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S&P 500   4,179.83
DOW   32,908.27
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Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Having Trouble in Your Trading? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Having Trouble in Your Trading? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Having Trouble in Your Trading? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Having Trouble in Your Trading? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Having Trouble in Your Trading? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Having Trouble in Your Trading? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NASDAQ:TPIC

TPI Composites (TPIC) Stock Forecast, Price & News

$10.66
-0.50 (-4.48%)
(As of 05/31/2023 ET)
Compare
Today's Range
$10.37
$11.27
50-Day Range
$8.72
$13.39
52-Week Range
$8.46
$25.05
Volume
721,810 shs
Average Volume
915,916 shs
Market Capitalization
$452.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.92

TPI Composites MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
58.7% Upside
$16.92 Price Target
Short Interest
Bearish
21.68% of Shares Sold Short
Dividend Strength
N/A
Sustainability
+2.17
Upright™ Environmental Score
News Sentiment
0.55mentions of TPI Composites in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.54) to ($0.06) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Industrial Products Sector

106th out of 178 stocks

Engines & Turbines Industry

4th out of 5 stocks


TPIC stock logo

About TPI Composites (NASDAQ:TPIC) Stock

TPI Composites, Inc. is a holding company, which engages in the manufacturing of composite wind blades for the wind energy market. It operates through the following segments: United States (US), Asia, Mexico, Europe, the Middle East & Africa (EMEA), and India. The US segment includes the production of wind blades in its Newton, Iowa plant, the manufacturing of precision molding and assembly systems used for the production of wind blades in its Warren, Rhode Island facility, and composite solutions for the transportation industry. The Asia segment produces wind blades in its Taicang Port, Dafeng, and Yangzhou, China facilities. The Mexico segment focuses on its operation of wind blades in Juárez and Matamoros, Mexico. The EMEA segment offers wind blades from two facilities in Izmir, Turkey, and performs wind blade inspection and repair services. The India segment relates to wind blade sales and other sales operation in India. The company was founded by Everett Pearson and Neil Tillotson in 1968 and is headquartered in Scottsdale, AZ.

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TPIC Stock News Headlines

TPI Composites (TPIC) Gets a Hold from Stifel Nicolaus
"Unknown laser company making HUGE profit from Russia-Ukraine War"
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TPI Composites (NASDAQ:TPIC) Price Target Cut to $13.00
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation
Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation.
TPI Composites (NASDAQ:TPIC) PT Raised to $15.00
TPI Composites: Too Early To Be Bullish
Why TPI Composites Stock Crashed Today
Q1 2023 TPI Composites Inc Earnings Call
Recap: TPI Composites Q1 Earnings
Earnings Preview: TPI Composites
See More Headlines
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TPIC Company Calendar

Last Earnings
5/03/2023
Today
6/01/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Engines & turbines
Sub-Industry
N/A
Current Symbol
NASDAQ:TPIC
Fax
N/A
Employees
13,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$16.92
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+58.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$-65,310,000.00
Pretax Margin
-1.67%

Debt

Sales & Book Value

Annual Sales
$1.52 billion
Book Value
($0.08) per share

Miscellaneous

Free Float
40,441,000
Market Cap
$452.84 million
Optionable
Optionable
Beta
1.87

Key Executives

  • William E. SiwekWilliam E. Siwek
    President, Chief Executive Officer & Director
  • Ryan D. Miller
    Chief Financial Officer
  • Adrian Oprescu
    Senior Vice President-Technology & Projects
  • Theo Gibson
    Chief Information Officer
  • James Schimanski
    Senior Vice President-Global Supply Chain













TPIC Stock - Frequently Asked Questions

Should I buy or sell TPI Composites stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TPIC shares.
View TPIC analyst ratings
or view top-rated stocks.

What is TPI Composites' stock price forecast for 2023?

10 brokers have issued 12 month price targets for TPI Composites' shares. Their TPIC share price forecasts range from $9.00 to $22.00. On average, they predict the company's stock price to reach $16.92 in the next year. This suggests a possible upside of 58.7% from the stock's current price.
View analysts price targets for TPIC
or view top-rated stocks among Wall Street analysts.

How have TPIC shares performed in 2023?

TPI Composites' stock was trading at $10.14 at the start of the year. Since then, TPIC stock has increased by 5.1% and is now trading at $10.66.
View the best growth stocks for 2023 here
.

When is TPI Composites' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our TPIC earnings forecast
.

How were TPI Composites' earnings last quarter?

TPI Composites, Inc. (NASDAQ:TPIC) released its quarterly earnings results on Wednesday, May, 3rd. The industrial products company reported ($0.72) EPS for the quarter, missing the consensus estimate of ($0.41) by $0.31. The industrial products company had revenue of $404.07 million for the quarter, compared to analyst estimates of $383.20 million. TPI Composites had a negative net margin of 4.17% and a negative trailing twelve-month return on equity of 58.56%.

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

TPI Composites updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.60 billion-$1.70 billion, compared to the consensus revenue estimate of $1.65 billion.

What is William E. Siwek's approval rating as TPI Composites' CEO?

4 employees have rated TPI Composites Chief Executive Officer William E. Siwek on Glassdoor.com. William E. Siwek has an approval rating of 100% among the company's employees. This puts William E. Siwek in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 IPO 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 shareholders include BlackRock Inc. (10.62%), State Street Corp (5.02%), Credit Suisse AG (4.06%), Geode Capital Management LLC (1.89%), Essex Investment Management Co. LLC (1.78%) and Royce & Associates LP (1.65%). Insiders that own company stock include Bam Partners Trust, Bryan Robert Schumaker, Daniel G Weiss, Daniel G Weiss, James Alton Hughes, 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
.

How do I buy shares of TPI Composites?

Shares of TPIC stock 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.
Compare Top Brokerages Here.

What is TPI Composites' stock price today?

One share of TPIC stock can currently be purchased for approximately $10.66.

How much money does TPI Composites make?

TPI Composites (NASDAQ:TPIC) has a market capitalization of $452.84 million and generates $1.52 billion in revenue each year. The industrial products company earns $-65,310,000.00 in net income (profit) each year or ($3.13) on an earnings per share basis.

How many employees does TPI Composites have?

The company employs 13,500 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 official website for the company is www.tpicomposites.com. The industrial products company can be reached via phone at (480) 305-8910 or via email at investors@tpicomposites.com.

This page (NASDAQ:TPIC) was last updated on 6/1/2023 by MarketBeat.com Staff

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