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Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
US Dollar Replaced By "Biden Bucks"? (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
US Dollar Replaced By "Biden Bucks"? (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
US Dollar Replaced By "Biden Bucks"? (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
NASDAQ:TPIC

TPI Composites - TPIC Stock Forecast, Price & News

$19.29
-0.84 (-4.17%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$18.76
$20.31
50-Day Range
$10.82
$24.55
52-Week Range
$9.23
$43.32
Volume
689,769 shs
Average Volume
835,852 shs
Market Capitalization
$719.27 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.92

TPI Composites MarketRank™ Forecast

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
6.3% Upside
$20.50 Price Target
Short Interest
Bearish
12.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
+2.17
Upright™ Environmental Score
News Sentiment
-0.33mentions of TPI Composites in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.48) to ($0.08) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.57 out of 5 stars

Industrial Products Sector

162nd out of 189 stocks

Engines & Turbines Industry

6th out of 7 stocks

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 transportation industry; and field service inspection and repair services to OEM customers and wind farm owners and operators. It operates in the United States, Asia, 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.

Analyst Upgrades and Downgrades

TPIC has been the subject of a number of recent research reports. Roth Capital raised shares of TPI Composites from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $11.00 to $16.00 in a research note on Friday, May 6th. JPMorgan Chase & Co. upgraded shares of TPI Composites from a "neutral" rating to an "overweight" rating and set a $27.00 target price on the stock in a research report on Monday, August 8th. UBS Group restated a "maintains" rating and set a $16.00 target price (up previously from $14.00) on shares of TPI Composites in a research report on Thursday, August 4th. Raymond James lowered shares of TPI Composites from a "strong-buy" rating to an "outperform" rating and raised their target price for the stock from $21.00 to $28.00 in a research report on Tuesday. Finally, BTIG Research decreased their target price on shares of TPI Composites to $20.00 in a research report on Tuesday, August 9th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $20.50.

TPI Composites Stock Down 10.1 %

Shares of TPIC opened at $20.13 on Wednesday. The company's fifty day moving average is $14.61 and its two-hundred day moving average is $13.45. TPI Composites has a fifty-two week low of $9.23 and a fifty-two week high of $43.32. The company has a quick ratio of 1.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.01. The firm has a market cap of $750.59 million, a PE ratio of -4.56 and a beta of 1.64.

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TPIC Stock News Headlines

TPI Composites (NASDAQ:TPIC) Raised to Hold at StockNews.com
TPI Composites (NASDAQ:TPIC) Trading Up 13% on Analyst Upgrade
TPI Composites (NASDAQ:TPIC) PT Raised to $20.00 at Cowen
TPI Composites (NASDAQ:TPIC) Stock Price Down 7.1%
TPI Composites (TPIC) Q2 2022 Earnings Call Transcript
TPI Composites Stock Continues To Climb
TPI Composites hires Ryan Miller as CFO
TPI Composites - Down But Not Out
See More Headlines
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TPIC Company Calendar

Last Earnings
11/07/2021
Today
8/17/2022
Next Earnings (Estimated)
11/14/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Engines & turbines
Sub-Industry
N/A
Current Symbol
NASDAQ:TPIC
Fax
N/A
Employees
14,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.50
High Stock Price Forecast
$28.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+3.2%
Consensus Rating
Hold
Rating Score (0-4)
2.46
Research Coverage
13 Analysts

Profitability

Net Income
$-159,550,000.00
Pretax Margin
-7.30%

Debt

Sales & Book Value

Annual Sales
$1.73 billion
Book Value
$3.10 per share

Miscellaneous

Free Float
35,796,000
Market Cap
$719.27 million
Optionable
Optionable
Beta
1.64














TPIC Stock - Frequently Asked Questions

Should I buy or sell TPI Composites stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 2022?

13 analysts have issued 1-year price targets for TPI Composites' stock. Their TPIC share price forecasts range from $12.00 to $28.00. On average, they predict the company's stock price to reach $20.50 in the next twelve months. This suggests a possible upside of 6.3% 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 2022?

TPI Composites' stock was trading at $14.96 at the beginning of the year. Since then, TPIC stock has increased by 28.9% and is now trading at $19.29.
View the best growth stocks for 2022 here
.

When is TPI Composites' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our TPIC earnings forecast
.

How were TPI Composites' earnings last quarter?

TPI Composites, Inc. (NASDAQ:TPIC) announced its quarterly earnings data on Sunday, November, 7th. The industrial products company reported ($0.83) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.82. The industrial products company had revenue of $479.60 million for the quarter, compared to analysts' expectations of $477.77 million. TPI Composites had a negative net margin of 8.16% and a negative trailing twelve-month return on equity of 77.45%. The business's revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.69 EPS.

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 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 acted 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 State Street Corp (3.74%), Credit Suisse AG (3.69%), Deutsche Bank AG (2.60%), Point72 Asset Management L.P. (1.86%), Green Alpha Advisors LLC (1.32%) and Royce & Associates LP (1.06%). Insiders that own company stock include Bryan Robert Schumaker, Daniel G Weiss, Daniel G Weiss, James Alton Hughes, Jayshree S Desai, Mark Nunneley, Paul G Giovacchini, Ramesh Gopalakrishnan, Steven C Lockard, Steven G Fishbach, Thomas J Castle, Thomas J Castle 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 $19.29.

How much money does TPI Composites make?

TPI Composites (NASDAQ:TPIC) has a market capitalization of $719.27 million and generates $1.73 billion in revenue each year. The industrial products company earns $-159,550,000.00 in net income (profit) each year or ($4.41) on an earnings per share basis.

How many employees does TPI Composites have?

The company employs 14,000 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 8/18/2022 by MarketBeat.com Staff

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