Positive News Sentiment NASDAQ:TPIC TPI Composites Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $11.44 -0.99 (-7.96%) (As of 07/5/2022 02:27 PM ET) Add Compare Share Today's Range$11.04▼$11.8550-Day Range$10.02▼$15.3452-Week Range$9.23▼$48.97Volume9,272 shsAverage Volume434,722 shsMarket Capitalization$426.25 millionP/E RatioN/ADividend YieldN/APrice Target$22.36 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability TPI Composites MarketRank™ ForecastAnalyst RatingHold2.31 Rating ScoreUpside/Downside100.9% Upside$22.36 Price TargetShort InterestBearish11.98% of Float Sold ShortDividend StrengthN/ASustainability+2.17Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.39) to ($0.20) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.98 out of 5 starsIndustrial Products Sector112th out of 215 stocksEngines & Turbines Industry4th out of 10 stocks 3.2 Analyst's Opinion Consensus RatingTPI Composites has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 3 buy ratings, 8 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.36, TPI Composites has a forecasted upside of 100.9% from its current price of $11.13.Amount of Analyst CoverageTPI Composites has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.98% of the float of TPI Composites has been sold short.Short Interest Ratio / Days to CoverTPI Composites has a short interest ratio ("days to cover") of 7.4.Change versus previous monthShort interest in TPI Composites has recently increased by 12.14%, indicating that investor sentiment is decreasing 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 3.7 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 2.7 News and Social Media Coverage News SentimentTPI Composites has a news sentiment score of 1.89. 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 higher news sentiment than the 0.60 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 1 news article for TPI Composites this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for TPIC on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added TPI Composites to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TPI Composites insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.00% of the stock of TPI Composites is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TPI Composites are expected to grow in the coming year, from ($1.39) to ($0.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TPI Composites is -2.22, 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 -2.22, 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 3.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 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 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.Read More TPIC Stock News HeadlinesJune 21, 2022 | americanbankingnews.comBrokerages Set TPI Composites, Inc. (NASDAQ:TPIC) Target Price at $26.08June 12, 2022 | americanbankingnews.comTPI Composites (NASDAQ:TPIC) Trading 2.2% Higher May 23, 2022 | seekingalpha.comTPI Composites hires Ryan Miller as CFOMay 23, 2022 | marketwatch.comTPI Composites Names Ryan Miller as Financial Chief >TPICMay 23, 2022 | nasdaq.comTPI Composites Names Ryan Miller As New CFOMay 23, 2022 | benzinga.comTPI Composites, Inc. Appoints Ryan Miller as CFOMay 23, 2022 | seekingalpha.comTPI Composites - Down But Not OutMay 19, 2022 | finance.yahoo.comTPI Composites Announces Further Corporate Governance EnhancementsMay 6, 2022 | finance.yahoo.comTPI Composites (TPIC) Q1 2022 Earnings Call TranscriptMay 6, 2022 | finance.yahoo.comWhy TPI Composites Stock Jumped 20% Today in a Down MarketMay 5, 2022 | investing.comTPI Composites, Inc. Tops Q1 EPS by 16cMay 5, 2022 | seekingalpha.comTPI Composites, Inc. (TPIC) CEO William Siwek on Q1 2022 Results - Earnings Call TranscriptMay 5, 2022 | finance.yahoo.comTPI Composites (TPIC) Reports Q1 Loss, Misses Revenue EstimatesMay 5, 2022 | finance.yahoo.comTPI Composites, Inc. Announces First Quarter 2022 Earnings Results – Cost Mitigation Efforts and Transition Efficiencies Drive Solid ResultsMay 4, 2022 | seekingalpha.comTPI Composites Q1 2022 Earnings PreviewMay 4, 2022 | finance.yahoo.comSiteOne Landscape (SITE) Tops Q1 Earnings and Revenue EstimatesApril 25, 2022 | finance.yahoo.comTPI Composites, Inc.'s (NASDAQ:TPIC) Shift From Loss To ProfitApril 19, 2022 | finance.yahoo.comTPI Composites, Inc. Announces First Quarter 2022 Earnings Release Date and Conference CallApril 18, 2022 | theglobeandmail.comInstrument Name Tpi Composites Inc Instrument Symbol (TPIC-Q)March 31, 2022 | finance.yahoo.comTPI Composites, Inc. Publishes its Annual Sustainability Report Highlighting Its Goal to Set the ESG “Gold Standard”March 10, 2022 | finance.yahoo.comHere’s Why TPI Composites (TPIC) Landed in Saturna Capital’s Detractor ListFebruary 25, 2022 | seekingalpha.comTPI Composites drops 18% despite achieving record FY salesFebruary 25, 2022 | finance.yahoo.comTPI Composites (TPIC) Q4 2021 Earnings Call TranscriptFebruary 24, 2022 | nasdaq.comTPI Composites (TPIC) Reports Q4 Loss, Tops Revenue EstimatesFebruary 24, 2022 | apnews.comTPI Composites: Q4 Earnings SnapshotSee More Headlines Industry, 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/AEmployees14,000Year FoundedN/ACompany Calendar Last Earnings5/05/2022Today7/05/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$22.36 High Stock Price Forecast$36.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+95.5%Consensus RatingHold Rating Score (0-4)2.30769230769231 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($5.01) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-159,550,000.00 Net Margins-10.13% Pretax Margin-7.98% Return on Equity-88.53% Return on Assets-12.57% Debt Debt-to-Equity Ratio0.04 Current Ratio1.45 Quick Ratio1.40 Sales & Book Value Annual Sales$1.73 billion Price / Sales0.25 Cash FlowN/A Price / Cash FlowN/A Book Value$3.29 per share Price / Book3.48Miscellaneous Outstanding Shares37,260,000Free Float35,768,000Market Cap$426.25 million OptionableOptionable Beta1.54 TPI Composites 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 year. There are currently 1 sell rating, 8 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TPI Composites stock. 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 analyst ratings for TPI Composites or view top-rated stocks. What is TPI Composites' stock price forecast for 2022? 13 equities research analysts have issued 1-year price objectives for TPI Composites' shares. Their TPIC stock forecasts range from $14.00 to $36.00. On average, they expect TPI Composites' share price to reach $22.36 in the next twelve months. This suggests a possible upside of 96.3% from the stock's current price. View analysts' price targets for TPI Composites or view top-rated stocks among Wall Street analysts. How has TPI Composites' stock performed in 2022? TPI Composites' stock was trading at $14.96 at the start of the year. Since then, TPIC stock has decreased by 23.9% and is now trading at $11.39. View the best growth stocks for 2022 here. When is TPI Composites' next earnings date? TPI Composites is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for TPI Composites. How were TPI Composites' earnings last quarter? TPI Composites, Inc. (NASDAQ:TPIC) released its quarterly earnings data on Thursday, May, 5th. The industrial products company reported ($0.71) earnings per share for the quarter, beating analysts' consensus estimates of ($0.94) by $0.23. The industrial products company earned $384.90 million during the quarter, compared to analyst estimates of $392.92 million. TPI Composites had a negative net margin of 10.13% and a negative trailing twelve-month return on equity of 88.53%. The company's revenue was down 4.9% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.05) earnings per share. View TPI Composites' earnings history. Who are TPI Composites' key executives? TPI Composites' management team includes the following people: Mr. William E. Siwek, Pres, CEO & Director (Age 59, Pay $1.53M) (LinkedIn Profile)Mr. Adan Gossar, Chief Accounting Officer (Age 48, Pay $510.77k)Mr. Steven G. Fishbach Esq., Gen. Counsel & Sec. (Age 52, Pay $627.04k)Mr. Ramesh Gopalakrishnan, Pres & Chief Operating Officer - Wind (Age 54, Pay $725.69k) (LinkedIn Profile)Mr. Ryan D. Miller, Chief Financial OfficerMr. Adrian Oprescu, SVP of Technology & Global ProjectsMr. Theo Gibson, Chief Information OfficerChristian Edin, Sr. Director of Investor RelationsMs. Deane Ilukowicz, Chief People OfficerMr. James G. Schimanski, Sr. VP of Global Supply Chain What is William E. Siwek's approval rating as TPI Composites' CEO? 4 employees have rated TPI Composites CEO William E. Siwek on Glassdoor.com. William E. Siwek has an approval rating of 100% among TPI Composites' employees. This puts William E. Siwek in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of TPI Composites' key competitors? Some companies that are related to TPI Composites include China Yuchai International (CYD), Westport Fuel Systems (WPRT), Novo Integrated Sciences (NVOS), Power Solutions International (PSIX), Unrivaled Brands (UNRV), Capstone Green Energy (CGRN), American Power Group (APGI), Unrivaled Brands (TRTC), Briggs & Stratton (BGGSQ), REGI U.S. (RGUS) and Coates International (COTE). View all of TPIC's competitors. 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 $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." How do I buy shares of 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 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 $11.39. How much money does TPI Composites make? TPI Composites (NASDAQ:TPIC) has a market capitalization of $424.39 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 ($5.01) on an earnings per share basis. How many employees does TPI Composites have? TPI Composites 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 TPI Composites 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 7/5/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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