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 quarterly earnings results on Thursday, May, 3rd. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.04 by $0.20. The industrial products company had revenue of $254 million for the quarter, compared to the consensus estimate of $229.32 million. TPI Composites had a net margin of 4.92% and a return on equity of 28.51%. The firm's quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.10 EPS. 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 issued an update on 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 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.

7 analysts have issued 12 month price targets for TPI Composites' shares. Their forecasts range from $23.00 to $33.00. On average, they expect TPI Composites' share price to reach $28.2857 in the next year. 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 (APGI) and Coates International (COTE).

(TPIC) raised $72 million in an initial public offering 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 acted as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers.

Media headlines about TPIC stock have been trending somewhat positive on Sunday, according to Accern Sentiment. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TPI Composites earned a media sentiment score of 0.09 on Accern's scale. They also gave news articles about the industrial products company an impact score of 45.88 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

TPI Composites' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.03%), Millennium Management LLC (1.57%), Thrivent Financial for Lutherans (1.35%), Loomis Sayles & Co. L P (1.34%), Dimensional Fund Advisors LP (1.15%) and Trigran Investments Inc. (1.08%). 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 bought by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Mackay Shields LLC, BlackRock Inc., Cortina Asset Management LLC, Dimensional Fund Advisors LP, Stanley Laman Group Ltd., JPMorgan Chase & Co. and Trexquant Investment LP. 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 $26.36.

TPI Composites has a market capitalization of $898.80 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]