NASDAQ:TPIC - TPI Composites Stock Price, News & Analysis

$18.31
+0.43 (+2.40 %)
(As of 09/15/2019 01:25 AM ET)
Today's Range
$17.27
Now: $18.31
$17.75
50-Day Range
$16.96
MA: $20.05
$26.39
52-Week Range
$16.80
Now: $18.31
$32.74
Volume212,224 shs
Average Volume575,716 shs
Market Capitalization$643.60 million
P/E Ratio228.88
Dividend YieldN/A
Beta1.71
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. Read More…

Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryN/A
SectorIndustrial Products
Current SymbolNASDAQ:TPIC
CUSIPN/A
Phone480-305-8910

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.03 billion
Cash Flow$0.8820 per share
Book Value$6.40 per share

Profitability

Net Income$5.28 million

Miscellaneous

Employees10,600
Market Cap$643.60 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 earnings results on Wednesday, August, 7th. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.28) by $0.33. The industrial products company earned $330.77 million during the quarter, compared to analyst estimates of $330.90 million. TPI Composites had a negative return on equity of 5.59% and a negative net margin of 0.82%. The firm's quarterly revenue was up 43.4% on a year-over-year basis. During the same quarter last year, the business posted ($0.12) EPS. View TPI Composites' Earnings History.

When is TPI Composites' next earnings date?

TPI Composites is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for TPI Composites.

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

TPI Composites issued an update on its FY 2019 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $-0.23--0.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.02. The company issued revenue guidance of $1.45-1.5 billion, compared to the consensus revenue estimate of $1.46 billion.

What price target have analysts set for TPIC?

9 analysts have issued 1-year target prices for TPI Composites' shares. Their forecasts range from $25.00 to $42.00. On average, they expect TPI Composites' stock price to reach $31.1111 in the next year. This suggests a possible upside of 69.9% from the stock's current price. View Analyst Price Targets for TPI Composites.

What is the consensus analysts' recommendation for TPI Composites?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TPI Composites.

Has TPI Composites been receiving favorable news coverage?

Headlines about TPIC stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. TPI Composites earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for TPI Composites.

Are investors shorting TPI Composites?

TPI Composites saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 3,203,800 shares, a drop of 6.0% from the July 31st total of 3,407,900 shares. Based on an average daily trading volume, of 513,100 shares, the days-to-cover ratio is presently 6.2 days. Currently, 10.8% of the company's stock are short sold. View TPI Composites' Current Options Chain.

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 Canopy Growth (CGC), Baidu (BIDU), InterDigital Wireless (IDCC), Alibaba Group (BABA), Baozun (BZUN), Cronos Group (CRON), Zynerba Pharmaceuticals (ZYNE), Twilio (TWLO), Alphabet (GOOG) and Netflix (NFLX).

Who are TPI Composites' key executives?

TPI Composites' management team includes the folowing people:
  • Mr. Steven C. Lockard, Pres, CEO & Director (Age 57)
  • Mr. Joseph G. Kishkill, Chief Commercial Officer (Age 54)
  • Mr. William E. Siwek, Chief Financial Officer (Age 56)
  • Mr. Ramesh Gopalakrishnan, Sr. VP of Technology & Industrialization
  • Christian Edin, Sr. Director of Investor Relations

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.

Who are TPI Composites' major shareholders?

TPI Composites' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.62%), Trigran Investments Inc. (5.59%), Handelsbanken Fonder AB (5.42%), Bank of New York Mellon Corp (4.16%), Vanguard Group Inc. (3.46%) and Amundi Pioneer Asset Management Inc. (2.77%). Company insiders that own TPI Composites stock include Bryan Robert Schumaker, Daniel G Weiss, Element Partners Ii Intrafund, Element Partners Ii Lp, Investors L P Angeleno II, Jack A Henry, Landmark Equity Advisors Llc, Michael Lawrence Derosa, Paul G Giovacchini, Philip J Deutch, Stephen Bransfield, Steven C Lockard, Thomas J Castle 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 Neumeier Poma Investment Counsel LLC, Wasatch Advisors Inc., Price T Rowe Associates Inc. MD, Russell Investments Group Ltd., AlpInvest Partners B.V., Fiera Capital Corp, Allianz Asset Management GmbH and First Trust Advisors LP. Company insiders that have sold TPI Composites company stock in the last year include Daniel G Weiss, Element Partners Ii Intrafund, Element Partners Ii Lp, Michael Lawrence Derosa, Steven C Lockard and Thomas J Castle. 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 BlackRock Inc., Redwood Capital Management LLC, Bank of New York Mellon Corp, Scout Investments Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Trigran Investments Inc., Triodos Investment Management BV and Peregrine Capital Management LLC. Company insiders that have bought TPI Composites stock in the last two years include Bryan Robert Schumaker, Jack A Henry, Paul G Giovacchini, Stephen Bransfield, Steven C Lockard 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, Robinhood, Fidelity and Charles Schwab.

What is TPI Composites' stock price today?

One share of TPIC stock can currently be purchased for approximately $18.31.

How big of a company is TPI Composites?

TPI Composites has a market capitalization of $643.60 million and generates $1.03 billion in revenue each year. The industrial products company earns $5.28 million in net income (profit) each year or $0.08 on an earnings per share basis. TPI Composites employs 10,600 workers across the globe.View Additional Information About TPI Composites.

What is TPI Composites' official website?

The official website for TPI Composites is http://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]


MarketBeat Community Rating for TPI Composites (NASDAQ TPIC)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  223 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  406
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.
This page was last updated on 9/15/2019 by MarketBeat.com Staff

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