NASDAQ:TPIC TPI Composites - TPIC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TPI Composites, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $11.48 -0.24 (-2.05%) (As of 03/24/2023 08:52 PM ET) Add Compare Share Share Today's Range$11.30▼$11.7950-Day Range$11.24▼$14.4152-Week Range$8.46▼$25.05Volume514,600 shsAverage Volume849,663 shsMarket Capitalization$484.57 millionP/E RatioN/ADividend YieldN/APrice Target$18.08 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability TPI Composites MarketRank™ ForecastAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside57.5% Upside$18.08 Price TargetShort InterestHealthy7.72% of Shares Sold ShortDividend StrengthN/ASustainability+2.17Upright™ Environmental ScoreNews Sentiment0.57Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.31) to $0.03 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.54 out of 5 starsIndustrial Products Sector52nd out of 179 stocksEngines & Turbines Industry3rd out of 7 stocks 4.4 Analyst's Opinion Consensus RatingTPI Composites has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.08, TPI Composites has a forecasted upside of 57.5% from its current price of $11.48.Amount of Analyst CoverageTPI Composites has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.72% of the outstanding shares of TPI Composites have been sold short.Short Interest Ratio / Days to CoverTPI Composites has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in TPI Composites has recently decreased by 7.65%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTPI Composites does not currently pay a dividend.Dividend GrowthTPI Composites does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTPI Composites has received a 67.36% net impact score from Upright. The largest positive contribution comes from its "GHG emissions" impact, which is driven by its "Wind turbine blade covers" and "Wind turbine maintenance" products. See details.Environmental SustainabilityThe Environmental Impact score for TPI Composites is 2.17. Previous Next 2.0 News and Social Media Coverage News SentimentTPI Composites has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 5 news articles for TPI Composites this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for TPIC on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added TPI Composites to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TPI Composites insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.00% of the stock of TPI Composites is held by insiders.Percentage Held by Institutions82.07% of the stock of TPI Composites is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TPI Composites are expected to grow in the coming year, from ($1.31) to $0.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TPI Composites is -3.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TPI Composites is -3.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTPI Composites has a P/B Ratio of 9.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TPI Composites (NASDAQ:TPIC) StockTPI 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.Read More Receive TPIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TPI Composites and its competitors with MarketBeat's FREE daily newsletter. Email Address TPIC Stock News HeadlinesMarch 23, 2023 | americanbankingnews.comTPI Composites, Inc. (NASDAQ:TPIC) Receives $18.08 Consensus Price Target from BrokeragesMarch 22, 2023 | americanbankingnews.comTPI Composites (NASDAQ:TPIC) Stock Price Up 5.4%March 27, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 19, 2023 | americanbankingnews.comTPI Composites (NASDAQ:TPIC) Earns Hold Rating from Analysts at StockNews.comMarch 16, 2023 | msn.comGuggenheim Upgrades TPI Composites (TPIC)March 8, 2023 | finance.yahoo.comTPI Composites, Tex-Tech, and Carbon Rivers Partner in Turning End-of-Life Wind Blades to Liners for Cured in Place PipeMarch 1, 2023 | finance.yahoo.comTPI Composites Prices Upsized $115 Million Convertible Senior Notes OfferingFebruary 28, 2023 | msn.comWhy TPI Composites Stock Is Trading Sharply LowerMarch 27, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 27, 2023 | msn.comTPI Composites stock slides 15% after launching $100M senior notes offeringFebruary 27, 2023 | finance.yahoo.comTPI Composites Announces Proposed Offering of $100 Million Convertible Senior NotesFebruary 24, 2023 | cnbc.comIt's time to buy this under-the-radar wind stock poised to benefit from the latest climate bill, Bank of America saysFebruary 24, 2023 | finance.yahoo.comTPI Composites Full Year 2022 Earnings: Misses ExpectationsFebruary 23, 2023 | msn.comTPI Composites surges on Q4 earnings topper, BofA upgradeFebruary 22, 2023 | msn.comTPI Composites GAAP EPS of -$1.00 misses by $0.20, revenue of $402.28M misses by $38.65MFebruary 22, 2023 | finance.yahoo.comTPI Composites (TPIC) Reports Q4 Loss, Lags Revenue EstimatesFebruary 21, 2023 | msn.comPreview: TPI Composites's EarningsFebruary 6, 2023 | finance.yahoo.comTPI Composites, Inc. Announces Fourth Quarter and Full Year 2022 Earnings Release Date and Conference CallJanuary 28, 2023 | marketwatch.comFiber Reinforced Composites Market Trends, Drivers, Industry Growth, Future Scope, Leading Players Update, and Opportunity Forecast 2023 To 2028January 27, 2023 | finance.yahoo.comInvestors in TPI Composites (NASDAQ:TPIC) have unfortunately lost 35% over the last three yearsJanuary 18, 2023 | finance.yahoo.comTPI Collaborates with WindSTAR to Leverage Machine Learning and Create a Digital Twin of the Wind Blade Manufacturing ProcessJanuary 10, 2023 | markets.businessinsider.comAnalyst Expectations for TPI Composites's FutureJanuary 6, 2023 | finanznachrichten.deTPI Composites, Inc.: TPI and GE Extend Supply Agreements and Plan to Collaborate on Next Generation Blade DesignsJanuary 5, 2023 | benzinga.comTPI and GE Extend Supply Agreements and Plan to Collaborate on Next Generation Blade DesignsJanuary 5, 2023 | finance.yahoo.comTPI and GE Extend Supply Agreements and Plan to Collaborate on Next Generation Blade DesignsDecember 3, 2022 | seekingalpha.comTPI Composites to cut global workforce by 18% in restructuringNovember 4, 2022 | markets.businessinsider.comAnalyst Ratings for TPI CompositesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TPIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TPI Composites and its competitors with MarketBeat's FREE daily newsletter. Email Address TPIC Company Calendar Last Earnings2/22/2023Today3/27/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Engines & turbines Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:TPIC CUSIPN/A CIK1455684 Webwww.tpicomposites.com Phone(480) 305-8910FaxN/AEmployees13,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.08 High Stock Price Forecast$24.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+57.5%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($2.96) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-65,310,000.00 Net Margins-3.84% Pretax Margin-1.70% Return on Equity-38.17% Return on Assets-3.94% Debt Debt-to-Equity Ratio0.02 Current Ratio1.41 Quick Ratio1.39 Sales & Book Value Annual Sales$1.52 billion Price / Sales0.32 Cash FlowN/A Price / Cash FlowN/A Book Value$1.20 per share Price / Book9.57Miscellaneous Outstanding Shares42,210,000Free Float40,522,000Market Cap$484.57 million OptionableOptionable Beta1.82 Key ExecutivesWilliam E. SiwekPresident, Chief Executive Officer & DirectorRyan D. MillerChief Financial OfficerAdrian OprescuSenior Vice President-Technology & ProjectsTheo GibsonChief Information OfficerJames SchimanskiSenior Vice President-Global Supply ChainKey CompetitorsDXP EnterprisesNASDAQ:DXPEInflection Point AcquisitionNASDAQ:IPAXAlta Equipment GroupNYSE:ALTGPowell IndustriesNASDAQ:POWLACCO BrandsNYSE:ACCOView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Sold 375,929 shares on 3/6/2023Ownership: 0.051%NatixisBought 7,669 shares on 2/24/2023Ownership: 0.018%Compass Wealth Management LLCBought 6,955 shares on 2/17/2023Ownership: 0.017%Alliancebernstein L.P.Bought 38,014 shares on 2/16/2023Ownership: 0.226%Wellington Shields & Co. LLCSold 767 shares on 2/16/2023Ownership: 0.049%View All Insider TransactionsView All Institutional Transactions TPIC Stock - Frequently Asked Questions Should I buy or sell TPI Composites stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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? 11 brokerages have issued 12-month price targets for TPI Composites' stock. Their TPIC share price forecasts range from $14.00 to $24.00. On average, they expect the company's stock price to reach $18.08 in the next twelve months. This suggests a possible upside of 57.5% 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 shares have increased by 13.2% and is now trading at $11.48. 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 Thursday, May 4th 2023. View our TPIC earnings forecast. How were TPI Composites' earnings last quarter? TPI Composites, Inc. (NASDAQ:TPIC) released its earnings results on Wednesday, February, 22nd. The industrial products company reported ($0.73) EPS for the quarter, topping the consensus estimate of ($0.80) by $0.07. The industrial products company earned $402.28 million during the quarter, compared to analysts' expectations of $443.71 million. TPI Composites had a negative trailing twelve-month return on equity of 38.17% and a negative net margin of 3.84%. What ETFs hold TPI Composites' stock? ETFs with the largest weight of TPI Composites (NASDAQ:TPIC) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), SPDR S&P Kensho Clean Power ETF (CNRG), AXS Green Alpha ETF (NXTE), Generation Z ETF (ZGEN), Invesco WilderHill Clean Energy ETF (PBW), Fidelity Clean Energy ETF (FRNW), Invesco Global Clean Energy ETF (PBD) and Global X Wind Energy ETF (WNDY). What guidance has TPI Composites issued on next quarter's earnings? TPI Composites updated its FY 2023 earnings guidance on Wednesday, February, 22nd. 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 $1.66 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 initial public offering (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 a number of retail and institutional investors. Top institutional shareholders include Credit Suisse AG (3.48%), Morgan Stanley (3.39%), Millennium Management LLC (2.12%), Carmignac Gestion (2.03%), Deutsche Bank AG (2.02%) and Arosa Capital Management LP (1.81%). Insiders that own company stock include Bam Partners Trust, Bryan Robert Schumaker, Daniel G Weiss, Daniel G Weiss, James Alton Hughes, Jayshree S Desai, 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 $11.48. How much money does TPI Composites make? TPI Composites (NASDAQ:TPIC) has a market capitalization of $484.57 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 ($2.96) 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 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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