NASDAQ:TPIC - TPI Composites Stock Price, Price Target & More

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

TPI Composites (NASDAQ:TPIC) issued its earnings results on Thursday, May, 3rd. The industrial products company reported $0.24 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.20. The industrial products company had revenue of $254 million for the quarter, compared to analysts' expectations of $229.32 million. TPI Composites had a net margin of 4.92% and a return on equity of 28.51%. The firm's revenue was up 21.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.10 earnings per share. View TPI Composites' Earnings History.

TPI Composites is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for TPI Composites.

TPI Composites updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $0.38-0.42 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.39. The company issued revenue guidance of $1.00-1.05 billion, compared to the consensus revenue estimate of $1.02 billion.

7 Wall Street analysts have issued 12-month target prices for TPI Composites' stock. Their predictions range from $23.00 to $33.00. On average, they anticipate TPI Composites' stock price to reach $28.2857 in the next twelve months. View Analyst Ratings for TPI Composites.

Some companies that are related to TPI Composites include Mosenergo (AOMOY), China Yuchai International (CYD), Briggs & Stratton (BGG), Westport Fuel Systems (WPRT), Terra Tech (TRTC), Power Solutions International (PSIX), Capstone Turbine (CPST), REGI U.S. (RGUS), American Power Group Corp. Common Stock (APGI) and Coates International (COTE).

(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.

Headlines about TPIC stock have been trending positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TPI Composites earned a coverage optimism score of 0.46 on Accern's scale. They also gave press coverage about the industrial products company an impact score of 46.14 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

TPI Composites' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (5.03%), BlackRock Inc. (2.03%), Millennium Management LLC (1.57%), Thrivent Financial for Lutherans (1.35%), Loomis Sayles & Co. L P (1.34%) and Dimensional Fund Advisors LP (1.15%). Company insiders that own TPI Composites stock include Daniel G Weiss, Element Partners Ii Intrafund, Investors L P Angeleno II, Jack A Henry, James Alton Hughes, Landmark Equity Advisors Llc, Paul G Giovacchini, Philip J Deutch, Steven C Lockard, Steven G Fishbach and William E Siwek. View Institutional Ownership Trends for TPI Composites.

TPIC stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Millennium Management LLC, American Century Companies Inc., UBS Group AG, Loomis Sayles & Co. L P, GSA Capital Partners LLP, Northern Trust Corp and DekaBank Deutsche Girozentrale. Company insiders that have sold TPI Composites company stock in the last year include Daniel G Weiss, Investors L P Angeleno II, Landmark Equity Advisors Llc and Philip J Deutch. View Insider Buying and Selling for TPI Composites.

TPIC stock was purchased by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Trigran Investments Inc., Mackay Shields LLC, BlackRock Inc., Cortina Asset Management LLC, Dimensional Fund Advisors LP, Stanley Laman Group Ltd. and JPMorgan Chase & Co.. 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.

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

One share of TPIC stock can currently be purchased for approximately $26.29.

TPI Composites has a market capitalization of $896.41 million and generates $930.28 million in revenue each year. The industrial products company earns $43.69 million in net income (profit) each year or $1.25 on an earnings per share basis. TPI Composites employs 7,700 workers across the globe.

TPI Composites' mailing address is 8501 N. SCOTTSDALE ROAD GAINEY CENTER II SUITE 100, SCOTTSDALE AZ, 85253. The industrial products company can be reached via phone at 480-305-8910 or via email at [email protected]