TPI Composites Stock Forecast, Price & News

TPI Composites (NASDAQ:TPIC) Frequently Asked Questions

Is TPI Composites a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 2 sell ratings, 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research 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.

How has TPI Composites' stock price been impacted by COVID-19?

TPI Composites' stock was trading at $17.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TPIC stock has decreased by 3.6% and is now trading at $16.45.
View which stocks have been most impacted by COVID-19.

Are investors shorting TPI Composites?

TPI Composites saw a increase in short interest in the month of October. As of October 29th, there was short interest totaling 4,620,000 shares, an increase of 16.7% from the October 14th total of 3,960,000 shares. Based on an average daily volume of 656,900 shares, the days-to-cover ratio is currently 7.0 days. Currently, 12.8% of the company's shares are short sold.
View TPI Composites' Short Interest.

When is TPI Composites' next earnings date?

TPI Composites is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for TPI Composites.

How were TPI Composites' earnings last quarter?

TPI Composites, Inc. (NASDAQ:TPIC) released its earnings results on Sunday, November, 7th. The industrial products company reported ($0.83) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.82. The industrial products company had revenue of $479.60 million for the quarter, compared to the consensus estimate of $477.77 million. TPI Composites had a negative net margin of 3.71% and a negative trailing twelve-month return on equity of 25.17%. TPI Composites's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the business posted $0.69 EPS.
View TPI Composites' earnings history.

What guidance has TPI Composites issued on next quarter's earnings?

TPI Composites issued an update on its FY 2021 earnings guidance on Monday, November, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.72 billion-$1.74 billion, compared to the consensus revenue estimate of $1.77 billion.

What price target have analysts set for TPIC?

16 equities research analysts have issued 12 month price objectives for TPI Composites' shares. Their forecasts range from $20.00 to $78.00. On average, they expect TPI Composites' stock price to reach $43.53 in the next year. This suggests a possible upside of 164.6% from the stock's current price.
View analysts' price targets for TPI Composites or view top-rated stocks among Wall Street analysts.

Who are TPI Composites' key executives?

TPI Composites' management team includes the following people:

• William E. Siwek, President, Chief Executive Officer & Director (LinkedIn Profile)
• Thomas J. Castle, Senior VP-Operations & Strategic Markets (LinkedIn Profile)
• Bryan Robert Schumaker, Chief Financial Officer
• Theo Gibson, Chief Information Officer
• James Schimanski, Vice President-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 Public Joint Stock Company Mosenergo (AOMOY), China Yuchai International (CYD), Westport Fuel Systems (WPRT), Unrivaled Brands (UNRV), Power Solutions International (PSIX), Unrivaled Brands (TRTC), Capstone Green Energy (CGRN), Novo Integrated Sciences (NVOS), Briggs & Stratton (BGGSQ), American Power Group (APGI), 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 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 shareholders include BlackRock Inc. (9.79%), Schroder Investment Management Group (6.63%), Morgan Stanley (4.50%), Invesco Ltd. (2.55%), Dimensional Fund Advisors LP (1.97%) and Rockefeller Capital Management L.P. (1.87%). Company insiders that own TPI Composites 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 for TPI Composites.

Which institutional investors are selling TPI Composites stock?

TPIC stock was sold by a variety of institutional investors in the last quarter, including Caxton Associates LP, Credit Suisse AG, Handelsbanken Fonder AB, Invesco Ltd., DekaBank Deutsche Girozentrale, New York State Common Retirement Fund, Bamco Inc. NY, and Wasatch Advisors Inc.. Company insiders that have sold TPI Composites company stock in the last year include Bryan Robert Schumaker, Daniel G Weiss, James Alton Hughes, Mark Nunneley, Paul G Giovacchini, Ramesh Gopalakrishnan, Steven C Lockard, Steven G Fishbach, Thomas J Castle, and William E Siwek.
View insider buying and selling activity for TPI Composites or view top insider-selling stocks.

Which institutional investors are buying TPI Composites stock?

TPIC stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Two Sigma Investments LP, Sycomore Asset Management, Achmea Investment Management B.V., Two Sigma Advisers LP, Renaissance Technologies LLC, Goldman Sachs Group Inc., and Voloridge Investment Management LLC. Company insiders that have bought TPI Composites stock in the last two years include Jayshree S Desai, Steven C Lockard, and William E Siwek.
View insider buying and selling activity for TPI Composites or or view top insider-buying stocks.

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.
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What is TPI Composites' stock price today?

One share of TPIC stock can currently be purchased for approximately $16.45.

How much money does TPI Composites make?

TPI Composites has a market capitalization of $609.82 million and generates $1.67 billion in revenue each year. The industrial products company earns $-19.03 million in net income (profit) each year or ($1.82) on an earnings per share basis.

How many employees does TPI Composites have?

TPI Composites employs 14,900 workers across the globe.

What is TPI Composites' official website?

The official website for TPI Composites is www.tpicomposites.com.

Where are TPI Composites' headquarters?

TPI Composites is headquartered at 8501 N. SCOTTSDALE ROAD GAINEY CENTER II SUITE 100, SCOTTSDALE AZ, 85253.

How can I contact TPI Composites?

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].