TPI Composites Company Profile (NASDAQ:TPIC)

About TPI Composites (NASDAQ: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: Wind Systems & Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:TPIC
  • CUSIP: N/A
  • Web: www.tpicomposites.com
Capitalization:
  • Market Cap: $677.96 million
  • Outstanding Shares: 32,799,000
Average Prices:
  • 50 Day Moving Avg: $19.32
  • 200 Day Moving Avg: $18.35
  • 52 Week Range: $13.27 - $23.30
P/E:
  • Trailing P/E Ratio: 38.99
  • Foreward P/E Ratio: 19.14
  • P/E Growth: 0.44
Sales & Book Value:
  • Annual Revenue: $824.3 million
  • Price / Sales: 0.82
  • Book Value: $3.83 per share
  • Price / Book: 5.40
Profitability:
  • EBIDTA: $66.17 million
  • Net Margins: 2.18%
  • Return on Equity: 18.24%
  • Return on Assets: 4.45%
Debt:
  • Debt-to-Equity Ratio: 0.70%
  • Current Ratio: 1.33%
  • Quick Ratio: 0.93%
Misc:
  • Average Volume: 200,461 shs.
  • Short Ratio: 2.68
 

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."

How were TPI Composites' earnings last quarter?

TPI Composites, Inc. (NASDAQ:TPIC) posted its quarterly earnings results on Tuesday, August, 8th. The company reported $0.41 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.27. The company had revenue of $248.19 million for the quarter, compared to the consensus estimate of $225.36 million. TPI Composites had a return on equity of 18.24% and a net margin of 2.18%. The business's revenue for the quarter was up 27.8% on a year-over-year basis. View TPI Composites' Earnings History.

When will TPI Composites make its next earnings announcement?

TPI Composites is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for TPI Composites.

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

6 equities research analysts have issued 1 year price objectives for TPI Composites' stock. Their predictions range from $20.00 to $28.00. On average, they expect TPI Composites' share price to reach $24.83 in the next year. View Analyst Ratings for TPI Composites.

What are analysts saying about TPI Composites stock?

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

  • 1. 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. " (8/11/2017)
  • 2. 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)

Who are some of TPI Composites' key competitors?

Who are TPI Composites' key executives?

TPI Composites' management team includes the folowing people:

  • Paul G. Giovacchini, Independent Chairman of the Board
  • Steven C. Lockard, President, Chief Executive Officer, Director
  • William E. Siwek, Chief Financial Officer
  • Mark R. McFeely, Chief Operating Officer
  • Lars Moller, Executive Vice President —Business Development and Strategy
  • Thomas J. Castle, Senior Vice President — North American Wind Operations and Global Operational Excellence
  • Steven G. Fishbach, General Counsel, Secretary
  • Wayne G. Monie, Chief Manufacturing Technology Officer
  • Stephen B. Bransfield, Independent Director
  • Michael L. DeRosa, Independent Director

When did TPI Composites IPO?

(TPIC) raised $72 million in an initial public offering (IPO) on Friday, July 22nd 2016. The company issued 6,300,000 shares at $11.00-$12.00 per share. J.P. Morgan and Morgan Stanley served 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 a variety of of institutional and retail investors. Top institutional investors include FMR LLC (4.74%), General Electric Co. (2.74%), Handelsbanken Fonder AB (2.02%), Vanguard Group Inc. (1.48%), Bank of New York Mellon Corp (1.10%) and Wasatch Advisors Inc. (0.99%). Company insiders that own TPI Composites stock include Element Partners Ii Intrafund, Jack A Henry, James Alton Hughes, Paul G Giovacchini, Steven C Lockard, Steven G Fishbach and William E Siwek. View Institutional Ownership Trends for TPI Composites.

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 General Electric Co., GAM Holding AG, Granite Investment Partners LLC, Columbia Partners L L C Investment Management, GCA Investment Management LLC, Dynamic Technology Lab Private Ltd, Essex Investment Management Co. LLC and New York State Common Retirement Fund. Company insiders that have sold TPI Composites stock in the last year include Element Partners Ii Intrafund, Paul G Giovacchini and Steven C Lockard. View Insider Buying and Selling for TPI Composites.

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 FMR LLC, Handelsbanken Fonder AB, Bank of New York Mellon Corp, Bamco Inc. NY, Vanguard Group Inc., Marshall Wace North America L.P., Rice Hall James & Associates LLC and Schwab Charles Investment Management Inc.. Company insiders that have bought TPI Composites stock in the last two years include Jack A Henry, James Alton Hughes, Steven C Lockard, Steven G Fishbach and William E Siwek. View Insider Buying and Selling for TPI Composites.

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.

What is TPI Composites' stock price today?

One share of TPI Composites stock can currently be purchased for approximately $20.67.


MarketBeat Community Rating for TPI Composites (NASDAQ TPIC)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  62 (Vote Outperform)
Underperform Votes:  45 (Vote Underperform)
Total Votes:  107
MarketBeat's community ratings are surveys of what our community members think about TPI Composites and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TPI Composites (NASDAQ:TPIC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $24.83 (20.14% upside)

Analysts' Ratings History for TPI Composites (NASDAQ:TPIC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/11/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$27.00HighView Rating Details
8/9/2017Roth CapitalBoost Price TargetBuy$23.00 -> $28.00N/AView Rating Details
8/4/2017Cowen and CompanySet Price TargetBuy$26.00N/AView Rating Details
5/8/2017Barclays PLCSet Price TargetBuy$23.00LowView Rating Details
3/20/2017Canaccord GenuityReiterated RatingBuyMediumView 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
(Data available from 8/21/2015 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
11/7/2017$0.21N/AView Earnings Details
8/8/2017Q2 2017$0.14$0.41$225.36 million$248.19 millionViewListenView Earnings Details
5/8/20173/31/2017$0.11$0.10$213.26 million$191.60 millionViewListenView Earnings Details
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)
Insider Ownership Percentage: 73.70%
Institutional Ownership Percentage: 23.41%
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
8/16/2017Jack A HenryDirectorBuy3,400$21.70$73,780.00View SEC Filing  
5/31/2017Jack A HenryDirectorBuy4,400$16.82$74,008.00View SEC Filing  
5/17/2017Element Partners Ii IntrafundMajor ShareholderSell1,132,572$16.35$18,517,552.20View SEC Filing  
5/17/2017Paul G GiovacchiniDirectorSell1,245,348$16.35$20,361,439.80View SEC Filing  
5/17/2017Steven C LockardInsiderSell135,333$16.35$2,212,694.55View SEC Filing  
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$251.31 Million in Sales Expected for TPI Composites, Inc. (TPIC) This Quarter
www.americanbankingnews.com - August 20 at 7:50 AM
americanbankingnews.com logoInsider Buying: TPI Composites, Inc. (TPIC) Director Purchases 3,400 Shares of Stock
www.americanbankingnews.com - August 17 at 8:50 PM
finance.yahoo.com logoTPI and Senvion Sign Wind Blade Supply Agreement and Cooperate on RodPack Technology
finance.yahoo.com - August 15 at 7:47 AM
americanbankingnews.com logoTPI Composites, Inc. (NASDAQ:TPIC) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - August 13 at 8:32 PM
americanbankingnews.com logoTPI Composites, Inc. (NASDAQ:TPIC) Lowered to Neutral at J P Morgan Chase & Co
www.americanbankingnews.com - August 13 at 5:16 PM
finance.yahoo.com logoTPI Composites, Inc. :TPIC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 11 at 8:53 AM
finance.yahoo.com logoTPI Composites, Inc. :TPIC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 11 at 8:53 AM
finance.yahoo.com logoTPI Composites, Inc.: Leads amongst peers with strong fundamentals
finance.yahoo.com - August 11 at 8:53 AM
finance.yahoo.com logoTPI Composites, Inc.: Leads amongst peers with strong fundamentals
finance.yahoo.com - August 11 at 8:53 AM
americanbankingnews.com logoTPI Composites, Inc. (TPIC) Issues Quarterly Earnings Results, Beats Estimates By $0.27 EPS
www.americanbankingnews.com - August 10 at 3:16 PM
finance.yahoo.com logoInvestor Network: TPI Composites, Inc. to Host Earnings Call
finance.yahoo.com - August 9 at 8:23 AM
finance.yahoo.com logoTPI Composites, Inc. Announces Second Quarter 2017 Earnings Results and the Signing of a New Supply Agreement for Two Lines in China
finance.yahoo.com - August 9 at 8:23 AM
finance.yahoo.com logoEdited Transcript of TPIC earnings conference call or presentation 8-Aug-17 9:00pm GMT
finance.yahoo.com - August 9 at 8:23 AM
finance.yahoo.com logoTPI Composites beats Street 2Q forecasts
finance.yahoo.com - August 9 at 8:23 AM
americanbankingnews.com logoTPI Composites, Inc. (NASDAQ:TPIC) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - August 8 at 11:04 AM
finance.yahoo.com logoTPI Composites, Inc. Adds Global Energy Executive as Chief Commercial Officer
finance.yahoo.com - August 8 at 7:38 AM
americanbankingnews.com logoTPI Composites, Inc. (TPIC) Given a $26.00 Price Target at Cowen and Company
www.americanbankingnews.com - August 5 at 10:46 PM
finance.yahoo.com logoTPI Composites, Inc. to Participate at Upcoming Investor Conferences
finance.yahoo.com - August 4 at 9:11 AM
americanbankingnews.com logoTPI Composites, Inc. (NASDAQ:TPIC) Expected to Post Quarterly Sales of $221.20 Million
www.americanbankingnews.com - August 1 at 8:01 AM
americanbankingnews.com logoTPI Composites, Inc. (TPIC) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 1 at 7:31 AM
americanbankingnews.com logo Analysts Anticipate TPI Composites, Inc. (TPIC) to Announce $0.15 Earnings Per Share
www.americanbankingnews.com - July 31 at 12:32 AM
americanbankingnews.com logoTPI Composites, Inc. (NASDAQ:TPIC) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - July 23 at 8:52 PM
finance.yahoo.com logoTPI Composites Inc. Announces Second Quarter 2017 Earnings Release Date and Conference Call
finance.yahoo.com - July 18 at 9:13 AM
americanbankingnews.com logoTPI Composites (TPIC) vs. Broadwind Energy (BWEN) Critical Analysis
www.americanbankingnews.com - July 16 at 6:20 PM
americanbankingnews.com logoTPI Composites, Inc. (TPIC) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 14 at 11:20 AM
americanbankingnews.com logoBroadwind Energy (BWEN) & TPI Composites (TPIC) Head to Head Contrast
www.americanbankingnews.com - July 10 at 12:20 PM
americanbankingnews.com logo$221.20 Million in Sales Expected for TPI Composites, Inc. (TPIC) This Quarter
www.americanbankingnews.com - July 8 at 8:24 AM
americanbankingnews.com logo$0.15 Earnings Per Share Expected for TPI Composites, Inc. (NASDAQ:TPIC) This Quarter
www.americanbankingnews.com - July 6 at 8:28 PM
finance.yahoo.com logoTPI Composites, Inc. breached its 50 day moving average in a Bearish Manner : TPIC-US : June 19, 2017
finance.yahoo.com - June 20 at 8:43 AM
americanbankingnews.com logoTPI Composites, Inc. (TPIC) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 19 at 11:01 AM
americanbankingnews.com logoTPI Composites, Inc. (TPIC) Sees Large Drop in Short Interest
www.americanbankingnews.com - June 15 at 4:26 PM
americanbankingnews.com logoZacks: Brokerages Anticipate TPI Composites, Inc. (TPIC) Will Announce Quarterly Sales of $221.20 Million
www.americanbankingnews.com - June 14 at 10:00 AM
americanbankingnews.com logo$0.15 EPS Expected for TPI Composites, Inc. (TPIC) This Quarter
www.americanbankingnews.com - June 12 at 8:28 PM
finance.yahoo.com logoETFs with exposure to TPI Composites, Inc. : June 9, 2017
finance.yahoo.com - June 9 at 11:53 PM
finance.yahoo.com logoTPI Composites, Inc. :TPIC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 8, 2017
finance.yahoo.com - June 8 at 3:58 PM
americanbankingnews.com logoTPI Composites Inc (TPIC) Director Acquires $74,008.00 in Stock
www.americanbankingnews.com - June 1 at 8:32 PM
americanbankingnews.com logoTPI Composites Inc (TPIC) PT Set at $23.00 by Roth Capital
www.americanbankingnews.com - May 27 at 9:34 AM
americanbankingnews.com logoTPI Composites Inc (TPIC) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 23 at 10:30 AM
americanbankingnews.com logo$221.2 Million in Sales Expected for TPI Composites Inc (TPIC) This Quarter
www.americanbankingnews.com - May 21 at 4:22 PM
americanbankingnews.com logoInsider Selling: TPI Composites Inc (TPIC) Director Sells 1,245,348 Shares of Stock
www.americanbankingnews.com - May 18 at 7:27 PM
americanbankingnews.com logoTPI Composites Inc (TPIC) Major Shareholder Element Partners Ii Intrafund Sells 1,132,572 Shares
www.americanbankingnews.com - May 18 at 7:27 PM
americanbankingnews.com logoTPI Composites Inc (TPIC) Insider Steven C. Lockard Sells 135,333 Shares
www.americanbankingnews.com - May 18 at 7:27 PM
americanbankingnews.com logoZacks: Analysts Anticipate TPI Composites Inc (TPIC) Will Announce Earnings of $0.14 Per Share
www.americanbankingnews.com - May 16 at 7:56 AM
reuters.com logoBRIEF-TPI COMPOSITES INC ANNOUNCES PRICING OF PUBLIC OFFERING
www.reuters.com - May 12 at 3:48 PM
nasdaq.com logoTPI Composites, Inc. Announces Pricing of Public Offering
www.nasdaq.com - May 12 at 2:35 AM
finance.yahoo.com logoTPI Composites, Inc. Announces Launch of Public Offering
finance.yahoo.com - May 9 at 7:47 PM
americanbankingnews.com logoBarclays PLC Analysts Give TPI Composites Inc (TPIC) a $23.00 Price Target
www.americanbankingnews.com - May 9 at 6:52 PM
americanbankingnews.com logoTPI Composites Inc (TPIC) Posts Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - May 9 at 10:22 AM
finance.yahoo.com logoEdited Transcript of TPIC earnings conference call or presentation 8-May-17 9:00pm GMT
finance.yahoo.com - May 9 at 10:00 AM
globenewswire.com logoTPI Composites, Inc. Provides Update on Potential Secondary Offering of Common Stock
globenewswire.com - May 8 at 7:48 PM

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Chart

TPI Composites (TPIC) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff