NASDAQ:TPIC TPI Composites (TPIC) Stock Forecast, Price & News $2.61 -0.06 (-2.25%) (As of 01:40 PM ET) Add Compare Share Share Today's Range$2.60▼$2.7750-Day Range$2.93▼$10.6652-Week Range$2.60▼$14.80Volume658,951 shsAverage Volume1.09 million shsMarket Capitalization$111.11 millionP/E RatioN/ADividend YieldN/APrice Target$13.42 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability TPI Composites MarketRank™ ForecastAnalyst RatingHold2.38 Rating ScoreUpside/Downside398.8% Upside$13.42 Price TargetShort InterestHealthy18.37% of Shares Sold ShortDividend StrengthN/ASustainability+2.17Upright™ Environmental ScoreNews SentimentN/AInsider TradingAcquiring Shares$103,820 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($3.24) to ($0.72) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.72 out of 5 starsIndustrial Products Sector70th out of 178 stocksEngines & Turbines Industry2nd out of 5 stocks 4.2 Analyst's Opinion Consensus RatingTPI Composites has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 5 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.42, TPI Composites has a forecasted upside of 398.8% from its current price of $2.69.Amount of Analyst CoverageTPI Composites has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted18.37% of the outstanding shares of TPI Composites have been sold short.Short Interest Ratio / Days to CoverTPI Composites has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in TPI Composites has recently decreased by 5.78%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTPI Composites does not currently pay a dividend.Dividend GrowthTPI Composites does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTPI Composites has received a 67.36% net impact score from Upright. The largest positive contribution comes from its "GHG emissions" impact, which is driven by its "Wind turbine blade covers" and "Wind turbine maintenance" products. See details.Environmental SustainabilityThe Environmental Impact score for TPI Composites is 2.17. Previous Next 2.6 News and Social Media Coverage News SentimentTPI Composites has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 1 news article for TPI Composites this week, compared to 2 articles on an average week.Search Interest7 people have searched for TPIC on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat Follows6 people have added TPI Composites to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TPI Composites insiders have bought more of their company's stock than they have sold. Specifically, they have bought $103,820.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.80% of the stock of TPI Composites is held by insiders.Percentage Held by Institutions93.45% of the stock of TPI Composites is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TPI Composites are expected to grow in the coming year, from ($3.24) to ($0.72) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TPI Composites is -0.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TPI Composites is -0.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTPI Composites has a P/B Ratio of 2.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TPI Composites (NASDAQ:TPIC) StockTPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs). The company 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. It operates in the United States, Mexico, Europe, the Middle East, Africa, and India. 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.Read More TPIC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TPIC Stock News HeadlinesSeptember 13, 2023 | finance.yahoo.comTPI Composites and University of Tennessee Knoxville Advance the Creation of Glass Fiber Yarns from Recycled Wind Turbine BladesSeptember 12, 2023 | msn.comTPI Composites: Cheap Due To Multiple Red FlagsSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 7, 2023 | msn.comMorgan Stanley Maintains TPI Composites (TPIC) Equal-Weight RecommendationAugust 21, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Industrial Goods Stocks: TPI Composites (TPIC) and Napco Security Technologies (NSSC)August 11, 2023 | msn.comTPI Composites cuts profit guidance after customer files for bankruptcyAugust 9, 2023 | markets.businessinsider.comPiper Sandler downgrades TPI Composites (TPIC) to a HoldAugust 8, 2023 | finance.yahoo.comWind Industry in Crisis as Problems MountSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. August 4, 2023 | finance.yahoo.comTPI Composites, Inc. (NASDAQ:TPIC) Q2 2023 Earnings Call TranscriptAugust 4, 2023 | finance.yahoo.comTPI Composites (TPIC) Q2 Earnings: How Key Metrics Compare to Wall Street EstimatesAugust 3, 2023 | msn.comTPI Composites (TPIC) Price Target Decreased by 12.44% to 14.35August 3, 2023 | finance.yahoo.comTPI Composites, Inc. Announces Second Quarter 2023 Earnings Results – Agrees with GE to Expand Capacity in Mexico and Renews Focus on QualityJuly 30, 2023 | finance.yahoo.com15 Biggest Green Tech Companies in the WorldJuly 28, 2023 | fool.comWhy TPI Composites Stock Plummeted This WeekJuly 28, 2023 | msn.comBTIG Downgrades TPI Composites (TPIC)July 28, 2023 | msn.comCraig-Hallum Downgrades TPI Composites (TPIC)July 27, 2023 | seekingalpha.comTPI Composites: A Spoon Is Dear When Lunchtime Is NearJuly 27, 2023 | markets.businessinsider.comRoth MKM downgrades TPI Composites (TPIC) to a HoldJuly 27, 2023 | marketwatch.comTPI Composites Shares Fall 14% After Releasing Preliminary 2Q ResultsJuly 27, 2023 | finance.yahoo.comTPI Composites, Inc. Reports Preliminary Estimated Second Quarter 2023 Earnings Results and Provides Updated Guidance for 2023July 20, 2023 | finance.yahoo.comTPI Composites, Inc. Appoints Neil Jones as Chief Quality OfficerJuly 18, 2023 | markets.businessinsider.comPiper Sandler Remains a Hold on TPI Composites (TPIC)July 13, 2023 | finance.yahoo.comTPI Composites, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference CallJuly 11, 2023 | finance.yahoo.comTPI Composites’ Senior Director of Innovation and Technology, Stephen Nolet is a Contributing Author in “Grand Challenges in the Design, Manufacture, and Operation of Future Wind Turbine Systems”July 11, 2023 | finance.yahoo.comTPI Composites (NASDAQ:TPIC) shareholders have endured a 67% loss from investing in the stock five years agoJune 29, 2023 | finance.yahoo.comWhy Shares in TPI Composites Gained Ground This WeekSee More Headlines Receive TPIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TPI Composites and its competitors with MarketBeat's FREE daily newsletter. Email Address TPIC Company Calendar Last Earnings8/03/2023Today9/27/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Engines & turbines Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:TPIC CUSIPN/A CIK1455684 Webwww.tpicomposites.com Phone(480) 305-8910FaxN/AEmployees13,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.42 High Stock Price Forecast$22.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+412.1%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($4.55) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-65,310,000.00 Net Margins-7.98% Pretax Margin-5.39% Return on Equity-623.20% Return on Assets-10.11% Debt Debt-to-Equity Ratio0.02 Current Ratio1.54 Quick Ratio1.52 Sales & Book Value Annual Sales$1.52 billion Price / Sales0.07 Cash FlowN/A Price / Cash FlowN/A Book Value$1.20 per share Price / Book2.18Miscellaneous Outstanding Shares42,570,000Free Float40,526,000Market Cap$111.53 million OptionableOptionable Beta1.79 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. William E. Siwek (Age 60)Pres, CEO & Director Comp: $1.64MMr. Ryan D. Miller (Age 48)Chief Financial Officer Comp: $655.56kMr. Adan Gossar (Age 49)Chief Accounting Officer Comp: $590.96kMr. Lance Morell Marram (Age 51)Chief Commercial Officer - Wind Comp: $744.47kMr. Jerry Lavine (Age 54)Pres of Automotive Comp: $770.34kMr. Adrian OprescuSVP of Technology & Global ProjectsMr. Theo GibsonChief Information OfficerChristian EdinSr. Director of Investor RelationsMr. Steven G. Fishbach Esq. (Age 53)Gen. Counsel & Sec. Ms. Deane IlukowiczChief People OfficerMore ExecutivesKey CompetitorsEasternNASDAQ:EMLLakeland IndustriesNASDAQ:LAKEUnifiNYSE:UFIARC Document SolutionsNYSE:ARCHurco CompaniesNASDAQ:HURCView All CompetitorsInsiders & InstitutionsBarclays PLCSold 9,036 shares on 9/21/2023Ownership: 0.038%Portside Wealth Group LLCBought 37,128 shares on 9/1/2023Ownership: 0.087%Ryan D MillerBought 10,000 shares on 8/25/2023Total: $44,500.00 ($4.45/share)Tyrone Michael JordanBought 2,000 shares on 8/21/2023Total: $10,320.00 ($5.16/share)Osaic Holdings Inc.Bought 4,081 shares on 8/21/2023Ownership: 0.045%View All Insider TransactionsView All Institutional Transactions TPIC Stock - Frequently Asked Questions Should I buy or sell TPI Composites stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research 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 forecast for 2023? 13 analysts have issued 12-month price objectives for TPI Composites' stock. Their TPIC share price forecasts range from $7.00 to $22.00. On average, they expect the company's stock price to reach $13.42 in the next year. This suggests a possible upside of 412.1% 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 2023? TPI Composites' stock was trading at $10.14 at the beginning of the year. Since then, TPIC stock has decreased by 74.2% and is now trading at $2.62. View the best growth stocks for 2023 here. When is TPI Composites' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our TPIC earnings forecast. How were TPI Composites' earnings last quarter? TPI Composites, Inc. (NASDAQ:TPIC) released its earnings results on Thursday, August, 3rd. The industrial products company reported ($1.90) EPS for the quarter, missing the consensus estimate of ($0.88) by $1.02. The industrial products company earned $381.27 million during the quarter, compared to the consensus estimate of $380.16 million. TPI Composites had a negative trailing twelve-month return on equity of 623.20% and a negative net margin of 7.98%. What ETFs hold TPI Composites' stock? ETFs with the largest weight of TPI Composites (NASDAQ:TPIC) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), Gen Z ETF (ZGEN), SPDR S&P Kensho Clean Power ETF (CNRG), AXS Green Alpha ETF (NXTE), Fidelity Clean Energy ETF (FRNW), Global X Wind Energy ETF (WNDY), SmartETFs Sustainable Energy II ETF (SOLR) and First Trust Global Wind Energy ETF (FAN). What guidance has TPI Composites issued on next quarter's earnings? TPI Composites issued an update on its second quarter 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $380.00 million-$380.00 million, compared to the consensus revenue estimate of $406.08 million. 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? (TPIC) raised $72 million in an initial public offering (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 served as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers. What is TPI Composites' stock symbol? TPI Composites trades on the NASDAQ under the ticker symbol "TPIC." Who are TPI Composites' major shareholders? TPI Composites' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (11.64%), Clean Energy Transition LLP (4.43%), Credit Suisse AG (4.11%), State Street Corp (3.77%), Handelsbanken Fonder AB (2.14%) and Geode Capital Management LLC (2.05%). Insiders that own company stock include Bam Partners Trust, Bryan Robert Schumaker, Daniel G Weiss, Daniel G Weiss, James Alton Hughes, Jerrold I Lavine, Mark Nunneley, Paul G Giovacchini, Ramesh Gopalakrishnan, Ryan D Miller, Steven C Lockard, Steven G Fishbach, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TPI Composites' stock price today? One share of TPIC stock can currently be purchased for approximately $2.62. How much money does TPI Composites make? TPI Composites (NASDAQ:TPIC) has a market capitalization of $111.53 million and generates $1.52 billion in revenue each year. The industrial products company earns $-65,310,000.00 in net income (profit) each year or ($4.55) on an earnings per share basis. How many employees does TPI Composites have? The company employs 13,500 workers across the globe. How can I contact TPI Composites? TPI Composites' mailing address is 8501 N. SCOTTSDALE ROAD GAINEY CENTER II SUITE 100, SCOTTSDALE AZ, 85253. The official website for the company is www.tpicomposites.com. The industrial products company can be reached via phone at (480) 305-8910 or via email at investors@tpicomposites.com. This page (NASDAQ:TPIC) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TPI Composites, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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