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NASDAQ:TPIC

TPI Composites Stock Forecast, Price & News

$41.67
+1.63 (+4.07 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$40.69
Now: $41.67
$43.69
50-Day Range
$32.03
MA: $36.56
$41.48
52-Week Range
$9.19
Now: $41.67
$45.50
Volume535,957 shs
Average Volume549,763 shs
Market Capitalization$1.49 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.66
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, 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.
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TPI Composites logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.79 out of 5 stars


Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryN/A
Current SymbolNASDAQ:TPIC
CUSIPN/A
Phone480-305-8910
Employees13,300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.44 billion
Cash Flow$0.98 per share
Book Value$5.83 per share

Profitability

Net Income$-15,710,000.00

Miscellaneous

Market Cap$1.49 billion
Next Earnings Date2/25/2021 (Estimated)
OptionableOptionable
$41.67
+1.63 (+4.07 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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TPI Composites (NASDAQ:TPIC) Frequently Asked Questions

How has TPI Composites' stock 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 increased by 144.3% and is now trading at $41.67.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of TPI Composites?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 1 hold rating, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for TPI Composites
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than TPI Composites?

Wall Street analysts have given TPI Composites a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TPI Composites wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TPI Composites' next earnings date?

TPI Composites is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for TPI Composites
.

How were TPI Composites' earnings last quarter?

TPI Composites, Inc. (NASDAQ:TPIC) posted its earnings results on Thursday, November, 5th. The industrial products company reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.93. The industrial products company earned $474.10 million during the quarter, compared to analysts' expectations of $404.03 million. TPI Composites had a negative return on equity of 7.79% and a negative net margin of 4.69%. The firm's quarterly revenue was up 23.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.13) earnings per share.
View TPI Composites' earnings history
.

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

TPI Composites issued an update on its fourth quarter 2020 After-Hours earnings guidance on Thursday, November, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $435-455 million, compared to the consensus revenue estimate of $446.47 million.

What price target have analysts set for TPIC?

11 analysts have issued 1-year target prices for TPI Composites' shares. Their forecasts range from $26.00 to $45.00. On average, they expect TPI Composites' stock price to reach $37.00 in the next twelve months. This suggests that the stock has a possible downside of 11.2%.
View analysts' price targets for TPI Composites
.

Who are some of TPI Composites' key 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), The Boeing (BA) and Bilibili (BILI).

Who are TPI Composites' key executives?

TPI Composites' management team includes the following people:
  • Mr. William E. Siwek, Pres, CEO & Director (Age 57, Pay $637.52k)
  • Mr. Bryan R. Schumaker, Chief Financial Officer (Age 44, Pay $536.94k)
  • Mr. Steven G. Fishbach Esq., Gen. Counsel & Sec. (Age 50, Pay $465.77k)
  • Mr. Ramesh Gopalakrishnan, Chief Operating Officer– Wind (Age 52, Pay $570.44k)
  • Mr. Adan Gossar, Chief Accounting Officer (Age 47)
  • Christian Edin, Sr. Director of Investor Relations
  • Ms. Deane Ilukowicz, Sr. VP of Global HR & Social Responsibility
  • Mr. Thomas J. Castle, Sr. VP of Operations - Strategic Markets. (Age 48)
  • Mr. Lance Marram, Sr. VP of Global Service
  • Mr. Adrian Oprescu, SVP of Technology & Global Projects

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 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.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (5.78%), Handelsbanken Fonder AB (2.57%), Wasatch Advisors Inc. (2.45%), State Street Corp (2.16%), Portsea Asset Management LLP (1.97%) and Morgan Stanley (1.62%). Company insiders that own TPI Composites stock include Bryan Robert Schumaker, Daniel G Weiss, Element Partners Ii Intrafund, Jack A Henry, Jayshree S Desai, Michael Lawrence Derosa, Paul G Giovacchini, Ramesh Gopalakrishnan, Stephen Bransfield, Steven C Lockard, 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 Handelsbanken Fonder AB, BlackRock Inc., Pekin Hardy Strauss Inc., Pekin Hardy Strauss Inc., CIBC Private Wealth Group LLC, Sycomore Asset Management, RK Capital Management LLC, and Wasatch Advisors Inc.. Company insiders that have sold TPI Composites company stock in the last year include Daniel G Weiss, Ramesh Gopalakrishnan, Steven C Lockard, and Thomas J Castle.
View insider buying and selling activity for TPI Composites
.

Which institutional investors are buying TPI Composites stock?

TPIC stock was acquired by a variety of institutional investors in the last quarter, including Portsea Asset Management LLP, ExodusPoint Capital Management LP, Segall Bryant & Hamill LLC, DekaBank Deutsche Girozentrale, Guinness Asset Management LTD, UBS Oconnor LLC, Morgan Stanley, and AXA S.A.. Company insiders that have bought TPI Composites stock in the last two years include Bryan Robert Schumaker, Jack A Henry, Jayshree S Desai, Paul G Giovacchini, Stephen Bransfield, Steven C Lockard, and William E Siwek.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is TPI Composites' stock price today?

One share of TPIC stock can currently be purchased for approximately $41.67.

How big of a company is TPI Composites?

TPI Composites has a market capitalization of $1.49 billion and generates $1.44 billion in revenue each year. The industrial products company earns $-15,710,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis. TPI Composites employs 13,300 workers across the globe.

What is TPI Composites' official website?

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

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]

This page was last updated on 11/29/2020 by MarketBeat.com Staff

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