline
americanbankingnews.com logo$0.01 Earnings Per Share Expected for TPI Composites Inc (TPIC) This Quarter
www.americanbankingnews.com - April 25 at 4:08 PM
finance.yahoo.com logoSurging Earnings Estimates Signal Good News for TPI Composites (TPIC)
finance.yahoo.com - April 19 at 10:15 PM
finance.yahoo.com logoETFs with exposure to TPI Composites, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 6:06 PM
americanbankingnews.com logoTPI Composites Inc (TPIC) Earns Overweight Rating from Analysts at Barclays PLC
www.americanbankingnews.com - April 6 at 8:55 AM
americanbankingnews.com logoTPI Composites Inc (TPIC) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 3 at 1:41 PM
finance.yahoo.com logoCoverage initiated on TPI Composites by Barclays
finance.yahoo.com - April 1 at 6:49 AM
americanbankingnews.com logoTPI Composites Inc (TPIC) Coverage Initiated at Barclays PLC
www.americanbankingnews.com - March 31 at 12:38 PM
globenewswire.com logoTPI Composites Expands its Relationship with Gamesa and Signs New Supply Agreement in Turkey - GlobeNewswire (press release)
globenewswire.com - March 29 at 7:31 AM
us.rd.yahoo.com logoTPI Composites Expands its Relationship with Gamesa and Signs New Supply Agreement in Turkey
us.rd.yahoo.com - March 28 at 8:10 PM
americanbankingnews.com logoTPI Composites' (TPIC) Buy Rating Reaffirmed at Canaccord Genuity
www.americanbankingnews.com - March 24 at 8:26 AM
finance.yahoo.com logoTPI COMPOSITES, INC Financials
finance.yahoo.com - March 24 at 2:14 AM
americanbankingnews.com logoTPI Composites Inc (TPIC) Expected to Earn Q1 2017 Earnings of $0.01 Per Share
www.americanbankingnews.com - March 21 at 8:49 AM
americanbankingnews.com logoTPI Composites Inc (TPIC) Earns Buy Rating from Canaccord Genuity
www.americanbankingnews.com - March 20 at 4:22 PM
streetinsider.com logoTPI Composites, Inc. (TPIC) Tops Q4 EPS by 5c
www.streetinsider.com - March 18 at 7:22 PM
biz.yahoo.com logoTPI COMPOSITES, INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 18 at 2:15 AM
finance.yahoo.com logoEdited Transcript of TPIC earnings conference call or presentation 17-Mar-17 12:00pm GMT
finance.yahoo.com - March 18 at 2:15 AM
globenewswire.com logoTPI to Manufacture Composite Bus Bodies for Proterra Catalyst® Zero-Emission, Battery-Electric Buses
globenewswire.com - March 17 at 3:29 AM
baystreet.ca logoTPI Composites (TPIC) Retreats with Loss on Way
www.baystreet.ca - March 17 at 3:29 AM
biz.yahoo.com logoQ4 2016 TPI Composites Inc Earnings Release - After Market Close
us.rd.yahoo.com - March 17 at 3:29 AM
us.rd.yahoo.com logo4:00 pm TPI Composites enters an agreement to supply Proterra with composite bus bodies for its Catalyst transit vehicles
us.rd.yahoo.com - March 17 at 3:29 AM
us.rd.yahoo.com logoTPI Composites, Inc. Announces Fourth Quarter and Full Year 2016 Earnings Results
us.rd.yahoo.com - March 17 at 3:29 AM
biz.yahoo.com logoTPI COMPOSITES, INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Fina
biz.yahoo.com - March 17 at 3:29 AM
americanbankingnews.com logoTPI Composites Inc (TPIC) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - March 15 at 8:19 AM
americanbankingnews.com logoTPI Composites Inc (TPIC) Upgraded to “Hold” by Zacks Investment Research
www.americanbankingnews.com - March 14 at 7:36 PM
biz.yahoo.com logoTPI COMPOSITES, INC Files SEC form 8-K/A, Entry into a Material Definitive Agreement, Creation of a Direct Financial
biz.yahoo.com - March 9 at 8:14 PM
finance.yahoo.com logoTPI Composites Inc. Announces Fourth Quarter & Full Year 2016 Earnings Release Date and Conference Call
finance.yahoo.com - March 4 at 2:07 AM
finance.yahoo.com logoIn-house or out? Blade strategy divides wind turbine makers
finance.yahoo.com - January 19 at 5:28 AM
us.rd.yahoo.com logoCoverage initiated on TPI Composites by ROTH Capital
us.rd.yahoo.com - January 18 at 2:45 AM
globenewswire.com logoTPI Composites Refinances Term Loan Facility - GlobeNewswire (press release)
globenewswire.com - January 8 at 5:40 AM
biz.yahoo.com logoTPI COMPOSITES, INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Ob
biz.yahoo.com - January 7 at 6:06 AM
biz.yahoo.com logoTPI COMPOSITES, INC Files SEC form 8-K/A, Entry into a Material Definitive Agreement, Financial Statements and Exhibi
biz.yahoo.com - January 7 at 6:06 AM
globenewswire.com logoTPI Composites Inc. to Participate at Upcoming Investor Conferences - GlobeNewswire (press release)
globenewswire.com - November 30 at 11:56 PM
finance.yahoo.com logoTPI Composites Inc. to Participate at Upcoming Investor Conferences
finance.yahoo.com - November 30 at 10:18 AM
businesswire.com logoROTH Capital Partners to Host New Industrials Corporate Access Day in New York City
www.businesswire.com - November 29 at 11:14 AM
nasdaq.com logoWeakness Seen in TPI Composites (TPIC) Estimates: Should You Stay Away? - Nasdaq
www.nasdaq.com - November 17 at 12:26 PM
seekingalpha.com logoUnderfollowed Growth Story Of TPI Composites, Inc.: A Trump Victim? - Seeking Alpha
seekingalpha.com - November 17 at 12:26 PM
finance.yahoo.com logoWeakness Seen in TPI Composites (TPIC) Estimates: Should You Stay Away?
finance.yahoo.com - November 16 at 11:51 AM
finance.yahoo.com logoEdited Transcript of TPIC earnings conference call or presentation 9-Nov-16 10:00pm GMT
finance.yahoo.com - November 10 at 11:32 AM
nasdaq.com logoTPI Composites Expands its Relationship with Nordex in Turkey
www.nasdaq.com - November 9 at 8:01 PM
biz.yahoo.com logoQ3 2016 TPI Composites Inc Earnings Release - After Market Close
biz.yahoo.com - November 9 at 10:53 AM
thestreet.com logo'Mad Money' Lightning Round: I'm Faithful to Opko Health's CEO
www.thestreet.com - October 14 at 11:03 AM
nasdaq.com logoTPI Composites Extends and Enters into New Contracts with General Electric International
www.nasdaq.com - October 13 at 7:56 PM
cnbc.com logoCramer: The right way to play master limited partnerships
www.cnbc.com - October 13 at 7:56 PM
biz.yahoo.com logoTPI COMPOSITES, INC Files SEC form 8-K, Entry into a Material Definitive Agreement
biz.yahoo.com - October 11 at 10:15 AM
reuters.com logoRev Group interviews investment banks for IPO: sources
www.reuters.com - September 20 at 4:31 PM
finance.yahoo.com logoDon’t Be Fooled
finance.yahoo.com - September 7 at 11:35 AM
benzinga.com logoCanaccord Sees 17% Upside In TPI Composites
www.benzinga.com - August 16 at 7:56 PM
benzinga.com logoThe Largest U.S. Wind Blade Company, TPI Composites, Initiated Bullish
www.benzinga.com - August 16 at 11:11 AM
biz.yahoo.com logoTPI COMPOSITES, INC Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - August 12 at 8:00 PM
finance.yahoo.com logo4:10 pm TPI Composites extends and expands its long-term agreement with Nordex to continue to supply wind blades from its existing Izmir, Turkey manufacturing facility through 2020
finance.yahoo.com - August 10 at 8:31 PM

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Frequently Asked Questions for TPI Composites (NASDAQ:TPIC)

What is TPI Composites' stock symbol?

TPI Composites trades on the NASDAQ under the ticker symbol "TPIC."

When will TPI Composites make its next earnings announcement?

TPI Composites is scheduled to release their next quarterly earnings announcement on Thursday, March, 16th 2017.

Where is TPI Composites' stock going? Where will TPI Composites' stock price be in 2017?

7 equities research analysts have issued 1 year price targets for TPI Composites' stock. Their forecasts range from $20.00 to $25.00. On average, they expect TPI Composites' share price to reach $22.14 in the next twelve months.

What are analysts saying about TPI Composites stock?

Here are some recent quotes from research analysts about TPI Composites stock:

  • 1. Canaccord Genuity analysts commented, "We continue to believe that ExOne gives investors a very compelling way to play the additive manufacturing space, and we think that shares are at quite attractive levels following the 4Q16 earnings report on March 16. The company has a significant opportunity within the industrial production space, and we think that global adoption of ExOne’s technologies is poised to expand. Moreover, we estimate that the company has a dominant market share within the sand binder jetting market, so the competitive threats do not appear that significant. As volumes rise —and we think they will—the company should have opportunity for expanded margins and eventually positive EBITDA. That could be a key catalyst for shares, as full-year adjusted EBITDA have been negative since the company became public." (3/20/2017)
  • 2. According to Zacks Investment Research, "TPI Composites, Inc. is the manufacturer of composite wind blades for the wind energy market. It operates primarily in the U.S., Mexico, China and Turkey. TPI Composites, Inc. is headquartered in Scottsdale, Arizona. " (3/14/2017)
  • 3. JPMorgan Chase & Co. analysts commented, "We are initiating coverage of TPIC at Overweight with a 2017 price target of $22.00. TPI Composites, a differentiated US-listed wind energy pure-play, is winning share of the growing market for outsourced wind-blade manufacturing. We believe the stock can appreciate significantly – earn a growth-multiple – based on solid execution of previously contracted revenues and further production-line expansion. New contract wins, with new and existing customers, could introduce upside to our estimates." (8/16/2016)

When did TPI Composites IPO?

(TPIC) raised $72 million in an IPO 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 owns TPI Composites stock?

TPI Composites' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Granite Investment Partners LLC (0.32%) and Sanders Morris Harris Inc. (0.13%). Company insiders that own TPI Composites stock include James Alton Hughes, Steven C Lockard, Steven G Fishbach and William E Siwek.

Who sold TPI Composites stock? Who is selling TPI Composites stock?

TPI Composites' stock was sold by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC.

Who bought TPI Composites stock? Who is buying TPI Composites stock?

TPI Composites' stock was purchased by a variety of institutional investors in the last quarter, including Sanders Morris Harris Inc.. Company insiders that have bought TPI Composites stock in the last two years include James Alton Hughes, Steven C Lockard, Steven G Fishbach and William E Siwek.

How do I buy TPI Composites stock?

Shares of TPI Composites can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of TPI Composites stock cost?

One share of TPI Composites stock can currently be purchased for approximately $19.84.

TPI Composites (TPIC) Chart for Thursday, April, 27, 2017

This page was last updated on 4/27/2017 by MarketBeat.com Staff