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PFE   31.97 (-1.33%)
PYPL   56.70 (-3.78%)
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NASDAQ:TPIC

TPI Composites (TPIC) Stock Forecast, Price & News

$2.61
-0.06 (-2.25%)
(As of 01:40 PM ET)
Compare
Today's Range
$2.60
▼
$2.77
50-Day Range
$2.93
▼
$10.66
52-Week Range
$2.60
▼
$14.80
Volume
658,951 shs
Average Volume
1.09 million shs
Market Capitalization
$111.11 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.42
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

TPI Composites MarketRank™ Forecast

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
398.8% Upside
$13.42 Price Target
Short Interest
Healthy
18.37% of Shares Sold Short
Dividend Strength
N/A
Sustainability
+2.17
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$103,820 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($3.24) to ($0.72) Per Share

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 stars

Industrial Products Sector

70th out of 178 stocks

Engines & Turbines Industry

2nd out of 5 stocks

See Top Rated MarketRank™ Stocks Here

TPIC stock logo

About TPI Composites (NASDAQ:TPIC) Stock

TPI 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.

TPIC Price History

TPIC Stock News Headlines

September 13, 2023 | finance.yahoo.com
TPI Composites and University of Tennessee Knoxville Advance the Creation of Glass Fiber Yarns from Recycled Wind Turbine Blades
September 12, 2023 | msn.com
TPI Composites: Cheap Due To Multiple Red Flags
September 27, 2023 | Edge On The Street (Ad)
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September 7, 2023 | msn.com
Morgan Stanley Maintains TPI Composites (TPIC) Equal-Weight Recommendation
August 21, 2023 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: TPI Composites (TPIC) and Napco Security Technologies (NSSC)
August 11, 2023 | msn.com
TPI Composites cuts profit guidance after customer files for bankruptcy
August 9, 2023 | markets.businessinsider.com
Piper Sandler downgrades TPI Composites (TPIC) to a Hold
August 8, 2023 | finance.yahoo.com
Wind Industry in Crisis as Problems Mount
September 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.com
TPI Composites, Inc. (NASDAQ:TPIC) Q2 2023 Earnings Call Transcript
August 4, 2023 | finance.yahoo.com
TPI Composites (TPIC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
August 3, 2023 | msn.com
TPI Composites (TPIC) Price Target Decreased by 12.44% to 14.35
August 3, 2023 | finance.yahoo.com
TPI Composites, Inc. Announces Second Quarter 2023 Earnings Results – Agrees with GE to Expand Capacity in Mexico and Renews Focus on Quality
July 30, 2023 | finance.yahoo.com
15 Biggest Green Tech Companies in the World
July 28, 2023 | fool.com
Why TPI Composites Stock Plummeted This Week
July 28, 2023 | msn.com
BTIG Downgrades TPI Composites (TPIC)
July 28, 2023 | msn.com
Craig-Hallum Downgrades TPI Composites (TPIC)
July 27, 2023 | seekingalpha.com
TPI Composites: A Spoon Is Dear When Lunchtime Is Near
July 27, 2023 | markets.businessinsider.com
Roth MKM downgrades TPI Composites (TPIC) to a Hold
July 27, 2023 | marketwatch.com
TPI Composites Shares Fall 14% After Releasing Preliminary 2Q Results
July 27, 2023 | finance.yahoo.com
TPI Composites, Inc. Reports Preliminary Estimated Second Quarter 2023 Earnings Results and Provides Updated Guidance for 2023
July 20, 2023 | finance.yahoo.com
TPI Composites, Inc. Appoints Neil Jones as Chief Quality Officer
July 18, 2023 | markets.businessinsider.com
Piper Sandler Remains a Hold on TPI Composites (TPIC)
July 13, 2023 | finance.yahoo.com
TPI Composites, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call
July 11, 2023 | finance.yahoo.com
TPI 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.com
TPI Composites (NASDAQ:TPIC) shareholders have endured a 67% loss from investing in the stock five years ago
June 29, 2023 | finance.yahoo.com
Why Shares in TPI Composites Gained Ground This Week
See More Headlines
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TPIC Company Calendar

Last Earnings
8/03/2023
Today
9/27/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Engines & turbines
Sub-Industry
N/A
Sector
Industrial Products
Current Symbol
NASDAQ:TPIC
CUSIP
N/A
CIK
1455684
Web
www.tpicomposites.com
Phone
(480) 305-8910
Fax
N/A
Employees
13,500
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
13 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($4.55)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net 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 Ratio
0.02
Current Ratio
1.54
Quick Ratio
1.52

Sales & Book Value

Annual Sales
$1.52 billion
Price / Sales
0.07
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.20 per share
Price / Book
2.18

Miscellaneous

Outstanding Shares
42,570,000
Free Float
40,526,000
Market Cap
$111.53 million
Optionable
Optionable
Beta
1.79
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Key Executives

  • Mr. William E. SiwekMr. William E. Siwek (Age 60)
    Pres, CEO & Director
    Comp: $1.64M
  • Mr. Ryan D. Miller (Age 48)
    Chief Financial Officer
    Comp: $655.56k
  • Mr. Adan Gossar (Age 49)
    Chief Accounting Officer
    Comp: $590.96k
  • Mr. Lance Morell Marram (Age 51)
    Chief Commercial Officer - Wind
    Comp: $744.47k
  • Mr. Jerry Lavine (Age 54)
    Pres of Automotive
    Comp: $770.34k
  • Mr. Adrian Oprescu
    SVP of Technology & Global Projects
  • Mr. Theo Gibson
    Chief Information Officer
  • Christian Edin
    Sr. Director of Investor Relations
  • Mr. Steven G. Fishbach Esq. (Age 53)
    Gen. Counsel & Sec.
  • Ms. Deane Ilukowicz
    Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View 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

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