TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers. The company also provides composite solutions for the transportation industry. It operates in the United States, Asia, Mexico, Europe, the Middle East, and Africa. 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Engines & turbines
Sub-IndustryN/A
SectorIndustrial Products
SymbolNASDAQ:TPIC
CUSIPN/A
Phone480-305-8910
Debt
Debt-to-Equity Ratio0.34
Current Ratio1.72
Quick Ratio1.71
Price-To-Earnings
Trailing P/E Ratio23.88
Forward P/E Ratio76.54
P/E GrowthN/A
Sales & Book Value
Annual Sales$930.28 million
Price / Sales1.09
Cash Flow$1.8426 per share
Price / Cash16.20
Book Value$4.72 per share
Price / Book6.32
Profitability
EPS (Most Recent Fiscal Year)$1.25
Net Income$43.69 million
Net Margins4.92%
Return on Equity28.51%
Return on Assets8.68%
Miscellaneous
Employees7,700
Outstanding Shares34,100,000
Market Cap$1,058.03
TPI Composites (NASDAQ:TPIC) Frequently Asked Questions
What is TPI Composites' stock symbol?
TPI Composites trades on the NASDAQ under the ticker symbol "TPIC."
How were TPI Composites' earnings last quarter?
TPI Composites Inc (NASDAQ:TPIC) issued its quarterly earnings results on Thursday, May, 3rd. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.20. The industrial products company had revenue of $254 million for the quarter, compared to analyst estimates of $229.32 million. TPI Composites had a net margin of 4.92% and a return on equity of 28.51%. TPI Composites's revenue for the quarter was up 21.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.10 EPS. View TPI Composites' Earnings History.
When is TPI Composites' next earnings date?
What guidance has TPI Composites issued on next quarter's earnings?
TPI Composites updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $0.38-0.42 for the period, compared to the Thomson Reuters consensus EPS 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.
What price target have analysts set for TPIC?
8 Wall Street analysts have issued 12-month target prices for TPI Composites' shares. Their predictions range from $26.00 to $37.00. On average, they expect TPI Composites' share price to reach $31.4375 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Ratings for TPI Composites.
What is the consensus analysts' recommendation for TPI Composites?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about TPI Composites stock?
Here are some recent quotes from research analysts about TPI Composites stock:
- 1. Canaccord Genuity analysts commented, "TPI Composites is a leading independent manufacturer of composite wind turbine blades to key turbine OEMs globally. In the midst of rapid (yet variable) wind market growth and an ongoing OEM productivity/secular shift towards outsourcing, TPI’s recent share gains and IPO are helping to fund capex for expansions, new builds and strategic initiatives. Investment highlights We stay constructive, as the company’s position in the global wind market stays differentiated, along with management’s efforts to use the coming months to retool, realign and pursue platform expansions (like the previously announced electric vehicle marketplace with Proterra, potential future offshore wind activity, and other adjacent commercial areas)." (4/27/2018)
- 2. According to Zacks Investment Research, "TPI Composites, Inc. is the manufacturer of composite wind blades for the wind energy market. It operates primarily in the U.S., Mexico, China and Turkey. TPI Composites, Inc. is headquartered in Scottsdale, Arizona. " (4/12/2018)
Who are some of TPI Composites' key competitors?
Who are TPI Composites' key executives?
TPI Composites' management team includes the folowing people:
- Mr. Steven C. Lockard, Pres, CEO & Director (Age 56)
- Mr. Mark R. McFeely, Chief Operating Officer (Age 45)
- Mr. Joseph G. Kishkill, Chief Commercial Officer (Age 53)
- Mr. William E. Siwek, Chief Financial Officer (Age 55)
- Mr. Ramesh Gopalakrishnan, Sr. VP of Technology & Industrialization
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 acted as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers.
Has TPI Composites been receiving favorable news coverage?
Media headlines about TPIC stock have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. 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 news impact score of 0.14 on Accern's scale. They also assigned news headlines about the industrial products company an impact score of 45.22 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are TPI Composites' major shareholders?
TPI Composites' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (5.63%), Columbia Partners L L C Investment Management (0.30%) and Essex Investment Management Co. LLC (0.13%). 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.
Which major investors are selling TPI Composites stock?
TPIC stock was sold by a variety of institutional investors in the last quarter, including Columbia Partners L L C Investment Management and Essex Investment Management Co. LLC. 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.
Which major investors are buying TPI Composites stock?
TPIC stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB. 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.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TPI Composites' stock price today?
One share of TPIC stock can currently be purchased for approximately $29.85.
How big of a company is TPI Composites?
TPI Composites has a market capitalization of $1.06 billion 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.
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]
MarketBeat Community Rating for TPI Composites (NASDAQ TPIC)
MarketBeat's community ratings are surveys of what our community members think about TPI Composites and other stocks. Vote "Outperform" if you believe TPIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
